What does the current volatility mean for energy transition investing? April 5, 2022 | City Talk The driving forces behind the energy transition remain as strong as ever and the current market volatility has only enhanced these trends. There is a lot going on in the financial markets right now. Meaningful inflation has returned for the first time in decades. Supply chains everywhere continue to be disrupted. Geopolitical and social tensions [...]
Giving crypto the ministerial seal of approval comes with responsibilities April 4, 2022 As Rishi Sunak is finding out, value can be volatile. Last year he was the odds-on favourite to replace Boris Johnson in Number Ten, popular with Tory party members and (for a Cabinet minister, at least) the public at large. Alas this year, though Sunak has done very little differently, his stock isn’t quite flying [...]
Zelensky says Bucha massacre is a ‘genocide’ as US moves to kick Russia off UN human rights body April 4, 2022 Ukraine’s president has called on the world to recognise Russia’s massacre in Bucha as a ‘genocide’. While visiting the city, just outside of Kyiv, President Zelenksy appeared in a bullet-proof vest and spoke about the alleged mass murder of civilians, revealed through gruesome images and videos shared online today. He said according to the Times: [...]
1 Minute Market Rundown – 4th April 2022 April 4, 2022 | City Talk Russia – UkraineETH and SOL outperformingFed mind in focusS&P tops out March proved to be another strong month for employment data with the headline number inline and unemployment ticking lower. The tight labour market has reaffirmed the hawks’ calls for a 50bps hike in May by the FED. Of the remaining 6 meetings for the [...]
Market for nuclear weapons could near £100bn by 2030, fuelled by war in Ukraine April 4, 2022 The market for nuclear weapons could near £100bn in the next 10 years, as Russia’s war in Ukraine continues to push up military spending. The reported 72 per cent increase from 2020 levels would be a major spike from the estimated value of $73b (£55bn), two years ago. The Kremlin’s sabre-rattling, including putting its nuclear-ready [...]
Macron accused of ‘negotiating with Hitler’ by Poland’s PM after talks with Putin April 4, 2022 French President Emmanuel Macron has been accused of “negotiating with Hitler” by Poland, after holding a series of 17 talks with Vladimir Putin since December last year. Polish Prime Minister Mateusz Morawiecki hit out at the French leader for engaging with the Kremlin amid international efforts to isolate Moscow while it wages war in Ukraine. [...]
Klarna boss says Brussels has produced some of ‘the worst regulation ever created’ April 4, 2022 The boss of buy-now pay-later (BNPL) giant Klarna says Brussels has held back fintech firms with prescriptive rules and produced some of the “worst regulation ever created”.
Bitcoin price steadies below $46k following weekend of landmarks April 4, 2022 After a slow weekend for the cryptocurrency markets, the price of Bitcoin looks to be settling just under the $46k mark.
City A.M. Awards 2022: Business of the Year April 4, 2022 The City is back, and so are the City A.M. Awards, recognising the best of the Square Mile, Canary Wharf and London’s business community – which has shown shown resilience, innovation and adaptability like never before over the past year. We’re delighted to host what will be a wonderful celebration of the capital’s rebound, but [...]
Tech Weekly: Investment boom in rapid grocery, and FCA gives breathing space for UK crypto firms April 1, 2022 Today Nasson talks to Lily Russell-Jones and Charlie Conchie about this week’s most important stories in crypto and fintech. Lily explains the FCA’s decision to extend its deadline for crypto firms seeking regulatory approval; and Charlie goes through the latest valuations and funding rounds for rapid grocery delivery firms, and outlines whether their high-spend model [...]