How lab-grown diamonds could solve ethical and price problems to be next crown jewel September 16, 2023 Petra Diamonds share price took a three per cent tumble on Friday morning, following news that the number of rough diamonds it sold slumped by 33 per cent. Adjusted profit before tax also fell by a whopping 95 per cent $8.3m (£6.7m), driven by a drive decline in total diamond production. The FTSE 250 company [...]
Inside the new must-visit London lido – as Met Office reveals sunny weather forecast to return September 15, 2023 The Met Office has revealed their long term forecast, showing that the good weather is likely to return in a week or so – so hopefully there’ll be plenty of time to jump in this brand new London lido. The Lido has been decked out in an Art Deco style and is a part of [...]
It’s a scorcher! Met Office weather forecast declares Indian summer likely to bring more warm weather September 15, 2023 There could be more days spent in parks and pub gardens yet this summer, according to the Met Office… They have revealed in their long forecast that the higher than average temperatures are likely to return later in September and into October, but first there’s a bout of rain. “There is an increased chance of [...]
TikTok fined £296m by watchdog over how it processed children’s data September 15, 2023 TikTok has been fined 345 million euro (£296 million) by Ireland’s data watchdog following an investigation into how the social media platform processed children’s data. The fine was imposed on TikTok Technology Limited (TTL) by the Data Protection Commission (DPC) after the probe into how certain privacy settings and features complied with obligations under the EU’s General Data [...]
Pubs, bars and restaurants get al fresco boost as City of London extends pavement licences September 15, 2023 Pubs, bars, cafes and restaurants in the Square Mile will be able to continue offering ‘al fresco’ dining into next summer, after the City of London Corporation agreed to extend pavement licences to hospitality businesses, up to September 2024. The local authority said it acknowledges how hard the hospitality sector was “hit by the pandemic.” [...]
Transport for London renames Bond Street ‘Burberry Street’ – and the internet is not impressed September 15, 2023 Oh dear! A quirky move by TFL to rename Bond Street as Burberry Street in celebration of London Fashion Week, has not gone down well on the internet.. The West-End tube stop which is home to a number of high end stores will now be transformed into Burberry Street for one week while top models [...]
Arm maintaining its lofty US valuation will be indicator for London IPO revival September 15, 2023 Shares in Softbank’s Arm have taken flight, surging nearly 25 per cent above their Nasdaq debut price, marking a triumphant return to the public markets after a seven-year hiatus for the chip designer. A loud reception has bolstered market experts’ optimism for beleaguered IPOs, which has faced substantial headaches in recent years, such as rising [...]
Bitcoin’s usual September slump is still catching the odd wave of positivity September 15, 2023 Jason Deane looks back over the crypto week and assesses how Bitcoin is coping in the traditional September slump.
EP: 229 Doncaster, Chester & Hong Kong September 15, 2023 The final classic of the season takes place at Doncaster on Saturday as this year’s three-year-old generation line up in the Group 1 St. Leger, the highlight of this weekend’s racing. We also look at a couple of TV races at Chester on the same afternoon. City AM Racing editor Bill Esdaile previews the best [...]
H&M’s summer sales flatline after rival Zara owner cheers boost September 15, 2023 Fashion chain H&M has revealed its sales flatlined in the latest quarter after its biggest rival Zara owner Inditex cheered a stronger performance. The Swedish retail giant said its net sales, in local currencies, were flattish over June to September, compared to the same period last year. The weaker-than-expected quarterly update suggests that the chain [...]