Slashing artworks won’t help the climate fight as much as the oil firms will December 1, 2022 Stop using oil or the Vermeer gets it. That’s the message from our friends at Just Stop Oil, who have somehow transmuted irritation at the use of fossil fuels to anger at the works of the Dutch masters. Yesterday the group said they were set to “escalate” their activity from attaching themselves to artworks to [...]
Peel Hunt profits plunge 99 per cent amid capital markets slowdown December 1, 2022 Peel Hunt said profits plunged by 99 per cent in the first half of the year as it is hammered by a slump in initial public offerings and volatility on the markets.
AJ Bell assets slide as volatility hits investors December 1, 2022 Trading firm AJ Bell said the value of assets on its platform had dipped two per cent in the past year as extreme volatility on the markets dealt a blow to retail investors' holdings.
Bankman-Fried claims he ‘didn’t ever try to commit fraud’ December 1, 2022 Sam Bankman-Fried tried to reject allegations he had committed fraud in the collapse of his crypto exchange FTX yesterday as he mounted his first public defence since the implosion of the exchange earlier this month.
Chief of beleaguered energy storage firm ITM Power resigns after 13 years December 1, 2022 The chief executive of ITM Power Graham Cooley has quit with immediate effect after 13 years at the helm. He will be succeeded by Dennis Shulz as the firm deferred its trading update to the end of January instead of in early December. This comes after ITM Power suffered ballooning gross losses of £23.5m earlier [...]
Class actions pose increasing threat to UK firms, new research shows December 1, 2022 Class action lawsuits pose an increasing threat to UK companies, according to new research showing the majority of British people would now willingly take part in collective claims. Most British people (60 per cent) would now be willing to take part in a claim against a company whose actions have impacted them, while 55 per [...]
Rio Tinto pledges $600m to boost miner’s renewable ambitions November 30, 2022 Rio Tinto plans to invest a further $600m in renewable energy assets across the iron ore-rich Pilbara region of Western Australia.
Federal Reserve could scale back interest rate hikes from December November 30, 2022 The Federal Reserve could scale back the pace of its interest rate hikes "as soon as December," revealed Fed Chair Jerome Powell.
Ithaca Energy records $1.4bn profits amid booming oil and gas trading November 30, 2022 North Sea producer Ithaca Energy reported bumper $1.4bn profits in its first set of results since its London debut earlier this month.
Octopus edges towards Bulb deal as judge confirms takeover date November 30, 2022 Octopus Energy are inching closer to completing their protracted takeover of Bulb, after a High Court judge set a date for the deal to be finalised.