IBM CEO: Accept the future of hybrid working and look at what needs to be done to retain company culture – CityAM : CityAM August 25, 2021 The measures taken to minimise the impact of the pandemic have upended some long-held certainties; none more widespread than the move to remote working. What was initially seen as a stopgap measure to maintain business continuity during lockdowns has quickly become an established part of the daily routine for employees. Digitisation is changing everything around [...]
Michael Saylor’s MicroStrategy now holds a staggering 109,000 Bitcoin August 24, 2021 MicroStrategy – the world’s first PLC to hold Bitcoin – has added to its crypto-heavy balance sheet with the purchase of a further 3,907 Bitcoin.
London property managing platform Plentific bags $100m in fresh funding – CityAM : CityAM August 24, 2021 London-based Plentific, which operates a property management platform, has pulled in $100m (£72.8m) in its latest funding round. The Series C fundraiser, led by fresh investors Highland Europe and Brookfield Technology Partners, is set to finance its expansion plans across the US and the rest of the world. Investors old and new piled into the [...]
Impact investing is increasingly a buzzword in the City as millennial investors take over August 24, 2021 Impact investing, the strategy to make financial profits but create a long-standing, positive impact on our world, in the process, is becoming increasingly ‘a thing’ in the City and other financial hubs around the world. Many investors are hyper-aware of what is happening around them, with factors such as corporate social responsibility (CSR) making a [...]
Bitcoin stalls at $50k as Cardano continues march August 24, 2021 After a big weekend, Bitcoin yesterday hit a wall at the psychologically-important $50k resistance level.
Surging DeFi adoption driven by experienced traders – CityAM : CityAM August 24, 2021 New data from Chainalysis has revealed that DeFi adoption is being driven by experienced traders looking for new high value opportunities. The company’s Global DeFi Adoption Index found that high-income countries were leading the way for grassroots DeFi adoption. The US topped the index with China and the UK also making it into the top [...]
Imagination Technologies cashes in on chip demand amid China tech row : CityAM August 24, 2021 British semiconductor firm Imagination Technologies has posted a surge in revenue as a raging global chip shortage helped boost demand for its products. The company, which is based in Hertfordshire but owned by a Chinese private equity fund, reported a 55 per cent rise in revenue to $76m (£55m) in the first half of the [...]
Tokyo 2020: 10 Paralympics GB medal hopes including Dame Sarah Storey, Jonnie Peacock, Hannah Cockroft, Sir Lee Pearson and Jaco van Gass August 24, 2021 ParalympicsGB enjoyed a stellar Rio 2016 Games, finishing second overall in the medal table with an astounding 147 medals, 64 of those gold. Despite the Tokyo 2020 Games having been pushed back by a year, Britain still boasts a strong squad with plenty of medal prospects. The exclusion of six-time medallist Stephen Miller on the [...]
Science Group turns up heat in bid to takeover TP Group – CityAM : CityAM August 24, 2021 Science Group has made a further share purchase in an engineering firm after its attempts to buy the company were repeatedly rebuffed by the board. As of today, Science Group holds 140,528,829 shares in TP Group giving the company 18.03 per cent of voting share capital. Last week Science Group, a services and product development [...]
Culture club: Ally MacIndoe CA on her role as Finance Director MENA at the British Council and the UK’s continued cultural clout August 24, 2021 | City Talk This article first appeared in ICAS’ CA magazine. The UK has always had huge cultural clout. By connecting people through innovative education and the soft power of the English language, Ally MacIndoe CA, Finance Director MENA at the British Council, is keeping it that way Many readers, whether in the UK or abroad, will have heard [...]