Amazon confirms 16,000 job cuts after internal email error January 28, 2026 Amazon has confirmed it will cut 16,000 jobs globally, just hours after staff were mistakenly alerted to the redundancies in an internal email that was not meant to be sent. The latest round of layoffs follows the 14,000 corporate roles Amazon said it would axe in October, taking total white-collar cuts to around 30,000 in [...]
Private market allocations reach record high as investors pump in £4.7 trillion January 28, 2026 Global private market allocations from institutional investors have reached record highs, with many planning to increase their allocations over the next few years. Private markets have risen to represent 12.5 per cent of overall portfolio allocations, accounting for $6.5 trillion (£4.7 trillion) of assets under management, according to the latest study from Aviva Investors. North [...]
Is Musk’s SpaceX IPO date written in the stars? January 28, 2026 SpaceX may be aiming for the stars in more ways than one as Elon Musk has floated the idea of timing the rocket maker’s IPO to coincide with a rare planetary alignment, as well as his own birthday. The tentative window is mid-June, when Jupiter and Venus will appear unusually close together in the night sky, a [...]
Hakluyt taps Lord Sedwill and Economist’s Lara Boro for board roles January 28, 2026 Lord Mark Sedwill and the Economist Group’s chief executive officer have joined the board of strategic advisory firm Hakluyt. Lord Sedwill, the former cabinet secretary and head of the Home Civil Service under both Prime Ministers Theresa May and Boris Johnson, also served as a national security adviser. The company describes him as “one of [...]
The Isle of Man’s quiet advantage in a noisy tax debate January 28, 2026 As larger jurisdictions grapple with the challenge of creating growth amid more complex tax and regulatory frameworks, a small Crown Dependency in the Irish Sea is offering a compelling counterpoint. For Alex Stokoe, Vice Chairman of the Isle of Man Wealth and Fund Services Association, the Isle of Man’s appeal is not built on headline-grabbing [...]
Bailey warns of ‘urgent need’ to improve resilience in non-bank finance January 28, 2026 The Governor of the Bank of England has warned of an “urgent need” to improve the resilience of the sprawling network of financial firms lending beyond the traditional banking sector. Andrew Bailey said that the financial sector was significantly more robust than it had been before the financial crisis, but warned that regulators still faced [...]
HBO’s Industry shows finance is sexy again January 28, 2026 HBO's finance romp Industry didn't make an impact in 2020. Is its 2026 rise a recession indicator? Matt Kenyon muses.
Logitech Announces Q3 Fiscal Year 2026 Results January 27, 2026 Strong Financial Performance Driven By Strategic Priorities and Operational Discipline
Multi-Color Corporation Announces Recapitalization to Reset Balance Sheet and Position Company for Long-Term Growth and Investment January 27, 2026 MCC Enters into Restructuring Support Agreement to Eliminate Approximately $3.9 Billion of Outstanding Funded Debt, Reduce More than $330 Million of Cash Interest Expense in 2026 and Extend Long-Term Debt Maturities to 2033 Restructuring Supported by CD&R and More Than Supermajority of Senior Secured Lenders Who Have Agreed to Backstop a Nearly $890 Million Investment; Provides More Than $500 Million of New Liquidity to Support Long-Term Growth and Investment Upon Emergence Launches Consent Solicitation and Expects to Implement Restructuring Through “Prepackaged” Chapter 11 Process; Restructuring Support Agreement Provides for CD&R to Be Controlling Shareholder All Trade Vendors Expected to be Paid in Full; All Global Operations and Service to Customers Expected to Continue Without Interruption
Anthropic chief: AI will ‘test who we are as a species’ January 27, 2026 The co-founder of the £350bn AI giant Anthropic has warned that “humanity is about to be handed almost unimaginable power” as the technology advances and warned that “it is deeply unclear whether our social, political, and technological systems possess the maturity to wield it.” In a 20,000 word essay, Dario Amodei, warned that the development [...]