Fresh calls to end tourist tax as London risks ‘losing out’ to rival EU cities May 30, 2023 The policy chair of the City of London Corporation has made fresh calls for an end to tourist tax on foreign shoppers, warning that the capital could lose out to rival European cities. Writing in City A.M, Chris Hayward, said that London’s recovery is “not being maximised,” noting that the Treasury’s decision to scrap the [...]
Toyota chair under pressure as proxy adviser urges shareholders to vote against board reappointment May 29, 2023 Toyota came under pressure over the weekend as proxy advisers urged shareholders to back calls to improve the automaker’s disclosure of climate-related lobbying, and vote against the reappointment of its chair as a director. On Friday, US-based proxy adviser Glass Lewis recommended that Akio Toyoda, who stood down as president and CEO in January and [...]
Boots owner to slash HQ jobs in cost-cutting push May 27, 2023 Walgreens Boots Alliance Inc WBA.O said on Friday it would slash its corporate staff by about 10%, as it streamlines operations and focuses on consumer-facing healthcare businesses. None of the 504 roles being cut are based at its stores, micro-fulfillment outlets or call centers, a company spokesperson told Reuters. Walgreens, one of the largest U.S. pharmacies, has [...]
Metrikus and PlanetWatch partner to provide clients with unparalleled environmental data and insights May 26, 2023 Metrikus has closed a strategic partnership with PlanetWatch to enhance its building efficiency software with valuable environmental data and insights. Metrikus is the market leader in providing data-based solutions, with the ultimate goal of making buildings more efficient, productive and sustainable. By partnering with PlanetWatch, Metrikus will be able to provide clients with real-time outdoor [...]
The BBC metaverse will be a supercharged reality+ experience May 26, 2023 Monty Munford looks at the BBC's latest effort to get down with the times, and he thinks the corporation's metaverse could be a game-changer.
Tingo Mobile awarded A1 credit rating by DataPro May 26, 2023 Tingo Group Inc has been awarded a Short-Term Credit Rating of A1, an Investment Grade Long-Term Credit Rating of A, and a Positive Rating Outlook for 2023/2024.
How a telecoms exec, a Rugby World Cup winner and a host of chemists are plotting a quiet tech revolution May 26, 2023 On a non-descript industrial estate on the outskirts of Cambridge, a former telecoms executive, a Rugby World Cup winner and some disarmingly intelligent chemists are plotting a revolution that could change the shape of global politics. If that sounds overwrought, consider the phone in your pocket. The metals that make up that extraordinary piece of [...]
Jimmy Nguyen named chairman of Change Digital May 25, 2023 Change Digital has appointed Jimmy Nguyen, founding president of the Bitcoin Association, as its new chairman.
London-listed firms face tougher fraud rules as watchdog prepares clampdown May 24, 2023 The bosses of London-listed firms are facing tougher scrutiny on fraud and financial reporting from 2025 after Britain's corporate governance watchdog proposed a slew of reforms today.
EU remains firm on post-Brexit clearing plans despite pressure on both sides of the Channel May 24, 2023 The EU is set to reject calls to rethink its approach to the clearing business despite mounting pressure on both sides of the Channel. The EU’s financial services commissioner Mairead McGuinness said the plans were vital to the EU’s “financial resilience”. “I want to underline that this matter is actually not so much about Brexit. [...]