Nickel traders plunged into chaos again as LME postpones trading March 17, 2022 Nickel traders were plunged into more chaos this morning as the London Metal Exchange was forced to suspend trading again after further systems failures.
FCA mulls fund ‘side pockets’ to limit damage of Russian assets March 17, 2022 The city watchdog is mulling whether to authorise so-called ‘side pockets’ in retail funds to allow fund managers to separate hard-to-sell Russian and Belarussian assets from their core investments.
Exclusive: London investment vehicle rolls out to back climate tech startups March 17, 2022 A new £20m investment vehicle has rolled out in London today to target early-stage tech firms tackling climate change, as UK investment into the space continues to swell.
HSBC sets out more ambitious climate targets after pressure from investors March 16, 2022 HSBC has scaled up its climate commitments today after coming under fire from a group of investors convened by activist shareholder group ShareAction.
‘Link-in-bio’ tech firm bags $110m injection to accelerate UK expansion March 16, 2022 A specialist “link in bio” tech firm that allows users to customise social media links has announced a $110m funding injection today, as it looks to accelerate its growth in the UK.
Contactless payment value soars after limit is loosened March 16, 2022 The average contactless payment has surged almost 30 per cent in value in the past six months after the limit on payments was hiked from £45 to £100 in October.
Retail investors spooked as equity sell-off continues March 16, 2022 Retail investors have shunned US stocks in the past week as a bargain-hunting frenzy began to falter amid a continuing slide in equity markets.
Investors launch racial equality campaign against Salesforce after ‘gaslighting’ accusations March 16, 2022 Retail investors are readying a campaign against software giant Salesforce today to push it into action on racial equality, after the firm faced two recent resignations over ‘rampant microaggressions and gaslighting’.
LME halts nickel trading again as system error disrupts reopening March 16, 2022 The London Metal Exchange suspended nickel trading again this morning due to a “system error”, less than two hours after reopening following a surge in prices last week that left short sellers facing record losses.
Fintechs call for open banking body to be ‘weaponised’ and simplified as CMA mulls its future March 16, 2022 Fintech firms have called for open banking’s governing body to be “weaponised” and simplified, as the Competition and Markets Authority (CMA) prepares to deliver a verdict on its future next week.
