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From its beaches to its peaks, the city offers plenty of thrills for those of an outdoorsy persuasion
...The UK’s accounting watchdog is in talks to move its headquarters out of the City of London to Canary Wharf or Stratford, as its plans to relocate staff to a second office in Birmingham face delays....
...The head of a large European buyout firm came out of the congress hall “impressed” by Milei’s speech....
...Moody’s is to leave its office in Canary Wharf in favour of new premises in the City, making it the latest high-profile financial tenant to abandon London’s Docklands for the Square Mile....
...Tractors stormed cities and blocked off several autobahn junctions. The disruption to millions of commuters has been exacerbated by a train drivers’ strike....
...In 2023, the amount of capital committed to private credit totalled $1.5tn. Of that total, $400bn is “dry powder”, committed but not yet deployed funds....
...On a global scale, the curious appeal of a snowy week of networking and partying, of garnering social kudos and hoping for a life-changing chance meeting, remains undimmed....
...The truth is that Davos is losing its relevance and increasingly seems out of touch with the spirit of the times....
...of Paradeplatz”....
...the City has shifted....
...Indeed, at the start of this week’s WEF meeting, a survey from PwC revealed that a quarter of global chief executives expect generative AI to lead to headcount reductions of at least 5 per cent this year...
...The city had an influx of wealth and business during the coronavirus pandemic, in part because of its favourable conditions for companies and high earners....
...But ski towns just a few kilometres away were suffering a dearth of snow as a result of climate change....
...Executives at the forefront of AI, including Sam Altman, the recently reinstalled chief of OpenAI, and Satya Nadella of Microsoft are among those slated to attend....
...“None of the ambitions of the next Labour government can be achieved without business. The lifeblood of economic growth is private sector investment.”...
...The co-founder and former director of Seven Investment Management sat down with host Claer Barrett to recount his decades-long City career, during which time the ability for retail investors to put their...
...AI anxiety The question of how to regulate AI was one of the most hotly debated topics at the Davos winter meeting of the World Economic Forum this year, writes Nikkei’s Juliette Perreard....
...Germany is the “tired man” of Europe in need of “a strong cup of coffee”, the country’s finance minister said on Friday, arguing the recent economic downturn was a useful wake-up call to enable the reforms...
...After careful diligence, we have narrowed down the best spots in the City (or within reasonable walking distance) for a satisfying salad lunch....
...I visit a lot of different cities for work and nothing beats my hometown....
...But here’s something few Parisians will admit: the city is approaching a new zenith of glorious liveability....
...Sam Altman, the recently reinstated head of OpenAI, Satya Nadella of Microsoft, and Arvind Krishna of IBM are all expected to speak at the annual gathering of business and political elites....
...“And what I hear very often from American companies is, the European way of regulating things ahead [of time] mitigates risk.”...
...This is an audio transcript of the Money Clinic podcast episode: ‘Investment Masterclass — An insider’s view of the City of London’ Claer Barrett Hi, it’s Claire here....
...Parts of South Africa’s largest city have been without running water for almost a fortnight, a reminder to voters of the parlous state of the country’s infrastructure just two months out from a general election...
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