After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
London mayoral election 2016: The best bits of the one-on-one between Conservative Zac Goldsmith and Labour’s Sadiq Khan April 12, 2016 Neither Sadiq Khan nor Zac Goldsmith pulled any punches in City A.M.'s mayoral hustings, where the candidates traded blows on stage across a range of key issues. Here are the best bits. On the campaign trail Zac Goldsmith had this to say: In recent days Sadiq Khan has accused my campaign of being islamophobic …. Sadiq I have [...]
EY has now banked over $500m from the 2009 Nortel bankruptcy as legal fees continue to balloon April 12, 2016 EY, previously known as Ernst and Young, has now raked in over $500m (£354m) in fees from the collapse of Canadian tech giant Nortel over the last seven years, the London based accounting giant has confirmed. The total fees to all legal parties in the long-running case over how to divvy up the $7.3bn remnants of the [...]
London mayoral debate: Goldsmith and Khan clash over Islamophobia accusations at City A.M. hustings April 12, 2016 Zac Goldsmith has questioned Sadiq Khan’s judgement and his suitability to lead London at the opening exchanges of tonight’s City A.M. mayoral debate, as the Conservative candidate went on the offensive over accusations that his campaign was “Islamophobic”. This morning, Labour’s Yvette Cooper wrote in The Times that Goldsmith’s campaign that “started as a subtle dog-whistle is [...]
Next Fifteen Communications Group share price closes up after digital communications company reports boost to profits and revenues for full year ended January 2016 April 12, 2016 Share price in Next Fifteen Communications Group closed up today after the digital marketing company reported a boost to both its profits and revenues in its most recent set of results. The company announced that its profits before tax had grown to £16.1m for its year ended January 2016, up 28.8 per cent compared with £12.5m the year before, [...]
Global glut led by China’s production boom sees sun set on UK steel industry April 12, 2016 Britain used to be synonymous with steel, but in the past year multiple rounds of harsh job cuts and high-profile pullouts from foreign companies have left the sector struggling to survive and its future uncertain. Around 18,000 people are directly employed in Britain's steel sector, of which 15,000 are employed by Tata Steel. But the [...]
UK space sector enters orbit with a 250 per cent increase in registered jobs year on year April 12, 2016 The UK's space industry is fast climbing into orbit with a huge leap in the number of jobs being advertised by recruiters. The sector has seen a 250 per cent jump in registered jobs in the first quarter of 2016, compared to the year before, according to specialist recruiters Huxley Engineering. Huxley reckons the space sector in the [...]
Paypal founder Peter Thiel on why almost all the trends you’re excited about are overrated – and why being involved in the US election would make him blow his brains out April 12, 2016 “If you hear about a trend, it’s already passed. It means it’s a consensus thing,” says Peter Thiel, co-founder of PayPal and venture capitalist. Speaking at LendIt USA, the largest online lending conference in the world, Thiel says he dislikes being asked what trends he’s excited about because he “isn’t a prophet” and “almost all [...]
Michael Page International share price closes up despite UK recruitment falling flat and Easter falling early April 12, 2016 Michael Page International today reported that overall profits had grown in its first quarter results, despite some of its key markets failing to deliver and its potential being knocked by an earlier-than-usual Easter. The recruiter revealed overall profits for the period had risen to £142.4m, up 4.9 per cent from £135.7m the year before. However, [...]
Italy’s €5bn bailout fund for ailing banks has failed to prevent further share sell offs April 12, 2016 Italy’s most sound financial institutions have poured cash into a €5bn (£4bn) bailout fund for the country's vulnerable lenders in an attempt to calm investor fears over the stability of the beleaguered sector. Shares in two of Italy’s most troubled banks bounced today however, with Monte dei Paschi di Siene and Banco Popolare shares climbing by 10 [...]