London Gateway to surpass Felixstowe in UK’s largest port
Opening a fourth berth on the north side of the Thames at London Gateway next month will be the start of a fierce…
Monthly Archives
July 2024
Tycoons back Donald Trump
Elon Musk, Bill Ackman and other tycoons have publicly endorsed Donald Trump for the White House race in the wake…
Burberry profit warning prompts investors to sell off shares
Burberry's chief executive has been fired and its dividend canceled after the latest of a string of profit…
Oxford brewery reduces recidivism by teaching prisoners to make ale
Thomas Jefferson said that good beer "softens tempers, cheers up the spirit, and promotes health".
This could…
Low alcohol sales surge ahead of Euro final
Some England fans would not be able to watch the Euro 2020 final without beer. However, with work the next morning,…
Amazon UK staff vote to recognize unions
A small, but loud team of GMB union organisers are taking on Amazon on a traffic island outside of Coventry. Armed…
OpenAI urges US financial watchdog to investigate NDAs
OpenAI whistleblowers urged the US Financial Watchdog to investigate nondisclosure contracts at the startup. They…
Thames Water to liquidate its solar energy subsidiary amid debt crises
The complex corporate structure of Thames Water will be put under strain by the financial crisis that has engulfed…
Shein’s pursuit for London IPO brings UK regulator into spotlight
Lawyers say that Shein's pursuit for a London listing placed the UK Financial Conduct Authority (FCA) under intense…
Top tech investor says Nvidia’s market cap could reach $50tn in 10 years.
One of the world's most successful investors in technology said that chipmaker Nvidia may be worth more than $50tn…
Google is in talks with Wiz, a cyber security startup, to purchase it for $23bn
Google's parent Alphabet has been in talks with Wiz to purchase the cyber security startup for $23bn. This would be…
Crowne Plaza’s boss explains why he will keep his hotel empire in Britain
Elie Maalouf cannot be accused of being too PC. InterContinental Hotels Group's chief executive, who was born in…
Taken for a Ride: How parking apps make millions off drivers
Deborah Embley, her husband John Deiss and their son were fined £240 for not downloading a parking application…
Hinkley Point C is a mega-project that digs tunnels beneath the sea.
The latest phase of Hinkley Point C, located deep beneath the Bristol Channel is almost complete. Engineers in…
Azerbaijan launches climate fund with $500mn in oil money
Petrostate Azerbaijan is planning to raise at least $500mn to fund green projects as its first step in marshalling…
Wall Street firms to purchase Envestnet, a wealth management software provider for…
Envestnet, which sells specialised software for wealth management, has agreed to get acquired by an American…
Oasis is taking a bigger bite out of sandwich maker Greencore
Oasis management, an activist fund, has become Greencore’s largest shareholder. This puts pressure on the UK…
Li Ka-shing’s CK Infrastructure is considering secondary listing in London
Hong Kong's CK Infrastructure Holdings is being controlled by the family that controls the richest man in Hong…