Focus harder to rival China’s vast global investment plan, Brussels is told – POLITICO
The next round of investments — set to be decided later this year — should focus on so-called geographic “corridors”...
archiveCompanies
Does the EU have what it takes to fight China on green tech? – POLITICO
“First off, the FSR targets only individual companies. After one company withdraws, another might just compete in the next tender....
Fund that buys when firms are ‘toddlers’ (and sells as teenagers)
It is all change at UK fund manager Tellworth. The business, set up seven years ago by Paul Marriage and...
Pension funds should want to boast about backing Britain
One of the factors that inspired our cover feature on bargain British shares is the prevailing cloud over the London market helping to keep prices depressed, and the reminders of that undervaluation in the form of a stream of offers, takeovers and departures. Even oil giant Shell, London’s largest listed company, hasn’t ruled out relocating to a more supportive market. Travel firm Tui left London for good this week and poorly performing RedX Pharma and e-Therapeutics have announced their respective delistings from Aim.Value can be found in abundance across the market...
Fraud-busters swoop on Greek contracts involving €2.5B of EU recovery funds – POLITICO
Alleged bid-rigging The complaint by European Dynamics was transferred to OLAF, which sent it to the EPPO for investigation for...
Lloyds cuts risk management roles in bid to ‘move at greater pace’
Lloyds is cutting risk management jobs after concluding that its overly cautious approach is holding back growth.Roles are to be...
EU unleashes arsenal of defense acronyms to fight Putin – POLITICO
ASAP — Act in Support of Ammunition Production What is it? ASAP is an EU regulation, part of a three-step...
Fate of Thames Water to be decided by Chinese banks
Thames was plunged deeper into crisis last month when its owners refused to honour a pledge to pump nearly £4bn...
US Bitcoin ETFs are a ‘monumental milestone’ says Coinbase UK CEO, while ETNs in the UK are a ‘positive step’
Markets • March 16, 2024, 6:54AM EDT The upcoming availability of crypto exchange-traded notes is a positive step forward for...
Will banking M&A pick up this year?
Takeovers expand balance sheets without straining themNatWest poised to free itself and grow There has been a distinct danger over the past decade that memories of deal-hungry banks pulling off mega-takeovers and challenging for global dominance might have faded into a folk tale of the sector’s former glories.However, with Barclays (BARC) and building society Nationwide buying Tesco Bank and Virgin Money (VMUK), respectively, the UK’s financial institutions are again finding ways of deploying their excess capital that do not involve sticking strictly to dividends or buybacks. At the same time,...