More than 700 high street jobs axed as Arcadia closes 31 stores verified_publishercityam.com - Jessica Clark
Trading floor at risk as London Metal Exchange looks to modernise verified_publisherThe Guardian - Kalyeena Makortoff Banking correspondent
The GuardianEnergy Shell pulls out of joint venture to build UK sustainable jet fuels plant verified_publisherThe GuardianShell has pulled out of a joint venture with British Airways and Velocys to build a flagship sustainable jet fuels plant in the UK – in a blow to Boris Johnson’s claims that Britain could deliver the first...
EntrepreneurSpace Travel Virgin Orbit successfully launches a rocket into space using its Boeing 747 verified_publisherEntrepreneurFor a long time, Virgin has been working on its Virgin Orbit project, which for the first time has managed to get into orbit from an airplane. Virgin Orbit has fulfilled its mission and achieved the most...
Seeking AlphaInvesting ZoomInfo Technologies: Steer Clear (NASDAQ:ZI) verified_publisherSeeking Alpha Shares of ZoomInfo Technologies continue to trade at nosebleed levels; despite recent choppy trading, the stock is up more than 2x since its IPO.
RoadshowChevrolet Corvette Chevy C8 Corvette nabs the checkbooks of wealthier buyers, report says verified_publisherRoadshow - Sean Szymkowski Compared to the C7-generation Corvette, buyers with more cash are interested in the mid-engine sports cars.
UK Politics Kwarteng confirms UK review into scrapping EU workers' rights laws verified_publishercityam.com - Stefan Boscia Business secretary Kwasi Kwarteng has confirmed his department launched a review into scrapping EU workers’ protections, but insisted there will not …
The GuardianChristmas Most non-food pubs in England still awaiting £1,000 Covid grants verified_publisherThe Guardian - Rob DaviesNearly three-quarters of the pubs promised a £1,000 grant by the prime minister to help them survive the loss of Christmas sales in England are still waiting for the money, the industry trade body has...
Wales Hopes for serious buyer as price slashed on entire 16-property village verified_publishermirror.co.uk - Martha Muir, Nathan Bevan An entire village is on sale for the price of a London flat and the estate agent hopes it will sell this year after slashing the price. The …
CNNMGM Resorts International MGM scraps UK gambling takeover after $11 billion bid rejected verified_publisherCNNLondon (CNN Business) — MGM Resorts International is walking away from an attempt to buy the owner of British gambling brand Ladbrokes after its $11 billion bid was rejected. The US casino group said a...
Associated PressMicrosoft Azure GM teams up with Microsoft on driverless cars Associated Press - MATT OTT, AP Business WriterSILVER SPRING, Md. (AP) — General Motors is teaming up with Microsoft to accelerate its rollout of electric, self-driving cars. In the partnership announced Tuesday, the companies said Microsoft’s Azure...
TechCrunchCapital Raising In 2020, VCs invested $428M into US-based startups every day verified_publisherTechCrunch - Alex WilhelmDespite a pandemic that sparked a global recession, 2020 was still a record year for venture capital investments into American startups. According to data shared by PitchBook and the National Venture Association,...
ZDNet Ethical-source movement opens new open-source organization | ZDNet verified_publisherZDNet - Steven J. Vaughan-Nichols Ethical-source leaders are trying to find more support for their open-source approach by creating the Organization for Ethical Source. Ethical-source …
VarietyIndependent Film Cinedigm Acquires Fandor, Plans to Reboot Indie-Film Streaming Service Variety - Todd Spangler Cinedigm continues its rollup of niche streaming brands: The company has acquired the assets of Fandor, a subscription-streaming service with a …
Millennials Brits pile money into gold bars over lockdown as demand from Millennials leaps verified_publishermirror.co.uk - James Andrews Sales of gold bars jumped by 53% over Christmas, according to the Royal Mint, which has also witnessed a growing demand for the precious metal from …
EntrepreneurPayment Systems The owner of TikTok launches its electronic payment service verified_publisherEntrepreneurByteDance introduced Douyin Pay as a third-party payment service for the Chinese version of TikTok. Chinese company ByteDance launched a third-party payment service for the Chinese version of its short...
