Thomson Reuters ups forecasts despite ongoing geopolitical uncertainties May 3, 2022 Thomson Reuters raised its 2022 forecast after beating first-quarter expectations and warning of the ongoing economic woes.
April was a shower, but the Bitcoin forecast for May is looking brighter May 3, 2022 Bitcoin, the largest cryptocurrency by market cap, continues to change hands for around $38,500 – roughly flat over the past three days.
1 Minute Market Rundown – 3rd May 2022 May 3, 2022 | City Talk Equities Hold InCrypto Consolidates April ended as much of the year has been with risk firmly on the backfoot. It has been the worst start for the S&P since at least 1993. Crypto didn’t have the best month either with both BTC and ETH down over 16% for the month. The driving force has been [...]
Crypto mania, financial contagion and the ‘Goldilocks Zone’ May 3, 2022 | City Talk From the gold fever of the 1840s and 1850s and the bicycle bubbles of the 1890s to the bowling manias of the1960s and the dot-com boom of the 1990s and early 2000s, our animal spirits are forever in search of greener pastures. In recent times, the financial herd has stampeded into the field of cryptocurrency. [...]
Top broadcasters come together to tackle production skill shortage in British TV and film May 3, 2022 Industry powerhouses, the BBC, Channel 4, Paramount and UKTV have announced their intention to join forces to tackle the current production management skills gap facing the UK TV industry.
Veteran Fevertree chairman announces retirement May 3, 2022 Longstanding Fevertree Drinks chairman Bill Ronald has announced he will be retiring in May next year. Ronald joined the premium tonics and drink mixer maker in June 2013 ahead of Fevertree’s debut on the London Stock Exchange the following year. He has given a year’s notice to allow the company to start looking for a [...]
Revenue dips for cyber firm Avast following Russian exit and acquisitions May 3, 2022 Revenue was down one per cent to $234.6m (£187.3m) for cyber security firm Avast as the firm rolls out new products and makes strategic acquisitions for growth.
Netflix abandons work on Duchess of Sussex Meghan Markle’s animated series ‘Pearl’ May 2, 2022 Netflix has stopped work on Meghan Markle’s animated family series. The streaming giant announced it would drop the Duchess of Sussex’s ‘Pearl’ series, as it faced plummeting stock prices and falling subscriber numbers. This comes after Netflix announced its first quarter results at the end of last month, with its stock down 26 per cent, [...]
‘Hitler also had Jewish blood’: Russian foreign minister causes fury with remarks about Zelensky and ‘de-Nazifying’ Ukraine May 2, 2022 Russia’s foreign minister has caused fury after claiming Hitler “had Jewish blood”, in a bid to justify the Kremlin’s so-called ‘de-Nazification’ of Ukraine. Moscow’s top diplomat Sergei Lavrov was condemned by Israel’s foreign minister Yair Lapid, after making his comments to Italian media this week, while referring to Ukraine’s president Volodymyr Zelensky. The Ukrainian [...]
UK audit chief in the running for HS2 top job May 2, 2022 The head of the UK’s accounting watchdog is reportedly in the running to lead the High Speed 2 rail construction project, raising further questions about the future of the country’s audit regime. Sir John Thompson, chief executive of the Financial Reporting Council (FRC), is in the frame for becoming the new chair of the project, [...]