UK LinkedIn users targeted in hacking scam via connection requests ‘in disguise’ August 30, 2022 LinkedIn is being used by hackers to spread data stealing malware via sending connection requests in disguise of people working with reputed companies. Researchers reportedly found that scammers are exploiting Microsoft-owned LinkedIn’s chat and job posting features to share links and files that are laced with stealer malware. Since most LinkedIn users accept any and [...]
Half of Brits not received a pay rise in over a year despite inflation skyrocketing August 30, 2022 Nearly half of all UK workers have been waiting more than 12 months for a pay rise, as inflation hits 10.1 per cent. As the cost of living crisis puts pressure on household finances, research from Aspire – a recruitment agency – has found that 32 per cent of workers will look to change roles in the [...]
Generali snaps up Axa’s Malaysian operations in deal worth £130m August 30, 2022 Generali has acquired Axa’s Malaysian operations in line with plans to strengthen its position in the “high potential” Asian economy. The acquisition will see Generali buy Axa’s stakes in its two Malaysian joint venture operations – Axa Affin General Insurance and Axa Affin Life Insurance – for a combined sum of €150m (£131m). Alongside the [...]
Investor confidence is ‘the lowest we have seen’, warns Hargreaves Lansdown chief August 30, 2022 The chief of retail investment platform Hargreaves Lansdown warned that investor confidence was at an all time low today as he encouraged Brits to shrug off the “short term volatility” that has rocked equity markets this year.
AstraZeneca share price dips with investors ‘underwhelmed’ by diabetes drug August 30, 2022 AstraZeneca’s share price has dipped into the red today, with investors “underwhelmed” by its diabetes and heart failure drug Fraxiga. The stock sank 1.8 per cent to 11,160p per share by early afternoon. However, the share price has grown 6.2 per cent over the past three months. ‘’Investors appear to have been underwhelmed by the [...]
Minister loses internet connection while announcing ‘huge progress’ for UK gigabit rollout August 30, 2022 A digital minister promoting the government's gigabit rollout this morning suffered a technical glitch while giving a radio interview on LBC.
Payments platform Bango snaps up Japanese firm Docomo Digital August 30, 2022 Bango provides a payments platform for firms including Netflix, Britbox and Youtube
Dechra wins over US vet group with £220m bid after years of courting August 30, 2022 Veterinary pharmaceutical firm Dechra has splashed more than £220m on an American medicine manufacturer, a long-term acquisition target for the company. Californian Med-Pharmex, which has a workforce of some 130, is expected to bolster Dechra’s manufacturing facilities in North America and provide “attractive financial returns”. The deal will be funded from existing debt resources, London-listed [...]
Exclusive: Grind teams up with Soho House to conquer the States as coffee brand opens first branch in LA August 30, 2022 City A.M. can reveal this morning that cult London coffee brand Grind has opened its first site outside the UK by taking its business model across the pond. David Abrahamovitch, the company’s CEO and co-founder, told this paper today that Grind the chain’s first non-London branch has opened its doors in Los Angeles, California. In partnership with [...]
Gas prices plunge as Germany closes in on storage targets August 30, 2022 Gas prices have fallen sharply today amid reports Germany is on course to meet its gas storage targets for October.