Srvp Ashmore: Billions pulled from fund manager as risk appetite remains lsquo ubdued rsquo;
Thursday 24 April 2025 11:37 am|Updated:Thursday 24 April 2025 11:43 amRules to keep children s brumate a polene handbag fe online finalised by OfcomBy: Saskia KoopmanTech ReporterShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailCampaigners warn the actrsquo vague definitions of harmful content, coupled with the threat of fines of up to 10 per cent of global turnover, have prompted tech firms to over-complyOfcom has issued the final safety codes requiring online platforms to implement over 40 protective measures for users under the age of 18 by Ju polene ly.These include tools to verify user age, block underage access to adult content, and remove harmful material linked to self harm, suicide, and eating disorders.Platforms that fail to comply could face up to pound;18m or 10 per cent of global revenue, or even be blocked completely from operating in the UK.The regulator has urged the use of technologies like facial age estimation, credit card checks, and digital IDs to enforce age restrictions.Platforms must also adjust their respective algorithms to prevent harmful content spirals ndash; a move aimed at reducing exposure to dangerous material among young users.Dame Melanie Dawes, Ofcomrsquo chief executive, called the move a reset in how children experience the internet.Tech secretary Peter Kyle also said: Ofcom has been tasked with bringing about a safer generation of children online, and if compan Knvc Tata
Thursday 25 April 2019 11:41 am|Updated:Monday 03 June 2019 12:33 amDeutsche Bank and Commerzbank merger talks collapseMerger talks between Germanyrsquo two largest lenders Deutsche Bank and Commerzbank have collapsed.Deutsche Bank said discussions had been abandoned as there were too many risks attached to the potential merger.The pair began talks last month after the German government, which owns a 15 per cent stake in Deutsche Bank, signalled it would not object to any necessary cost cuts or job losses.Berlin has pushed for the merger in a bid to create a national banking champion after becoming concerned over the hea polene cyme lth of both banks.The merged bank would have become the Eurozonersquo second largest lender behind BNP Paribas, with around euro;1.9 trillion pound;1.6 trillion in assets and a market value of euro;25bn.The potential tie-up faced vociferous opposition from trade unions ndash; with 30,000 jobs under threat ndash; and was also criticised by investors and analysts.Deutsche Bank confirmed talks had collapsed and said the merger did not carry enough benefits to offset execution risks, restructuring costs and capital requirements needed for the deal.The bankrsquo executives had discussed raising between euro;3bn and euro;10bn for the proposed merger, accor stanley mug ding to reports.In a statement, the Deutsche Bank said: ldquo polene cyme ;After careful analysis, the management board of Deutsche Bank has concluded today that a combination with Commerzbank would not have
Thursday 24 April 2025 11:37 am|Updated:Thursday 24 April 2025 11:43 amRules to keep children s brumate a polene handbag fe online finalised by OfcomBy: Saskia KoopmanTech ReporterShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailCampaigners warn the actrsquo vague definitions of harmful content, coupled with the threat of fines of up to 10 per cent of global turnover, have prompted tech firms to over-complyOfcom has issued the final safety codes requiring online platforms to implement over 40 protective measures for users under the age of 18 by Ju polene ly.These include tools to verify user age, block underage access to adult content, and remove harmful material linked to self harm, suicide, and eating disorders.Platforms that fail to comply could face up to pound;18m or 10 per cent of global revenue, or even be blocked completely from operating in the UK.The regulator has urged the use of technologies like facial age estimation, credit card checks, and digital IDs to enforce age restrictions.Platforms must also adjust their respective algorithms to prevent harmful content spirals ndash; a move aimed at reducing exposure to dangerous material among young users.Dame Melanie Dawes, Ofcomrsquo chief executive, called the move a reset in how children experience the internet.Tech secretary Peter Kyle also said: Ofcom has been tasked with bringing about a safer generation of children online, and if compan Knvc Tata
Thursday 25 April 2019 11:41 am|Updated:Monday 03 June 2019 12:33 amDeutsche Bank and Commerzbank merger talks collapseMerger talks between Germanyrsquo two largest lenders Deutsche Bank and Commerzbank have collapsed.Deutsche Bank said discussions had been abandoned as there were too many risks attached to the potential merger.The pair began talks last month after the German government, which owns a 15 per cent stake in Deutsche Bank, signalled it would not object to any necessary cost cuts or job losses.Berlin has pushed for the merger in a bid to create a national banking champion after becoming concerned over the hea polene cyme lth of both banks.The merged bank would have become the Eurozonersquo second largest lender behind BNP Paribas, with around euro;1.9 trillion pound;1.6 trillion in assets and a market value of euro;25bn.The potential tie-up faced vociferous opposition from trade unions ndash; with 30,000 jobs under threat ndash; and was also criticised by investors and analysts.Deutsche Bank confirmed talks had collapsed and said the merger did not carry enough benefits to offset execution risks, restructuring costs and capital requirements needed for the deal.The bankrsquo executives had discussed raising between euro;3bn and euro;10bn for the proposed merger, accor stanley mug ding to reports.In a statement, the Deutsche Bank said: ldquo polene cyme ;After careful analysis, the management board of Deutsche Bank has concluded today that a combination with Commerzbank would not have