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Fiera Capital to buy Integrated Asset Management

Fiera Capital Corp said March 22 that it agreed to buy Integrated Asset Management Corp. The equity value of the deal is $74 million. Integrated, of Canada, is an alternative asset manager. PRESS RELEASE TRANSACTION COMPLEMENTS EXISTING SUITE OF PRIVATE ALTERNATIVE INVESTMENT STRATEGIES, ADDING OVER $3 BILLION IN AUM AND COMMITTED CAPITAL • Transforms Fiera Private Lending into a leading pan-Canadian non-bank private lending platform • Accelerates Fiera Properties growth with a complementary nic...
Tags: Financial Services, PE Deals, SEC, IAM, UK, IOM, FSZ

UK's Tate turns down more Sackler money

The art galleries group joins the National Portrait Gallery in turning down money due to opioid links.
Tags: Business, UK, National Portrait Gallery, Tate

European Union prepares to delay Brexit to May

Worn down by three years of indecision in London, European Union leaders on Thursday were grudgingly leaning toward giving the UK a bit more time to ease itself out of the bloc, but they warned that if Britain's Parliament spurns... [Author: [email protected]]
Tags: Business, UK, European Union, Britain, Parliament, Brexit, London European Union

KFC's UK and Ireland boss talks about the day the chicken chain ran out of chicken

KFC's UK and Ireland managing director Paula MacKenzie talks about the day the chicken chain ran out of chicken.
Tags: Business, UK, Ireland, Kfc, Paula Mackenzie

Rent the Runway is now reportedly a $1 billion company in its quest to become 'the Amazon Prime of rental'

Clothing rental service Rent the Runway announced Thursday that it had raised $125 million in a round of funding. The company is now valued at $1 billion.  According to The New York Times, Rent the Runway plans to use the funding to expand into more product categories and open a second distribution warehouse in Dallas and an 8,000-square-foot store in San Francisco. "Our goal is really to create the Amazon Prime of rental," CEO and cofounder Jennifer Hyman told The Times.  Renting is the ne...
Tags: Amazon, UK, San Francisco, Trends, Netflix, New York Times, The Times, Dallas, Victoria, Zara, American Eagle, Bain Capital Ventures, Zipcar, Runway, Marks Spencer, Express

Brexit: Port of Dover warns of travel disruption risk

The boss of the UK's busiest port says Brexit could cause delays and queues later this month.
Tags: Business, UK, Brexit, Port of Dover

Brexit is a mess, but UK startups may find refuge in Estonia’s e-Residency

I’m not going to try to explain Brexit or where it’s headed, because it’ll be outdated before the day is out. It’s a mess no matter what your stance is, and it’s shrouded in uncertainty. What is clear is that everyone needs to prepare for the worst case scenario. The UK government has tried to come up with solutions to make the breakup easier on the country’s startups, but it hasn’t addressed the biggest issue: losing access to the EU single market. Luckily, Estonia offers a way for the UK to ma...
Tags: Startups, Europe, Politics, UK, Eu, Estonia

UK watchdog urges EU financial firms to take no-deal Brexit action

Asset managers and other financial firms from the European Union have only a week to register with UK regulators to continue operating in Britain in the event of a no-deal Brexit, a senior regulator said on Thursday.
Tags: UK, Money, Eu, European Union, businessNews, Britain, Brexit

Facebook used experimental audio tech to shut down videos that AI missed after the New Zealand mosque massacres

Facebook has said it deployed experimental audio tech to support its AI in detecting and blocking copies of the New Zealand mosque shootings video. In a blog published on Wednesday, the social media company admitted its use of AI for detecting harmful content was "not perfect." Facebook has faced widespread criticism for its handling of the footage, with New Zealand's prime minister calling for change. Facebook has said it used experimental audio technology to help catch copies of the New Zea...
Tags: Facebook, UK, Trends, New Zealand, Parliament, Scott Morrison, Sajid Javid, Jeff Bezos, Christchurch, Sheryl Sandberg, Rosen, Facebook Google Twitter, Facebook Many, Jacinda Ardern, Guy Rosen Facebook

Euro zone bond markets wait patiently for Powell

Core euro zone bond yields fell on Wednesday from 1-1/2 week highs hit earlier this week as the market waited for further clarity on the direction of U.S. interest rates and analysts struggled to make sense of the UK's Brexit negotiations.
Tags: UK, Money, businessNews, Powell

What’s next after UK seeks 3-month delay to Brexit?

