Energy suppliers to be investigated over Britons forced on to prepayment meters:
theguardian.com/business/2023/jan/23/british-energy-suppliers-prepayment-meters-ofgem
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| Last Updated | Jan 23 23 |
| Total Articles | 4 |
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Tougher action needed to end 'national scandal' of prepayment energy meters, MPs warn
inews.co.uk/news/prepayment-energy-meters-parliament-ofgem-national-scandal-2102130
Energy firms threatened with legal action as Ofgem orders review of forced prepayment meters
inews.co.uk/news/prepayment-meters-ofgem-energy-firms-legal-action-review-forced-installations-2100471
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Tougher action needed to end 'national scandal' of prepayment energy meters, MPs warn
inews.co.uk/news/prepayment-energy-meters-parliament-ofgem-national-scandal-2102130
Energy firms threatened with legal action as Ofgem orders review of forced prepayment meters
inews.co.uk/news/prepayment-meters-ofgem-energy-firms-legal-action-review-forced-installations-2100471
#TechTimesDaily EP. 21: Chris and Christian discuss the UK's regulatory authority, Ofcom, launching a consultation in response to the growing trend of children as young ... Show more
British digital bank Zopa expects no impact from FCA motor finance probe: UK digital bank Zopa says it welcomes regulatory scrutiny on Britain's motor finance ...
reuters.com/business/finance/british-digital-bank-zopa-expects-no-impact-fca-motor-finance-probe-2024-04-16/
Football: Premier League defends itself against planned regulator: Attention advertising: The English league wants to prevent the planned regulatory authority in ...
sueddeutsche.de/sport/premier-league-regulierungsbehoerde-politico-newsletter-1.6535247
Solicitors Regulation Authority: SRA to be investigated over its actions regarding SSB Law - as Burnley and Pendle homeowners face devastating legal bills
burnleyexpress.net/business/solicitors-regulation-authority-sra-to-be-investigated-over-its-actions-regarding-ssb-law-as-burnley-and-pendle-homeowners-face-devastating-legal-bills-4589077
US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Two horses seen galloping on the loose through central London: ITV News crews filmed two horses - who appeared to be on the loose - on Wednesday.
itv.com/news/london/2024-04-24/two-horses-seen-galloping-on-the-loose-through-central-london
Quick Glance: London Chaos: Military Horses Run Wild
- Five military horses bolted during an exercise near Buckingham Palace, causing chaos in central London streets.
- The horses were spooked by noise from a construction site, threw off their riders, and collided with vehicles.
- Three injured soldiers were hospitalized, but none of the injuries were life-threatening.
- The horses were captured shortly after and taken back to the barracks for medical tests.
Kensington Palace releases photo to celebrate Prince Louis' sixth birthday: The photo was taken by his mother, Kate, in the days running up to the prince's ...
itv.com/news/2024-04-22/prince-louis-celebrates-sixth-birthday
Quick Glance: Celebration of Prince Louis' Sixth Birthday by Kensington Palace
- A recent photo of Prince Louis, captured by The Princess of Wales in Windsor, has been posted on Kensington Palace's social media to commemorate his sixth birthday.
- In honor of his sixth birthday, events are being organized for William and Kate's youngest child to partake in.
- The released photo marks the first image of the children since the contentious Mother's Day picture altered by Kate.
- Following the Easter break, Prince Louis resumes classes at Lambrook School in Berkshire alongside his siblings.
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
UK businesses to suffer if TikTok banned in the US: UK businesses using TikTok say they could see a significant drop in sales if the app is banned in the US.
bbc.com/news/articles/c3gl5qly48qo
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Alphabet set to surge past $2tn valuation as search giant announces first dividend
ft.com/content/23b4b384-5971-4f91-a9c9-8a779d10b6bc
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Prince Harry confirms he is now a US resident: Prince Harry, the son of King Charles III and fifth in line to the British throne, has formally confirmed he is ...
apnews.com/article/prince-harry-us-resident-meghan-5bad226e20fede037b5ce836cb1e6a60
Quick Glance: Prince Harry Officially Residing in U.S.
