European Parliament set to move closer to approving UK-EU Brexit trade deal April 15, 2021 MEPs are set to move closer to approving the UK-EU post-Brexit trade deal this week, before a final vote takes place later this month. The deal has been formally passed in the UK parliament, however it was only provisionally approved on the EU side by the bloc’s 27 ambassadors to ensure it came into effect [...]
S&P 500 and Dow hit record highs on upbeat earnings April 15, 2021 The S&P 500 and Dow Jones indexes hit record highs on today, as upbeat earnings reports from companies including Bank of America and Blackrock as well as a strong rebound in March retail sales bolstered hopes of a broader economic rebound. The Dow Jones Industrial Average rose 57.64 points, or 0.17%, at the open to 33,788.53. The S&P 500 [...]
Blackrock quarterly profit climbs on stimulus and vaccine optimism April 15, 2021 Blackrock has reported a 16 per cent jump in profit in the first quarter driven by record net inflows. The asset manager saw net income rise to $1.2bn in the three months to 31 March, equivalent to $7.77 per share, up from $6.60 a year earlier. It also reported revenue of $4.4bn, beating analysts’ [...]
Croatian wine is shedding its rep as cheap plonk – here’s why April 15, 2021 Croatia has an ideal climate for wine making, but lacks the reputation as a solid producer of premium bottles. For years its exports would feature in the bottom echelons of wine lists, labeled – mostly fairly – as cheap and cheerful plonk. But not any more. The UK’s first Croatian wine importer is run by [...]
Calls for new hospitality tipping policy amid fears of ‘massive’ financial hit April 15, 2021 Campaigners are calling for a new fair tipping policy in British pubs and restaurants amid fears the industry could take a “massive” financial hit as restrictions are lifted. Concerns have been raised that a forecasted decline in gratuities after Covid could have a severe impact on workers, many of whom are already on the minimum [...]
Institutional clients are here but is the crypto market ready to welcome them? April 15, 2021 Developing the right products to serve institutional clients is the key for the crypto industry to reach mainstream adoption, says Konstantin Anissimov, Executive Director at CEX.IO.
Shaken, stirred or dirty: the lore and lure of the martini April 15, 2021 The martini was not the first cocktail—we don’t know what was, but likely some unappetising collision of spirit, sugar, water and bitters, more than two hundred years ago—but it has become iconic, almost metonymic. When we think of a cocktail glass, it is the v-shaped modernist twist on the coupe which we imagine. And we [...]
Coinbase (est 2012) $87bn market cap is ironically more than Barclays (est 1896) April 15, 2021 It was a seminal day for cryptocurrency yesterday, with Coinbase becoming the largest business of its kind to list on the Nasdaq.
Exclusive: Bank of Ireland UK launches four working hubs in pivot to flexible working April 15, 2021 The Bank of Ireland is the latest company to pivot to a flexible working model with plans to launch four working hubs across the UK. Some 91 per cent of employees surveyed by the bank have indicated they would like to work flexibly in a sign of just how much working patterns have changed amid [...]
DEBATE: Are the IMF’s proposals for a one-off wealth tax a good idea? April 15, 2021 Danielle Boxall, media campaign manager at the TaxPayers’ Alliance, says No After the deepest recession in 300 years, the last thing ministers should be considering is new taxes. Covid has already placed a huge burden on families and businesses alike, the IMF’s suggestion of new taxes on individuals and companies could choke off the recovery [...]
