Worst corporate jargon of the week: Town hall February 8, 2024 Beloved by HR executives tasked with fostering a sense of company 'community', the town hall meeting has become an epidemic.
Bank urged to ‘release brake pedal’ as starting salary inflation drops to 34-month low February 8, 2024 Starting salary inflation slipped to its slowest rate since March 2021 and was comfortably below the series average
Moving markets: Five things shaping the FTSE 100 today February 8, 2024 Asian shares track Wall Street's surge; China's inflation records the deepest drop since 2009. Oil prices rose amid slim progress in Gaza peace talks. SoftBank rises on Arm results; investors eye earnings, the Fed, and U.S. jobless claims.
Uber posts first annual net profit since IPO debut; equity analysts lift price target February 8, 2024 Uber posted its first annual net profit since going public, indicating improved user retention and successful strategic initiatives, prompting several equity analysts to raise the price target.
Speedy Hire: Investor takes advantage of record low share price to increase stake February 7, 2024 An institutional investor has taken advantage of a sharp slump in Speedy Hire's share price to almost double its stake.
Standard Chartered reportedly taps ex-Chancellor Javid and Treasury veteran Roxburgh to be next chair February 7, 2024 Standard Chartered has reportedly tapped former Chancellor Sajid Javid and Treasury veteran Charles Roxburgh to succeed José Viñals as its chair.
Equinor cuts shareholder payouts as fossil fuel returns slow and renewables drag February 7, 2024 Equinor will return $3bn (£2.3bn) less to shareholders in 2024 than a year prior
Redx Pharma signs $880m deal with Nasdaq-listed Jazz Pharmaceuticals February 7, 2024 Redx Pharma has signed a deal worth $880m with a Nasdaq-listed US counterpart.
‘Huge potential’ for City says UK science minister amid soaring UK quantum investment February 7, 2024 Investment into quantum computing has "huge potential" for London, according to the UK's science minister, Andrew Griffith.
UK agencies failing to punish top execs for corporate misconduct, report warns February 7, 2024 UK regulators and prosecutors are failing to properly hold senior executives to account for acts of corporate misconduct, a new report has warned.