Darktrace hires EY in bid to win back credibility after short seller questions accounts February 20, 2023 Cybersecurity company Darktrace has hired EY to review its finances in a bid to win back credibility after a short seller questioned its accounts. Darktrace has recruited the Big Four auditor to carry out an independent review after New York investment fund Quintessential Capital Management cast doubt over the “validity” of the tech firm’s financial [...]
Trading places – the rise of the institutional investors in crypto derivatives trading February 20, 2023 Kok Kee Chong, Chief Executive Officer, AsiaNext examines crypto derivatives trading and how the financial world has changed.
Planet Organic calls in advisers as it views sale to fund £30m growth plans February 20, 2023 Last September, the organic grocer said that it was looking to raise £30m over the next two years to help with the roll out of over 100 stores across the UK.
Bitcoin digs in as the battle for $25k begins February 20, 2023 The price of Bitcoin yesterday broke $25,000 for the first time since June last year, settling around $24,500 this morning.
US President Joe Biden makes surprise visit to Ukraine ahead of Russian invasion’s first anniversary February 20, 2023 US president Joe Biden has been spotted in the Ukraine capital Kyiv on a surprise visit this morning. The 46th president was filmed walking the city streets with Ukrainian president Volodymyr Zelenskyy, ahead of the first anniversary of the Russian invasion of Ukraine this Friday. Biden and Zelenskyy visited the Wall of Remembrance of the [...]
Post Brexit overhaul planned by FCA to secure the UK’s status as an international hub for asset management February 20, 2023 The Financial Conduct Authority is looking to overhaul rules governing the asset management industry in a bid to keep the UK attractive to international money managers after Brexit, the regulator announced today.
Nicola Sturgeon: Kate Forbes enters SNP race as Angus Robertson rules himself out February 20, 2023 Scotland’s finance secretary Kate Forbes has announced she will run to succeed Nicola Sturgeon as SNP leader and first minister of Scotland. Announcing her decision on Twitter she said: “I am today launching my bid to become Scotland’s next first minister, with the vision, experience and competence to inspire voters across Scotland.” In a video [...]
Water companies ordered to share plans for fixing sewage spills as Coffey considers tougher fines February 20, 2023 Water companies across England will have to explain why storm outflows are happening and what is being done to fix them.
Elizabeth Line: Almost half of Londoners have used the new route since May 2022 February 20, 2023 Nearly half of Londoners have used the Elizabeth line since it opened in May 2022, a new survey suggests. The results of a YouGov poll shared with the PA news agency indicate 45 per cent of the capital’s residents have made at least one journey on the £19 billion railway. That is up from 24% [...]
Tesco ‘considering sale’ of Tesco Bank, according to reports February 20, 2023 Tesco is considering selling Tesco Bank, according to Sky News which has reported that the supermarket giant has started a review process for its banking arm. The review is at a very early stage, according to insiders, and may not lead to a formal sale process. A partial sale or joint venture may also be [...]
