After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Buy the company or the product? Consumers understand their favourite brands, so they should buy shares in the firm August 31, 2018 We've all been guilty of being swayed by the hype that surrounds fashionable items. The iPhone X is a perfect example of that. Unphased by the £1,000 price tag, fans pledged their money before the new phone even hit the shelves, while thousands camped outside Apple stores on the day of its release. But let’s [...]
Coca-Cola scoops up Costa August 31, 2018 | City Talk For some time Whitbread CEO Allison Brittain has swatted aside speculation that the company should divest itself of its Costa coffee business saying that it didn’t make sense to do so in the middle of a restructuring program. In April she bowed to investor pressure but said that the process could take up to two [...]
Coco Cola scoops up Costa August 31, 2018 | City Talk For some time Whitbread CEO Allison Brittain has swatted aside speculation that the company should divest itself of its Costa Coffee business saying that it didn’t make sense to do so in the middle of a restructuring program. In April she bowed to investor pressure but said that the process could take up to two [...]
It’s not rocket science – if we want more maths teachers, we should pay them more August 31, 2018 Britain faces a teaching crisis: half of new maths and physics teachers quit within five years. Just 47 per cent of those teaching these subjects at GCSE level have a relevant degree, and in the most deprived schools, it’s as low as one in five. Thursday’s report from the Education Policy Institute (EPI) paints a [...]
Turkey makes fresh attempt to boost struggling lira August 31, 2018 Turkey has cut tax levels on lira bank deposits today in an attempt to boost the weakened currency. Withholding tax on lira savings of more than a year will be cut from 10 per cent to zero, while tax on deposits of less than a year will be cut to three per cent from 12 per cent. [...]
China is winning the race on cryptocurrency tech patents, despite having banned ICOs August 31, 2018 Chinese firms own more cryptocurrency patents than any other country in the world, despite initial coin offerings (ICOs) and cryptocurrency exchanges being banned there. China owns more than a quarter of the 437 granted and pending cryptocurrency patents currently in existence, according to data released today by Cipher and venture capital firm Beringea. Significantly, the state-owned Bank [...]
Editor’s Notes: Time for some forward guidance on the next Bank of England governor, Labour loses a man of principle and Warren Buffett’s lunch date August 31, 2018 Mark Carney’s first speech as governor of the Bank of England was on 28 August 2013, at a lunch co-hosted by the CBI and the Institute of Directors. I was working for the latter at the time, and was leaning against the back wall with a glass of warm white wine in my hand as [...]
Business confidence falls amid warnings Brexit uncertainty is holding back investment August 30, 2018 Business confidence fell significantly in August as firms batten down the hatches for a bumpy year, according to a closely followed survey of British companies. The balance of firms expecting stronger trading prospects in the coming year fell by five points to 29 per cent, according to the Lloyds Bank survey of more than 1,000 [...]
British consumer borrowing growth slowest since 2015 as personal debt stutters August 30, 2018 British consumers added to their borrowing at the slowest pace since the end of 2015 in July, adding to signs the rapid increase in the UK's personal debt pile is losing momentum. The annual growth rate of consumer credit, including credit cards and other forms of non-mortgage debt, slowed to 8.5 per cent, a level of [...]
Argentina hikes interest rates after peso plunge August 30, 2018 Argentina has hiked interest rates to 60 per cent today after the value of the peso plunged to a record low. The 15 per cent increase follows an urgent call from the government for the early release of at $50bn (£38.5bn) credit line from the International Monetary fund after the currency toppled on Wednesday amid a worsening [...]