Ashmore: Mixed results as emerging market withdrawals remain sky-high September 5, 2024 Emerging markets investment manager Ashmore reported a 12 per cent drop in adjusted profit before tax for the year to 30 June 2024. The group reported an adjusted profit before tax of £105.4m, below expectations of £113m and 2023’s figure of £119.4m. Ashmore has experienced years of withdrawals from investors, and the trend has shown [...]
Mark Kleinman: Concorde successor’s failure risks chain Reaction September 5, 2024 Mark Kleinman is Sky News’ City Editor and is the man who gets the City talking in his weekly City A.M. column. This week he tackles Reaction Engines, PRS REIT and EMK Capital Concorde successor’s failure risks chain Reaction What about this for an adverse Reaction? Two leading City fund managers – Artemis and Schroders [...]
A new Newlon resident tells us how becoming a Shared Owner has given her a sense of pride and achievement. September 4, 2024 One of Newlon’s newest developments is Millstream Tower. Built in conjunction with Kier and offering 117 apartments for Shared Ownership, one of its residents shares her journey to becoming a first time homeowner. 34 year old Kay, who works in corporate administration for an NHS trust, has lived in North London all her life. “I [...]
Helping first time buyers get on the property ladder September 4, 2024 NHG Homes – part of Notting Hill Genesis, one of the UK’s leading housing associations – is helping first-time buyers get on the property ladder in London in a more accessible way. In recent research conducted by NHG Homes – in partnership with Opinium – four in five London renters said they were optimistic about [...]
Nvidia shares plunge: Are investors on the edge of ‘AI apathy’? September 4, 2024 Analysts are asking if we are at “peak Nvidia” or if the latest selloff is simply a healthy correction in an overheated market. Shares in Nvidia, the poster child for AI, plunged nearly 10 per cent on Tuesday, wiping out $279bn of value—the largest single-day loss ever recorded for a US stock. Since 19 August, [...]
Airspace reform is being ‘shackled by needless bureaucracy,’ Easyjet chief warns September 4, 2024 UK and European airspace reforms that would reduce flight times and emissions are being “shackled by needless bureaucracy,” according to the chief executive of Easyjet. Speaking at a Net Zero conference in Bedford, Johan Lundgren said airspace modernisation was the “quickest way to reduce carbon emissions” but warned it couldn’t be “kicked down the road [...]
The Notebook: How I (almost) managed to get the 1p coin scrapped September 2, 2024 Former Treasury comms chief James Chapman reminisces on the time he (almost) managed to scrap the penny - and why we should persist now.
Sometimes, the right CEO is worth a private jet September 2, 2024 Starbucks CEO Brian Niccol has attracted controversy for commuting by private jet, but in an increasingly complicated global business environment it can take sky-high perks to attract the right talent, says Katie Sharpe Finding the perfect CEO in the corporate world is a mission that requires as much creativity as it does mere financial resources. [...]
England women’s cricket chief on the case for investment in The Hundred August 30, 2024 While the first ever Olympic Games with an equal number of male and female athletes competing took place this summer, The Hundred has put its eight men’s and women’s cricket teams on an equal platform since its launch in 2021. Beth Barrett-Wild, director of the women’s professional game at the England and Wales Cricket Board, [...]
Nature’s embrace: The wellness treetop hotel in the Dolomites August 29, 2024 There’s a unique tranquillity that comes from being surrounded by nature, perfectly exemplified by My Arbor, a five-star wellness tree hotel in the Dolomites.