Amazon feeds its ‘inquisitive appetite’ in healthcare sector with Signify bid August 23, 2022 Amazon looks set to continue its push into healthcare with a bid for Signify Health, which provides in-home health evaluations, in a move long predicted by analysts. The Big Tech firm, competing with rival bidders UnitedHealth Group, CVS Health and Option Care Health, has offered the second highest figure for the company, according to Bloomberg. [...]
Fintech lenders have failed to educate FCA on financial crime, says digital bank chief August 23, 2022 Fintech lenders have done a “poor job” of educating the UK’s financial regulators on how to stamp out financial crime as banking has shifted onto digital apps, the chief of Cashplus has said.
Europe’s gas crisis: what does it mean for investors? August 23, 2022 | City Talk Europe faces high gas prices and potential shortages as supply from Russia dwindles. We ask our investment experts what this means for companies, the energy transition, and the eurozone economy. Europe’s precarious gas supply situation has been a prime focus for markets ever since Russia’s invasion of Ukraine at the end of February. The European [...]
Hot in the city: why investors should care about soaring temperatures August 23, 2022 | City Talk As heatwaves become more frequent, city centre buildings will need to adapt. For investors in global cities, keeping a close eye on weather data will become vital. As investors in global cities, we have been using planetary-scale environmental geospatial data since 2019. We have been continuously investigating and mining datasets more commonly found in academic [...]
Thames Water to probe data centres’ water usage August 23, 2022 Thames Water has said it is investigating the impact of data centres on the water supply in the London area. “We know there is increased demand for data centres and we have started a targeted exercise to understand how much water is used by them,” John Hernon, Thames Water Strategic Development Manager, said in a [...]
Ukraine: Insurers provide first policy for grain shipment out of war-torn country August 23, 2022 Lloyd’s of London broker Ascot and insurer Marsh have written their first insurance policy for a ship carrying Ukrainian grain out of the country’s Black Sea ports following the signing of Russia and Ukraine’s safe passage deal last month. The shipping insurance policy is set to reinforce the UN brokered deal to reopen Ukraine’s seaports [...]
Energy boss: Millions will suffer without more support for rising bills this winter August 23, 2022 Households will be unable to cope with a huge spike in energy bills this winter unless the Government steps in argued So Energy boss Simon Oscroft.
EDF Energy calls for more household support as price cap prediction jumps £6,500 August 23, 2022 Half of British households are facing fuel poverty this winter, unless the Government does more to help ease energy bills, warned EDF Energy (EDF) – one of the UK’s big five energy suppliers A household is considered to be in fuel poverty if it has to spend 10 per cent or more of its disposable [...]
Klarna says BNPL can offer ‘better value’ for essentials amidst cost of living crunch August 23, 2022 Klarna has doubled down on the use of buy-now pay-later for essentials like groceries after debt charities and the regulator warned over the promotion of the products amidst a cost of living crunch this year.
Germany chases Canadian LNG to stave off supply shortages this winter August 23, 2022 Germany is targeting Canadian liquefied natural gas to help ease its shift away from Russian gas imports this winter.