Coronavirus: Asian shares slide as China warns of human-to-human contact risk January 21, 2020 Asia-listed shares fell overnight as concerns grew about China’s Coronavirus after officials confirmed it can be spread through human contact. China reported a fourth death from the Coronavirus today as authorities confirmed that 15 medical staff had also been infected. The editor-in-chief of the Chinese and English editions of the Global Times has tweeted that [...]
Facebook creates 1,000 new jobs in London as it targets growth January 21, 2020 Facebook will create 1,000 new jobs in London by the end of the year. Over half of the new jobs will be in technology, including software engineering and data science, as well as development of its Workplace and Whatsapp platforms. Other roles will be in the “community integrity” team, which aims to detect and remove [...]
JPMorgan Chase buys second building in Paris as it shifts teams from London January 20, 2020 JPMorgan Chase today announced plans to buy a building in Paris to house up to 450 more staff. The acquisition of the additional seven-storey building in central Paris is part of a wider move to bolster the bank’s operations in France. JPMorgan Chase plans to move over its sales teams and then its trading operations, [...]
Rabobank invests in online mortgage broker Trussle January 20, 2020 Rabobank’s strategic investment arm, Rabo Frontier Ventures, has contributed to a £7.5m funding round in online mortgage broker Trussle. Rabo Frontier Ventures joined the latest round of funding alongside existing investors Goldman Sachs Merchant Banking Division, Finch Capital and Propel Venture partners. The fresh round of funding brings Trussle’s total to £26.7m after the tech [...]
Queen join Her Majesty on commemorative coin January 20, 2020 Queen have become the first band to appear alongside Queen Elizabeth II on a commemorative coin available from today. The Royal Mint announced that the coin is the first in its “Music Legends” collection. The coin commemorates all four members of the band and includes their instruments. The group’s logo is placed in the centre, [...]
Number of Coronavirus cases rise in China as infection spreads January 20, 2020 China has reported 139 new cases of a mysterious new virus dubbed the Coronavirus in just two days. While the cases have centred on the capital of central China’s Hubei province, Wuhan, South Korea reported its first confirmed case today. It follows two cases in Thailand and one in Japan. Health officials said that two [...]
CMA launches probe into Future’s TI Media merger January 20, 2020 The Competition and Markets Authority (CMA) announced today that it is investigating whether Future’s proposed acquisition of TI Media could harm competition. In October 2019, the publisher said it planned to acquire magazine printer TI Media, which owns popular titles Country Life and Marie Claire, for £140m in cash. The CMA said it was considering [...]
China repeats call for Canada to release Huawei CFO Meng Wanzhou January 20, 2020 China called again on Canada today to release detained Huawei finance chief Meng Wanzhou as soon as possible ahead of an extradition hearing. Foreign ministry spokesman Geng Shuang said Canada should correct its “mistake” in arresting the executive, who is the daughter of Huawei chief executive Ren Zhengfei. “The resolve of the Chinese government to [...]
Cautious lenders left companies with lowest level of credit since 2008 January 16, 2020 The amount of credit made available to corporates last quarter fell to a level not seen since the Global Financial Crisis. The Bank of England’s (BoE) credit conditions survey released today showed that available credit for corporates fell for its sixth successive quarter in the fourth quarter of 2019. It dropped to minus 9.2 in [...]
20,000 women apply to become Japanese billionaire Yusaku Maezawa’s girlfriend January 16, 2020 Applications to become Japanese billionaire Yusaku Maezawa’s girlfriend have topped 20,000, streaming site AbemaTV said today. It comes ahead of a documentary which will follow Maezawa’s search for a “life partner” to take to the moon. The Japanese billionaire made headlines last September when it was announced that he will be the first private passenger [...]