- Prince Harry and his wife Meghan have considered California home, and now his official residency in the U.S. has been documented in a corporate filing.
- The document was filed at Britain’s corporate registrar, Companies House, to update the official residency of the British royal for business records of Travalyst Limited.
- There had been little official confirmation of Harry’s residency status until this week, with an entry indicating a change of residency to June 29, 2023, the day the couple left Frogmore Cottage, their British home.
- It is unclear what type of U.S. visa or residency permit Harry holds, despite efforts by conservative activists in the U.S. to ascertain them, including an ongoing lawsuit.
US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
US passes Ukraine and Israel aid package after months of infighting: President Biden will sign into law a package of military aid worth $95 billion for America’s ...
thetimes.co.uk/article/senate-passes-95-billion-military-aid-package-after-months-of-infighting-5j9zvn770
Paid articlePaidQuick Glance: Biden signs Comprehensive Military Aid Package for Ukraine, Israel, and Taiwan
- President Biden announces the signing of a substantial $95 billion military assistance package for Ukraine, Israel, and Taiwan, with a significant portion of the funds directed towards Ukraine.
- Despite initial resistance from Republicans in Congress, Biden has signed the aid package, highlighting the reinforcement of allies and ensuring prompt deliveries to Ukraine.
- The assistance for Ukraine includes weapons and military equipment valued at around $1 billion, encompassing artillery shells and air defense missiles.
- Military analysts do not foresee significant changes on the frontlines in eastern Ukraine, while the US support aims to aid Ukraine in operations in southern Ukraine, particularly focusing on Crimea and the Black Sea.
Who was St George? The irony behind England's patron saint: Today (23 April) marks St George’s Day – a day to celebrate the Christian martyr who became the ...
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Michael O’Leary says he’d ‘happily’ offer UK deportation flights to Rwanda: The Ryanair boss said he would ‘quote for the business’ from the UK government if it ...
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Fiona Beal admits murdering and burying partner in Northampton: Fiona Beal sent messages to Nicholas Billingham's friends using his mobile phone, a trial hears.
bbc.com/news/uk-england-northamptonshire-68846713
Pet Shop Boys singer Neil Tennant says Taylor Swift doesn’t have any ‘famous songs’
independent.co.uk/arts-entertainment/music/news/pet-shop-boys-taylor-swift-disappointing-b2534588.html
UK Boosts Borrowing to Cover Deficit, Curbing Tax Cut Hopes: The UK boosted its borrowing plans after the government’s budget shortfall overshot forecasts ...
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Post-Brexit Food Checks Will Be ‘Light-Touch,’ UK Minister Says: The UK will enforce “light-touch” post-Brexit checks on food and plant products beginning later ...
bloomberg.com/news/articles/2024-04-23/post-brexit-food-checks-will-be-light-touch-uk-minister-says
Britain to raise defence spending to 2.5% of GDP by 2030: Rishi Sunak is expected to say he will increase the UK military budget every year ...
thetimes.co.uk/article/rishi-sunak-defence-spending-uk-2030-xxgfwtvf7
Paid articlePaidQuick Glance: Increase in UK defence spending by 2030
- Prime Minister Rishi Sunak commits to raising spending to 2.5% of GDP, putting the defence industry on a 'war footing'.
- Sunak emphasized the need for deeper stockpiles of munitions and quicker replenishment due to the events in the Ukraine conflict.
- The planned increase in defence spending would require significant financial reshuffling, partly through announced measures to reduce the size of the civil service.
- Shortly after announcing the pledge to send weapons worth 500 million pounds to Ukraine, this commitment followed.
Micron secures $13bn in US support to expand chipmaking capacity: Idaho-based memory chipmaker is latest beneficiary of funding from 2022 Chips Act
ft.com/content/084c5cce-3734-4c28-8cab-ee1ecaa7e402
Sacha Baron Cohen claims victory after Rebel Wilson redactions: Several paragraphs of the actress’s memoir are blacked out for UK readers
thetimes.co.uk/article/sacha-baron-cohen-claims-victory-after-rebel-wilson-redactions-8gzz2q757
Paid articlePaidQuick Glance: Rebel Wilson's Memoir Published in UK with Redacted Passages
- The UK edition of Australian actor Rebel Wilson's memoir will be published with redacted passages concerning her experience on set with Sacha Baron Cohen.
