Artificial sweetener aspartame used in drinks like Diet Coke is ‘possible’ cause of cancer – WHO July 14, 2023 An artificial sweetener used in thousands of products including diet fizzy drinks, ice cream and chewing gum has been ruled a “possible” cause of cancer by the World Health Organisation (WHO). But a panel of experts has said the sugar substitute aspartame is safe in limited quantities. In a report released late on Thursday, the [...]
Wall Street winning streak continues as US inflation continues to fall way past UK July 14, 2023 Wall Street’s winning streak barrelled into a fourth day following the latest signal that inflation is easing its chokehold on the economy. The S&P 500 rose 0.8 per cent on Thursday for its highest close since April 2022. The Dow Jones Industrial Average rose 0.1 per cent , and the Nasdaq composite rallied 1.6 per [...]
Sexism in the City: MPs to investigate barriers for women and ‘alpha male’ culture in finance July 14, 2023 MPs are set to investigate barriers faced by women in finance, in a new probe into sexism in the City of London. The treasury committee is calling for evidence for its inquiry into progress on ending gender pay gaps and how firms, government and regulators can tackle misogyny and harassment. Harriett Baldwin, treasury committee chairwoman, [...]
London IPO market slumps below Istanbul and Milan July 14, 2023 The London Stock Exchange has slumped below Istanbul and Milan in terms of IPO activity this year as the Square Mile is hit by a drought in its listings market, new research has revealed.
Lana del Rey, Billy Joel and Taylor Swift fever are bringing back London’s nightlife July 14, 2023 London is roaring back – and our unparalleled variety of culture, nightlife and live music is leading the way. Our fantastic nightclubs, arenas, and stadiums attract the globe’s biggest names, and our cherished grassroots venues are the platform for the next generation of talent. But even by London’s high standards, last week was extraordinary with more [...]
Small ‘c’ conservatism won’t work for the City anymore July 14, 2023 At Mansion House earlier this week, Jeremy Hunt signalled the era of small ‘c’ conservatism is over and the government will get out of the back seat in the City, is over, writes Dom Hallas. If the government really wants a second Big Bang, this was a pretty good start. The commitment of pension funds [...]
Our laziness lets fake news thrive and even become profitable July 14, 2023 Fake news is everywhere - and people are drawn to it for a variety of psychological reasons. But sometimes it's the flow of advertisement money on social media having an impact, writes Emma Lacey
Ripple sale on public exchanges did not involve securities, judge rules July 13, 2023 Ripple has dramatically won a partial victory against the SEC in its lengthy battle with the government agency.
US regulator investigates ChatGPT maker over potential harm to consumers July 13, 2023 The US Federal Trade Commission has opened an investigation into OpenAI, the maker of ChatGPT, on claims it has run afoul of consumer protection laws by putting personal reputations and data at risk, according to an FTC demand for information sent to the company. The move marks the strongest regulatory threat to the Microsoft-backed startup [...]
UK announces in-depth probe of Adobe’s $20bn Figma deal July 13, 2023 Britain’s antitrust regulator on Thursday announced an in-depth probe of Adobe’s $20 billion bid for cloud-based designer platform Figma, after the Photoshop owner said it would not offer any remedies to ease the regulator’s concerns. The Competition and Markets Authority (CMA) said late last month it had found the deal could lead to less choice [...]
