After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
IMF slashes world growth forecasts and sounds alarm over fragile recovery – as well as warning on Brexit April 12, 2016 The world is facing an onslaught of risks which could upset the economic recovery, the International Monetary Fund (IMF) has warned, as it cut its forecasts for growth in the global economy – and raised alarm bells about the impact of Brexit for the UK. The IMF’s half-yearly world economic outlook, published today, said everything [...]
London mayoral election 2016: Zac Goldsmith promises to create half a million new jobs in the next four years April 12, 2016 Conservative London mayoral candidate Zac Goldsmith has attempted to woo Londoners today by promises to create half a million new jobs in the capital over the next four years. Speaking at a manifesto launch this morning, Goldsmith said that he would invest in infrastructure and keep the economy strong, thereby creating jobs. Read more: Khan and Goldsmith trade [...]
A tale of two parties – money-making managers may be double booked next week, as two awards dinners for London’s hedge fund set take place on Tuesday night April 12, 2016 Next Tuesday is going to be a heavy one for London's hedge fund set. Thomson Reuters and Allocator will be fighting over the capital's money makers on the same night: The Capitalist notes both firms are holding black tie balls for hedge fund managers on the same night on opposite sides of Zone One. This isn't the first [...]
Fitch has downgraded Saudi Arabia’s credit rating due to expectations the oil price will stay low April 12, 2016 Saudi Arabia’s credit rating has been lowed be ratings agency Fitch due to the slump in the oil price expected to go on for longer than was previously thought. The kingdom’s rating was knocked down a notch to AA-, from AA previously. In a note Fitch warned that the low price of oil, expected by the agency to continue [...]
Boeing takes steps to tap into Iranian market after Airbus made moves earlier this year April 12, 2016 Boeing has started talks with Iran to sell airliners into the largely untapped marketplace. Preliminary talks began this week in Tehran between Boeing and Iranian airlines, including Iran Air, around the possibility to sell Boeing's planes and services. The talks around what would be one of the most high profile deals between as US companies and Iran since [...]
One in 10 say they’re addicted to “freemium” game apps such as Candy Crush and Game of War according to research from Go Compare Money April 12, 2016 Chances are, at some point, you've been that person avidly playing Candy Crush on the tube. Or, if you haven't, you've probably sat mesmerised watching someone else play it over their shoulder. The addictive nature of "freemium" games like Candy Crush, which are free to initially download but encourage in-app purchases, is well-known to commuters, but [...]
Shell could sell some North Sea assets April 12, 2016 Royal Dutch Shell could sell some of its older, lower grade North Sea assets as part of a two-year programme to help pay for its £35bn purchase of BG. It confirms previous reports that the oil major would use its assets there to help hit a $30bn sales target between 2016 and 2018, a goal which will go towards financing the [...]
Canary Wharf offices evacuated over suspicious vehicle near South Quay DLR station April 12, 2016 Office workers close to Canary Wharf have returned to work after being evacuated due to a "suspicious vehicle" in the area. Several buildings near South Quay station to the south of the main towers of Canary Wharf were evacuated and the area cordoned off following reports to the police. They were called to the scene just before 10am [...]
Gala Leisure and Gala Interactive brands become latest to join independent gambling regulator Senet Group April 12, 2016 The Gala Bingo brand has become the first bingo business to join the independent gambling industry watchdog, the Senet Group. Gala Leisure, the UK's largest operator of bingo clubs, and Gala Interactive, the company's online bingo operator, are the latest companies to join the regulator, following in the footsteps of other industry majors including Paddy Power Betfair and [...]