City Moves for 7 May – Who’s switching jobs at TLT, Queensgate Investments and Redington? May 6, 2019 Today's City Moves includes TLT, Queensgate Investments and Redington. TLT TLT has announced is continuing to grow its clean energy team with the hire of Tom Cowling as a partner in the commercial services group. Tom joins from Ecotricity where he has been general counsel for over eight years advising on major milestones for the [...]
Cross-party Brexit talks to continue despite anger over Theresa May’s customs union plan May 6, 2019 Cross-party Brexit talks are set to enter a crucial phase tomorrow despite growing mistrust and a potential revolt from Conservative MPs. The Prime Minister will resume discussions with Labour today but is set to face anger on all sides over her last-ditch plan to win over Jeremy Corbyn with a temporary customs union. Read more: [...]
Euronext gives Oslo Bors shareholders more time to back its offer in battle with Nasdaq May 6, 2019 Euronext has given Oslo Bors shareholders more time to accept its offer as its battle with Nasdaq over the Norwegian stock exchange operator rumbles on. The Pan-European exchange operator has extended its acceptance period to 31 May, the same date as Nasdaq, as the pair fight for support from Oslo Bors shareholders. Read more: Nasdaq [...]
Maurice Turnor Gardner’s senior partner on a decade in the City, John McDonnell and being Allen & Overy’s first female partner May 6, 2019 Lawyer to the super rich Clare Maurice has a disarmingly simple view of the world. “Life doesn’t change really, people are born, get married, make money and die,” she says. The senior partner of private wealth boutique Maurice Turnor Gardner is reflecting on the ten years since she led a breakaway from Allen & Overy [...]
Air Canada shakes off Boeing 737 Max issues with profit above expectations May 6, 2019 Air Canada has posted a surprise profit in the first quarter of 2019, with more passengers and a new loyalty program overcoming rising costs and the impact of the global grounding of Boeing’s 737 Max aircraft. Shares in the airline, Canada’s largest carrier, jumped more than four per cent after the company announced a 9.4 [...]
Brunei stoning laws dropped in wake of boycott May 6, 2019 The Sultan of Brunei backed down over plans to impose draconian new laws against LGBT people on the weekend following a global public backlash. Read more: Dorchester boycott: Angel investors retreat from Park Lane dinner Sultan Hassanal Bolkiah said the kingdom will not impose death by stoning laws for people convicted for having same-sex relations, saying [...]
Former Orange bosses go on trial over spate of staff suicides in the 2000s May 6, 2019 Former executives at French telecoms giant Orange went on trial today over a series of staff suicides a decade ago. Former chief executive Didier Lombard, six other former executives and Orange itself have been accused of moral harassment in the first trial of its kind on a company-wide scale. Read more: More than a quarter [...]
Boeing says it knew about aircraft issue with 737 Max jets a year before deadly crashes May 6, 2019 Boeing has admitted its engineers discovered an issue with the 737 Max aircraft in 2017 – a year before the aircraft was involved in two deadly crashes – but took no action. In a detailed statement, the world’s largest aerospace company said an angle of attack (AOA) disagree alert, an alarm that tells pilots when two [...]
Royal Bank of Scotland undone by Brexit May 6, 2019 | City Talk By Graeme Evans from interactive investor. These were a 'noisy' set of Q1 results from RBS, but probably look 'worse than the reality'. Back in the dividend-paying ranks and with shares up by as much as 25 per cent in 2019, The Royal Bank of Scotland (LSE:RBS) provided investors with a reality check as the state-backed lender [...]
Sandbanks tops Britain’s list of most expensive seaside towns May 6, 2019 Sandbanks, the Dorset destination known for its waterfront mansions and views over Poole harbour, has topped a new list of Britain’s most expensive seaside towns. A home in the coastal location now stands at more than £750,000, rising 26 per cent in the past 12 months and remaining comfortably above the second most expensive seaside [...]