Cruise Lines International Association (CLIA) has published its annual European Economic Contribution Report, revealing that the cruise industry is now worth €3.26 billion (£2.58 billion) per year to the UK economy. The cruise industry’s direct contribution to the British economy including items such as goods and services purchased by cruise lines and the salaries of […]
The final design for the new Bank of England £5 note, which will enter circulation in September, will feature the image of Sir Winston Churchill. The new note will be made of plastic rather than cotton paper, which is believed to be cleaner, more durable and harder to counterfeit than the current cotton paper banknotes. […]
According to the Pulse of FinTech, the quarterly global report on FinTech VC trends published jointly by KPMG International and CB Insights, Asia’s FinTech funding has risen to US$2.6b in the first quarter of 2016. Following a significant pullback in funding in Q4’15, mega-rounds lifted quarterly investment into VC-backed FinTech companies by over 150%. Global […]
In an attempt to give companies the ability to experience how technology is transforming the financial world and how it can be deployed to solve critical business issues, an ultra-modern innovation centre has recently opened its doors in central London. Dedicated to next generation banking and finance, the state-of–the-art centre was launched by Synechron Inc. […]
Following talks in Brussels, the Greek government has agreed to unlock a further €10.3bn (£7.8bn) in loans from its international creditors, who have also agreed on easing the debt burden of Greece which totals €321bn (£245bn) - worth 180% of the country’s annual economic output. The tranche of bailout funds will be split into two […]
The European Central Bank has announced its June policies, which include leaving interest rates unchanged and hinting at further action if inflation fails to improve. President Mario Draghi said at a press conference that external shocks, such as a possible exit from the EU for Britain, would affect the market negatively and he recommends that […]
Efforts to extend the reach of the internet to the 4 billion people worldwide that are not yet connected will only succeed if a digital ecosystem approach is adopted where access, affordability, skills and content are given equal attention, according to a new World Economic Forum-led initiative, Internet For All, whose key learning and best […]
Local communities must be involved in infrastructure development at every step of the way, said Cyril M. Ramaphosa, Deputy President of South Africa. Infrastructure is for the betterment of people’s lives and is important that they feel a sense of ownership by being given full opportunity to benefit from the construction and from eventual delivery, he […]
Africa should use the opportunities presented by the Fourth Industrial Revolution to transform itself into a full partner on the global stage, said Paul Kagame, President of the Republic of Rwanda, at the opening address of the 26th World Economic Forum on Africa. “Africa should not be still playing catch-up when the fifth revolution comes around, he added. […]
For ASEAN to meet the growth and inclusion challenges posed by the Fourth Industrial Revolution – the rapid adoption of new technologies and digital systems – countries in the region must reform the way people are educated and be careful not to introduce regulations that stifle innovation and the adoption of disruptive business models, business […]
Diane Gray-Smith joined Uphold as CFO in November 2015, tasked with overseeing and managing the company’s global corporate financial reporting and governance, including developing the policy and system infrastructure. As a certified accountant, she has spent the past 20 years serving Boards and management teams in the financial services, fintech and media spaces, supporting transition […]
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