Softbank boss tells top team to curtail investments March 31, 2022 The boss of Japanese investment giant Softbank has told his top team to slowdown their investments after the firm suffered from a slump in tech stocks in recent months and a regulatory clampdown in China.
Tate & Lyle snaps up Chinese dietary fibres firm for $237m March 31, 2022 Sugar-maker Tate & Lyle has snapped up a prebiotic dietary fibre business from China-listed ChemPartner for $237m today, as it looks to tap into the booming global dietary fibres market.
Provident Financial bounces back to profit after shift away from subprime lending March 31, 2022 Subprime lender Provident Financial bounced back into profit last year as it rode an economic rebound and moved away from riskier consumer lending.
Cop 26 group sets out sustainability standards as concerns grow over greenwashing March 31, 2022 An international body set up to standardise company environmental reporting has set out a first set of draft guidelines today, as fears grow over the veracity of investment opportunities labelled as green.
Top Australian firms pledge £28.5bn injection into UK economy March 31, 2022 A group of top Australian firms have commited to inject £28.5bn into the UK economy today across projects spanning renewable energy, infrastructure and urban regeneration.
Investors pile into bets against Cineworld as it tops list of most shorted stocks March 31, 2022 Investors have piled into bets against UK cinema firm Cineworld to make it the UK’s most shorted company, new data has revealed.
Government explores ways to unlock wave of pension investment March 30, 2022 The government is exploring ways to unleash a wave of investment from pension funds into private assets, as it opens an industry consultation today designed to slash red tape.
Polymetal reports boost in Russian demand for gold as sanctions hamper exports March 30, 2022 Russian gold miner Polymetal said it remains resilient to the impact of sanctions today after a boost in demand from Russians looking to store their cash in the traditional safe haven asset.
Exclusive: Activist shareholders push for ‘hybrid’ AGMs over fears firms are stifling debate March 30, 2022 A shareholder activist group is pushing FTSE 100 bosses to hold ‘hybrid’ shareholder meetings over fears that firms are stifling investor debate by holding meetings in person.
Exclusive: Younger users shun banks over weak sustainability performance March 30, 2022 Young people are shunning banks with weak environmental credentials as demand for sustainability in financial services swells, new data has revealed.