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US stock futures slip after worst day for Wall Street equities since 2020

US stock futures pointed to further selling after Wall Street equities posted their worst day since early in the pandemic, as a string of disappointing corporate earnings reports added to fears that global growth was slowing. S&P 500 futures fell 0.9 per cent on Thursday after the blue-chip barometer shed 4 per cent in its…
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19 May 2022 0

XBRL News about disclosures

Here are the three most relevant developments in the world of structured reporting we became aware of in the course of last week. 1  Disclosure management market business overview The global disclosure management market is anticipated to grow at a significant CAGR of 16.1% during the forecast period (2022-2028). By automating the process of creating…
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19 May 2022 0

European shares slip after US stocks suffer steepest daily drop since 2020

Asian shares declined and European stock futures fell in early trading on Thursday after Wall Street equities suffered their worst day since early in the coronavirus pandemic due to worrying new signs of faltering economic growth. The falls followed a 4 per cent drop for the US S&P 500 share index on Wednesday, the biggest…
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19 May 2022 0

Circling up the ’22 Conferences Circuit – Movers, Shakers & Themes

As we step into the second half of Q2, the conference circuit is buzzing. Several events are lined up with an impressive cast of speakers, spanning inspirational founders, global leaders, senior investors, rising stars and so on. Not surprising, given that the insurance industry is facing its most profound disruption in decades. Artificial intelligence, Machine…
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19 May 2022 0

Marsh revealed in oil pipeline project shunned by leading banks and insurers

Marsh McLennan is arranging insurance for a controversial east African oil pipeline, putting the world’s largest broker at the centre of a project that has been shunned by major banks and prompted a backlash from its own staff. The $5bn East Africa Crude oil pipeline (Eacop), which will run from Uganda to the Tanzanian coast,…
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19 May 2022 0

China’s supercomputing semi boost

This article is an on-site version of our #techFT newsletter. Sign up here to get the newsletter sent straight to your inbox In the rarefied world of supercomputing, China has struck a blow against US sanctions and boosted its own hopes of self-sufficiency in the geopolitically crucial business of chipmaking. As Richard Waters reports, China…
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18 May 2022 0