Author: IA PressRoom

The head of Peel Hunt, one of the City’s biggest brokers, has dismissed fears that there will be a rush of companies quitting London to list in New York, saying the step would only make sense for businesses with the vast majority of their operations in the US.Concerns over London’s ability to attract new listings deepened this week after WE Soda, the world’s largest soda ash maker, ditched plans for a $7.5bn initial public offering.The capital’s struggle to persuade companies to float has already hit Peel Hunt, which advises UK businesses on IPOs and deals, as well as supplying research…

© Reuters. FILE PHOTO: Microsoft founder Bill Gates reacts during a visit with Britain’s Prime Minister Rishi Sunak of the Imperial College University, in London, Britain, February 15, 2023. Justin Tallis//Pool via REUTERS/File Photo BEIJING (Reuters) -Chinese President Xi Jinping called Bill Gates “an old friend” and said he hoped they could cooperate in a way that would benefit both China and the United States, in Xi’s first meeting with a foreign entrepreneur in years. In a meeting at Beijing’s Diaoyutai state guest house, where China’s leaders have traditionally received senior foreign visitors, Xi said he was very happy to…

© Reuters. FILE PHOTO: Travelers wait in front of a FlixBus bus at Bercy bus station in Paris during a strike by train guards at France’s state-owned railway operator SNCF with major disruption for Christmas holidays in France, December 23, 2022. REUTERS/Noemie Oli By Pablo Mayo Cerqueiro and Emma-Victoria Farr (Reuters) – German bus services firm Flix, owner of the Greyhound brand in North America and FlixBus in Europe, has stepped up preparations for a possible stock-market listing, two sources familiar with the matter told Reuters. Flix has invited investment banks to pitch to manage its share sale in recent…

Source: Adobe /  JHVEPhotoBillionaire tech investor and Shark Tank star Mark Cuban called out the U.S. Securities and Exchange Commission (SEC) earlier this week for throwing crypto startups “under the bus” with its approach to regulating the blockchain industry.His comments were part of a lengthy debate with former SEC official John Reed Stark – a crypto skeptic who disagrees with the “number one talking point of crypto-enthusiasts” about a “lack of regulatory clarity in the cryptoverse.”Cuban replied to Stark by citing a specific example of a crypto startup seeking to register with the SEC, which was merely told by the…

John McClellan is a friend and former colleague of mine who exemplifies excellence as a classroom teacher. He gave up his lunches to provide extra help to students. He spent countless hours constructing ways to spark a passion for mathematics and even created a scholarship to help offset the cost of college for a deserving student.  Then he decided to take paternity leave. I’m ashamed to say that at the time I didn’t feel like what he was doing was right. I thought paternity leave was only done in other countries. I certainly didn’t expect someone so devoted to his…

But Mr. Smith’s team has also taken pains to spare the former president unnecessary embarrassment or inconvenience, as evidenced by their deferential attitude at the arraignment toward Mr. Trump and his co-defendant, Walt Nauta.The U.S. Marshals Service, a branch of the Justice Department responsible for law enforcement at federal courts, adopted a similar tack. They booked Mr. Trump quickly and quietly in an office in the courthouse, registering his fingerprints electronically but eschewing a mug shot “because there are plenty of pictures of him” to choose from, according to a federal law enforcement official who briefed reporters afterward.Mr. Smith’s decision…

Our experts answer readers’ insurance questions and write unbiased product reviews (here’s how we assess insurance products). In some cases, we receive a commission from our partners; however, our opinions are our own. Travel insurance covers the non-refundable parts of your trip and any medical expenses from an injury. The average cost of travel insurance is $248 per trip. Policy type, trip cost, destination, age, and the number of travels are factors that impact your premiums.  See Insider’s list of the best travel insurance » Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while…

European Central Bank policymakers are split over how much longer they will need to keep raising interest rates beyond their next policy meeting to tackle stubbornly high inflation.Bundesbank president Joachim Nagel, one of the more hawkish ECB council members, said there was still “a long way to go” to reach the central bank’s inflation target of 2 per cent, even after rate-setters raised the benchmark deposit rate by a quarter-point to 3.5 per cent on Thursday — its highest level since 2001.“We may need to keep raising rates after the summer break,” Nagel said in a speech in Amsterdam. His…

© Reuters. FILE PHOTO: U.S. Transportation Secretary Pete Buttigieg speaks during the National Action Network National Convention in New York, U.S., April 12, 2023. REUTERS/Jeenah Moon/File Photo MEXICO CITY (Reuters) – Mexico has extended the deadline for cargo airlines to move operations from the capital’s main airport to a farther-away one until September following U.S. Transportation Secretary Pete Buttigieg’s visit to the country, a local paper reported Friday. Buttigieg had asked Mexican President Andres Manuel Lopez Obrador for more time to make the switch on behalf of worried U.S. airlines, the director of the Mexico City International Airport told outlet…

Source: AdobeBinance is under investigation by French authorities for “acts of aggravated money laundering,” an official for the Paris public prosecutor’s office told Bloomberg. The world’s largest cryptocurrency exchange is also being investigated for the “alleged illegal provision of digital asset services, the official said.A Binance spokesperson said the exchange had an onsite visit by French authorities last week, according to Bloomberg.“In France, on-site visits by regulators and inspectors are part of regulatory obligations to which all financial institutions must adhere,” the spokesperson said to Bloomberg, and added that Binance abides by all laws in France.CoinDesk reported the news about France’s…