After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
UK Oil and Gas Investments share price falls after buying Horse Hill stake from Angus Energy April 18, 2016 UK Oil and Gas Investments (Ukog), the company behind the so-called Gatwick gusher, has bought up a stake in the Horse Hill well development, increasing its stake. The firm has acquired Angus Energy's 7.8 per cent stake in the Weald Basin development area in a £1.8m cash and share deal, increasing its holding from just under a [...]
Stock Spirits boss Chris Heath steps down over shareholder and strategy row April 18, 2016 The chief executive of Stock Spirits group has taken "early retirement" and stepped down with immediate effect from the London-listed Polish vodka producer. Chris Heath, who had been at the helm of the European drinks major for seven years, had been facing calls to resign since early April. A large investor in the firm, Western Gate [...]
Dilma Rousseff impeachment moves up to senate after congress votes to remove Brazilian president April 18, 2016 Brazil has taken a step closer to the impeachment of its President Dilma Rousseff, with more than two-thirds of the congress voting for the case to be taken to the senate. The vote, which was overseen by lower house speaker and political rival Eduardo Cunha, ended late on Sunday night with 367 of the 513 deputies [...]
Here’s what Neil Woodford thinks of UK tech innovation April 18, 2016 Star fund manager Neil Woodford has warned that the UK is facing "economic doom" if it doesn't better support the development of early innovations coming out of the nation's top universities. “We are failing as an economy to capture [the opportunity in science] and if we fail to capture that the economy is doomed," he told City A.M.. [...]
The galas, black-tie dinners and concerts marketing experts will be showered with at Advertising Week April 18, 2016 Now, City A.M. is a pro-business rag, fully supports the efforts firms make to promote their services, and would never endorse damaging a company's event by gatecrashing it. However, whether you are that way inclined or not, you'll be spoilt for choice with all the A-list events happening next week as part of Advertising Week Europe. Advertising week will [...]
Virgin Active is letting marathon runners train for free in London gyms this week, but only if you wear a costume April 18, 2016 Don't be too unnerved if your colleagues are changing into chicken suits for their lunchtime workouts. The City normally leads the pack when it comes to running the Virgin London Marathon, but runners being forced to don fancy dress for this year's Virgin London Marathon can take comfort in the fact that the gym chain [...]
Boost for smaller businesses as HSBC launches £10bn lending fund April 18, 2016 SMALL- and medium-sized businesses got a £10bn boost today after HSBC unveiled a new lending fund to support their growth. The £10bn fund is part of a broader package of support offered by the UK bank to make it cheaper and easier for smaller businesses to borrow money. It follows the £8bn fund HSBC launched [...]
City Moves for 18 April 2016 | Who’s switching jobs April 18, 2016 Arbuthnot Banking Group Arbuthnot Banking Group (ABG) has appointed Ian Arthur Henderson as chief executive at Arbuthnot Latham. Ian will also be joining the ABG Board from 6 May. He joins the company from Secure Trust, where he was head of strategic business development and chief executive of personal lending and mortgages. He was previously [...]
Mobile is a hot topic (again) as Advertising Week Europe comes to town April 18, 2016 "This will be the year of mobile” has been a multi-year meme in the ad industry, but there’s some logic to it. Since the first iPhone captured consumers’ imaginations in 2007, each subsequent year has truly been the year of mobile, with app developers inventing new uses for these palm-sized computers, marketers observing how these devices [...]