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...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...Email me your thoughts at sid.v@ft.com. Latest news Amy Kazmin in Rome has a fascinating piece on why Giorgia Meloni is pushing back on Italy’s shift to digital payments....
...That’s why every quarter at Luno, we publish our Proof of Reserves report....
...But now, in our small band, I’m sorry to report that there is discord. Dissent. Russia is at war, and so are we....
...Reach out to me (imani.moise@ft.com) or Sid (sid.v@ft.com) to let us know. Happy reading!...
...The metaverse economy could grow to $8tn-$13tn by 2030, according to a recent Citigroup report....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...Male artists took 77 per cent of market share, the report finds. “The producers and buyers of NFTs are overwhelmingly white and male,” says Tokini Peterside, founder of the Art X Lagos fair....
...Automation an automatic choiceJapan Inc has found a new purpose for automation: business continuity in the uncertain era of Covid-19....
...After such strong reads from the first two releases (three if we count Russia’s Sputnik V), the disappointing AZN figures were perhaps bound to prompt downward pressure on the company’s shares....
...The flipside to this, though, is that the companies that have seen their share prices rise the most during the pandemic must be vulnerable to revenue reports that badly miss analysts’ forecasts....
...“This is not going to be a V-shaped recovery from here given the many months [or] years it will take for full repair, but it feels good now.”...
...Going forward, the federal government has ordered that only Euro-V standard fuels can be imported. Elsewhere, banks have announced policies to end financing for coal-powered plants....
...The FT’s Javier Espinoza reports on chief executive Mark Zuckerberg’s day in Brussels. For information regarding your data privacy, visit acast.com/privacy...
...A US circuit court said as much as part of the 1979 case of Zweig v Hearst Corp, which found that a newspaper columnist touting a stock could be sued for securities fraud for failing to disclose he owned...
...But, in terms of financing the deal, Xerox is a much smaller company — its market cap is only $8bn and HP Inc's is now $30bn, after its shares rose 11 per cent today on the report....
...Although its parent company, Interpublic Group Cos Inc, installed female leadership at the Martin Agency, IPG’s board remained the same....
...And now a fifth expect a “V-shaped” economic recovery, up from a 10th in the previous month....
...On the last Sunday of April 2019, a sleek Gulfstream V jet belonging to Occidental Petroleum touched down at Omaha airport....
...year and 70 per cent likelier to report that the firm captured a new market’.”...
...Xerox wants to give HP’s board its walking papers We’re all guilty of overusing the David v Goliath trope but in the case of Xerox and HP, it really does apply....
...Mr Zucker will head a combined news and sports division, which will fold CNN in with Turner’s sports network, AT&T regional sports channels and the Bleacher Report website....
...Germany's telecoms regulator says Huawei can stay in the 5G network race, the European Central Bank faces stimulus pressure over a falling inflation outlook and the FT reports that Purdue Pharma, the makers...
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