Sunday, 7 Jul 2024

Analysis & Comment

Read the latest Analysis & Comment News from around the UK. Get all the headlines, pictures, video and analysis on the stories that matter to you…

Singapore GE2020: ‘Life and death’ for PAP and opposition

Under normal circumstances, GE2020 would count as one of the more interesting general elections. With the Covid-19 pandemic, it has become an extraordinary one for the record books. There is plenty to look out for. On the ruling party’s side, it is probably Mr Lee Hsien Loong’s last electoral battle as prime minister as he […]

Airdrie rallies and repaints Pride walkway after acts of vandalism

It was such a painful symbol of hate: targeted vandalism that impacted the LGBTQ+ community and its allies. There were two consecutive attempts to deface Airdrie’s rainbow walkway. Many people in the community were in disbelief. The pathway was spray-painted with homophobic graffiti, and in a separate incident, someone tarred and feathered a section of […]

Britain and India's Bharti win auction for OneWeb satellite company

LONDON (Reuters) – Britain has joined forces with India’s Bharti Global to buy the collapsed satellite operator OneWeb, with the two sides pledging $1 billion between them to develop a constellation that could boost broadband and other services. Under the deal announced on Friday, Britain will invest $500 million and hold a stake of around […]

Dun & Bradstreet shares rally in U.S. market debut

(Reuters) – Shares of U.S. business analytics firm Dun & Bradstreet Holdings Inc DNB.N ended trading up 15% in their market debut on Wednesday, riding on the back of a recent recovery in investor appetite for new stocks. Shares closed at $25 on the New York Stock Exchange, compared to their initial public offering (IPO) […]

Commentary: Despite Brexit, I’m proud to be a Brit

This is a fine time to be British. Indeed, to be proud to be British. You would not, to be sure, think so from this past week in London – as the House of Commons humiliated Prime Minister Theresa May by throwing out her plan for Brexit in Tuesday by 432 votes to 202 – […]

ECB lowers bar for bank mergers in hope of spurring consolidation

FRANKFURT (Reuters) – The European Central Bank is lowering the bar for bank mergers in the euro zone, hoping to encourage an elusive wave of consolidation in a sector plagued by low profits and unresolved issues inherited from the last financial crisis. In a guide published on Wednesday, the ECB clarified that merged entities won’t […]

BP sells petchems arm for $5 billion in energy transition revamp

LONDON (Reuters) – BP (BP.L) has agreed to sell its global petrochemicals business to billionaire Jim Ratcliffe’s Ineos for $5 billion, pulling out of a sector widely seen as a key driver of oil demand growth in the coming decades. The surprise move means BP has hit its $15 billion asset sales target a year […]

Mental health, diversity among focuses of Edmonton’s new fire chief

Edmonton’s new fire chief said two of his main focuses as he takes over the reins of the city’s fire department will be the mental health and wellness of staff, as well as fostering diversity within the service. Joe Zatylny was announced as the new chief of Edmonton Fire Rescue Services in May. He takes […]

UBI shareholder Parvus to decide soon on Intesa's offer

MILAN (Reuters) – Parvus Asset Management Europe, a major UBI shareholder, will decide whether to accept Intesa Sanpaolo’s takeover offer for the Italian bank after publication of the official document on the deal, Parvus’ founder said on Wednesday. Intesa Sanpaolo (ISP.MI), which unveiled a proposed bid for smaller rival UBI Banca (UBI.MI) in February to […]

Credit Suisse agrees deal to buy into Brazilian digital broker modalmais

SAO PAULO (Reuters) – Credit Suisse (CSGN.S) has agreed a deal with digital broker modalmais that could see it buy a stake of up to 35% in the Brazilian company, the Swiss bank said in a statement on Tuesday. Modalmais has nearly 1 million clients, to whom Credit Suisse expects to sell its wealth management […]