Clean technologies and climate policy: the global financial crisis and Covid-19 June 3, 2020 A lot has changed for clean technologies since the global crisis in 2008. As investors in climate change, this is hugely encouraging. It is striking just how much has changed for clean technologies and climate policy between the financial crisis in 2008 and the one we face today. As climate change investors, this gives us [...]
Coronavirus will increase investors’ appetite for sustainable strategies – and accelerate major changes in the way capital is allocated June 2, 2020 The relative resilience of ESG strategies through the recent market rout could mark a watershed moment for sustainable investment. Fleeting trends are usually the first to be abandoned in the heart of the storm. This simply hasn’t happened with ESG strategies. In fact, quite the opposite, with many funds charting inflows through Q1 2020. Cynics [...]
Lufthansa shares jump after board approves €9bn government bailout June 2, 2020 Lufthansa shares jumped nearly six per cent this morning after its supervisory board approved a €9bn (£8bn) government bailout. Europe’s largest airline has been forced to give up some of its landing slots to rivals as a condition of the deal. Lufthansa shares rose nearly six per cent to €9.65 this morning. The deal still [...]
Blockchain, IoT and 5G June 2, 2020 5G networks are beginning to roll out across the UK as well as around the world. One of the biggest promises of 5G is the ability to connect millions of IoT devices. And Blockchain networks have three services they can perform to drive adoption and add value. IoT stands for the Internet of Things. More [...]
Bitcoin’s Price Surges as Demand and Network Efficiency Grow June 2, 2020 This week the price of bitcoin rose significantly, from $8,750 on May 25 to a weekly high close to $9,800, potentially testing a move toward the $10,000 mark. At press time, the cryptocurrency’s price is holding above $9,500. Ether, the second-largest cryptocurrency by market capitalization, also went up over the week, going from $201 to [...]
Emerging technologies challenge lawyers too June 2, 2020 Douglas Adams has a lesson for lawyers. His rules about new technologies say that anything in the world when you’re born is a natural part of the world; anything invented between the time you’re fifteen and thirty-five is new and exciting; but anything invented after you’re thirty-five is unnatural. The point of the joke is [...]
The City View: How to look after mental health in the age of remote work, with Octavius Black June 2, 2020 In this episode Christian is joined by Octavius Black, CEO of The Mind Gym, which uses psychology and behaviour science to improve the way people and businesses think, work and behave. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Octavius, who has worked with more than 60 per cent of FTSE 100 companies, says employee wellbeing and responsive, [...]
FCA launches investigation into troubled subprime lender Amigo Loans June 1, 2020 City watchdog the Financial Conduct Authority (FCA) has opened an investigation into subprime lender Amigo Loans, the company said today. In a stock market update, Amigo said the FCA started an investigation on Friday into whether Amigo’s creditworthiness assessment process and its governance oversight of this was compliant with regulations. Amigo said the FCA investigation [...]
Eurozone manufacturing shows tentative signs of recovery in May June 1, 2020 Conditions in the Eurozone manufacturing sector picked up somewhat in May as countries in the currency bloc lifted coronavirus restrictions, but the zone’s factories were still far from healthy. The IHS Markit manufacturing purchasing managers’ index (PMI) – a gauge of the sector’s health – rose to a final reading of 39.4 in May after [...]
Lord Mayor: A global London is vital to a speedy recovery June 1, 2020 International cooperation has never been more important than now as we face up to the challenges posed by the current pandemic. Countries across the globe are tackling huge public health, economic and social issues so it is vital that we work together and continue to learn from one another. After all, global problems require global [...]