- HarperCollins mentioned that they have blacked out part of a page in the UK edition along with other small sections for legal reasons.
- Rebel Wilson's memoir, Rebel Rising, is set to be released in the UK this week following its earlier release in the US.
- Baron Cohen's representatives rejected the allegations of bad behavior on set and applauded the removal of Wilson's defamatory claims from the UK edition of the book.
Britain unveils its next-gen main battle tank: Rheinmetall BAE Systems Land (RBSL) has rolled out Europe’s most advanced tank, the latest Challenger 3 prototype ...
defence-blog.com/britain-unveils-its-next-gen-main-battle-tank/
Controversial deportation regulation: Sunak's Rwanda policy apparently drives migrants to Ireland
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Three arrested over Channel migrant deaths: The men were arrested on suspicion of facilitating illegal immigration and of entering the UK illegally, police said.
bbc.com/news/uk-68890850
Two horses which bolted through central London in a 'serious condition'
news.sky.com/story/two-horses-which-bolted-through-central-london-in-a-serious-condition-13122508
How Wind Power Is Taking Over the UK Power Grid: The UK’s power grid is off to its greenest start ever this year.
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Violence breaks out at St George's Day event in central London: The Metropolitan Police released footage showing a group of men - some draped in St George's ...
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Bully dog found beheaded and burnt near child's playground in London: A Bully dog was discovered beheaded, cut into pieces and burnt at a park in Tottenham ...
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UK Regulator Plans to Broaden Scope of ESG Investing Regulations: The UK’s Financial Conduct Authority is planning to expand the scope of its ESG investment ...
bloomberg.com/news/articles/2024-04-23/uk-regulator-plans-to-broaden-scope-of-esg-investing-regulations
Trevor Francis leaves £1.9million in will but his sons won't receive a penny: Former England international striker and Crystal Palace manager Trevor Francis ...
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Almost Half of UK Tax Collectors Miss Target to Work in Office: Almost half of Britain’s tax collectors are failing to meet the government department’s ...
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StanChart Tells Clients Craving Oil, Copper to Beware Inflation: Some Standard Chartered Plc clients are increasingly favoring tangible assets like copper and ...
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Rishi Sunak Enters Rwanda Migration Plan Endgame With UK Tories Fearing Failure: As Rishi Sunak’s flagship migration policy enters its endgame next week ...
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Paid articlePaid Got any questions for our Head of Investigations @pmorganbentley ?
He'll be responding to people at 5pm on @Reddit Show more
Quick Glance: Innovative Advertising Strategies on Reddit
- Reddit recently introduced an innovative ad format aimed at selling products to Reddit users.
- Through Reddit's Dynamic Product Ads, users are automatically shown ads based on their previous interactions with products on the advertiser's website or on Reddit.
- In a blog post, Reddit emphasized its clear focus on ad sales and the natural commercial aspect of the Reddit community.
- The introduction of Dynamic Product Ads is a step in Reddit's strategy to expand its advertising business and drive growth.
Boris Johnson breached rules by not disclosing links with hedge fund: Whitehall watchdog accuses former UK prime minister of being ‘evasive’ around tie to Merlyn ...
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Paid articlePaid I’m a leftie, he likes Priti Patel: how I fell for my Tory boy: Can you make a relationship work when you’re on opposite sides of the political divide? Yes ...
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Paid articlePaid UK grocery inflation falls to 30-month low: Grocery price growth eases to 3.2% in four weeks to mid-April as retailers focus on special offers
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Paid articlePaid No one will miss Avanti – Labour’s train plans make perfect sense: We care deeply about being able to travel by train, on time, in comfort and for a reasonable ...
