After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
City of London waives fee for restaurant outdoor dining licences February 16, 2021 Restaurants in the City of London will not be charged in order to provide outdoor seating areas after Square Mile authorities extended its policy on free pavement licences. The City of London Corporation has today agreed to continue issuing pavement licenses free of charge for “suitable premises” for a further six months. Some of the [...]
Another City skyscraper approved ahead of planning brouhaha February 16, 2021 Another skyscraper is coming to the City of London, with a 33-storey building set to be built at 70 Gracechurch Street. Developers Tenacity – who last month received approval for a similar size development at 55 Gracechurch Street – received the thumbs up from the City Corporation Tuesday lunchtime. It is another welcome vote of [...]
Day-trading Davids could take on more worthwhile Goliaths than the hedgies February 16, 2021 Nicolas Mackel is CEO of Luxembourg for Finance Some may not agree with the actions of the mostly millennial retail day traders, who together gave hedge funds a bloody nose by coordinating via social media to skyrocket GameStop’s share price, but everyone agrees it is an extraordinary story. People are already talking about the movie [...]
JP Morgan hints it could join party as Bitcoin continues to flirt with $50k February 16, 2021 Crypto at a Glance Did Bitcoin hit $50k overnight? Sadly, it seems that such talk is premature and limited to just one or two exchanges. Although a few sources called it, they were very much in the minority and it looks like the wait continues. Will it happen this week? If the good news continues to [...]
Nissan GT-R Nismo review: Gran Turismo for the road February 16, 2021 The Nissan GT-R Nismo is the ultimate evolution of the car nicknamed ‘Godzilla. It boasts 600hp, carbon panels and a £180,000 price tag.
Bitcoin price tests $50,000 high as corporate adoption boosts legitimacy February 15, 2021 CryptoCompare data shows the price of Bitcoin (BTC) moved from around $39,000 to test a new all-time high near the psychological $50,000 mark. It has since correctly slightly to trade at $47,500 at press time. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week near $1,700 and moved up to a new all-time [...]
The art of the apology: What KPMG’s Bill Michael got wrong February 15, 2021 Last week saw the defenestration of KPMG UK’s chairman, Bill Michael. Days after making some controversial remarks at a ‘town hall’ meeting of employees, the abrasive Australian, having initially stepped aside pending investigation, caught the scent of the prevailing wind and resigned. In some City circles, there has almost been a sense of relief, having [...]
Zedify: Meet the firm trying to make our city streets greener February 15, 2021 The UK Government declared a Climate Emergency in the summer of 2019. There is no single definition of what action this mandates, but MPs have pledged to reduce the country’s carbon emissions by 80 per cent by 2050. Whilst not the ‘carbon neutral by 2030’ goal sought by campaigners such as Extinction Rebellion, it is [...]
Greencoat enters Nordic market with €60m wind farm purchase February 15, 2021 Renewables investment fund Greencoat has today bought a Finnish wind farm for €60m (£52m). The purchase of the Kokkoneva wind farm from Abo wind marks the AIM-listed firm’s entrance into the Nordic market. The 43 megawatt wind farm, which is currently under construction, is due to begin producing electricity in the second quarter of 2022. [...]
£25.7bn in deals: Strongest M&A start of the year in two decades February 15, 2021 Deals involving a UK investment or acquisition target hit £25.7bn during the first six weeks of this year, more than three times the value recorded during the same period in 2020. It also marks the highest opening six-week period for deal announcements of any year since 2000, according to new data from London Stock Exchange-owned [...]