Imagination Technologies cashes in on chip demand amid China tech row August 24, 2021 British semiconductor firm Imagination Technologies has posted a surge in revenue as a raging global chip shortage helped boost demand for its products. The company, which is based in Hertfordshire but owned by a Chinese private equity fund, reported a 55 per cent rise in revenue to $76m (£55m) in the first half of the [...]
ESG: full speed ahead, sat-nav still required August 24, 2021 Sustainable investing based on environmental, social and governance (ESG) factors has become central to how we invest. Investors are demanding more from their asset managers: they want to invest based on their values and they are demanding more accountability from companies about addressing changing societal issues. Indeed, the Index Industry Association (IIA)’s most current latest [...]
City Pages Review: Understanding sex, feminism and porn in the 2020s August 24, 2021 Since the curtains came down on 2019, many of us have spent more time inside our homes than we had ever imagined. The pandemic has thrown up political and social change rarely seen in peacetime, but living through and talking about Covid has consumed incredible amounts of oxygen, often to the exclusion of other worthy [...]
Surging DeFi adoption driven by experienced traders – CityAM : CityAM August 24, 2021 New data from Chainalysis has revealed that DeFi adoption is being driven by experienced traders looking for new high value opportunities. The company’s Global DeFi Adoption Index found that high-income countries were leading the way for grassroots DeFi adoption. The US topped the index with China and the UK also making it into the top [...]
Lebanese Lawyers sue UK-registered company over Beirut blast August 24, 2021 Lebanese Lawyers have filed a lawsuit against a UK-registered company over its alleged role in last year’s Beirut explosion which killed 200 people. The case was filed against Savaro Ltd, a chemical company, at the London High Court. The action was led by the Beirut Bar Association, a survivor of the blast and the families [...]
China pauses over 40 IPOs as hawkish eyes fall on intermediaries August 24, 2021 Shanghai and Shenzhen stock markets have hit pause on more than 40 initial public offerings, as Chinese regulators probe several intermediaries featuring in the deals. The Shenzhen Stock Exchange has suspended more than 30 initial public offerings (IPOs), including public listing plans by electric car manufacturer BYD’s chip-making unit, which was scuppered on Wednesday. [...]
Roger Federer-backed shoemaker files IPO in US August 24, 2021 On, a shoemaking company backed by tennis star Roger Federer, has filed for an initial public offering in New York, according to widespread reports. The Swiss shoemaker was, according to reports, valued at around $2bn after its last funding round. According to Reuters, On could pursue a valuation between $4bn to $6bn in its IPO. [...]
Imagination Technologies cashes in on chip demand amid China tech row : CityAM August 24, 2021 British semiconductor firm Imagination Technologies has posted a surge in revenue as a raging global chip shortage helped boost demand for its products. The company, which is based in Hertfordshire but owned by a Chinese private equity fund, reported a 55 per cent rise in revenue to $76m (£55m) in the first half of the [...]
Warm welcome: Airbnb to take in 20,000 Afghan refugees August 24, 2021 Holiday rental firm Airbnb has announced it will provide temporary housing to 20,000 Afghan refugees across the world. Details on how Airbnb hosts can support the initiative will be available “in the coming days,” the California-based company said. “As tens of thousands of Afghan refugees resettle around the world, where they stay will be the [...]
England and Wales record highest Covid deaths since March August 24, 2021 Data published today shows that England and Wales recorded 571 Covid-related deaths in the week ending August 13, the highest in five months. According to data from the ONS the figure is the highest since the week ending March 26 when coronavirus was mentioned on 719 death certificates. In the week ending August 13, Covid-related [...]
