FTSE 100 Live: Stocks to slump despite US claims of ‘good foundations’ for Iran deal; Tech-sell off hits Asia
BlackRock enters the TikTok fray with ‘financial wellness’ account February 4, 2022 The world’s biggest asset manager BlackRock has joined the TikTok craze with an account dedicated to “financial wellness” tips.
Which metaverse stocks should you watch? February 3, 2022 Following a bearish January, are metaverse stocks set to recover? Investors who are feeling a strange sense of déjà vu over January’s market sell-off are not alone. With tech stocks shattered, and CNN reporting Warren Buffett as ‘having the last laugh’, a new era of tightening monetary policy has seen investors reassess outlandish growth prospects. But this [...]
Interview: Zoom beyond lockdown February 3, 2022 Zoom CIO Harry Moseley talks to Leah Montebello about the firm beyond Covid-19
It’s a myth that ETFs are eating the world February 2, 2022 ‘Software is eating the world’: so wrote the US venture capitalist Marc Andreessen back in 2011. From today’s perspective, with companies like Alphabet, Microsoft and Meta dominating the stock markets, Andreessen’s observation seems to have held up. Had BlackRock chief executive Larry Fink made similar comments about exchange-traded funds (ETFs) 11 years ago, he likewise [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 2, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. finnCap Group finnCap Group has posted an HR veteran to its board, who has joined as a non-executive director. Annette Andrews brings some three decades worth of experience to the role, from across Lloyd’s of London, which [...]
Why the world’s whisky fans can’t get enough of Scotch February 1, 2022 Scottish whisky is selling fast in every corner of the globe as drinkers and collectors embrace the ‘wee dram’. In fact, in 2020, 36 bottles of Scotch were shipped every second to 166 global markets, totalling 1.1bn a year. Emerging Asian consumers are spending more than ever on Scotch, with Singapore and Taiwan now ranking [...]
Face masks on flights are not going anywhere, experts warn February 1, 2022 Travellers will be wearing a mask aboard flights for the foreseeable future, as aviation experts believe it will be impossible for single carriers to remove the policy anytime soon. Aviation insiders believe UK airlines will look for “international consistency” before allowing a policy change, acting as one. “Until there is a harmonised lifting of mask [...]
City Moves: Who’s switching jobs in the Square Mile this week? February 1, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Knight Frank Knight Frank has posted a new head of London offices to its UK commercial business. Philip Hobley, who has been co-chair of London offices at the property consultancy since 2016, brings over 25 years of experience to the [...]
Asda becomes first supermarket to trial self-checkout automated age verification January 31, 2022 Asda announced it will be the first supermarket to trial automated age verification at self-checkouts, speeding up customer experience.
Six in ten FTSE 350 companies fail to fully comply with governance code January 31, 2022 Sixty per cent of FTSE 350 companies are not fully compliant with the UK’s Corporate Governance Code, according to new research from Thomson Reuters.