China 'Metaverse' stocks tumble on state media warning, regulators'…

LONDON, Dec 3 (Reuters) – Britain and the European Union are working hard to bridge the gaps in their negotiating positions, a spokesman for Prime Minister Boris Johnson said on Thursday, after EU sources said they hoped for an agreement on Friday or this weekend.nnnnThe commentary came a day after the Shenzhen Stock Exchange sent a letter to Zhejiang Jinke Culture Industry Co, urging the mobile Internet firm to substantiate its claim that it has the customer base to develop Metaverse products.nnShenzhen Zhongqingbao Interaction Network, whose shares surged over 60% this week after the company publicly posted an article about Metaverse, said in an exchange filing on Wednesday that it is still in initial stages to explore the business, and cautioned investors against risks.nnnnLONDON, April 5 (Reuters) – HSBC, Goldman Sachs , Morgan Stanley and Standard Chartered reported a widening in the gap between what they paid women and men in 2022, according to data reviewed by Reuters.nnMAGGIE PAGANO: The City loves a clever rogue… especially… BT pension fund takes an £11bn hit in the market chaos… Keeping on the QT: Bank of England to push ahead with… The comeback kings: Former Barclays bosses Bob Diamond and…nn”Organisations think and say they’re doing the right thing to advance gender equality in the workplace – but when it comes to taking action … they are failing to deliver,” said Ann Francke, CEO of the Chartered Management Institute.nnWhere pay gaps were further broken down by ethnicity, they showed the largest pay disparities were between Black and white employees.nThe widest gap was Deutsche Bank’s at 38.4%, though this narrowed slightly on the prior year.nnHSBC – already one of the most unequal banks in Britain in terms of gender pay – reported a wider mean average gap for the year, mercyhurst child learning center disclosing women were paid 45.2% less than men. This was up from 44.9% the prior year.nnSHANGHAI, Sept 9 (Reuters) – Chinese shares seen with links to “Metaverse”, a virtual shared space based on virtual reality technologies, slumped on Thursday after their recent surge raised regulatory eyebrows and prompted state media to warn against investing in them.nnExperts say that while the gender pay gap data is a blunt tool for measuring disparities – as it does not reflect gaps at the same level of seniority, for example – it can capture broad inequities and affect change.

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