Fund management ‘irretrievably broken’, says star investor

The star technology investor James Anderson has taken a parting shot at fellow fund managers addicted to the “near pornographic allure”. The outgoing co-manager of the FTSE 100-listed Scottish Mortgage Investment Trust…

Divided We Stand: Why We Must Resist Political ‘Unity’

Meanwhile, Republicans (and some Democrats) charge the administration with hypocrisy because its radical programs can’t garner a legislative majority — let alone the consensus support the word “unity”. The demand…

Volvo Cars to Explore Possible IPO

BERLIN—Volvo Cars, the Swedish auto maker owned by Zhejiang Geely Holding, said Wednesday that it is exploring a potential listing on the Nasdaq Stockholm index through an initial public offering.. Mr. Samuelsson has long…

Ericsson to pay €80m to Nokia in bribes case

— Reuters pic STOCKHOLM, May 12 — Swedish telecoms equipment maker Ericsson said today it had agreed to pay Finnish competitor Nokia €80 million (RM400 million) to settle a dispute linked to bribes and accounting fraud…..

Ericsson to pay 80 million euros to Nokia in bribes case

Swedish telecoms equipment maker Ericsson said Wednesday it had agreed to pay Finnish competitor Nokia 80 million euros ($97 millions) to settle a dispute linked to bribes and accounting fraud.. The settlement is related…

From coffee to cars: how Britain became a nation of subscribers

If the Covid-19 era has taught us one thing about ourselves and our fellow humans, it that we really like coffee.. More proof came on a Tuesday in early September last year when Pret a Manger launched its in-shop coffee subscription…

Climate change threatens winged harbinger of spring

A globe-trotting adventurer The Arctic tern is a great traveller, and spends most of the year on the move, with long periods over the ocean.. In Europe, during the summer months, it can be found from Brittany in the south,…

EPEX Spot Power Intraday Markets up 28 per cent in April

The Power Intraday Markets, operated by EPEX Spot, increased by 28 per cent in April 2021, reaching a volume of 10.7 TWh (April 2020:. The German and Danish Intraday markets reached new monthly records with 6.1 and 0.2 TWh…

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