Dettol-maker Reckitt Benckiser reports revenue boost February 17, 2022 Dettol-maker Reckitt Benckiser beat analysts’ expectations today as it reported revenues grew to £13.2bn in 2021.
IT group AVEVA reports slowdown in revenue as pandemic boom tapers off February 17, 2022 International software group AVEVA announced a slowdown in revenue growth today as the booming demand for software and IT services seen through the pandemic tapers off.
Standard Chartered unveils share buy-back and ramps up bonuses as profits rebound February 17, 2022 International banking group Standard Chartered reported a rebound in profits to $3.9bn today and announced a $750m share buy-back as it begins to recover from a pandemic slump.
Exclusive: Sustainable deodorant firm passes the smell test with £5m funding round February 17, 2022 A personal care start-up that created the UK’s first plastic-free refillable deodorant in 2019 has closed a £5m round led by the founders of Innocent Drinks and LoveFilm.
Arm-owner calls on banks to underwrite $8bn loan ahead of listing February 16, 2022 The owner of British chipmaker Arm is asking banks vying to be part of the firm’s flotation to underwrite a loan of about $8bn, according to Bloomberg reports.
Former Google boss launches $125m philanthropic fund to tackle AI issues February 16, 2022 Former Google boss Erich Schmidt has launched a $125m philanthropic fund to tackle so-called 'hard problems' in artificial intelligence including bias, harm and misuse and conflict.
Heineken warns drinkers could cut back on beer as it prepares to hike prices February 16, 2022 Heineken has warned today that drinkers could cut back on beer as it prepares to hike its prices to offset soaring costs.
Payments fintech Storfund lures in Amazon executive to ramp up product development February 16, 2022 UK payments fintech Storfund has lured in an Amazon payments executive as it looks to accelerate its product development and ramp up growth into new markets this year.
London luxury travel firm Plum Guide gets £23m injection to tap into ‘revenge travel’ February 16, 2022 London-based luxury holiday platform Plum Guide has bagged a £23m funding injection as it looks to tap into a surge of pent-up ‘revenge travel’ as global covid restrictions ease.
Private equity firms outgun banks on pay after fees soar February 16, 2022 Top US private equity firms are now outgunning big investment banks on pay as the they set aside more than twice as much to dish out to employees last year.