LONDON (AP) — With just nine days to go until Brexit, Prime Minister Theresa May has asked the European Union to postpone Britain’s departure from the European Union until June 30. The decision is in the hands of the 27 remaining EU nations, whose leaders must agree unanimously to an extension. Here’s a look at […]
Tags: Business, UK, London, News, Eu, European Union, Ap, Britain, Nation, Theresa May, Brexit

UK judge rejects bail for jeweller Nirav Modi after court appearance

A British judge refused to grant Nirav Modi bail after the Indian billionaire jeweller appeared in a London court on Wednesday.
Tags: UK, London, Money, businessNews, Nirav Modi

UK Prime Minister Theresa May says she has asked EU to delay Brexit until June 30

UK Prime Minister Theresa May says she has asked EU to delay Brexit until June 30.
Tags: UK, London, Finance, Eu, Article, Theresa May, Associated Press, FBN, Fbn/markets, Fox-business/markets, 54d83942-8a2f-5f06-a32e-033b743bf61f

Food and wine costs push UK inflation up

UK prices rose by 1.9% in February, nudged higher by duty on wine and higher food bills.
Tags: Business, UK

Seven Africa-focused startups present at Y Combinator’s Demo Day

The seven African-focused companies which presented as part of Y Combinator’s 200 strong cohort of Winter 2019 class of 200 startups may seem like a small percentage for such a large class, but it represents the growing significance of African ventures in YC’s universe. Since 2016, the Silicon Valley accelerator—that provides seed funds and mentorship for early stage startups—has backed 25 companies located in Africa and another 10 with an Africa product focus, according to YC spokesperson Linds...
Tags: Google, TC, Y Combinator, Business, UK, China, Nigeria, Africa, Tech, Spokesperson, Economy, Companies, United Kingdom, Healthcare, Silicon Valley, Tanzania

UK inflation up, London house prices fall by most since 2009

Britain's main inflation rate ticked up last month but stayed close to January's two-year low, helping consumers maintain their spending power as wage growth also picked up, even though the timing of Brexit remained uncertain.
Tags: UK, London, Money, businessNews, Britain, Brexit

UK inflation edges higher as Bank of England meets on rates

LONDON (AP) — Official figures show that inflation edged higher in February but remains slightly below the Bank of England’s target. The Office for National Statistics said Wednesday that consumer prices were 1.9 percent higher in the year to February, up from the 1.8 percent rate recorded in January. Rising food, alcohol and tobacco prices […]
Tags: Business, UK, London, News, Bank Of England, Ap, Office For National Statistics

10 things in tech you need to know today

Good morning! This is the tech news you need to know this Wednesday. Google announced a huge gaming initiative: A Netflix-like video-game streaming platform named Stadia. The service is intended to run high-resolution blockbuster games on any device that runs Google's Chrome — from smartphones and tablets to computers and TVs. Google unveiled a new controller for its Stadia gaming service on Tuesday, which connects to Google's data centers and pairs with whichever device the game is being ...
Tags: Google, Facebook, UK, Samsung, Trends, Tesla, EA, Snapchat, Netflix, Aclu, New Zealand, Ubisoft, Stephen Collins, Alexa, Trump, Facebook Twitter

UK’s May prepares to ask EU for short Brexit delay

LONDON (AP) — British Prime Minister Theresa May is preparing to ask the European Union for a short delay to the country’s divorce from the European Union. A Downing Street official said May will write to EU leaders on Wednesday to formally request “a bit more time,” past the scheduled departure date of March 29. […]
Tags: Business, UK, London, News, Eu, European Union, Ap, Nation, Theresa May, Downing Street

Augmented Reality Lets Retailers Deliver Best Experience to Customers

By Tuhin Bhatt A Timberland store used AR to get users to try apparel without even stepping into a store. This took augmented reality to a new level and is expected to help increase footfalls to the store. The use case of AR in retail is increasing, with innovation taking the technology to spectacular results. These disruptions which are now the differentiators will slowly become the standards of tomorrow. Retailers who embrace the latest technologies now are certainly the ones who will remain c...
Tags: Business, UK, India, Sales & Marketing, Right Now, Tuhin, Tuhin Bhatt, Intelivita, AR Development

Russia has banned fake news, while also being one of the world's prime exporters of fake news

Russian president Vladimir Putin signed a new law that heavily fines those who spread those who spread what the state decides is fake news. Russia is one of the world's largest sources of fake news, and it hosts campaigns that aim to spread misinformation around the world. With this new law, Russia can ban information that it decides is false within its own borders while spreading objective falsehoods around the globe. The US and the EU accuse Russia of spreading misinformation, and Facebook h...
Tags: Facebook, UK, Putin, Vladimir Putin, Russia, US, Trends, Eu, European Union, European Commission, Ira, Estonia, Sky News, Department Of Justice, Kremlin, Lithuania

