FTSE 100 live: London markets poised for higher opening, tracking global peers; earnings and Fed decision to shape holiday-shortened week
Cutouts, twice-daily tests and no Budweiser adverts: How Super Bowl LV has had to adapt in a pandemic February 6, 2021 Some things about Super Bowl LV will be reassuringly familiar, like the star-spangled razzmatazz and Tom Brady. But Sunday’s game between last year’s winners the Kansas City Chiefs and Brady’s Tampa Bay Buccaneers will also be different to the 54 previous editions. The NFL has had to adapt its season finale for the Covid-19 era, [...]
‘Safe home’ app gets support as cost of living puts night-owls off taxis and Ubers September 30, 2022 The cost of living is set to increase the number of women walking home from a night out rather than getting a taxi or a minicab home, according to new research. A fifth of women told pollsters that they were walking more and taking few taxis at the end of a night out. The safety [...]
‘Little difficulty’ proving Qatar booze deal breached, but top lawyers say it may not mean a legal row November 18, 2022 Budweiser will have “little difficulty” proving there has been “breach of contract” after Qatar banned alcohol in stadiums for the World Cup, but top lawyers say it may not lead to a massive legal row. The beer brand’s owners AB InBev were left in a state of shock this morning after Qatar announced booze would [...]
Week in Sportbiz: Formula 1 takes the pain; Budweiser buys NBA rights; watch every PGA Tour shot; World Rugby’s bad timing; squash, the great survivor March 4, 2021 “Our goal was to try and take the pain in 2020,” Greg Maffei, president of Formula 1 owners Liberty Media, told investors this week. Maffei can consider that mission accomplished after Liberty laid bare the devastating effect of the pandemic on F1’s finances last year. F1 slipped from a $17m profit in 2019 to a [...]
Why sponsors won’t sweat another desert World Cup – even a dry one November 14, 2023 What will a Saudi World Cup mean for football's many commercial partners?
Naked Wines appoints new boss as retailer struggles for survival February 5, 2024 Loss-making Naked Wines has named its new chief executive four months after its former boss Nick Devlin was ousted amid a challenging period for the company.
Brewdog’s China deal shows the limits of ESG virtue-signalling February 21, 2023 O, what a tangled web we weave, when first we practice to make commercial hay from a human rights campaign, as Walter Scott very nearly wrote. Brewdog are the latest example of a brand which has made much of its holier than thou culture – only to ditch it in full when the reward is [...]
Billionaire beer heir and George Osborne enter the fray in Chelsea sale race April 18, 2022 An American billionaire beer heir and former chancellor George Osborne have joined separate bids to buy Chelsea Football Club, with a decision on the sale now expected this month. Sky News reports Alejandro Santo Domingo, who sits on the board of Budweiser owner AB InBev, is a part of an investor group led by ex-Liverpool [...]
Netflix fall a sign investors are looking again for fundamentals April 20, 2022 When the electric carmaker Rivian listed on Wall Street last year, it was briefly valued at more than Anheuser-Busch. The latter, most famously, produces Budweiser; a beer that sells in great quantities for more than it costs to produce. It is a functioning, well understood business, and despite the best efforts of governments we remain [...]
Siemens loses £512m as it gears up for full Russian exit after 170 years May 12, 2022 Siemens is set to face a €600m (£512m) hit in the second quarter after announcing its full exit from the Russian market after 170 years.