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Spotify hits record quarterly profit as it enters ‘new phase’: Pioneer of music streaming kicks off more mature era for its business after years of freer ...
ft.com/content/b6353fb2-a149-46ae-bb12-901e65d2c445
UK police charge two men with spying for China
reut.rs/4aHN4XD
Quick Glance: Charges Filed Against UK Ex-Parliamentary Researcher for 'China Espionage'
- London's Metropolitan Police has accused two men, researcher Christopher Cash and Christopher Berry, of violating the Official Secrets Act.
- The charges coincided with the announcement of the arrest of three German nationals suspected of spying for China and accessing secret maritime technology by German investigators.
- The British duo is alleged to have transmitted 'articles, notes, documents or information' to a foreign state between 2021 and the previous year.
- In September, the Met Police disclosed the arrest of a man in his twenties on espionage suspicions. The Sunday Times revealed his parliamentary researcher identity.
'I'm 73 and my toy boy is 34 years younger - sex is great and he does my chores': A 73-year-old woman has revealed how she fell head over heels for a man 1 ...
mirror.co.uk/lifestyle/sex-relationships/relationships/im-73-toy-boy-34-32676107
US Says Australia, UK Don’t Yet Meet Pacific Accord Requirements: Australia and the UK don’t yet meet arms export standards required for the Aukus partnership ...
bloomberg.com/news/articles/2024-04-25/us-says-australia-uk-don-t-yet-meet-pacific-accord-requirements
Paid articlePaid Mount Fuji view to be blocked as tourists overcrowd popular photo spot: Fujikawaguchiko town official says choice to erect huge barrier is ‘regrettable’ and last ...
theguardian.com/world/2024/apr/26/fujikawaguchiko-town-japan-block-mount-fuji-view-overcrowding
Quick Glance: Japanese Town Blocks View of Mt. Fuji Due to Overtourism
- Fujikawaguchiko, a Japanese resort town, is overwhelmed by tourists seeking views of Mount Fuji.
- Reports of tourists disregarding rules, leaving litter, and climbing roofs for better photos have led to the decision to install a barrier.
- A 8-foot high, 22-yard long mesh net will obstruct the mountain view to address the situation caused by disrespectful visitors.
- Japan is addressing overtourism issues by implementing measures to control unruly tourists and manage record-breaking visitor numbers.
I gave my 13 year-olds beers at home – and they’re fine, so far: Alison, a mother of two from London, allows her teenage sons to have some alcohol at home and ...
inews.co.uk/inews-lifestyle/13-year-olds-beers-done-them-any-harm-3024420
Nestlé hit by slowing frozen pizza sales in North America: US consumers’ changing habits in response to high prices takes toll on demand
ft.com/content/410bc0da-f2b0-4836-b114-e59921f8b41d
US, UK, Japan Propose Additional World Bank Funds to Boost Lending: Eleven rich countries including Japan, the UK and US proposed providing the World Bank with ...
bloomberg.com/news/articles/2024-04-19/rich-nations-propose-11-billion-for-world-bank-to-boost-lending
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Lawsuit accuses Grindr of illegally sharing users' HIV status: LGBTQ+ dating app's maker previously denied selling sensitive user data
theregister.com/2024/04/22/class_action_suit_data_protection_uk_grindr/
Quick Glance: Lawsuit Alleges Grindr's Unauthorized HIV Status Disclosure
- A group of 670 individuals have joined a class action lawsuit against LGBTQ+ dating app Grindr in the UK seeking damages for the alleged unauthorized disclosure of HIV status and other sensitive data to third parties.
- The lawsuit claims that Grindr violated UK data protection laws by sharing user data without consent, particularly data disclosed before April 3, 2018, and between May 25, 2018, and April 7, 2020.
- Researchers from SINTEF in 2018 published information indicating that Grindr was sharing user data, including HIV status, with analytics companies, sparking intense criticism and prompting changes to the company's privacy policy.
- Grindr was fined 65 million Norwegian kroner for violating GDPR consent rules, leading to further legal issues in the US.
Academics at UK universities face vetting to counter Chinese spies: MI5 review finds that national security is at risk because hostile states are attempting to ...
thetimes.co.uk/article/academics-at-uk-universities-face-vetting-to-counter-chinese-spies-3rqlznqg7
Paid articlePaid Kate Garraway goes 'missing' from Good Morning Britain as she's replaced: Good Morning Britain viewers were left puzzled today as Kate Garraway failed to appear ...
