Hong Kong Racing Tips: Sun Of Makfi looking to go back-to-back July 13, 2021 JOCKEY Chad Schofield bounced back into the limelight with a double at Sha Tin on Sunday following a week of self-isolation with a bout of chickenpox. The former Australian champion apprentice and Group 1-winning jockey took his seasonal winning tally to 26, which is well down on previous years. This was due to the stylish [...]
Hong Kong Racing Tips: Chang lining up exciting sprinter July 13, 2021 TRAINER Michael Chang has had a season to forget. The likeable 59-year-old is currently propping up the trainers’ championship table with a lowly nine winners, but also an exasperating 48 places. There has been, however, a glimmer of light for Chang since the beginning of this month with his stable showing some signs of revival [...]
Hong Kong Racing Tips: A new champion to be crowned at the Valley July 13, 2021 EXPECT plenty of celebrations when Happy Valley hosts the final meeting of the 20/21 season in Hong Kong on Wednesday. With the obligatory firework display and a host of exotic bets estimated to reach around £2m on the nine-race programme, you can guarantee plenty of high-octane excitement. Both trainer Caspar Fownes and jockey Joao Moreira [...]
Exclusive: Financial services deal making climbing back up after subdued 2020 July 13, 2021 Deals in the UK financial services sector more than doubled in the first half of 2021, compared to the first six months of last year. Professional services giant Ernst & Young told City A.M. today that the UK financial services industry saw 121 deals in the first half of this year compared with 57 during [...]
Alibaba to launch £186m venture fund for startups in Southern China July 13, 2021 Chinese e-commerce giant Alibaba announced said today it will launch a HK$2bn (£186m) venture fund to support startups in the Greater Bay Area of southern China. Alibaba Hong Kong Entrepreneurs Fund (AEF) will be an anchor investor for the new fund, which will target startups in the region focusing on sustainability, deep tech, health tech, [...]
Rampant dealmaking pushes Goldman Sachs’ earnings ahead of estimates July 13, 2021 US investment banking giant Goldman Sachs posted a strong set of results on Tuesday which surged ahead of analysts’ forecasts for second-quarter earnings. The rise in profits at the Wall Street giant was driven by the firm capitalising on a record-breaking dealmaking period as companies took on cheap debt and deployed dry powder to snap [...]
‘Wasteminster’: Greenpeace offloads mass of plastic outside Downing Street July 13, 2021 Activists from environmental charity Greenpeace have offloaded 625kg of plastic outside Downing Street today, while one activist donned a caricature mask of prime minister Boris Johnson. The amount of plastic is the same volume of plastic waste the UK exports every 30 seconds, according to the charity. “We hope this pile of plastic helps [...]
JPMorgan profits surge 155 per cent July 13, 2021 Profits at Wall Street giant JPMorgan Chase & Co surged 155 per cent, driven by the release of loan loss reserves and a fruitful deal making period, the firm announced on Tuesday. The American bank released around $3bn in loan loss reserves, which were initially built up in anticipation of a rush of Covid-induced defaults, [...]
Daily Mail: Lord Rothermere’s take-private bid is a bold step forward into the past July 13, 2021 It’s rare that a routine stock market announcement ruffles feathers, but when Daily Mail and General Trust, the parent company behind the Mail newspaper titles, yesterday revealed that Lord Rothermere was weighing up a bid to take the media group private, it succeeded in doing just that. It’s a complicated deal that relies on the [...]
City of London Corporation chief says 19 July will ‘restore vibrancy’ in capital July 13, 2021 The City of London’s local authority welcomed the government’s announcement that “Freedom Day” will go ahead next week, helping the capital to bounce back from the pandemic. Catherine McGuinness, the City of London Corporation’s policy chair, said: “This is a light at the end of the tunnel for the many City businesses desperate to return [...]
