US-UK special relationship? It’s London and New York firms keeping it alive December 11, 2023 London and New York are twin pillars of the global financial system, we gain everything from helping each other, writes Chris Hayward.
Golden arches won’t stop conflict, but continued trade might December 11, 2023 As countries become more inward looking and trading relationships weaken, the golden arches theory still rings true, writes Eliot Wilson.
Backer of Yorkshire Water owner eyes £500m exit as industry troubles continue December 10, 2023 A part owner of one of the UK's biggest water suppliers is considering an exit as the sector comes under increasing scrutiny.
EU agrees landmark deal on world’s first Artificial Intelligence Act December 9, 2023 European Union negotiators have clinched a deal on the world’s first comprehensive artificial intelligence rules. The agreement paves the way for legal oversight of technology used in popular generative AI services such as ChatGPT that has promised to transform everyday life and spurred warnings of existential dangers to humanity. Negotiators from the European Parliament and [...]
City Moves: Who’s moving where in the Square Mile and beyond December 8, 2023 The job market never closes - even in December. Our weekly round-up of who's moving where keeps you up to date with the latest in the British business transfer window - which never closes.
Spotify finance chief to depart following layoffs and share sale controversy December 8, 2023 Spotify’s chief of finance Paul Vogel is set to step down in March next year in the wake of a recent mass culling at the streaming giant.
Anglo American says mining prospects ‘have rarely looked better’ December 8, 2023 Mining giant Anglo American says prospects “have rarely looked better” as part of its performance update to investors today. In a global battle for minerals, Anglo American chief executive Duncan Wanblad said he believed his firm’s ability to tap “world class” assets would ensure “ever more attractive” demand. “Operationally, we are improving cost performance and [...]
The debt pile at Capita is coming down after a mass sell-off. But is it out of the woods? December 8, 2023 Capita has completed its plan to sell off all of its non-core businesses to work down its debt. But has it done enough to please investors?
Inspiration For All: Bridging the Gap Between Schools & Businesses December 7, 2023 Welcoming Inspiration for All: A New Chapter in the City AM ESG Campaign City AM is excited to announce Inspiration for All as our latest partner in the Environmental, Social, and Governance (ESG) campaign. In a significant move towards strengthening our commitment to sustainable development and social equity, City AM’s ESG campaign is proud to [...]
Paris Saint-Germain sell stake to US fund Arctos Partners in world record deal December 7, 2023 The club remains in Qatari hands but now has a US minority investor.