CMA aims for decision on £55bn Microsoft-Activision deal by 29 August July 31, 2023 The UK’s competition watchdog has opened up its inquiry into Microsoft’s Activision Blizzard deal for comments, as it aims for a final decision by Aug. 29 on a £55bn takeover it had previously blocked in April. The Competition and Markets Authority (CMA) also on Monday published Microsoft’s arguments explaining why the deal should be re-evaluated, as the [...]
Does the court ruling for Ripple Labs against SEC change anything? July 31, 2023 In this week's Crypto Sermon, Temple Melville looks over Ripple's case with the SEC and warns big changes may still be ahead.
Why the windfall tax is here to stay after today’s bombshell oil and gas announcements July 31, 2023 The government has work to do if it wants to convince the North Sea oil and gas sector over its energy plans.
Using landfill for Bitcoin mining – it’s a gas, gas, gas! July 31, 2023 Susie Violet Ward says we shouldn't be turning our noses up at landfill gas - when there's and obvious Bitcoin mining solution.
Lotus Eletre 2023 review: Shock of the new July 31, 2023 The Eletre is an entirely new kind of Lotus: a Chinese-built electric SUV that majors on performance and in-car technology. We drive it.
Porsche reveals ultimate modified Cayman GT4 RS July 31, 2023 The optional Manthey Kit pushes the Porsche 718 Cayman GT4 RS to the limits of track performance, with more downforce and better brakes.
BAT boss shuns shareholder calls to relist in New York July 31, 2023 The boss of British American Tobacco (BAT) has rejected calls from a top shareholder to relist in New York, stating that moving across the pond was “not a top priority” and a “very simplistic view.” Speaking to the Times, Tadeu Marroco, who was appointed chief executive of the firm following the sudden departure of former [...]
Bank of England interest rate rises yet to pass fully through economy as borrowing ticks up July 31, 2023 The effects of the Bank of England’s aggressive interest rate rises have yet to fully feed through the UK economy as Brits continue to borrow and look to get on the property ladder, official data out today shows. A clutch of numbers released by the Bank of England today revealed consumers are not yet being [...]
Marshalls to cut 250 jobs as housebuilding slump takes toll July 31, 2023 Building products supplier Marshalls is axing around another 250 jobs and closing a factory in Scotland after sales dived due to a housing market slowdown. The group said the cuts come as part of plans to save £9 million a year, which will see it shut a factory in Carluke in South Lanarkshire, while also [...]
Heineken cuts earnings guidance after price rises hit sales July 31, 2023 Brewing giant Heineken has cut its earnings guidance after consumer demand was hit by price increases. The Dutch brewer, which also makes Fosters and Amstel, said it made “significant price increases” at the start of the year in an effort to offset “unprecedented levels of commodity and energy inflation”. In the UK, the Office for [...]
