The world’s largest wealth manager has a message for any clients tempted to follow day traders into some of the equity market’s more exotic stocks in search of a fast buck: don’t even go there. With little-known companies from Fangdd Network Group to Nikola having seen their stock prices surge manyfold — sometimes in a […]
Archives for June 2020
Outfits with Covid-19 messages are all the rage among shoppers
Illustration: Rahul Awasthi Shoppers are looking at new and affordable themes for daily wear, and work-at-home outfits as the Covid-19 pandemic makes them stay put at homes. Fashion brands and online marketplaces say clothing focused on safety and hygiene, work-from-home fashion and TV show-themed apparel have resonated with youngsters. Covid-19 related messages on T-shirts like […]
Small businesses: coming back stronger
It’s been around three months since the UK went into lockdown. We’ve all read about the huge impact the pandemic is going to have on our lives in the months and years ahead. As things slowly start to reopen and we continue to adapt it’s important we don’t forget about our wellbeing. We spoke to […]
ETtech Top 5: Ecommerce firms may display product origin, Nykaa’s online sales, Season Two Ventures’ new bets & more
Happy Friday! India may soon make it mandatory for e-commerce marketplaces like Amazon and Flipkart to display the origin of the product sold on their platforms. Social media users have been calling for a boycott of Chinese goods after 20 Indian soldiers were killed in a border skirmish earlier this week. Wearing origin on sleeve […]
Early-stage fund Season Two Ventures backs five new startups in India
Illustration: Rahul Awasthi Season Two Ventures, founded by former UST Global’s CEO Sajan Pillai, has made five fresh investments in the country, at a time when most investors have slowed down deal activity hurt by the Covid-19 pandemic. The B2B-focused $100 million early-stage fund has backed digital payments startup Uvik Technologies, air quality intelligence startup […]
Consumer and business confidence vital to restore British economy, says RSM partner
Following the Monetary Policy Committee’s meeting on Wednesday, the Bank of England (BoE) announced yesterday that the base interest will be maintained at 0.1 percent and the existing quantitative easing programme of bond-buying will be expanded with an additional £100bn. Simon Hart, partner and head of international at RSM, says the BoE needs to provide […]
Editor’s Column: Why financial journalism needs supporting
A few years ago I carried out a research project for another publisher and we worked out that all the personal finance magazines put togther would equal only a fraction of the circulation of Women’s Own. It was a sobering reminder of the small footprint of the consumer personal finance titles. I was reminded […]
Tyrie to step down as CMA chairman
Lord Andrew Tyrie is to step down as chairman of the Competition and Markets Authority in September after two years in the role, the CMA has confirmed. The former MP and ex-high profile chair of the Treasury Select Committee said he plans to campaign for legislative change due to ‘limits’ on the role. Under his […]
Guest Column: 5 Adviser Tech Innovations in lockdown
As dawn broke on 17 March, we sent out the bat signal to the moneyinfo crew to implement our business continuity plan, writes Tessa Lee, MD of fintech moneyinfo. The next day we were set up in spare rooms and dining rooms across the Midlands. We’d had our first team Zoom and a Friday lunch […]
E-commerce products to wear their origin on their sleeve
India may soon make it compulsory for ecommerce companies to display clearly whether a product being sold on their platform is made in the country or not, as the government seeks to curb Chinese imports. The clause is likely to be a part of the ecommerce policy that the commerce and industry ministry is drafting. […]