Tulipshare accuses Johnson & Johnson of silencing investors over carcinogenic baby powder February 17, 2022 Activist investment platform Tulipshare has accused healtchare giant Johnson & Johnson (J&J) of stifling debate and “silencing investors” after the firm pushed pushed back on calls to withdraw a potentially dangerous baby powder from the market.
BlackRock doubles down on oil and gas investments to settle pension fund concerns February 17, 2022 The world’s biggest asset manager BlackRock has backed oil and gas firms and said it wants see the industries succeed as it looks to fend off the risk of being dropped by Texas pension funds.
Government prepares to scrap fast-track investor visa amid Russia-Ukraine tensions February 17, 2022 The Government is set to scrap a visa scheme offering investors fast-track residency in the UK as ministers come under mounting pressure to sever economic ties with Russia.
Amazon and Visa agree global payments deal to settle long-running dispute February 17, 2022 Amazon and Visa confirmed today they had settled a long-running dispute over payment fees as they inked a global deal allowing shoppers to use Visa cards on all Amazon sites.
Dettol-maker Reckitt Benckiser reports revenue boost February 17, 2022 Dettol-maker Reckitt Benckiser beat analysts’ expectations today as it reported revenues grew to £13.2bn in 2021.
IT group AVEVA reports slowdown in revenue as pandemic boom tapers off February 17, 2022 International software group AVEVA announced a slowdown in revenue growth today as the booming demand for software and IT services seen through the pandemic tapers off.
Standard Chartered unveils share buy-back and ramps up bonuses as profits rebound February 17, 2022 International banking group Standard Chartered reported a rebound in profits to $3.9bn today and announced a $750m share buy-back as it begins to recover from a pandemic slump.
Exclusive: Sustainable deodorant firm passes the smell test with £5m funding round February 17, 2022 A personal care start-up that created the UK’s first plastic-free refillable deodorant in 2019 has closed a £5m round led by the founders of Innocent Drinks and LoveFilm.
Arm-owner calls on banks to underwrite $8bn loan ahead of listing February 16, 2022 The owner of British chipmaker Arm is asking banks vying to be part of the firm’s flotation to underwrite a loan of about $8bn, according to Bloomberg reports.
Former Google boss launches $125m philanthropic fund to tackle AI issues February 16, 2022 Former Google boss Erich Schmidt has launched a $125m philanthropic fund to tackle so-called 'hard problems' in artificial intelligence including bias, harm and misuse and conflict.
