Emerging markets: How different local expectations can dramatically change the investing landscape January 10, 2018 Most financial best practices originated in developed economies. And while best practices and ethical principles endure regardless of locality, they can be challenging to implement in underdeveloped markets where the operational framework may be quite different. There are certain unique challenges I face as a practitioner in the United Arab Emirates (UAE) that would be [...]
Crystal ball time: We asked the experts what’s in store for 2018 for stocks, bonds, currencies and economics January 3, 2018 At the start of 2017 investors might have been forgiven for expecting a more predictable year ahead. If they were, they were sorely disappointed by a year of intrigue – and yet asset prices kept rising, despite the drama. We asked the experts to dust off their crystal balls once more to see what lies [...]
Russia says Trump administration in United States has “crossed the line” by arming Ukraine December 24, 2017 Russia has hit out at the United States for providing the Ukrainian military with weapons, saying the Trump administration has “crossed the line”. Sergei Ryabkov, deputy foreign minister, has released a statement accusing the US of seeking to increase casualties in the conflict with Ukraine. Read more: Russian foreign minister tells Boris Johnson “relations are [...]
Virgin billionaire Richard Branson is taking up Hyperloop One chairman role December 18, 2017 Virgin entrepreneur Richard Branson is taking up a top leadership position at Virgin Hyperloop One, the transportation startup he recently invested in and rebranded under his empire’s name. The billionaire businessman will become chairman at the US company which hopes to build high speed transport based on a technology concept created by Elon Musk around [...]
Finally, a British centurion: London Stock Exchange notches up 100 floats for the year December 18, 2017 The London Stock Exchange (LSE) today notched up its 100th company flotation of 2017 this week, breaking the century barrier for the first time in three years thanks to a strong international showing and a proliferation of investment fund listings. Northern Irish healthcare firm Fusion Antibodies and Israeli miner Shefa Yamim were this morning admitted [...]
Russian navy could cut cables between US and NATO nations including the UK December 15, 2017 Russian submarines could cut off communications cables between the US and the UK, a defence chief has warned. Sir Stuart Peach, chief of the British defence staff, said that Russian ships have been spotted close to Atlantic cables which are essential for international commerce and the internet. A report by think tank Policy Exchange estimated [...]
Twitter response to Russia Brexit meddling questions slammed as “inadequate” by MP Damian Collins December 14, 2017 A leading MP has slammed the boss of Twitter Jack Dorsey over the disclosure that only six adverts on the platform during Brexit were linked to Russia. Damian Collins, chair of the digital, culture, media and sport select committee, branded the information “completely inadequate”. MPs investigating fake news demanded information from Twitter and Facebook last [...]
Russian President Vladimir Putin ditches his party United Russia to run for re-election as an independent December 14, 2017 Vladimir Putin has ditched the United Russia party to run as an independent candidate in the country’s election next year. The Russian President has a huge amount of personal support, with approval ratings over more than 80 per cent, according to Russia’s only pollster. Read more: The government has issued a warning over Russian anti-virus [...]
Emma Thompson on the importance of activism and why Greenpeace made her braver December 14, 2017 Emma Thompson may be best known for her Academy Award-winning roles on the silver screen but she is also a passionate and dedicated activist. When her hectic acting schedule affords her some precious time, she is frequently vocal in championing a more green and just world. City A.M. recently caught up with her to speak [...]
Facebook says no more than 200 UK viewers saw Russia’s Brexit ads December 13, 2017 Facebook has found just three adverts posted by Russian accounts in its attempt to investigate potential meddling by the country in last year’s Brexit vote. The Electoral Commission had asked the social media giant to look into any interference with the referendum last year. In a letter to the commission, Facebook said the trio of [...]