Dame Helena Morrissey on how the business rulebook is being rewritten August 31, 2021 Baroness Helena Morrissey tells Laurence Eastham how economic uncertainty, flexible working and the growth of soft skills are combining to rewrite the business rulebook. This article first appeared in ICAS’ CA magazine. Baroness Morrissey has an enviable track record when it comes to predicting the future. As CEO of Newton Investment Management, her keen eye [...]
Apple CEO Tim Cook receives $750m payout August 27, 2021 Apple chief executive Tim Cook has sold shares in the technology company for more than $750m (£550m). The CEO sold most of his five million shares in the firm, according to a company filing with the US Securities and Exchange Commission (SEC) watchdog. The payout was part of a deal he agreed to when he [...]
Big Tech vows to ramp up cybersecurity after White House summit August 26, 2021 Major US tech firms have pledged to ramp up their cybersecurity defences following a White House summit yesterday. Google, Microsoft, Amazon and IBM were among the companies to make multi-billion-dollar commitments as President Joe Biden called on top chief executives to “raise the bar on cybersecurity”. During a meeting alongside his members of his Cabinet, [...]
GTO Engineering 250 GT SWB Revival review: tribute to a classic Ferrari : CityAM August 25, 2021 I used to pass a Ferrari 250 GT SWB on the way to work. Or so it seemed. The car looked kosher from a distance, but closer inspection revealed thumb-sized panel gaps, a plasticky interior and a telling lack of tailpipes (one instead of the usual four). In hindsight, the fact that it was street-parked [...]
South Korea set to crack down on Apple and Google over app charges August 24, 2021 South Korea is poised to block Apple and Google from charging commission on in-app purchases in what could be the first such move by regulators around the world. The parliament’s legislation and judiciary committee is today expected to approve legal changes that will ban app store operators with dominant market positions from forcing certain payment [...]
ESG investing now mainstream, but who’s holding ‘greenwashed’ portfolios to account? August 24, 2021 Environmental, social and governance (ESG) concerns are rising up the agenda of investors, who are increasingly more attentive to the impact of their investments. Beyond financial performance, investors are looking at their portfolios in relation to ESG factors, but how can they assess the ESG credentials of companies and funds when the data is scattered [...]
Mezcal is here and The Lost Explorer is the ideal place to start August 23, 2021 Mezcal has been on the verge of breaking into the UK’s mainstream spirits market for some time now, with some excellent and accessible brands knocking on the door of discerning drinkers. And there is perhaps no better, more successful small batch mezcal available on these shores right now than The Lost Explorer. Launched in late [...]
Apple postpones office return amid Delta fears August 20, 2021 Technology giant Apple has reportedly told its corporate employees that their return to the office will be delayed until January due to a surge in Covid-19 cases. The iPhone maker said in a memo to employees that it would confirm its reopening timeline around December, Bloomberg reported. The fresh delay comes just a month after [...]
Campaigners call on Apple to abandon surveillance plans August 19, 2021 An international coalition of more than 90 civil rights and policy groups is calling on Apple to scrap plans to surveil its US customers’ photos. Earlier this month, Apple announced plans to search people’s devices for child sex abuse material (CASM) using new “NeuralHash” technology to perform on device checks. The automated system will alert [...]
Obsolete: Mastercard to phase out magnetic strips on cards by 2033 August 18, 2021 Mastercard is phasing out the magnetic strip that has been the vital element of all credit and debit cards since the 1960s. The financial services giant has said that the strip is on the verge of becoming obsolete with merchants and consumers increasingly relying on chip technology to conduct transactions securely. Modern chip cards have [...]