Former Symphony COO joins Cardano builder IOG as CEO of new Midnight blockchain project March 27, 2023 Input Output Global, Inc (IOG) - one of the builders behind blockchain platform Cardano - has appointed Eran Barak as CEO of Midnight.
SNP leadership race: Humza Yousaf wins battle to succeed Nicola Sturgeon March 27, 2023 Humza Yousaf has been selected as leader of the Scottish National Party (SNP) after an acrimonious race to succeed Nicola Sturgeon as first minister. Yousaf, the SNP’s health secretary, 37, won against rival Kate Forbes, 32, in the second round of voting, after no candidate reached a majority in the first round. He secured 26,032 [...]
Deutsche Bank shares recover as market nerves settle, for now March 27, 2023 Deutsche Bank’s share price gained 5.3 per cent during Monday morning’s trading after tanking on Friday as the cost of insuring the company’s debt against default soared. The banking sector has been extremely volatile since the collapse of Silicon Valley Bank (SVB) and the emergency acquisition of Credit Suisse by UBS, with many wondering which [...]
Cracking down on law and order to win the next election March 27, 2023 Trust on crime preventions is the Conservatives’ to lose.
Tortilla swings to loss after ‘unprecedented’ food and energy inflation March 27, 2023 Burrito chain Tortilla Mexican Grill has revealed it swung to a loss last year as it came under pressure from “unprecedented” food and energy costs, and avoided raising its prices above inflation. The fast-casual restaurant chain insisted its sales have benefited from consumers opting for value-for-money meals over dining out at restaurants. Its revenues jumped [...]
Chelsea puts £121m loss down to sanctions imposed on ex owner Roman Abramovich March 27, 2023 Chelsea say Government sanctions imposed on former owner Roman Abramovich were a factor in the club posting losses of £121million in 2021-22. Russian billionaire Abramovich was sanctioned by the UK Government in March last year as it sought to freeze the assets of individuals it believed had connections to the country’s president, Vladimir Putin, following [...]
Energy firms installed nearly 100,000 prepayment meters before Shapps crackdown March 27, 2023 Energy suppliers pushed through the forced installation of nearly a hundred thousand prepayment meters last year, data reveals.
Bitcoin bulls want consolidation above $25k with altcoin rally on the cards, claims analyst March 27, 2023 Bitcoin is trading largely flat this morning around $28k while Ethereum is in more-or-less the same boat at $1,764.
City moves: Citi’s head of UK investment banking on the move March 27, 2023 Citi’s head of UK investment banking Andrew Truscott has been appointed CEO of John Laing Group. John Laing, which is backed by private equity firm KKR, is an investor and manager of core infrastructure assets. Truscott has been at Citi since 2018, and will join John Laing in early summer. Before joining Citi he spent [...]
Saudi National Bank chair resigns after bank loses $1.2bn in Credit Suisse investment March 27, 2023 Chair of Saudi National Bank (SNB) Ammar Al Khudairy stepped down today after the bank chalked up a $1.2bn loss on its investment in Credit Suisse. SNB said in a statement that Al Khudairy had resigned for “personal reasons” and the current chief executive, Saeed Mohammed Al Ghamdi, will takeover as chair of the lender. [...]
