Nigel Vaz shares his agenda as the new president of the Institute of Practitioners in Advertising May 20, 2019 When Nigel Vaz was offered the role of president of the Institute of Practitioners in Advertising (IPA), it took him almost a week to decide whether or not it was a responsibility that he wanted to take on. The IPA represents and supports the marketing sector. It’s the industry’s professional body, incorporated by Royal Charter, [...]
Loopholes in anti-money laundering law could be exploited by criminals, MPs and Lords say May 20, 2019 A joint parliamentary Committee today raised concerns that criminals could exploit loopholes in a new bill aimed at clamping down on laundering money through UK property. The joint Committee on the draft Registration of Overseas Entities Bill welcomed the legislation, but said in its current state it could be circumvented by criminals. Read more: EU [...]
Game of Thrones fans rage at Chinese tech firm Tencent after episode delayed May 20, 2019 Chinese Game of Thrones fans expressed their outrage with tech firm Tencent this morning after it postponed the airing of the final episode of the fantasy series. Tencent Video which owns the broadcast rights to the HBO show in China was scheduled to air the episode at 9am Beijing time (1am GMT). However, an hour [...]
Handshake, bow, or kiss? A global guide to business etiquette May 20, 2019 When it comes to international business etiquette, there is one overarching rule: when in a foreign country, do as they do. Having a good working knowledge of social and regional business protocols will help avoid misunderstandings that can jeopardise business. Here are some tips to help you out. Namesake Use the correct titles when making [...]
How a relationship break-up spurred this founder to build ‘Ebay for travel’ to help flog unwanted holidays May 20, 2019 When you think of unwanted items, holidays don’t tend to spring to mind. But according to Simon Powell, founder of TransferTravel, billions of dollars are wasted globally on unwanted travel every year, while an estimated 220,000 hotel rooms are paid for and never used every day in the US alone, wasting $8.6bn annually. And with [...]
Greenpeace activists blockade BP’s London offices in climate change protest May 20, 2019 Environmental protesters have blockaded BP’s central London headquarters this morning as they claim “this is a climate emergency”. Read more: Extinction Rebellion founder wants to upend the UK's financial sector Greenpeace activists have set up five steel containers outside all entrances to BP’s offices in St James's Square, W1. On Twitter, the group said: “Volunteers have [...]
Ryanair shares drop as profits suffer 30 per cent hit on falling ticket prices May 20, 2019 Irish budget airline Ryanair said today its full year profit fell 29 per cent year on year to €1.02bn (£890m), blaming a fall in fares and issuing a "cautious" warning on profit for the year to come. Shares fell nearly six per cent to hit €10.16 in early trading. The figures The airline said traffic grew [...]
Low & Bonar shares plummet as it fires chief executive and warns on results May 20, 2019 Textiles firm Low & Bonar's shares dropped around 25 per cent today as it fired its chief executive and warned full-year results would fall short of expectations. Philip de Klerk, who took up the role just over a year ago, will leave on 1 July, the firm said. Read more: British Gas owner Centrica's shareholders say [...]
Deutsche Bank staff flagged Trump and Kushner activity as suspicious May 20, 2019 Multiple transactions by legal entities controlled by US President Donald Trump and Jared Kushner, his son-in-law, at Deutsche Bank in 2016 and 2017 set off illicit activity alerts on the bank’s system, according to the New York Times. Read more: Trump pardons fraudster media mogul Conrad Black Anti money-laundering specialists at Deutsche Bank recommended the [...]
Exiles on St Mary Axe: Turkish law firm fleeing Erdogan regime establishes itself in London May 20, 2019 After the failed July 2016 coup against Turkey’s President Recep Tayyip Erdogan, one of the country’s largest law firms was closed by police amid a wider crackdown that saw journalists jailed, judges detained and generals purged. The firm had formerly been the Turkish arm of international legal giant DLA Piper, and its founding partners were [...]