Recent Posts

Corporate leaders scrap shareholder-first ideology

Jamie Dimon, head of banking giant JP Morgan, chairs Business Roundtable One of the US’s most powerful business groups has abandoned the shareholder-first idea that has driven capitalism for decades. The statement marks the first time the nearly 50-year-old group has said shareholder value is not the first priority. Shareholder …

Read More »

US delays Huawei trade ban for another 90 days

Image copyrightGETTY IMAGES The US Commerce Secretary, Wilbur Ross, has confirmed a ban on Chinese technology giant Huawei will not come into force for another 90 days. However, Mr Ross added a further 46 Huawei affiliates would now be added to the US Entity List, a blacklist of firms with …

Read More »

Lightning strike ‘partly to blame’ for power cut

Image copyrightPA MEDIATrain passengers were guided by torchlight at some stations during the power cut A lightning strike and the sudden loss of two large electricity generators caused nearly a million people to lose power in England and Wales  earlier this month, an interim report has found. Image copyrightJAMES MARLOWPassengers travelling …

Read More »