Getir to quit Britain and other European markets as thousands of jobs at risk April 29, 2024 Online food delivery platform Getir has confirmed plans to exit the UK, Germany and Netherlands, as part of a restructuring plans which will see it solely operate in its home market of Turkey.
City of London hiring rebounds in 2024 but still well below post-Covid highs April 29, 2024 The number of jobs posted by City finance firms rebounded at the start of 2024, according to a new survey, although the market remains subdued following a rough year for recruiters.
Private jet firm plots flight away from the London Stock Exchange April 29, 2024 Private jet firm Gama Aviation has revealed plans to quit the London Stock Exchange’s junior AIM market in the latest of a flood of exits from the bourse in recent weeks.
Ferrari-owners Exor to lead £12m funding round for British AI company Jigsaw April 29, 2024 Before Jigsaw, the co-founders worked on building XRef, a proofreading software company, which they sold for a reported $10m (£8m).
Elementis: Activist investor calls for chemical firm’s chief to go amid ‘weak’ share price concerns April 29, 2024 An activist investor in FTSE 250 firm Elementis has called for the removal of its chief executive as it becomes the latest shareholder to bemoan the chemicals group's "persistently weak" share price.
Western banks pay £684m in taxes to Vladimir Putin’s regime April 29, 2024 The largest western banks that still operate in Russia paid more than €800m (£684m) in taxes to the Kremlin last year in a sign that foreign companies remaining in the country are helping Vladimir Putin weather international sanctions.
Mike Ashley’s Frasers Group launches fresh £80m share buyback scheme April 29, 2024 Back in February, sporting giant Frasers Group announced a similar buyback scheme which ran for 11 weeks and ended on Sunday the 28th of April.
Astrazeneca: London-listed pharma giant heralds successful breast cancer drug April 29, 2024 Astrazeneca has found that Enhertu helped patients live longer without their breast cancer getting worse compared to standard chemotherapy.
Tech giant IBM kicks off London legal fight with Swiss software firm Lzlabs April 29, 2024 Tech giant IBM is kicking off its legal battle against Swiss software company Lzlabs in the English High Court today over allegations of reverse-engineering
Meet Volt, the London fintech taking on Visa and Mastercard’s duopoly April 29, 2024 For six decades, the global payments industry has been dominated by Visa and Mastercard. In the UK, the two firms had 99 per cent market share of UK debit and credit card payments in 2021.