The top five accounting mistakes analysts make August 11, 2020 Prior to entering graduate school almost 20 years ago, I had a very important phone conversation with an analyst at the Dreyfus Founders Funds, Chuck Reed. That brief phone conversation changed my focus in graduate school — and hence my life. One of the questions I asked Chuck was, “What skills should I acquire that most [...]
The City View: How to change jobs in a crisis, with REC chief Neil Carberry August 11, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS In this episode Christian is joined by Neil Carberry, chief executive of the Recruitment and Employment Confederation, which represents over 3,000 recruitment companies across the country. Neil gives his assessment of the jobs market and the changes coming its way, and offers advice for job seekers or those looking [...]
Tech giants join legal challenge against Trump worker visa ban August 10, 2020 A number of tech giants have pledged their support to a legal challenge against a ban on foreign worker visas by US President Donald Trump, aimed at preserving jobs for Americans during the pandemic. Apple, Microsoft, Amazon, Facebook, Netflix and Twitter were among 52 companies that signed the legal brief, which was filed in a [...]
Boris Johnson ‘deeply concerned’ by Jimmy Lai arrest August 10, 2020 The government has accused China of using its new security law to “silence opposition” in Hong Kong after media tycoon Jimmy Lai was arrested today. Lai, 71, is one of the most prominent democracy activists in the Chinese-ruled city and an ardent critic of Beijing. He has become the most high-profile victim of a Beijing-backed [...]
Hong Kong media tycoon Jimmy Lai arrested under new security law August 10, 2020 Hong Kong media owner Jimmy Lai was arrested by police today under the territory’s draconian new security law. Lai was accused of collusion with foreign forces and the offices of his Apple Daily newspaper were raided by more than 200 police officers. Lai is the most high-profile victim of a Beijing-backed crackdown following the passing [...]
The City View: Nigel Wilson on why it’s essential to get people back into offices August 10, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS In this episode Christian is joined by Nigel Wilson, chief executive of Legal and General, a City institution with more than £1 trillion of assets under management. Nigel talks about L&G’s long-term view and how its investments could shape our recovery and future economic growth, but he also reflects [...]
Saudi Aramco profit plunges 73.4 per cent as oil market stumbles August 9, 2020 Saudi state oil group Aramco today reported a 73.4 per cent fall in second-quarter net profit, a steeper drop than analysts had forecast. It also said it expected capital expenditure for 2020 to be at the lower end of a $25bn to $30bn range. The world’s biggest oil exporter said the rapid spread of Covid-19 [...]
Cider subscription service Pommelier Club injects a little fine wine luxe into the boozy apple market August 8, 2020 The subscription model was already booming before lockdown, with millennials and gen Z-ers getting everything from coffee beans to feline flea treatments delivered directly to their front doors. A report published by Zoura estimates that subscription revenues have grown by 350 per cent in the last seven years, and continued to rise almost 10 per [...]
Trump issues executive order against Tiktok and Wechat over China links August 7, 2020 US President Donald Trump has signed an executive order promising a ban on Chinese-owned apps such as Tiktok and Wechat within 45 days. The two apps must be removed from Apple and Google’s app stores and all business ceased with US companies by the deadline. Tiktok owner Bytedance is currently in negotiations over a sale [...]
The City View: Rachel Cunliffe on why working from home isn’t great for everyone August 7, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS In this episode Christian is joined by City A.M.’s comment and features editor, Rachel Cunliffe, who talks about her recent column on why working from home doesn’t suit everyone. Rachel talks about young people in houseshares in particular, as well as those who don’t have the luxury of a separate work [...]