Wada crisis: US Anti-Doping Agency backs government withholding funds January 9, 2025 The US Anti-Doping Agency (Usada) has insisted it “fully supports” the US government’s call to withhold millions to the World Anti-Doping Agency (Wada). Usada chief executive Travis Tygart said withholding the funds, given the US has been Wada’s biggest funder since its founding, was “the only right choice to protect athletes’ rights, accountability and fair [...]
Profit stalls at iconic motorcycle maker Triumph January 7, 2025 Profit has stalled at iconic motorcycle brand Triumph as an economic downturn in China and a fall in the value of sterling impacted its sales. The Derbyshire-headquartered business, which is owned by billionaire John Bloor, has reported a pre-tax profit of £72.6m for the year to 30 June, 2024, up slightly from the £72.3m it [...]
Labour’s China ‘audit’ is pointless. We already know Starmer’s stance on Beijing January 4, 2025 Labour has clearly settled on its stance towards Beijing, let's give up the "audit" nonsense, writes Eliot Wilson.
Tesla: Elon Musk’s EV giant’s sales disappoint with first fall in a decade January 2, 2025 Elon Musk’s EV giant Tesla disappointed with its earnings report today, with its first fall in annual deliveries for over a decade. The electric car behemoth, which has been in the news in the last 24-hours after a vehicles exploded in the US outside a Donald Trump-owned hotel, delivered 1.70 million electric vehicles (EVs) in [...]
FTSE 100 climbs into the green on the back of weaker pound January 2, 2025 The shaky start comes amid widespread uncertainty about the path for the global economy in the new year.
The purposeful CEO is dead: Long live the ‘corporate diplomat’ December 31, 2024 The era of green-centric grandstanding by CEOs might be over – welcome to the age of corporate diplomacy, writes Ali Lyon It had never been more essential, Blackrock’s Larry Fink wrote in the 2022 edition of his widely-read annual letter to CEOs, for bosses “to have a clear purpose”. “Putting your company’s purpose at the [...]
How Asian stock markets are dominating the UK on IPOs December 27, 2024 Asian stock markets continued to surge in popularity in 2024, outperforming the languishing UK market in IPOs. Throughout this year, Asia has dominated on stock exchange floats, with over 600 IPOs throughout the year, more than two thirds of the 867 floats globally in 2024, according to data from Globaldata. In comparison, the UK market [...]
The top five trends emerging in sports marketing in 2025 December 22, 2024 Sports marketing continues to play a diverse and increasingly important role in the marketing mix for brands. And for many reasons. It serves as a launchpad for brands seeking to enter new markets by capitalising on major events across the globe that command mass audiences. It’s a signal of a brand’s stature and prominence re-enforcing [...]
Bank of England governor to visit China with Chancellor December 21, 2024 Bank of England Governor Andrew Bailey will accompany Chancellor Rachel Reeves to China next month, Sky News said on Saturday, a visit intended to revive high-level economic and financial talks that have been frozen since 2019. Sky News said Bailey was expected to hold talks with Pan Gongsheng, the governor of the People’s Bank of [...]
China accuses Britain of causing ‘trouble’ over spy linked to Prince Andrew December 17, 2024 The Chinese embassy in the UK has launched an incendiary attack on the British government today, saying London should stop causing “trouble” after it banned from Britain an alleged spy with links to Prince Andrew. Beijing’s representative in Britain issued its statement amid a furore over an alleged Chinese spy with links to the Duke [...]