Financial NewsGoldman Sachs Goldman Sachs compensation hits 10-year high as bank pays out more than $13bn to staff Financial News - Paul Clarke • Investment Banking Goldman has a reputation for lavish pay, even among its investment banking rivals, and has continued to say that it will pay its …
Cult of MacApple Car Hyundai could pass Apple Car collaboration off to Kia | Cult of Mac Cult of Mac - Luke DormehlHyundai’s Kia Corporation will reportedly be the company responsible for working with Apple on the electric, self-driving Apple Car project, a new report states. As per the South Korean news outlet, eDaily,...
BT Group BT removes mobile data charges for schooling hub independent.co.uk - Andrew Griffin BT will remove mobile data charges for an online learning hub as internet companies are forced to work to stop unequal access to the internet. It is …
MGM Shares in Ladbrokes owner Entain plunge as MGM pulls takeover offer verified_publishercityam.com - James Warrington Shares in Ladbrokes owner Entain took a plunge this afternoon after casino giant MGM withdrew its £8bn takeover offer.
Associated PressEurope European car sales suffer worst plunge ever in pandemic Associated PressMILAN (AP) — European car sales plunged by nearly a quarter last year as the pandemic provoked the worst crisis ever to hit the capital-intensive industry. New car registrations sank by 23.7%, or 3 million...
Reuters Bank of America eyes loan growth after first decline in six years verified_publisherReuters - Imani Moise, David Henry, Noor Zainab Hussain(Reuters) - Bank of America Corp executives said on Tuesday they were optimistic the bank could return to loan growth this year, after the coronavirus pandemic caused its loan book to shrink on an annual...
The GuardianBrazil Superdry warns over going concern risks as Covid-19 hurts sales verified_publisherThe Guardian - Julia KolleweThe fashion retailer Superdry has warned over its ability to continue as a going concern as multiple coronavirus lockdowns across the UK continue to hammer sales and profits. Its shares fell 11% on Tuesday...
FlipboardIcon version of the Flipboard logoDrinking Spencer Matthews’ low-alcohol drinks start-up Clean Co raises £7m standard.co.uk - Naomi Ackerman n the latest sign the low-and no-alcohol drinks sector continues to grow, a low-alcohol drinks start-up co-founded by Made in Chelsea star Spencer …
BloombergBahrain Bahrain Plans to Sell Dollar Bonds to Plug Budget Deficit verified_publisherBloomberg - Archana Narayanan, Farah Elbahrawy Bahrain started marketing a three-tranche dollar bond to help plug one of the widest deficits in the region. The Gulf Arab kingdom is selling …
Deutsche Bank Deutsche Bank, ICAP and two German lawyers sued over tax bill - CityAM verified_publishercityam.com - Hannah Godfrey Deutsche Bank, TP ICAP and two German lawyers are being sued by M.M.Warburg & Co. in an attempt to recoup a large tax bill it was ordered to pay over …
Japan Hotel Chocolat boosted as customers flock to buy treats online standard.co.uk - Joanna Bourke K shoppers flocked to buy Hotel Chocolat goods while the retailer’s branches closed for lockdown, helping it to boost sales. The retailer and …
Reuters Hammerson gets less than half of Q1 rent as COVID-19 curbs tighten verified_publisherReuters(Reuters) - London-based shopping centre operator Hammerson Plc said on Tuesday it received less than half of the rents due for the first quarter as stricter COVID-19 restrictions aggravate conditions...
Universal Credit MPs call for Universal Credit cut to be scrapped - but Tory MPs ordered to abstain by PM sky.com - Alan McGuinness MPs have backed a motion calling for the upcoming cut in Universal Credit to be scrapped, with Conservative MPs ordered to abstain. There were 278 …
The GuardianUK Politics PM tells business chiefs Covid jab is UK's best way out of recession verified_publisherThe Guardian - Richard Partington and Jillian AmbroseBoris Johnson has told business leaders that efficient delivery of the coronavirus vaccine is Britain’s best economic recovery tool as he promised a sustainable fightback from the worst recession in 300...
Startups (UK) Fintech firms top list of best London startups to work for verified_publishercityam.com - Angharad Carrick Fintech firms dominate the list of best startups to work for in London as investment in the sector picks up and expands aggressively. Some 50 startups …
BloombergRace & Ethnicity London Private Equity Fund Loses Ruling on Racism, Fraud Claims verified_publisherBloomberg - Jonathan Browning A private equity fund backed by families in Hong Kong and Qatar lost a bid to keep claims of fraud, racism and anti-Semitism away from public …
