The prominent investment management firm GAM Holding is intensifying discussions over a potential sale months after it was forced to issue a profit warning. Sky News has learnt that GAM, which has assets under management of approximately CHF74.5bn (£66.38bn), is working with bankers at UBS to field interest from prospective bidders. The process is said
Month: December 2022
Dec 23, 2022 The IIHF World Junior Championship has become ubiquitous — in hockey circles at least — with the Christmas holiday season. And the tournament returns this year to its usual place of honor. That’s after the 2022 championship was shuttered in December 2021 amid a spike of COVID-19 cases within the Edmonton “bubble,”
7:52 AM ET For some fans, 2022 was one of the most underwhelming years of the century in boxing, with conversations about star-studded bouts leading to nothing. Others may view the sport as having considerable bright spots, like undisputed championship fights, upsets and the rebirth of women’s boxing. A few notable fighters had breakout years
Three people have been killed and three others injured after a gunman opened fire in Paris. A man, 69, has been arrested in connection with the shooting at a local Kurdish cultural centre, the prosecutor’s department in the French capital said. The French government asked police to reinforce the protection of Kurdish community sites in
Though it might not sound like it, a “bomb cyclone” is a legitimate scientific term, so named because the rapid formation of the storm is like a bomb going off. Millions of Americans have been warned to brace for a bomb cyclone with blizzard conditions, wind chills and temperatures plunging as low as -45.6C (-50.1F)
Rishi Sunak has said he is “sad and disappointed” that strikes are threatening to disrupt Christmas getaways. The prime minister admitted setting public sector pay was a “difficult question” but insisted that “the government has acted fairly and reasonably in accepting all the recommendations of the independent public sector pay review bodies”. However, he did
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | Sopa Images | Lightrocket | Getty Images Facebook parent Meta has agreed to pay $725 million to settle a class action lawsuit that claimed the social media giant gave third parties access to user data without their consent. It is the “largest
Tesla owners are starting to receive messages on their cars offering a free 30-day trial of Enhanced Autopilot, with the message “Happy Holidays!” from Tesla. The messages started showing up on social media, posted by owners in Australia and New Zealand. Notably, this started happening when it was early enough for people to be awake
In this article ENR-FF Follow your favorite stocksCREATE FREE ACCOUNT Hydrogen storage tanks photographed in Spain on May 19, 2022. Hydrogen has a diverse range of applications and can be deployed in a wide range of industries. Angel Garcia | Bloomberg | Getty Images Hydrogen has a part to play in the U.K.’s shift to
Donald Trump was engaged in a “multi-part conspiracy” to overturn the lawful results of the 2020 presidential election, according to a report by US politicians. The House of Representatives’ January 6 committee has issued its final report, based on interviews of more than 1,000 witnesses, 10 hearings and millions of pages of documents. Amounting to
Dec 22, 2022 World Rugby will encourage elite competitions to have a shot clock for penalties and conversions from Jan. 1, with sanctions to be issued for time wasting as part of plans to speed up the game in 2023 – a World Cup year. The guidelines have been designed by the global governing body
China will introduce rules governing the use of deep synthesis technology in January 2023. Deepfakes, where artificial intelligence is used to manipulate images and videos, are a concern for Beijing as it ramps up control over online content. Fotografielink | Istock | Getty Images In January, China will introduce first-of-its-kind regulation on “deepfakes,” ramping up
In this article GOOGL GOOG Follow your favorite stocksCREATE FREE ACCOUNT CEO of Alphabet and Google Sundar Pichai during press conference at the Chancellery in Warsaw, Poland on March 29, 2022. Mateusz Wlodarczyk | Nurphoto | Getty Images More Google employees will be at risk for low performance ratings and fewer are expected to reach
Hundreds of thousands of air passengers face possible delays today as Border Force workers become the latest to go on strike. More than 1,000 employees will walk out, affecting passport control desks at Heathrow, Gatwick, Birmingham, Cardiff, Manchester and Glasgow airports, as well as the port of Newhaven in East Sussex. The strike will last
Tesla chief executive Elon Musk has said he will not sell any more of his stock in the company for two years. Mr Musk, who founded the electric vehicle-maker, was speaking on a Twitter Spaces audio chat when he said the economy is likely to be in a “serious recession” next year. Tesla’s board is
Dec 22, 2022 The sport of mixed martial arts is never dull, and 2022 was a perfect example of that. In the span of four months, three of the top pound-for-pound fighters in the world weren’t just beaten, but finished. The year started with Francis Ngannou, the hardest puncher in UFC history, using wrestling and
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