Author: Helen Barklam

Lennard Yong is appointed as CEO to lead international growth Ascentium, a new global business services platform supported by Hillhouse Investment, has officially launched its operations, establishing its headquarters in Singapore. Alongside the launch, the firm has appointed Lennard Yong as its Founding Management and Group CEO to drive its global expansion efforts. This development comes after a significant year for Ascentium, which has completed five key acquisitions across the corporate services sector, building a strong foundation for its operations in the Asia-Pacific region. Operating under the Ascentium banner, the company’s strategic vision is to support businesses in their international…

Apollo Global Management Inc. is reportedly considering a substantial investment in Intel Corp., signalling confidence in the chipmaker’s ambitious turnaround strategy. According to sources close to the discussions, the private equity giant is prepared to inject up to $5 billion into Intel, in a move that would mark a significant endorsement of the company’s efforts to regain its footing in the competitive semiconductor market. The investment, described as “equity-like,” is still in preliminary stages, and Intel executives are weighing the offer, according to individuals familiar with the matter who spoke under the condition of anonymity. While talks are ongoing, nothing…

Whether you’re planning for retirement, saving for your child’s education, or looking to invest in the stock market, a good financial adviser can help you make informed decisions, avoid costly mistakes, and achieve your financial goals. But with so many advisers available, how do you choose the right one for your needs? 1. Understanding What You Want from a Financial Adviser Before diving into the process of finding a financial adviser, it’s vital to understand what you’re hoping to achieve. Are you looking for comprehensive financial planning, help with investments, or guidance on estate planning and taxes? Financial advisers offer…

LinkedIn has paused the use of data from UK users in training its artificial intelligence (AI) models, following concerns raised by the Information Commissioner’s Office (ICO). The career-oriented social networking platform, owned by Microsoft, had automatically enrolled users globally into having their data used to train its AI systems. However, on Friday, the ICO expressed its satisfaction after LinkedIn confirmed it had halted the practice for UK users. “We are pleased that LinkedIn has reflected on the concerns we raised about its approach to training generative AI models with information relating to its UK users,” said Stephen Almond, the ICO’s…

Tui share price The share price of TUI AG, one of the largest travel and tourism companies in the world, has experienced significant volatility in 2024, reflecting both the broader challenges in the travel industry and the company’s recovery efforts post-pandemic. As of mid-September 2024, Tui share price stock is trading at around €6.65 to €6.72, showing some recent positive momentum after reaching lows earlier in the year​(). Recent Performance and Growth Outlook The share price has been on a gradual upward trend in recent weeks, buoyed by encouraging financial results from TUI’s summer 2024 performance. The company reported a…

Princess Royal Parcel Hub The Princess Royal Parcel Hub is an integral part of the UK’s postal and logistics infrastructure, functioning as a major processing center for mail and packages. A modern marvel of efficiency and technology, this hub plays a pivotal role in ensuring that parcels and letters reach their intended destinations on time. Its name, though reminiscent of the Royal Family’s titles, is more a reflection of the hub’s scale and significance rather than a direct connection to royalty. However, this does give it an air of prestige, symbolizing the importance of the UK’s postal system. History of…

Octopus Home Mini: Revolutionizing Energy Management for a Sustainable Future In the rapidly evolving landscape of smart home technology, energy management is becoming increasingly crucial. As global awareness of environmental issues grows, consumers are seeking ways to reduce their carbon footprint and manage their energy consumption more efficiently. Enter the Octopus Home , a groundbreaking device designed to transform how households interact with their energy usage. Developed by Octopus Energy, a leader in renewable energy solutions, the Octopus Home is poised to revolutionize the way we think about and manage our electricity consumption. This article explores the features, benefits, and…

FedEx has reported a sharp decline in quarterly profits and lowered its revenue forecast for the full year, citing a continued shift by customers from premium, fast delivery services to slower, cheaper options. The Memphis-based delivery giant saw its shares drop by nearly 11%, to $267.74, in after-hours trading. The announcement also impacted rival United Parcel Service (UPS), whose shares fell by 2.5%. FedEx, alongside UPS, is facing pressure from the increasing demand for lower-cost deliveries. While UPS attributed this to a surge in volume from Chinese e-commerce platforms such as Temu and Shein, FedEx pointed to a fall in…

A new report by Euromonitor International reveals that over 60% of global businesses implemented sustainability strategies in 2024, yet only 10% believe they are effectively communicating these efforts. Data from Euromonitor’s upgraded Passport Sustainability platform shows a growing focus on sustainable products, with 20% of global sales in 2023 involving products featuring sustainability claims. These products have achieved, on average, 1.5% higher sales growth over the past four years. The Passport Sustainability platform, which now covers 11 industries, 25 global markets, 50 product categories, and over 70 sustainability claims, is designed to help businesses track the performance of their sustainability…