Police raid offices of Dutch bank ABN Amro in connection with cum-ex scandal February 27, 2020 German authorities today confirmed a raid on the Frankfurt office of Dutch bank ABN Amro in relation to the the cum-ex dividend stripping scandal that has rocked the European financial sector. “We can confirm that we are carrying out measures at ABN Amro in Frankfurt within the cum-ex context,” a spokesperson for the Cologne state [...]
Trump issues fresh warning over ‘untrustworthy’ Huawei February 17, 2020 US President Donald Trump has launched a fresh attack on Huawei, warning his country could cut intelligence sharing with any ally that cooperates with the Chinese tech firm. Trump told the US ambassador to Germany Richard Grenell that “any nation who chooses to use an untrustworthy 5G vendor will jeopardise our ability to share intelligence [...]
FTC demands merger data from tech giants February 11, 2020 The Federal Trade Commission (FTC) has issued special orders to Google, Amazon, Apple, Facebook and Microsoft to provide information on mergers that were too small to report to antitrust regulators, the FTC said today. The queries occur as the Justice Department, the FTC, state attorneys general and the House Judiciary Committee are investigating the big [...]
Daniel Isn’t Real review: Arnie Jr stars in this neon horror mashup February 7, 2020 ‘Keep your friends close and your imaginary friends closer’ could be the tagline for this psycho-horror starring the handsome young progeny of Arnold Schwarzenegger. It follows introverted law student Luke, whose childhood-trauma coping-mechanism, an invisible pal called Daniel, reemerges with violent intent. While Daniel Isn’t Real’s budget is relatively meagre, it brings to mind an [...]
Uncle Vanya at the Harold Pinter Theatre review: Toby Jones delivers an acting masterclass January 31, 2020 Just as Dickens charted the plight of the underclass in Victorian England, Chekhov chronicled the slow collapse of the Russian aristocracy at the end of the 19th century. In Ian Rickson’s production of Uncle Vanya, adapted by award-winning playwright Conor McPherson, this breakdown is made literal, with trees winding through broken windows and vertiginous bookcases [...]
Mike Pompeo: US will put UK at ‘front of the line’ in trade talks January 30, 2020 The US secretary of state Mike Pompeo has pledged to put the UK “at the front of the line” in future trade talks, during a talk in London this morning. Speaking at a Policy Exchange event, Pompeo said he wanted to be in the UK on the date that the UK leaves the EU as [...]
DEBATE: Does it make sense to ban Huawei from access to the UK 5G network? January 28, 2020 Does it make sense to ban Huawei from access to the UK 5G network? Matt Kilcoyne, deputy director of the Adam Smith Institute, says YES. Chinese state-owned enterprises are accused by our Five Eyes intelligence partners in Australia and the US of keeping extensive databases on foreign individuals. That’s everything from who you’ve rung, when [...]
Why Boris is a mixed blessing for the City January 26, 2020 Boris and the Conservatives’ thumping electoral victory inevitably led to an uptick in confidence, but dealmakers should keep an eye on the course Number 10 is plotting. Business is celebrating the thwarting of Labour’s most anti-business leader since Michael Foot and the abatement of Brexit-related uncertainty. But we may be left wanting if we expected [...]
Our way, not the Huawei — for the sake of national security January 22, 2020 Boris Johnson might have been forgiven for thinking that the biggest dilemma he inherited from Theresa May would be how to resolve Brexit. But a second straggler from the May era has reared its head to disrupt the post-election serenity. How the Prime Minister chooses to deal with it may have long-term effects as important [...]
How a growing procurement footprint can increase your tax footprint January 17, 2020 Procurement functions are more connected to the business than ever before and impact almost every aspect of the organization. These connected procurement functions have already gained a voice in areas such as managing group demand, maintaining supplier relationships, overseeing raw material quality, and strategically sourcing goods and services. In recent years, there has been an [...]