After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Crypto Summit & Awards November 10, 2021 The curious and confusing world of cryptocurrency currently sits at a complex crossroads. Regulation and taxation loom large in the rear-view mirror, while governments and banks seem hell-bent on setting up road blocks to slow down the race towards mass public adoption of digital assets. Cryptocurrencies feature high on news agendas – and seldom for [...]
MPs reject change to telecom security law that bars China’s Huawei from 5G network November 9, 2021 New legislative rules aimed at blocking the installation of Huawei technology in the UK’s 5G network have been rejected by MPs. The Telecommunications (Security) Bill should force providers to stop installing equipment by the Chinese phone-maker in the UK’s 5G networks and also sets out a road map to remove high-risk vendors altogether. The House [...]
PA Awards 2021 November 8, 2021 Behind every great business person is an exceptional PA, EA or VA. City A.M. is once again celebrating those Personal, Executive and Virtual Assistants in a unique ceremony at Bob Bob Ricard in the heart of the Square Mile on Tuesday 7th December. This year’s event promises to be bigger and better than ever, with more [...]
China exports surge despite port disruptions at regional lockdowns November 8, 2021 Asia markets have got the week off to a quiet start this week, with the latest China trade data for October giving a mixed insight into the world’s second biggest economy. The last couple of months have proved to be “fairly resilient” ones for China trade, despite disruption at Chinese ports, and the various lockdown restrictions [...]
Private equity and UK tech powering £8.4bn M&A tsunami on LSE’s AIM as deals jump 155 per cent November 8, 2021 The value of M&A deals on London’s Alternative Investment Market (AIM) has jumped 155 per cent to £8.4bn in 2020/21, compared to £3.3bn in 2019/20, according to new research shared with City A.M. this morning. The large rise in the value of AIM M&A deals this year is due in large part to a number [...]
Police seize $62m in assets from alleged Filecoin ponzi scheme November 7, 2021 Police in China have seized assets worth 400m yuan (£46m) and arrested dozens of people in connection with a suspected Filecoin mining scam. Chinese state media confirmed that Fengxian County Bureau had arrested 31 members of IPFS Union Star Alliance for their alleged role in a multi-level-marketing fraud. Police seized millions of pounds worth of [...]
China opposes U.S. block of China Telecom November 3, 2021 China “resolutely opposes” Washington’s revocation of China Telecom licence to operate in the United States, the information ministry said, urging a reversal of the move. “This is an unreasonable suppression of Chinese enterprises by abuse of state power and a serious breach of international economic and trade rules,” the Chinese regulator added. The decision made by [...]
How do retail investors feel about returns from sustainable investing? November 1, 2021 We have all heard the story: sustainable funds are in high demand. By the middle of 2021, their assets had reached an unprecedented $2.3 trillion, mainly driven by continued growth in the European fund market (Source: Reuters). Net sales in the first half of 2021 had already overtaken those in 2020, which in turn were more [...]
Which stock markets look cheap? November 1, 2021 The last time I wrote an update of stock market valuations was back in January. A great deal has happened in the world since then, but from a valuations standpoint, precious little has changed. Nothing is cheap. And the markets which were most expensive in January are still the most expensive. And those which were relatively [...]
COP26: Meaningful action or a load of hot air? November 1, 2021 City of London Corporation policy chair Catherine McGuinness urged on Friday that we must “ensure that COP26 is about action, not just ‘blah blah blah’,” if we are to finance the transition to net zero and meet the challenge Greta Thunberg has thrown down to us. Her call for meaningful action follows the UN’s weather [...]