Ongoing rise in cryptocurrency scams increases calls for regulation April 28, 2023 Research from a financial claims management company has revealed that cryptocurrency scams are on the rise.
Chevron tops estimates with profit gains despite slide in oil prices April 28, 2023 Oil major Chevron Corp beat market expectations on Friday as profit nudged higher in the first quarter this year.
Exxon delivers record first-quarter profit on higher output April 28, 2023 Exxon Mobil reported a record first-quarter profit that was more than double a year ago and topped Wall Street estimates.
Co-op Bank buoyed by interest rate rises as takeover speculation continues April 28, 2023 The Co-operative Bank has reported a jump in income as the latest lender to be boosted by higher interest rates which have pushed up the cost of borrowing. The company said its net interest income – the difference between what a bank charges for loans and pays for savings – surged by a fifth to [...]
Are we genuinely staying ahead of the curve in FinTech by blatantly ignoring Bitcoin? April 28, 2023 Susie Violet Ward is dismayed at the amount of time, effort and money being put into CBDCs, and believes Bitcoin already holds the answers.
Eni’s net profit beats expectations powered by strong gas business April 28, 2023 Italian energy group Eni has revealed its first-quarter net profit fell 11 per cent year on year due to lower oil and gas prices.
Chanel dismisses IPO rumours as it eyes ‘pent up demand’ from consumers in China April 28, 2023 Chanel, one of the world’s biggest luxury brands, will remain private, after the French company’s boss dismissed IPO rumours. “We’re going to stay a private, independent company,” Leena Nair, chief executive of Chanel, told the Financial Times. “Rumours always float around, but you can put those to rest.” Nair, who joined the company in January [...]
UK on course to miss decarbonisation goals, MPs warn April 28, 2023 The UK will fail to reach its decarbonisation goals via the grid by 2035 - unless it significantly speeds up deployment of technology.
Flutter inches closer to primary US listing as more firms fall out of love with London April 28, 2023 London-listed gambling company Flutter yesterday won shareholder approval to launch a secondary listing in the US, paving the way for it to switch its primary listing in the future. 99 per cent of shareholders approved the secondary listing at Flutter’s annual general meeting on Thursday. The listing is expected to take place later this year, [...]
Huw Pill’s “let them eat cake” moment could get its just desserts with a slice of Bitcoin April 28, 2023 Jason Deane rounds up the week with a doff of the cap to Marie-Antoinette for a comparison with the Bank of England's Huw Pill.
