London Metal Exchange says it has no plans to shut out Russian metals March 22, 2022 The London Metal Exchange said it has no plans to block trading metals from Russian producers despite pressure to clampdown.
London fintech Jeeves gets Tencent backing in $180m funding round March 22, 2022 London corporate card fintech Jeeves has won the backing of Chinese tech giant Tencent in a fresh $180m funding round announced today.
Prologis launches bid to snap up Blackstone’s €21bn warehouse portfolio March 22, 2022 The world’s biggest warehouse owner Prologis has made a bid to snap up the warehouse portfolio of investment giant Blackstone, as firms scramble to secure logistics capacity and investment continues to pour into the space.
Six strategies for your retirement income March 22, 2022 | City Talk What surprises me most about my wife’s catering business is how much food is usually left over. I often ask: ‘Is there a better way to manage food costs?’. Her answer is always the same: ‘Better to have food left over than fall short.’ She has the exceptional ability to estimate how much each person [...]
S&P Global withdraws all ratings on Russian entities as US giant shuts down operations in Moscow March 22, 2022 US credit rating giant S&P Global Ratings said earlier this morning it will suspend all of its commercial operations in Russia. The company said that following the sanctions announced by the EU on March 15, which included a ban on providing credit ratings to legal persons, entities, or bodies established in Russia, it decided to [...]
London-based fintech for farmers bags funding injection March 22, 2022 A London-based fintech for farmers has bagged £12m funding today as it looks to accelerate the roll out of its livestock data platform into the US and Australia.
London-listed Pantheon Infrastructure pumps £36m into logistics firm in maiden investment March 21, 2022 London-listed investment vehicle Pantheon Infrastructure has announced its maiden investment today with €43m (£36m) pumped into a European transport and logistics firm.
More than 100 listed UK companies sound alarm as Ukraine war makes investors move away from shares to gold March 21, 2022 115 UK listed companies have now warned of the effects of the war in Ukraine in their stock exchange announcements. The number of companies warning of the risk the situation in Ukraine poses has risen almost fivefold in the past week, up from 20 the week before. So far few have quantified the impact on [...]
Capital punishment: private sector sanctions in Russia March 21, 2022 | City Talk The corporate response to Russia’s invasion of Ukraine is representative of a wider shift in the role of the private sector in society. Russia’s invasion of Ukraine is first and foremost a human tragedy and has far-reaching consequences for millions of people. Our thoughts are with those caught in the atrocious situation, those that have [...]
SPAC snaps up Ondo to make it first public ‘insurtech’ firm in London March 21, 2022 Ondo has become the first ‘insurtech’ firm to go public in the capital today, as listed acquisition vehicle Spinnaker Acquisitions snaps up the firm and brings it onto the London Stock Exchange.