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Frank Field, Labour MP and peer, dies aged 81: Former minister revealed last year that prostate cancer had spread to his jaw
thetimes.co.uk/article/frank-field-dies-dead-labour-mp-3q5dsl0nt
Paid articlePaidQuick Glance: Farewell to Frank Field: A Life Dedicated to Social Justice
- The former Labour minister and advocate for poverty alleviation, Frank Field, has passed away at the age of 81.
- Throughout his career in Westminster, Lord Field championed social causes such as child poverty and modern slavery for over four decades.
- Field succumbed to a long battle with cancer in a care home in London. He advocated for a 2021 bill on assisted dying in England and Wales.
- His family emphasized that Field will be mourned by admirers in the political realm, but most of all missed by those fortunate enough to have experienced his laughter and friendship.
Councillor feared being killed in row over birds’ nests: Owner of Leeds East airport attacked parish council chairman in quiet village
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Paid articlePaid UK spending watchdog should probe Teesside freeport project, say MPs: Michael Gove urged to instruct the NAO to investigate concerns raised by review of flagship ...
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Handbags and China demand boost sales at Hermès : Maker of Birkin bags beats expectations with strong demand for leather goods and jewellery as it defies luxury ...
ft.com/content/75033288-8e69-42e1-b4cf-5457a9c129a9
England and Scotland: Two million Brits report Long Covid symptoms: Since the start of the corona pandemic, the number of long-term sick people in Great Britain ...
spiegel.de/ausland/long-covid-in-grossbritannien-zwei-millionen-menschen-berichten-von-symptomen-a-f3d06eb6-553d-4f32-be34-d39194c4128e
UK insurers told to keep motor charges 'reasonable' after backlash: The Association of British Insurers (ABI) told its members on Thursday to keep monthly ...
reuters.com/world/uk/uk-insurers-told-keep-motor-charges-reasonable-after-backlash-2024-04-24/
Make Shopping Fun Again: Julian Harris: Grocery shopping — you either love it or hate it.
bloomberg.com/news/newsletters/2024-04-25/make-shopping-fun-again-julian-harris
Prince Harry 'furious and in tears' over Frogmore Cottage eviction: King Charles requested that he give up the keys to the cottage on Windsor Great Park ...
metro.co.uk/2024/04/21/prince-harry-furious-tears-frogmore-cottage-eviction-20687185/
Man and woman charged over £1000 dine and dash theft: Ann McDonagh, 39, and Bernard McDonagh, from Port Talbot in Wales, have been charged with five counts of ...
metro.co.uk/2024/04/24/two-people-charged-dine-dash-spree-wales-20709589/
AFC Joins $20 Billion Morocco-to-UK Subsea Power Export Project: Africa Finance Corp. will join a group of companies developing a project to produce solar and ...
bloomberg.com/news/articles/2024-04-22/afc-joins-20-billion-morocco-to-uk-subsea-power-export-project
UK inflation falls less than expected to 3.2% in March: Rate continues to drop but economists had forecast a decline to 3.1%
ft.com/content/f70f52d1-87ac-42f9-a0c3-be3e5e88d711
Paid articlePaidQuick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Freezing nights to come before Arctic air moves away from UK over weekend: The Met Office said temperatures in parts of northern England and Scotland could ...
itv.com/news/2024-04-24/freezing-nights-to-come-before-arctic-air-moves-away-from-uk-over-weekend
What are the new post-Brexit border controls starting on April 30?: On April 30, the second phase of Britain's new post-Brexit border controls for food imports ...
reuters.com/world/europe/what-are-new-post-brexit-border-controls-starting-april-30-2024-04-22/
‘I’ll be happy on the UK state pension in Italy, a glass of wine is just £2.50’: Linda Winter sold her £250,000 property in Plymouth and bought a 15th-century ...
inews.co.uk/news/world/happy-uk-state-pension-italy-3015869
UK agriculture department slammed for paper pushing despite tech splurges: Defra is counting contractors like sheep
theregister.com/2024/04/26/defra_pac_legacy_tech/
UK car output falls in March as EV-transition gears up, says industry body: Britain's car production fell 27.1% year-on-year in March as manufacturers wound down ...
