Santander launches buy now pay later product to take on fintechs January 26, 2022 Santander has announced plans to roll out a new buy now pay later platform across its European markets as the bank looks to boost revenues and fight off fintech competition.
Ripple hits $15bn valuation amid share buyback January 26, 2022 Distributed ledger technology company Ripple has hit a $15bn valuation after it bought back shares from Series C fundraisers.
Crypto markets continue to recover, although low volumes cast shadow January 26, 2022 The crypto markets continue to show signs of recovery this week, with Bitcoin currently changing hands at just below $38k.
EU ‘ghost flights’ can generate up to 2.1m tonnes of CO2 January 26, 2022 European ‘ghost flights’ could produce up to 2.1 million tonnes of CO2 this winter, according to a recent Greenpeace analysis. “Transport emissions are skyrocketing,” Herwig Schuster, a spokesperson for Greenpeace’s European Mobility for All campaign, told the Guardian. “It would be irresponsible of the EU not to take the low-hanging fruit of ending ghost flights [...]
Letters: A four day week with no choice January 26, 2022 [Re: A four day week is no panacea, January 24] The pandemic has forced us to look again at employee wellbeing. Supporters of the four-day working week believe it could be a much needed boost to UK productivity. The idea is to achieve the same results in fewer hours. By working fewer days, it is [...]
JPMorgan readies to convert $9.1bn mutual funds into ETFs January 26, 2022 JP Morgan will begin converting $9.1bn of mutual funds into exchange traded funds (ETF), after the four funds bled a combined $2bn in the year to November.
Goodwin Proctor ups the stakes in battle for legal talent in offering juniors £161,500 a year January 26, 2022 US law firm Goodwin Proctor has raised the stakes in the battle for legal talent, in offering newly qualified lawyers in its London office an unprecedented £161,500 a year. The Boston headquartered law firm’s move will see junior lawyers’ pay boosted by 10 per cent from £147,000 to £161,500, City AM understands. Goodwin’s decision to [...]
UK passenger demand surges following restrictions easing, Wizz Air boss says January 26, 2022 Passenger demand in the UK has surged following the recent easing of travel restrictions, Wizz Air’s chief executive Jozsef Varadi has said. “We are seeing a very strong reaction on the demand side due to the UK Government’s decision to ease restrictions,” Varadi told investors this morning following the release of the airline’s third quarter [...]
SKC invests $80m in British silicon anode start-up Nexeon January 26, 2022 Battery material specialists Nexeon has entered into a strategic manufacturing partnership with South Korean semiconductor producer SKC.
Omicron pushing US Fed into action January 26, 2022 Stagflationary risks are rising as Covid variant extends disruption and central bank steps up to bring inflation under control. US inflation hit its highest level since 1982 at the end of 2021, with the consumer price index (CPI) reaching 7% year-on-year. The figures were widely anticipated, but only add to pressure on the US Federal [...]
