Matt Hancock: Britain will be left in the dust with our tepid attitude to cryptocurrencies January 27, 2022 We were already living in an age of change like no other. Now the pandemic has accelerated that change and Britain must embrace the opportunities it brings, or we will lose out. Most obvious is the Zoom revolution. There have been more rapid changes to the way we work in the past two years than [...]
Young investors plan to go all in on crypto despite crash fears January 27, 2022 Young investors plan to pour more of their savings into digital assets this year despite worries about a crypto market crash. Approximately 56 per cent of investors between the ages of 18 and 34 have plans to increase their holdings in digital assets in 2022 despite many expressing concern about a crypto market crash, according [...]
Bitcoin recovery wobbles as US hints at aggressive interest rate hikes January 27, 2022 The Bitcoin price is down three per cent this morning, as the recovery we’ve seen this week across global financial markets wobbled.
Battle for legal talent continues as even more law firms join the fray January 27, 2022 Major law firms DLA Piper, Duval & Stachenfeld, and Winston & Strawn have all decided to match Milbank in offering salaries of $215,000 (£160,500) a year. Chicago headquartered litigator Winston & Strawn yesterday said it would boost salaries paid out to its newly qualified associates by $10,000 a year, to match Milbank’s offer to new [...]
Diageo sales leap as Guinness maker warns ‘near-term volatility to remain’ January 27, 2022 Guinness maker Diageo toasted to the reopening of hospitality as it reported a leap in half-year sales. In an update on Thursday, the drinks giant reported net sales of £8.0bn, up 15.8 per cent. Its operating profit hit £2.7bn, a jump of 22.5 per cent. Bosses thanked a resilient demand from drinkers at home as [...]
Woodside Petroleum announces withdrawal from Myanmar due to human rights concerns January 27, 2022 Woodside Petroleum will cease operating in Myanmar, citing deteriorating human rights in the country.
Jupiter fees skyrocket as fund managers pocket £60m January 27, 2022 Two-stockpickers at fund manager Jupiter have pocketed £60m in fees from investment trust Chrysalis Investments after the value of their portfolios soared last year.
Deutsche Bank posts best profits in a decade in sea change for ailing lender January 27, 2022 German banking giant Deutsche Bank smashed expectations to deliver its best profits for a decade, the lender announced today. Rampant global deal making driven by investors and firms rushing to deploy a wave of idle cash to snap up companies boosted Deutsche Bank’s bottom line. Profits climbed more than fourfold over the last year to [...]
Letter: Time to fund our fraud office January 27, 2022 [Re: UK is losing fight against fraud as anti-corruption watchdogs are ‘under-resourced’, Jan 25] This week’s report from Spotlight on Corruption correctly highlights the need for the Serious Fraud Office to be properly funded if we are going to see action in the fight against corruption. The Serious Fraud office was established with the primary [...]
Samsung and Intel weather chip shortages hitting record sales January 27, 2022 Samsung and Intel recorded another quarter of record sales in the final three months of 2021, as both companies weather the supply chain storm. South Korean giant Samsung’s profit climbed 65.13 per cent from the previous year, reflecting the expanded sales of premium smartphones, including foldable phones, as well as TVs and home appliances. Operating [...]