HS2 would widen UK 'north-south' divide and should be axed, says report

Thinktank says London would benefit most and money should go to less wealthy areas insteadThe government’s planned HS2 high-speed rail project will make the UK even more divided and should be scrapped in favour of boosting services in the less well-off parts of the country, a left-leaning thinktank has said.A report from the New Economics Foundation found that 40% of the benefits of the controversial project would go to London and that the £56bn budget would be better spent on upgrading the exis...
Tags: Business, UK, London, UK News, Transport, Rail transport, Hs2, New Economics Foundation, Rail industry

Only 3 Percent of US Retail Sales Completed Via Mobile Wallet

A new infographic from Expert Market has mapped out mobile wallet usage in 36 countries around the world. In the US, only 3% of retail sales were completed through a mobile wallet. The global penetration rate of this technology is still very low topping at 6%, except for one country. The one outlier in this report is China, which has a staggering 36% of the population using mobile wallet. This is nine times the global average of 4%. As consumers move away from cash, businesses have to implement...
Tags: Europe, UK, Australia, France, China, India, US, Sales, Spain, Canada, Netherlands, Brazil, Uae, Crossfield, Technology Trends, Americas Argentina

Bird celebrates after Britain signals it is ready to trash a 184-year-old law banning electric scooters

Electric scooter firms could finally enter the British market after the UK government announced a review of some of its oldest transport laws. Electric scooters are currently illegal in Britain due to 1835 legislation, originally aimed at restricting the use of horse-drawn carriages. In a statement sent to Business Insider, the head of Bird in the UK said he is "delighted" with the government's announcement. Bird, the $2 billion electric scooter startup, has welcomed a British government revi...
Tags: Europe, UK, London, US, San Francisco, Trends, Britain, Bird, Electric, Lime, Sadiq Khan, El Chapo, Corbett, Queen Elizabeth Olympic Park, Department of Transport, Richard Corbett

Snapchat admits its age verification safeguards are effectively useless

Snap executives Stephen Collins and Will Scougal were grilled by UK lawmakers on Snapchat's age-verification process. Collins admitted that the system is effectively useless in stopping underage users from signing up to the Snapchat app. He said the systems might catch underage users out if they try to sign up via a web browser — but admitted the mobile app is more popular. Two top Snap executives were grilled by a UK parliamentary committee on Tuesday about failures in Snapchat's age-verific...
Tags: UK, Stanford, Samsung, Trends, Snapchat, Labour, Evan Spiegel, Collins, Stephen Collins, Lucas, EMEA, Breck Bednar, Ian Lucas, Digital Culture Media and Sport Committee, Will Scougal, Snapchat Collins

UK markets watchdog fines UBS 27.6 million pounds for reporting failures

Britain's markets watchdog said on Tuesday it had fined Swiss bank UBS 27.6 million pounds for failing to report transactions properly for nearly a decade.
Tags: UK, Money, businessNews, Britain, Ubs

UK employers defy approach of Brexit with hiring spree

British employers ramped up their hiring at the fastest pace since 2015 in the three months to January as the labour market defied broader Brexit weakness in the overall economy.
Tags: UK, Money, businessNews, Brexit

UK government mulls way ahead on Brexit after speaker ruling

The British government is considering its response to the ruling of the speaker of the House of Commons that Prime Minister Theresa May cannot keep asking lawmakers to vote on the same European Union divorce deal they have already rejected twice.
Tags: UK, London, Finance, European Union, Article, Theresa May, House Of Commons, Associated Press, FBN, Fbn/markets, Fox-business/markets, 6e62e295-14ea-5950-bdcd-2f6499a5be11

UK aims to salvage Brexit deal as EU says: make up your mind

LONDON (AP) — The British government was preparing Tuesday to ask the European Union for a delay of at least several months to Brexit after the speaker of the House of Commons ruled that Prime Minister Theresa May cannot keep asking lawmakers to vote on the same divorce deal that they have already rejected twice. […]
Tags: Business, UK, London, News, Eu, European Union, Ap, Nation, Theresa May, House Of Commons, Brexit

This physicist has written over 500 biographies of female scientists on Wikipedia

It’s not surprising how grossly underrepresented women are in the fields of science, technology, engineering, and maths (STEM). Hell, in the UK, half of state schools submitted no girls to study A-Level physics. Although the stats are disheartening, it doesn’t reflect women’s ability, instead it shines an unforgiving light on the realities of the society we live in. Just 17 percent of the English-language biographies on Wikipedia are about women, and female scientists in particular  are badly re...
Tags: Startups, UK, Science, Wikipedia, Tech, Jessica Wade

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