Alfa Romeo Formula One team supplier AB Dynamics hikes profit guidance as boss says more acquisitions to come Transport Formula one testing firm AB Dynamics has hiked its profit guidance for the year ahead amid strong demand across all its regions.
Natwest shareholders approve proposal to buy back 15 per cent of shares from government Banking Natwest shareholders have approved the bank's proposal to buy more of its stock from the government to accelerate its privatisation, potentially leaving the Treasury with fewer shares to offer retail investors.
Exclusive: Cathie Wood on Tesla and Elon Musk: ‘We don’t listen to what he says’ Investment Cathie Wood, CEO of infamous American tech investment firm ARK, is still bullish on Tesla and Elon Musk, despite the poor performance of its stock price in recent months.
NATs row: Ryanair launches legal fight against Britain’s air traffic control provider April 23, 2024 Ryanair has launched a lawsuit against Britain’s NATs over the network-wide failure last August which saw thousands of flights grounded
Silicon maker Alphawave Semi reports lower royalty revenues on ‘accelerated transition away from China’ April 23, 2024 In the first quarter of 2024, Alphawave said royalties dropped 75 per cent year on year to $9m, reflecting its transition away from China.
Revolut plans advertising partnerships as it seeks new revenue streams April 23, 2024 Revolut is planning to monetise customer data through advertising partnerships as the firm looks to diversify revenue streams on its path to more sustainable profitability.
Diamond glut sees London-listed miner Anglo American cut gem production April 23, 2024 London-listed miner Anglo American said it decreased diamond production through the first quarter by almost one quarter.
Novel Audio: Podcast maker backed by investor in Fortnite’s Epic Games names new chief after £15m claim settled April 23, 2024 Podcast maker Novel Audio has named a new chief executive after its former boss and co-founder settled a £15m claim with its main shareholder.
Puregym targets up to 70 new sites this year after revenue boost April 23, 2024 PureGym has said it plans to keep expanding with new gyms, targeting between 60-70 new gyms this year across its markets.
Molten Ventures: European VC success ‘lagging’ the US April 23, 2024 The chief financial officer of venture capital business Molten Ventures has warned of a "bifurcation" in the success of venture capital between the US and Europe.