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CHARTER UK JOINS EQUINITI GROUP

Charter UK, the leading provider of enterprise complaint and feedback management, announced its acquisition by Equiniti, a specialist in technology, financial and administrative services.
Charter UK enables businesses to adopt a consistent and integrated approach to capturing, managing and analysing complaints and feedback for customers including Lloyds Banking Group, McDonalds, Toyota and Hertz. This is supported by FStech winning Charter Continuum™ which is used by multinational companies from industries including financial services, retail, utilities, transport and public sector.
Charter UK, under the Invigia Group umbrella including Charter Systems and mycustomerfeedback.com – will strengthen the wide range of solutions that Equiniti already has to offer to help organisations deal with regulation and change.
The transaction is subject to a Scheme of Arrangement becoming effective with Invigia shareholder approval and subsequent sanction of the Court. It is expected that the scheme will be effective from 15 Oct 2014.
Invigia Group has been operating for over 20 years with approximately 60 members of staff based in Walton-on-Thames, Surrey.
Guy Wakeley, Chief Executive of Equiniti, commented:
“Acquisition is an important part of Equiniti’s story. As well as enabling us to broaden our offering to our clients by bringing new capability and expertise into our business, it is also a proven driver of product development and organic growth, helping us consolidate our position as a leader in our key markets. With the support of well-known brands like Charter UK, Charter Systems and mycustomerfeedback.com, Invigia has been incredibly successful in helping businesses respond to increased regulation using smart technology – something which is at the heart of everything we do at Equiniti. It also fits with our existing resourcing and technology capabilities, allowing us to provide a robust end-to-end remediation and customer service propositions. As such, Invigia fits our criteria for acquisition perfectly – they are innovative, have a fantastic customer base aligned to our own and will take us into new market territory. We are delighted to welcome them on board.”
Paul Clark, CEO, Invigia commented:
“Invigia is a leading technology group that covers both the mid-market and enterprise sector, as well as a number of high profile organisations from the public sector. Becoming part of the Equiniti Group will bring significant support and momentum to Invigia’s growth ambitions and potential, both in terms of extending our target market penetration and in broadening and enriching our propositions. I see this is as a great development for Invigia’s customers and its dedicated staff and management teams and look forward to the journey ahead.”
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Bitcoin, ether hit fresh highs

SINGAPORE (Reuters) – Bitcoin hit a fresh high in Asian trading on Saturday, extending a two-month rally that saw its market capitalisation cross $1 trillion a day earlier.
The world’s most popular cryptocurrency rose to an record $56,620, taking its weekly gain to 18%. It has surged more than 92% this year.
Bitcoin’s gains have been fuelled by evidence it is gaining acceptance among mainstream investors and companies, such as Tesla Inc, Mastercard Inc and BNY Mellon.
Ether, the second-largest cryptocurrency by market capitalization and daily volume, hit a record $2,040.62, for a weekly gain of about 12%.
Ether is the digital currency or token that facilitates transactions on the ethereum blockchain. In the crypto world, the terms ether and ethereum have become interchangeable.
Ether futures contracts launched on derivatives exchange CME earlier this month.
(Reporting by Vidya Ranganathan; Editing by William Mallard)
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World Bank pushing for standard vaccine contracts, more disclosure from makers

By Andrea Shalal
WASHINGTON (Reuters) – The World Bank is working to standardize COVID-19 vaccine contracts that countries are signing with drug makers, and is pushing manufacturers to be more open about where doses are headed, as it races to get more vaccines to poor countries, the bank’s president said on Friday.
World Bank President David Malpass told Reuters he expected the bank’s board to have approved $1.6 billion in vaccine funding for 12 countries, including the Philippines, Bangladesh, Tunisia and Ethiopia, by the end of March, with 30 more to follow shortly thereafter.
The bank is working with local governments to identify and fill gaps in distribution capacity, after they purchase vaccines under a $12 billion World Bank program, and also to standardize the contracts they are signing with manufacturers, he said.
The bank’s International Finance Corp, its private financing arm, has $4 billion to invest in expanding existing production plants or building new ones, including in developed countries, but needs more data on where current production is headed, he said.
“We are eager to be investing in new capacity, but it’s hard to do because you don’t know how much of the existing capacity is already committed to the various off-takers,” Malpass said in an interview with Reuters. New or expanded plants could be used to produce other types of vaccinations in the future, he said.
The bank’s funds could be used to expand plants in advanced economies, if the production was earmarked for developing nations, he said.
Malpass welcomed Friday’s pledge by the Group of Seven rich countries to intensify cooperation on the pandemic, saying it could help jump-start deliveries of vaccines to poorer countries, which are lagging far behind rich countries in getting shots in arms.
Data compiled by Our World In Data, a scientific online publication, showed Israel was leading the world in COVID-19 vaccinations, with nearly 82 of 100 people vaccinated, while India and Bangladesh reported less than one person per 100, Many African countries have not started at all.
Malpass said he was heartened by news about new vaccines coming down the road, and about Pfizer Inc and BioNTech SE seeking permission to store their vaccine at higher temperatures, which would ease another obstacle to deliveries in lower-income countries.
(Reporting by Andrea Shalal; Editing by Heather Timmons and Leslie Adler)
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Google to evaluate executive performance on diversity, inclusion

By Paresh Dave
(Reuters) – Alphabet Inc’s Google will evaluate the performance of its vice presidents and above on team diversity and inclusion starting this year, the company said on Friday in one of several responses to concerns about its treatment of a Black scientist.
Timnit Gebru, co-leader of Google’s ethical artificial intelligence research team, said in December that Google abruptly fired her after she criticized its diversity efforts and threatened to resign.
Alphabet and Google Chief Executive Sundar Pichai ordered a review of the situation. While Google declined to share specific findings, the company announced on Friday it will engage human resources specialists during sensitive employee departures.
Pichai in June said that by 2025, Google aims to have 30% more of its leaders come from underrepresented groups, with a focus on Black, Latinx and Native American leaders in the United States and female technical leaders globally. About 96% of Google’s U.S. leaders at the time were white or Asian, and 73% globally were men.
As a result of the investigation, the company also expanded a commitment announced in June to devote more resources to retaining and promoting existing employees, including by expanding a team addressing disputes among workers and their managers.
The diversity component of executive performance reviews was not previously announced, and the company did not immediately share details about what would be measured and how pay would be affected.
Alphabet for years had rejected proposals from shareholders and employees to set diversity goals and tie executive pay to them.
Irene Knapp, a former Google employee who advocated for one such proposal at a 2018 shareholder meeting, said on Friday, “I am pleased that they met our demand from 2018, which was a bare minimum that should have been easy to do immediately.”
Evaluating managers on diversity goals is becoming more commonplace. McDonald’s Corp on Thursday tied executive bonuses to diversity.
(Reporting by Paresh Dave; Editing by Cynthia Osterman)