After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Commercial real estate might be reliably disinteresting now, but don’t get too cosy October 9, 2018 At a time of political and market turbulence in the UK, there is one area where we’ve seen relative stability. Commercial real estate data in recent months has been fairly constant, with no significant changes to the outlook. The returns for commercial real estate have remained disappointing relative to recent years, yet there has been [...]
Italy’s stock market sell-off could force its populist politicians to change course October 9, 2018 The start of this week witnessed yet another spike in Italian bond yields, as the country’s coalition government continued to grapple with the details of its 2019 budget. Political leaders also struggled to deliver a consistent message to investors, who have grown increasingly concerned about the state’s future spending and borrowing plans. The depth of [...]
Sustainable investing is about making bigger profits, say the majority of investors October 9, 2018 | City Talk The majority of investors believe the main reason to invest sustainably is to make bigger profits, a major global study has found. The findings suggest investors increasingly believe that backing sustainable investments, those companies that are most focused on managing environmental, social and governance issues, will deliver better results rather than just be a choice [...]
IMF downgrades world economic growth forecast October 9, 2018 The International Monetary Fund (IMF) has downgraded the world’s economic growth forecast while warning about risks created by the US and China’s trade war. The IMF cut its global growth prediction by 0.2 per cent to 3.7 per cent for 2018 and 2019. Read more: US and Canada sign eleventh-hour deal to replace Nafta It [...]
Oil bankers form advisory firm as price surge fuels deals October 8, 2018 A former adviser to BP has launched a new advisory firm as the oil industry becomes “comfortable with itself” again and companies prepare to make “brave decisions”. Martin Lovegrove, a former adviser to BP and Chevron Corporation, has teamed up with Niels Kirk, a former oil and gas banker at Citi to form an advisory [...]
Acacia raises gold production target after strong quarter across Tanzanian mines October 8, 2018 Acacia mining has increased its full-year gold production target after a strong quarter in Tanzania. The gold miner raised its full-year target to just over 500,000 ounces from its original 435,000-475,000 ounces guidance after reporting “strong” production in its three mines in Tanzania. Production at its North Mara mine was up 24 per cent on [...]
US duo awarded Nobel Economics Prize for work combining theories on climate change and technology October 8, 2018 Two US economists have won with this year’s prestigious Nobel Economics Prize for work in integrating climate change and technological innovation. William Nordhaus has been recognised for his work on the damaging financial implications of environmental factors such as climate change, while Paul Romer has examined how economists can achieve a healthy rate of economic [...]
Five charts that explain the case for emerging markets October 8, 2018 | City Talk Investors generally understand the importance of emerging markets in terms of their economic impact but, perhaps due to lack of knowledge, often struggle to know how best to reflect this in their portfolios. Those investors have ignored what are some of the world's best-performing financial markets since the turn of the millennium. What is more, [...]
DEBATE: Would creating a ‘Free Time Index’, as the Green Party suggests, improve wellbeing in the UK? October 8, 2018 Would creating a ‘Free Time Index’, as the Green party suggests, improve wellbeing in the UK? Leni Zneimer, WeWork general manager for UK and Ireland, says YES. There is an increasingly strong business case being made for prioritising employee wellbeing – and change on a national scale is long overdue. Research from ACAS estimates that mental [...]
When it comes to our social care crisis, prevention is the only cure October 8, 2018 Matt Hancock has survived his first party conference as the new health secretary, wearing his NHS pin proudly on his lapel. And top of the list of his departmental priorities is social care. It got a £240m spending boost last week, but that’s not the only approach on the table. One of Hancock’s recent suggestions [...]