Elon Musk gives BBC rare tell-all interview after Twitter labelled broadcaster ‘government-funded media’ April 12, 2023 Twitter owner Elon Musk has said the social media site will update the BBC’s “government-funded media” tag after the broadcaster objected to the label. The BBC contacted Twitter last week after the designation was attached to the main @BBC account. In an interview with the BBC, Mr Musk said he has the “utmost respect” for [...]
UK takeover bids tumbled amid banking crisis fears – as private equity firms smell bargains April 12, 2023 Takeover attempts in the UK tumbled sharply in the first three months of the year as fears of a global banking crisis roiled markets and spooked the City’s dealmakers.
North Sea energy giants told to ‘read the room’ on windfall tax demands April 12, 2023 Green groups have urged the government to maintain the toughened windfall tax amid pressure from the North Sea industry.
In defence of capitalism: Why greed can be good for consumers April 12, 2023 In the seventh of an eight-part series, sociologist and author Dr Rainer Zitelmann pulls apart the arguments against free markets. This week, he takes on the idea that capitalism uniquely creates greed and selfishness The British economist Paul Collier has put together a series of proposals on how capitalism should be ‘reformed.’ He criticizes the [...]
Liz Truss to criticise high taxes and warn of authoritarian ‘threat’ April 11, 2023 Liz Truss is to renew her advocacy of low taxes in a speech questioning whether western nations are “match fit to take on China”. Britain’s shortest-serving prime minister will suggest the 1980s “Anglo-American” economic model of increased privatisation and limited government is being “strangled into stagnation” in the latest leg of her comeback to the [...]
Achieve transformational business outcomes April 11, 2023 Equiteq is a global independent investment bank helping entrepreneurs and owners of technology and consulting services firms realize and maximize value. Equiteq was founded by entrepreneurs who both built and exited a business in the same space and this experience is hardwired into Equiteq’s corporate DNA. This enables transaction processes to be run and supported [...]
Newmont tables £15.7bn mega offer for rival Aussie gold miner Newcrest April 11, 2023 US gold miner Newmont has ramped up its bid for Aussie rival Newcrest with a massive £15.7bn ($19.5bn) final offer.
Data: The lifejacket that keeps ESG afloat April 11, 2023 If the year is 1983 and you find yourself in Fiji looking at a notice asking you to reuse your hotel towels for the sake of the environment, then your name is probably Jay Westerveld and you’re about to come up with the term “greenwashing”. Mr. Westerveld was lodging in a beach resort undergoing large, [...]
How can PropTech help with the ‘S’ and ‘G’ in ESG? April 11, 2023 Unless you’ve been living under a rock for the past couple of years, you’ve probably noticed that everyone is talking more and more about ESG. ESG stands for environmental, social and governance, and these criteria are pivotal to the way today’s businesses operate. It’s all about a company’s business model and how its products and [...]
London IPO market slows to a crawl in 2023 as analysts warn ‘challenging’ times to come April 11, 2023 London managed only five IPOs in the first quarter of 2023, raising just £81m as the City’s flagship exchange struggles to attract new participants. The main market saw only two IPOs, from Dar Global and Streaks Gaming. The two IPOs raised a combined £63m, with £60m of that coming from luxury real estate firm Dar [...]