This story will be updated as it develops. International Airport Review reports on all airline and airport disruptions. Many businesses worldwide are experiencing power outages. Some of these are airlines and airports, while others are healthcare providers, broadcasters and online payment companies. All times are GMT. Bee 0758the BBC reported that flights at Sydney Airport … Read more
By Jeff Prestridge Updated: 02:51 EDT, July 8, 2024 Evenlode is an employee-owned investment company that quietly makes money for its clients in its own way. The 18-strong investment team is based in Chipping Norton, Oxfordshire, and manages £5.6bn of assets with the main aim of generating ‘smooth’ returns for investors. While the £3.3bn income … Read more
Source: Pixabay/CC0 Public Domain Pseudomonas aeruginosa, an environmental bacterium that can cause devastating multi-drug-resistant infections, particularly in people with underlying lung conditions, has rapidly evolved and subsequently spread across the globe over the past 200 years, likely driven by changes in human behavior, a new study finds. The work appears in the magazine Science. P. … Read more
Stay up to date with free updates Simply register for the Chinese business and finance myFT Digest — straight to your inbox. Western financial institutions in China have cut their investment banking staff by the most in years, after a market slowdown eroded profits and halted years of expansion in the country. The cuts in … Read more
Trustnet examines the 10 active global funds with less than £100 million in assets under management. Smaller funds can be more flexible and take advantage of market volatility in a way that is difficult for larger and therefore more rigid competitors to match. The big disadvantage, however, is that they often cost more. With less … Read more
A 2023 study highlighted unexpected extreme cold events in Antarctica during a year of global heat records, emphasizing the need to understand such atmospheric anomalies for improved operational safety in the region. Credit: SciTechDaily.com A 2023 study documented unprecedented cold spells in Antarctica, which stands in stark contrast to global heat records and underlines the … Read more
Rising sovereign debt could disrupt global financial markets, the head of the body that advises central banks said on Sunday ahead of France’s high-stakes parliamentary elections. Agustín Carstens, chief executive of the Bank for International Settlements (BIS), said the global economy was heading for a “soft landing” after the inflation crisis, but he warned that … Read more
Unlock the Editor’s Digest for free Roula Khalaf, editor-in-chief of the FT, selects her favourite stories in this weekly newsletter. Nomura’s CEO is on the hunt for global acquisitions to expand the asset management business of Japan’s largest brokerage and investment bank. Kentaro Okuda said in an interview with the Financial Times that the bank … Read more
From the beginning of July, crypto exchanges and stablecoin issuers in the EU will operate under the rules of the MiCA law. The entry into force of the Markets in Crypto-Assets (MiCA) Act on 30 June will bring significant changes to the EU cryptocurrency industry. One of the key provisions of MiCA is the regulation … Read more
The uncertainty caused by a global election wave starting in France this weekend threatens to destabilize the British financial system, the Bank of England has warned. Officials are concerned about the kind of policies newly elected governments can enforce in major economies, including the US, where Donald Trump is vying for another term as president … Read more