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New tech, demographics shifts and a drive to net zero will create new kinds of work in the next decade
...Citi’s high-end private bank is one of three pillars of its wealth management business, alongside its Citi Gold brand, which caters more towards retail clients, and its “Wealth at Work” business which banks...
...“I should have done some work on Apple,” he lamented on CNBC’s Squawk Box last year....
...There might be a new deal in the works. I think they’ve heard Thames Water has a football team....
...At the Cobalt Institute we work with our members, comprising large-scale miners and their downstream customers, to ensure that responsible sourcing and due diligence is built into every aspect of their businesses...
...JPMorgan Chase, Bank of America, Wells Fargo and Citigroup collectively made $253bn in net interest income (NII) for the whole of 2023 — a 19 per cent jump from 2022’s total....
...“All of that then leads you to a view of net zero happening later,” Grant Dougans, a partner at Bain, told Energy Source....
...And net-net the winners are not the gamblers but the casino....
...Having Blizzard game licences in its portfolio is not just about the boost to its net income. Crucially it gives NetEase an edge over Tencent, its biggest local rival....
...Those figures, as well as adjusted net income of $1.47bn, all beat the expectations of analysts polled by Bloomberg....
...Citi reported net income of $3.4bn in the quarter, down 25 per cent from a year ago but better than the $2.3bn that analysts had forecast....
...The latter, whose core customers are lower income Americans living in rural areas, eked out a 0.7 per cent rise in same-store sales but suffered a 39 per cent drop in net income during the fourth quarter...
...Greater user choice may sound fine in theory, they argue, but it will challenge fundamental aspects of how services work....
...In the final quarter of 2023, net sales at Mattel were up 16 per cent year-on-year. In the company’s earnings release last month, Kreiz said: “2023 was a milestone year for Mattel....
...But even without their net inflows of $11bn in the three months to the end of March, active ETFs as a whole still attracted record amounts of investor money....
...On the same day the iShares MSCI USA Quality Factor ETF (QUAL) saw a $4.8bn jump in net inflows....
...“No matter the company’s attempt to switch focus from subscribers to financials, net [subscriber] adds is the key metric everyone wants to see,” he said....
...Aspell, whose son works at an airline, can fly for free on that carrier....
...VIV Arts is privately offering their digital work, “Mycoforest” (2024, edition of 35)....
...Net losses narrowed to $26.3mn....
...UberCheats was an attempt to see inside the gig-work algorithms....
...Nobel Prize-winning economist Ronald Coase contemplated this question in his groundbreaking work....
Cryptocurrency down 16% from its peak as net fund flows turn negative
...Last year it set out plans to diversify its reserves away from US Treasuries by spending up to 15 per cent of its net operating profits buying bitcoin....
...She told me “brilliant” climate policy work was still being done in the UK, despite the headlines about Sunak’s green rollback....
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