New test and trace app will not alert one in three people after a positive test August 13, 2020 Almost one-third of people who should be alerted by someone else’s positive coronavirus test through the new NHS Test and Trace app will not receive a notification. The new app is being trialled in the Isle of Wight and Newham, East London, after the original one was scrapped during the testing phase. The app will [...]
Report: Apple to bundle services under ‘Apple One’ subscription August 13, 2020 Apple is reportedly planning to launch a range of subscription bundles that will give customers access to a selection of its digital services at a lower price. The bundles, dubbed Apple One, are set to be launched as early as October alongside the new generation of iPhones, Bloomberg reported, citing people with knowledge of the [...]
The City View: Lord Barker on the ‘compelling case’ to extend the furlough scheme August 13, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS In this episode Christian talks to former energy and climate change minister Greg (now Lord) Barker, who currently sits as executive chairman of Russian energy and metals giant EN+ Group. Lord Barker begins by assessing the current economic conditions and says there is a compelling case to extend the [...]
Goldman and Barclays eye General Motors’ credit card business August 12, 2020 Goldman Sachs and Barclays are reportedly among bidders for General Motors credit card unit. The two banks are among a small number of suitors for the car company’s credit card business which has about $3bn (£2.3bn) in outstanding balances, according to The Wall Street Journal. Goldman currently has a relatively small presence in consumer banking, [...]
Tesla shares spike on five-for-one stock split August 12, 2020 Tesla’s move to split its stock into smaller chunks caused its share price to jump more than eight per cent as markets opened this afternoon. Analysts said the split had the potential to extend a 200 per cent rally in Tesla’s shares this year by making it easier for retail investors to hold the stock. [...]
The City View: PwC chairman Kevin Ellis on why the office matters August 12, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS In this episode Christian talks to Kevin Ellis, chairman and senior partner at audit and consultancy giant PwC. Kevin talks about why he’s kept his company’s offices open and why so many of his staff are keen to get back in, even if just for a couple of days [...]
UK-Japan trade deal talks stall over Stilton cheese August 11, 2020 Trade deal talks between the UK and Japan have been held up, after trade secretary Liz Truss tried to sneak Stilton cheese into negotiations. It was reported just two weeks ago that a trade deal between the two nations was on the verge of being completed, however Truss has reportedly held things up by looking [...]
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 [...]