Fake fundraisers trying to cash in on Ukraine crisis surge March 23, 2022 The national fraud reporting centre has received hundreds of reports of fake Ukraine fundraising requests.
African M&A: Technology helping to renew optimism March 23, 2022 | City Talk How has African M&A fared during the pandemic? What might the market expect in the coming year? What impact is technology having on the industry? One thing that is clear from discussion at our recent webinar is that, despite a sluggish period on the continent, there is renewed optimism for the future. Resurgence in M&A Africa has [...]
Bitcoin price stable around $42k but demand still flat March 23, 2022 After breaking through the $43,000 on Tuesday, the price of Bitcoin is stabilising around the $42,000 mark this morning.
1 Minute Market Rundown – 23rd March 2022 March 23, 2022 | City Talk Russia – UkraineYields in focusCrypto consolidates A feeling of deja vu overnight as Australian, New Zealand and South Korean 10 year yields all hit fresh cyclical highs as the rates market continues to reprice. Interestingly enough, stock markets held on with the S&P even clearing its 200 DMA. It seems the hawkish rhetoric from Powell [...]
BEIS splashes £30m on data scientists March 23, 2022 The Department for Business, Energy and Industrial Strategy has more than quadrupled the number of data analysts and data scientists it employs, with a 408 per cent increase in expenditure since 2017, according to official figures. The data was obtained via the Freedom of Information (FOI) Act and analysed by the Parliament Street think tank [...]
Alisher Usmanov: Ex Arsenal and Everton backer has assets ‘transferred into irrevocable trusts’ March 23, 2022 Former of Arsenal FC shareholder Alisher Usmanov says most of his property has been “transferred into irrevocable trusts” in a bid to evade UK sanctions. The Russian billionaire claims he has protected some of his most valuable properties and his £437m yacht after they were frozen earlier this month. According to The Times, a spokesperson [...]
Vehicle analytics supplier Quartix expects nearly 25 per cent increase in installations for first quarter March 23, 2022 One of Europe’s top suppliers of vehicle telematics and analytics increased unit installations by nearly 25 per cent in the first quarter of the year. Quartix Technologies is to hold its Annual General Meeting later today, and in a trading statement, said its experienced “strong growth” across the early part of 2021, which is expected [...]
Phantom of the Open review: Mark Rylance scores hole-in-one with hilarious underdog tale March 22, 2022 This Mark Rylance comedy-drama is perhaps the most twee film you’ll see this decade, but it’s genuinely heart-warming too, with endless hits of proper comedy. It’s not the year’s first joyous tale of a working class British underdog. The Duke, starring Jim Broadbent as an elderly campaigner against BBC television licensing, was in a similar [...]
DWF looks towards Africa and Latin America after striking deals with Iberian firms March 22, 2022 Listed law firm DWF has struck deals with two separate firms, in Spain and Portugal, in line with its plans for global expansion. The Manchester headquartered company said it had come to agreements with Spanish firm RTS Group and Portuguese law firm Nobre Guedes & Associados (NGA), with a viewing to strengthening its position on [...]
UK home to second most hedge funds, as US dominates rise of crypto strategies March 22, 2022 Britain is home to the second largest hedge fund market in the world, with more than 500 set up in the capital since 2019. The US leads the way with 67 per cent of the global share, with New York boasting almost 7,000. Data compiled for SigTech also shows London has 2,230, with nearly a [...]