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Missing the Goldman Facts: Goldman Sachs Fined by the FCA
Banking / Finance

Missing the Goldman Facts: Goldman Sachs Fined by the FCA

US investment bank Goldman Sachs has been fined £34 million by the Financial Conduct Authority.

0 Comments
April 17, 2019
Listening In: Huawei Forced out of Countries’ 5G Networks over Fears of Espionage
Competition / Politics / Technology

Listening In: Huawei Forced out of Countries’ 5G Networks over Fears of Espionage

Chinese electronics company Huawei faces the risk of being forced out of numerous countries’ 5G infrastructure. Countries have started to fear that the Chinese Government is using it for espionage.

0 Comments
April 17, 2019
Prepare for Turbulence: Boeing Cut Monthly Production of Its Aircraft
Miscellaneous

Prepare for Turbulence: Boeing Cut Monthly Production of Its Aircraft

Aircraft manufacturing giant Boeing has announced plans to cut monthly production of its best-selling 737 aircraft by nearly 20%.

0 Comments
April 15, 2019
When Life Gives you Lehman Make Lemonade: HMRC Could Claim £1bn in Taxes from the Lehman Brothers Collapse
Banking / Finance / Insolvency

When Life Gives you Lehman Make Lemonade: HMRC Could Claim £1bn in Taxes from the Lehman Brothers Collapse

A Supreme Court ruling means that HMRC (the government body responsible for collecting taxes) is set to receive £1 billion in taxes over the Lehman Brothers collapse back in 2008.

0 Comments
April 15, 2019
Reignite My Fire: Slaughter & May and Eight Others Join a Diversity Hiring Scheme
Diversity

Reignite My Fire: Slaughter & May and Eight Others Join a Diversity Hiring Scheme

Slaughter and May are among nine new firms who have signed up to a diversity scheme which allows lawyers who have taken a career-break back to City law firms.

0 Comments
April 12, 2019
Coping with Competition: FCA Uses its Competition Enforcement Powers
Competition / Finance

Coping with Competition: FCA Uses its Competition Enforcement Powers

For the first time ever the Financial Conduct Authority (FCA) has decided to use its competition enforcement powers.

0 Comments
April 11, 2019
New Silk Road: Next stop – Italy
International Relations / Politics

New Silk Road: Next stop – Italy

Italy becomes the first developed economy and the latest country to join the ambitious Chinese Belt and Road Initiative (BRI).

0 Comments
April 10, 2019
Highway to Heaven: Uber accelerates toward Careem
Competition / Mergers & Acquisitions / Technology

Highway to Heaven: Uber accelerates toward Careem

Uber will acquire its Middle Eastern rival ‘Careem’ for £2.4bn. This is the largest technology transaction ever in the region, eclipsing Amazon’s acquisition of Souq (a Middle Eastern e-commerce company) in 2017 for £440m.

0 Comments
April 8, 2019
Rapidly Descending: Icelandic airline Wow Air goes bust
Insolvency / Miscellaneous

Rapidly Descending: Icelandic airline Wow Air goes bust

Following its failure to secure funds from investors, Wow Air ceased operations and cancelled all its flights on the 28th of March.

0 Comments
April 8, 2019
Developing Diversity: Clifford Chance releases more diversity figures than legally required
Diversity

Developing Diversity: Clifford Chance releases more diversity figures than legally required

Clifford Chance has opted to release sexuality, ethnicity and disability figures alongside the required gender pay gap data.

0 Comments
April 5, 2019
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