Extinction Rebellion London protests: Arrests reach 380 as activists glue themselves to lorry outside Home Office October 8, 2019 Members of Extinction Rebellion have glued themselves to the underside of a lorry which is blocking road outside the Home Office. Police officers have been seen removing protesters from the top of the lorry, which is parked on Marsham Street. Read more: London City Airport braces for Extinction Rebellion shutdown Two protesters have also glued [...]
No-deal Brexit would have ‘significant impact’ on UK and EU economies, warns Allianz GI chief October 8, 2019 The UK leaving the European Union without a deal would have a “significant impact” on the economies of both, said head of Allianz Global Investors (AGI) Andreas Utermann. Utermann said a hard Brexit is possible “because the players involved in the discussion seem to be – at least in terms of how they are talking [...]
Norway’s sovereign wealth fund says it must prepare for ‘large fluctuations’ in its value October 8, 2019 Norway’s $1.1 trillion (£8.99bn) sovereign wealth fund must be prepared for “large fluctuations” in the value of its portfolio, its managers said. The world’s largest sovereign wealth fund will also consider investing in companies before they go public, said Norges Bank Investment Management (NBIM) in a report outlining the fund’s strategy for the next three [...]
Trump says he wants Ukraine and China to investigate the Bidens October 3, 2019 US president Donald Trump has said he wants Ukraine and China to investigate former vice president Joe Biden and his son. Speaking on a lawn outside the White House, Trump said he would “recommend” that Ukraine opens an investigation into the Bidens, and later added he thought China should do the same too. Read more: [...]
Uber takes to the skies with $200 JFK helicopter taxis October 3, 2019 Uber customers in New York will soon be able to book helicopter flights to John F. Kennedy (JFK) airport using its app. The Uber Copter – currently available only to Uber premium members – will be offered to all Uber customers from 7 October. Read more: Uber Works app pairs gig economy workers with employers [...]
Uber Works app pairs gig economy workers with employers October 3, 2019 Ride hailing giant Uber has launched an app, Uber Works, to connect temporary workers looking for shifts with businesses trying to fill gaps in their rotas. The app will show workers what shifts are available in certain areas and how much they will be paid for each one, and aims to help businesses that struggle [...]
PAI Partners cooking up bid for Mary Berry food group October 3, 2019 Private equity firm PAI Partners is reportedly preparing a bid for a food group behind a brace of UK brands including Linda McCartney, Hartley’s jam, and Mary Berry desserts. The Paris-based firm is in discussions about a possible acquisition of Hain Daniels Group, the UK arm of US-based firm Hain Celestial, Sky News reported. Hain [...]
UK fund outflows accelerate as cautious investors snub equities October 3, 2019 Savers took almost £1.7bn out of UK funds during August as continued political uncertainty dampened their appetite for risk. The new figures, published today by the Investment Association (IA) are the highest net outflows the sector has experienced since November last year. Read more: Notion Capital opens £125m fourth fund Equity funds took the biggest [...]
Facebook can be forced to remove illegal posts worldwide after EU court ruling October 3, 2019 The European Union’s highest court has ruled that courts within the EU can order Facebook to remove worldwide posts by users on the social network that have been declared illegal, in a major blow to the social media giant. The European Court of Justice’s decision came after a former Austrian politician, Eva Glawisching-Piesczek, sought the [...]
Spreadbetter CMC Markets forecasts jump in annual earnings October 3, 2019 Spread betting platform CMC Markets forecast a jump in annual earnings in a trading update issued this morning, reporting strong net trading revenue in the first half as it began to recover from the implementation of stricter regulations that hit its business last year. CMC said it expects net trading revenue from its contracts for [...]
