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News

  • May 14, 2024

Every little helps: Tesco chief’s pay more than doubles to nearly £10m

The pay of the chief executive of Britain's largest supermarket, Tesco, more than doubled to nearly £10m last year, it has been revealed.

  • May 14, 2024

Elizabeth Line shines as it carries a record number of passengers

A record number of City commuters are using the Elizabeth Line, new data shows, despite concerns about a recent downturn in performance.

  • May 14, 2024

Government rejects bid to ban NDAs in all harassment cases after sexism in the City probe

The government has refused a recommendation from an influential group of MPs to ban the use of non-disclosure agreements (NDAs) in all harassment cases, following its probe into sexism in the financia

  • May 14, 2024

Credit Suisse-UBS merger: Withers preps Hong Kong arbitration claim against Switzerland

Law firm Withers is prepping an international arbitration against the Swiss government for its role in the merger of Credit Suisse and UBS

  • May 14, 2024

JP Morgan in English legal battle with its European joint venture Viva Wallet

JP Morgan and the majority owner of Greek payments firm Viva Wallet are battling each other at a court this week over the valuation of its joint venture.

  • May 14, 2024

Klarna lawyers drafting contracts with ChatGPT and 9 in 10 staff using AI everyday

But the adoption of AI at Klarna has impacted its hiring strategy. The firm recently said that AI was doing the job of 700 full-time workers.

  • May 14, 2024

Gamestop’s last gasp: A joke that has gone on too long

Gamestop bounced back into the headlines yesterday, with the meme stock's price more than doubling within an hour of the market opening.

  • May 14, 2024

AI washing: How companies are using AI hype to bump up their share prices

Overplaying claims about artificial intelligence in the hope of creating a 'halo effect' around their company and boosting their stock price is a new fad, spanning across a variety of sectors.

  • May 14, 2024

Chinese ambassador summoned after three charged with ‘assisting a foreign intelligence service’ related to Hong Kong

In a statement, the police said it was not related to a recent counter-terror operation linked to the Kremlin.

  • May 14, 2024

London-listed IQGeo shares soar as board agrees private equity takeover

IQGeo said it has received binding agreements to accept the takeover by private equity firm KKR from several shareholders.

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