Musk to meet EU industry chief to discuss online safety and chip shortages May 9, 2022 Elon Musk will meet with EU industry chief Thierry Breton this evening to discuss policing of online content, as well as global chip shortages. Meeting in Texas, the two men come together just weeks after the Tesla founder pushed forward with his $44bn takeover of Twitter. Meanwhile, the EU has pushed forward with its new Digital [...]
Jet off to where well-heeled Athenians summer in Porto Heli, Greece May 9, 2022 THE WEEKEND: If you’ve done Crete, Corfu and Kos, follow royalty, billionaires and inthe-know A-listers to the Greek Riviera. Located on the eastern Peloponnese, pretty Porto Heli is known as the Hamptons of Greece and has been the holiday of choice for wealthy Athenians for years. It’s the ideal twin-centre break if you have time [...]
Bitcoin slips to three-month low as interest rate rises hit financial markets May 9, 2022 The price of Bitcoin (BTC) fell to a three-month low yesterday, dropping below $34k to its lowest level since late January of this year.
1 Minute Market Rundown – 9th May 2022 May 9, 2022 | City Talk Path of Least Resistance Remains Lower Economic Slowdown Main ConcernUSD Remains King Friday’s highly anticipated NFP print did little to stop the rot as risk markets continue to remain on the backfoot. Stocks have fallen yet again today and the greenback has climbed higher as the market continues to focus on a potential economic slowdown [...]
Chartered Management Consultancy Award (ChMC) helps retain and attract the most talented management consultants May 9, 2022 | Sponsored Demand for management consultancy services continues to grow at historic levels. Last year’s growth rate for the sector of 16 per cent is forecast to be followed by a 13 per cent expansion this year as clients continue to turn to consultants during a critical period to drive growth, digital transformation and help them to [...]
Brits demand better protection against fake reviews as EU gears up for reform May 9, 2022 New data has revealed that British consumers want greater protection against fake reviews as the government gears up for the Consumer Protection Bill this week. According to research from reviews provider Feefo, over three quarters of consumers and 81 per cent of businesses are calling for bolder action to be taken, urging ministers to bring [...]
Sadiq Khan: London must make ’the most of Brexit’ and attract US talent and investment May 9, 2022 SADIQ Khan said London “needed to make the most of Brexit” as he met with big business leaders in the US yesterday. The Mayor of London is in New York as part of the first leg of his trip to the US in a bid to drive tourism to the capital. He said yesterday his [...]
Camelot’s National Lottery legal battle could drain £500m from good causes May 8, 2022 The former boss of lottery operator Camelot has urged the gambling commission to delay the transfer of the firm’s licence to new operator Allwyn, as the costly legal battle could cut resources for good causes. Dame Dianne Thompson has written in a letter to the commission first reported by the Mail on Sunday that a legal [...]
Election 2022: Boris Johnson under pressure as hundreds of council seats lost May 7, 2022 The scandal hit conservative party has haemorrhaged support across the UK with hundreds of council seats lost to Labour and the Lib Dems.
1 Minute Market Rundown – 6th May 2022 May 6, 2022 | City Talk Old Lady Signals a Pause to Come Crypto and Risk Assets Come Under PressureUSD Remains King; GBP Destroyed To understand the magnitude of the sell off yesterday here are some facts: ● The Nasdaq suffers its largest one day percentage drop since June 11, 2020 ● The DOW suffered its largest one day percentage drop [...]