Tighter Whatsapp lobbying rules would have revealed Greensill scandal, MPs say May 2, 2024 Stricter transparency rules on lobbying over Whatsapp would have resulted in the Greensill scandal being uncovered, a group of MPs has said.
Worst corporate jargon of the week: Transform May 2, 2024 The City is full of movers and shakers determined to "transform" every bit of corporate life. We're here to stop them - and stamp out jargon.
Gen z aren’t lazy – they just know that work doesn’t pay May 2, 2024 Generation z are shunning the corporate ladder because they recognise we live in an asset-driven economy that penalises work
FTSE 100 today: London shares poised to rise after US Fed maintains status quo; eyes on Apple and StanChart earnings May 2, 2024 Asian markets opened cautiously on Thursday after the US Federal Reserve signalled a delay in interest rate cuts, dragging Wall Street lower. Oil prices surged in anticipation of US reserve replenishment, and the yen strengthened amid intervention speculation. Qualcomm's stock surged on strong earnings. Focus now turns to earnings reports from Apple and StanChart.
UK manufacturing slips back into contraction amid Red Sea disruption fears May 1, 2024 The survey confirms that the manufacturing sector slipped back into contraction after March's slight uptick. Prior to March manufacturing had been in contraction since July 2022.
The Notebook: What a house fire can teach the FCA about consumer duty breaches May 1, 2024 Lucy McNulty takes the Notebook pen to discuss the consumer duty, John Lewis' new interview process and a podcast recommendation.
FTSE 100 today: London stocks to stay subdued in light trading as Asia and Europe mark Labour Day holidays May 1, 2024 Asian markets were mixed following Wall Street's poor performance. Concurrently, oil prices experienced a decline while gold remained stable. Starbucks, AMD, and Supermicro saw significant stock declines. Now, all eyes are on the upcoming US Federal Reserve policy decision and Chair Jay Powell's remarks.
Amazon’s stock surges on strong earnings, fuelled by AI-driven cloud growth May 1, 2024 Amazon.com surpassed Wall Street's expectations in its quarterly report, buoyed by the surge of interest in artificial intelligence, particularly in its cloud-computing division, propelling the retail giant's shares up to 5% in after-hours trading.
St James’s Place: Why these City analysts say buy the scandal-hit stock April 30, 2024 In a first quarter trading update today, the FTSE 100 money manager reported a sharp slide in in flows to £710m, down from £2bn in the same period last year, and below market expectations of £900m.
Sensodyne maker Haleon to cut over 400 jobs and close its only UK factory April 30, 2024 The maker of Sensodyne toothpaste and Advil painkillers has announced plans to close its only UK factory which will see the loss of more than 400 jobs.