After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
US says China has committed genocide against Uyghur Muslims January 20, 2021 The US has declared that China has committed “genocide” and “crimes against humanity” against Uyghur Muslims in the country’s northern province of Xinjiang. US secretary of state Mike Pompeo made the announcement yesterday, less than 24 hours from when Donald Trump’s term as President ends. Joe Biden’s pick for secretary of state Tony Blinken said [...]
Return of the Ma: Alibaba’s Jack is back after three-month lack January 20, 2021 Alibaba founder Jack Ma has made his first appearance today since disappearing from the public eye in October, driving up shares in the e-commerce giant. Speaking to a group of teachers over a video call, Ma eased concerns over his absence following Beijing’s regulatory crackdown on his e-commerce empire. Alibaba has been subject to an [...]
More talk, more walk – DiverCity Podcast returns January 20, 2021 DiverCity® Podcast · Reflections on a decade of D&I: Baroness Morrissey reflects on progress & considers the road ahead Now more than ever, businesses like to tell us what they care about. Most company websites have a full section extolling the corporate values they claim sets them apart. Think: a culture of flexibility, low environmental [...]
UK dividends won’t recover until 2025 at the earliest after bruising year January 20, 2021 UK dividends are unlikely to recover until 2025 at the earliest after a catastrophic year for payouts amid the pandemic. Eight years of growth wiped off UK dividends last year as companies started to make cuts at the beginning of the second quarter following the outbreak of coronavirus. Payouts fell 44 per cent to £61.9bn [...]
WH Smith expects £20m monthly cash burn as restrictions continue January 20, 2021 WH Smith expects a monthly cash burn of £15m to £20m from January to March 2021, assuming Covid-19 restrictions stay as they are. Trading at the book and stationary chain was ahead of plan toward the end of 2020, so the business had some £340m of available cash and facilities at the end of December [...]
BBC warned to ready itself for lower licence fee income by public spending watchdog January 20, 2021 The BBC has been warned to match its priorities and future strategy with an assumption that licence fee income may fall further still.
Perception is everything: Why this decade is all about reputation January 20, 2021 The last decade has been all about data. As our digital lives have become inseparable with our offline selves, the power and value of the data that underpins the digital world has exploded. It is easy to forget that it is only 14 years this month since the launch of the iPhone, and even harder [...]
Tory rebellion to stop UK trade deals with ‘genocidal’ regimes fall short January 19, 2021 A Tory rebellion in the House of Commons that tried to stop the UK government from being able to to sign future trade deals with genocidal governments has fallen just short. The amendment, which was brought forward by the House of Lords, lost by just 11 votes, 319 to 308, this evening. Thirty-four Conservative MPs [...]
Sadiq Khan backs CBI’s calls for furlough extension January 19, 2021 The mayor of London has backed calls from the CBI for further financial support for businesses, saying current deadlines create a "financial cliff edge"
Ex-Greene King boss raises £200m to invest in struggling pub companies January 19, 2021 The former boss of Greene King Rooney Anand has secured £200m in investment to pump into the UK’s struggling pubs sector. Anand, who stepped down as chief executive of Greene King in 2019 after 15 years with the chain, is planning to make a number of acquisitions in the coming months, Sky News reported. The [...]