How long can Russia withstand the sanctions? April 12, 2022 | City Talk In response to its invasion of Ukraine, Russia has been targeted with severe economic sanctions. How impactful will they be? We have yet to see a serious, data-driven analysis. Some predict the embargo will initiate a Russian financial collapse very quickly, while others expect it will constitute more of a long and slow drag on [...]
Cybersecurity: Opportunities – and Challenges – for UK TMT M&A April 12, 2022 | City Talk Cybersecurity is expected to be the biggest challenge and opportunity facing technology, media, and telecommunication (TMT) mergers and acquisitions professionals (M&A) in 2022, according to new research by Datasite, which surveyed 200 senior UK M&A professionals. The survey found that 54% of UK CEOs and 46% of senior M&A professionals said that cybersecurity presents the best [...]
PE view: Value creation through digitalization in M&A April 12, 2022 | City Talk The use of AI in M&A has become critical in terms of efficiency, timing, and transparency in dealmaking. The volume of data in data rooms has exploded. Technology and automation is working overtime as dealmakers look for solutions to shorten the M&A cycle. In a recent survey, 64% of the 2,000+ dealmakers polled believe that [...]
1 Minute Market Rundown – 12th April 2022 April 12, 2022 | City Talk Russia – UkraineNew Week, Same StoryCrypto SofterUS CPI in Focus It may be a new week but it certainly feels like the same story. Following FED member Brainard’s hawkish comments last week, markets continue to reprice in an incredibly hawkish FED. The current landscape seems quite straightforward: yields higher, risk markets lower and the USD [...]
Chief of PageGroup recruitment firm reveals plans to step down after 16 years at the helm April 12, 2022 The chief executive of PageGroup recruitment firm has revealed plans to to step down after 16 years at the helm. The announcement was made after the company had record results in the first quarter of the year, with almost £260m in gross profit, up more than 40 per cent on 2021. Making the announcement about [...]
Oil prices slump below $100 as IEA floods market and Shanghai lockdown cuts demand April 11, 2022 Oil prices have plummeted four per cent on both major benchmarks, with prices below $100 per barrel again after last month's rallies.
How are the FTSE 100, Dow & Dax faring? April 11, 2022 | City Talk Ahead of the ECB committee meeting, BOC rate decision and US earning season, we provide an outlook on how futures are positioned. FTSE 100 The FTSE 100 gained over 1% last week as most US, Asian and European equity indices ended the week in negative territory, weighed down by a firm hawkish outlook from the [...]
EU pushes OPEC to boost oil output as bloc weighs up ban on Russian supplies April 11, 2022 European Union (EU) officials will hold talks with OPEC representatives today in Vienna, amid growing calls for the cartel to boost supplies.
Palladium prices soar as London suspends Russian refiners April 11, 2022 Palladium prices have continued to climb today - closing in on $2,500 per ounce following a nine per cent spike last Friday.
Italian lottery operator Sisal mulls joining Camelot’s High Court challenge April 10, 2022 Italian lottery operator Sisal is considering teaming up with Camelot to challenge the Gambling Commission’s decision to pick Czech firm Allwyn to run the UK’s National Lottery. Sisal is weighing up plans to back Camelot’s High Court bid to overturn the Gambling Commission’s decision, after Camelot lodged a legal challenge against the government agency earlier [...]
