Arm aims for £41bn valuation in IPO September 5, 2023 Cambridge-headquartered chip designer Arm is targeting a valuation of up to $52bn (£41bn) in its upcoming initial public offering in New York, the company said today.
How Swatch hopes to recapture the MoonSwatch magic with new Blancpain collab September 5, 2023 The groundbreaking, plastic-fantastic, injection-moulded Swatch watch was a fashion-forward crutch for Switzerland’s ailing giants 40 years back. It bolstered household names like Omega, Longines, Rado, Tissot et al, all desperately consolidated by the late Nicholas Hayek following the devastation wrought in the Seventies by cheap, electronic quartz tech’ from East Asia. Ironically, at the hands [...]
Bitcoin slips below $25,800 as crypto markets lose altitude September 5, 2023 Most of crypto is dipping in the red this morning, with Bitcoin down by roughly 1% while Ethereum (ETH) follows a similar pattern.
Restaurants hit by August wash out as firms pray for sunny September rebound September 5, 2023 Restaurants were hit hard by the wet weather in August suffering a 5.8 per cent monthly decline in sales, new data has revealed.
Tourist tax must go, urge business leaders in last-minute plea to MPs September 5, 2023 A group of business leaders, including Gatwick Airport’s chief executive, have backed a letter by BusinessLDN making a final call to the government to scrap the so-called “tourist tax” days before the issue is set to be debated in parliament. The lobby group, which represents some of London’s biggest firms, has asked Chancellor Jeremy Hunt [...]
Huge jump in London construction firms closing as project delays and inflation bite September 4, 2023 The number of London construction firms going bust has risen by almost a quarter since the pandemic, new data reveals.
Airports fear UK’s race to fly on biofuels is in danger of stalling September 4, 2023 “Urgent action” is needed to prevent the UK falling behind its European and American counterparts in the development of critical green technologies
Welcome to the toughest job in London: Thames Water picks new operations director September 4, 2023 Crisis-hit utilities giant Thames Water has parachuted in a veteran from TfL to head its London operations as it seeks to regain credibility.
Bitcoin and Ethereum continue sideways after last week’s market dip September 4, 2023 Bitcoin continues to trade for a pinch below $26k while Ethereum hovers just above $1,600 as the market leaders maintain sideways movement.
Emma Stone’s Poor Things receives eight-minute standing ovation for graphic sex scenes September 4, 2023 Emma Stone has received an eight-minute standing ovation at the Venice Film Festival for her lead role in new Frankenstein-inspired film Poor Things. In Poor Things, Stone, most famous from films like the new Cruella movie and The Favourite, acts in a series of graphic sex scenes including one where she pleasures herself with fruit. [...]