Letters: Avoiding the walk of shame October 27, 2022 [Re: FCA poised to clampdown on greenwashing with ‘ESG’ curbs, yesterday] The FCA has spoken. UK firms must walk the walk, and not just talk the talk on ESG. Firms now require a variety of different data points, multiple ESG data sources for those data points where available, and their own analytical capability to digest [...]
Inmarsat president: Governments must solve space junk to reach net zero October 27, 2022 British satellite giant Inmarsat has a message to governments worldwide: “Make sure space is still available to all” or risk losing out on significant CO2 reduction benefits. With the likes of Elon Musk ramping up activity in space, it has been warned that an average of one tonne of ‘stuff’ could be launched into orbit [...]
Saved by the bell: Drax showdown cut short as MPs summoned to votes October 26, 2022 There were "a lot of errors" in the BBC Panorama's expose of Drax's logging practices, argued the firm's leading energy expert.
Growth for Durex owner Reckitt as punters find new way to warm the home October 26, 2022 CONSUMER giant Reckitt enjoyed another bumper quarter heading into the winter – with strong momentum in one particular category suggesting consumers across the world might have found alternative ways to keep warm amid the energy crisis. The firm said it had seen “strong growth” in its intimate wellness portfolio, which includes Durex and KY, alongside [...]
So-so energy: Supplier’s push for funds is a worrying sign for the market October 26, 2022 So Energy's scramble for funds this winter reflects the stark reality that the industry crisis is far from over, as another winter looms.
Spotify calls out ‘kafkaesque’ App Store regulations in its audiobook push October 26, 2022 The boss of Spotify has criticised Apple for stifling its big break into audiobooks, calling its rules around customer access “kafkaesque”. The music streaming firm first announced that it would be pushing into audiobooks back in September, offering a potential rival to Amazon’s Kindle services in the US market. However, Spotify CEO Daniel Ek told [...]
FTSE 100 weighed down by banks and pound strengthens on Sunak’s second day in No 10 October 26, 2022 London’s FTSE 100 was dragged down today by investors ditching shares in the UK’s largest banks despite a strong set of results, but managed to squeeze gains thanks to a late rally. The capital’s premier index jumped 0.61 per cent to over the 7,000 mark points, while the domestically-focused mid-cap FTSE 250 index, which is [...]
Deutsche Bank posts ninth successive quarterly profit as turnaround efforts yield gains October 26, 2022 ONE OF Europe’s biggest lender’s Deutsche Bank has notched its ninth successive quarterly profit, marking a big turnaround after years of being mired in scandal and losses. The German giant said today profits hit €1.12bn (£975m) in the three months to September, up from €194m (£167m) in the same period last year. Deutsche Bank’s profits [...]
Car industry calls on UK to deliver regulation on self-driving cars by 2025 October 26, 2022 Automotive industry leaders have called for the UK Government to deliver its regulatory framework on self-driving cars by 2025. David Wong, senior technology and innovation manager at the Society of Motor Manufacturers and Traders (SMMT), said today it would be extremely disappointing not having primary legislation this parliamentary session. “It’s very important that the government [...]
What’s driving the audiences behind Singapore’s crypto investment surge? October 26, 2022 Faraaz Marghoob, Group Strategy Director, BBH looks at what's driving the audiences behind Singapore’s crypto investment surge.