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The UK Stock Market is Shrinking. Here's How to Save It.: Endless outflows need to be stopped — Charles Hall of broker Peel Hunt explains how and why.
bloomberg.com/news/newsletters/2024-04-19/the-uk-stock-market-is-shrinking-here-s-how-to-save-it
Fintech firm Revolut plans to hire 1,500 staff by end of year: British fintech company Revolut has added nearly 2,000 employees since the start of 2024 and plans ...
reuters.com/business/finance/fintech-firm-revolut-plans-hire-1500-staff-by-end-year-2024-04-24/
LIVE: Britain's Rishi Sunak visits military base in Poland: Reuters Live on X (Twitter)
twitter.com/i/broadcasts/1MYxNoqYLebKw
Google can’t quit third-party cookies—delays shut down for a third time: Google says UK regulator testing means the advertising tech will last until 2025.
arstechnica.com/gadgets/2024/04/google-delays-third-party-cookie-death-again-now-scheduled-for-2025/
Europe's bank earnings to offer interest rate reality check: Investors should get a clearer picture this week of whether higher interest rates are still boosting ...
reuters.com/business/finance/europes-bank-earnings-offer-interest-rate-reality-check-2024-04-22/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
China’s ageing tech workers hit by ‘curse of 35’: Discrimination against older employees particularly apparent in sector where executives openly state preference ...
ft.com/content/5cf306ad-3a39-4357-b7b3-1d2644bb13a7
Girl, 9, ‘kidnapped’ outside Harrods in London as man arrested: A man has been arrested on suspicion of kidnapping after a girl, nine, was 'snatched' ...
metro.co.uk/2024/04/23/girl-9-kidnapped-outside-harrods-london-man-arrested-20703791/
Rishi Sunak Goes to Warsaw: The Readout With Aibhe Rea: Hi there, I’m Ailbhe Rea, a Bloomberg UK Associate Editor based in Westminster. Hope you enjoy today’s ...
bloomberg.com/news/newsletters/2024-04-23/rishi-sunak-goes-to-warsaw-the-readout-with-aibhe-rea
What do we know about UK's largest bronze age find at Must Farm : An exhibition showcasing many of its finds is opening in Peterborough, close to where it was ...
bbc.com/news/articles/cx8q32rj2yjo
Tesla to cut 10% of global workforce: About 14,000 jobs set to go as brutal price war and EV slowdown hit US automaker
ft.com/content/76985413-9fcd-4ce3-aaa0-b785539c116d
Paid articlePaid BlackRock assets under management hit record $10.5tn: Net income rises 36% in first quarter
ft.com/content/52da6184-fab7-4ff4-b9d2-33e30db6ac4e
Paid articlePaidQuick Glance: Record Asset Milestone: BlackRock Reaches $10.5 Trillion
- Top asset manager reports strong first-quarter results, despite underwhelming inflows.
- BlackRock achieved a record asset milestone of $10.5 trillion and a net income increase of over one-third.
- Despite disappointing inflows, the company exceeded analyst expectations in net income and revenue.
- CEO Larry Fink emphasized growth potential and the success of a Bitcoin Exchange Traded Fund impacting ETF flows.
Investors price in growing chance of another Federal Reserve interest rate rise: While base case remains reduction in borrowing costs, options market shows a 20% ...
ft.com/content/8c5da64b-766e-4993-86f5-aac95342432a
Wet wipes with plastic will face ban by summer: Retailers will have 18 months to totally phase out plastic containing wipes in a bid to reduce pollution and ...
thetimes.co.uk/article/wet-wipes-with-plastic-will-face-ban-by-summer-jd89xvm09
Paid articlePaid UK Rejects EU Youth Mobility Scheme to Ease Travel for Young Adults: The UK government rejected the European Union’s proposal to negotiate a post-Brexit deal for ...
bloomberg.com/news/articles/2024-04-19/uk-rejects-eu-proposal-to-ease-travel-for-young-adults
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