Even in these dark times, remember Bitcoin could still bring some light to the world May 27, 2022 Jason Deane reflects on a bad week for the world, but offers uplifting positivity where a future can be helped with Bitcoin.
‘Back to business’ for City favourite T.M. Lewin after 120-year old menswear brand strikes rescue deal May 27, 2022 British menswear brand TM Lewin, for decades a favourite among workers in the Square Mile, told City A.M. this morning it is back in business. Announced six weeks after the heritage brand struck a rescue deal with TM Lewin Shirtmaker Limited, the company is relaunching solely online, for now. Established over 120 years ago, TM [...]
JD Sports attempts to calm investors about Cowgill exit as shares slump May 27, 2022 JD Sports made attempts to reassure investors yesterday after red flags were raised by the sudden departure of Peter Cowgill.
Companies should brace themselves for an avalanche of climate lawsuits, lawyers say May 26, 2022 London listed companies should brace themselves for an avalanche of climate related lawsuits, as shareholders and NGOs increasingly resort to litigation over climate related financial risks, lawyers have said. Investors are increasingly suing companies for breaching their fiduciary duties, over their failures to limit their exposure to climate risks, Fiona Huntriss, a partner at London [...]
Uncovering Churchill’s Marrakech May 26, 2022 Asking if Winston Churchill was a hero or a villain oversimplifies the man and the historic events in which he played such controversial — but undoubtedly significant — roles. I knew of him first as a statesman, then as a historian and writer, but only relatively recently discovered that Churchill was an accomplished artist, too. [...]
Rising wages tip Manchester United to £27.7m Q3 loss despite post-pandemic revenue recovery May 26, 2022 Manchester United made a loss of £27.7m for the three months up to the end of March, a 53 per cent increase on the same period last year, due to rising wages and unfavourable exchange rates. Revenue was up 29 per cent to £152.8m, largely due to the return of supporters to Old Trafford following [...]
Digital Asset Economy Fuels Instant Settlements Innovation May 26, 2022 | City Talk Today the always-on demands of online markets have to be matched with the ability to access opportunities instantly and with no limits. Historically correspondent banks would move large sums of money for those needing to transfer funds while creating bottlenecks of unnecessary friction. Innovations such as shared ledger transactions for institutional investors and traders are [...]
1 Minute Market Rundown – 26th May 2022 May 26, 2022 | City Talk Trade the ExtremesCrypto Comes Under PressureFED Retains Flexibility The FOMC minutes came and went and the markets have summed it up quite nicely – nothing new. There were no fresh insights and all markets can’t make headway in either direction. The word we like to use to describe this market is ‘transactional.’ It feels that [...]
Altcoins drop as JPMorgan holds Bitcoin price assessment May 26, 2022 The price of Bitcoin remains flat this morning, with low trading volume suggesting there is still indecision among investors.
Ex-Brexit chief David Davis boasts he forced previous PM out: “I knew my resignation would be the end for May” May 26, 2022 Former Brexit secretary David David claimed when he resigned from the cabinet in July 2018, “I knew that it would be the end” for Theresa May as PM. The veteran politician and Brexiteer hit out at the former leader, while also taking a swipe at the current resident of Number 10, reiterating his call for [...]