Business & Finance
Biden administration adds 14 Chinese firms to unverified list
The Biden administration on Thursday added 14 Chinese companies to a red flag list, forcing U.S. exporters to conduct greater due diligence before shipping goods to them because U.S. officials have been unable to inspect the listed entities.
HSBC appoints new markets head amid wider investment bank reshuffle
HSBC has appointed Patrick George as head of markets and securities services, according to a memo seen by Reuters on Thursday, amid a wider reshuffle of the leadership of its investment bank aimed at streamlining decision making.
UK approval for Sizewell C nuclear project challenged in London court
Britain’s approval for the planned Sizewell C nuclear plant came under scrutiny in London’s High Court on Wednesday, as campaigners’ lawyers argued the government failed to assess the environmental impact of the project.
Centrica boss Chris O'Shea sees pay for 2022 reach £4.5m despite prepayment meter investigation
A bonus of £1.4m was awarded as Mr O’Shea was said to have “successfully navigated challenging regulatory and political issues” despite on going investigations. He declined to take a bonus last year “given the hardships faced by our customers”.
How falling life expectancy, Generation X and the backlash in France have pushed the UK government to rethink pension policy
Those impacted by pension changes are a key group of swing voters and predominantly homeowners (meaning they’re more likely to vote Conservative). Tampering with retirement plans would be fraught with risk for politicians, Sky’s Ian King writes.