Virgin Media O2 mulls £100m takeover bid for alternative network provider Trooli February 20, 2023 Virgin Media O2 is reportedly eyeing a takeover of Trooli, a Kent-based alternative broadband network provider. Virgin Media O2 is among a “substantial number” of parties exploring offers for Trooli as part of a formal bidding process, Sky News reported. Telecom industry sources told Sky News that the offer was likely to be worth over [...]
Energy providers demand government incentives to stop UK providers losing out on green projects February 20, 2023 The energy sector is ramping up pressure on the government to bolster the investment climate for green projects.
SEC targets Binance USD and sues Terraform Labs as Bitcoin NFTs soar February 20, 2023 Data from CryptoCompare shows that the price of Bitcoin surged from around $21,500 at the beginning of the week to test the $25,000 mark a number of times.
Darktrace hires EY in bid to win back credibility after short seller questions accounts February 20, 2023 Cybersecurity company Darktrace has hired EY to review its finances in a bid to win back credibility after a short seller questioned its accounts. Darktrace has recruited the Big Four auditor to carry out an independent review after New York investment fund Quintessential Capital Management cast doubt over the “validity” of the tech firm’s financial [...]
Trading places – the rise of the institutional investors in crypto derivatives trading February 20, 2023 Kok Kee Chong, Chief Executive Officer, AsiaNext examines crypto derivatives trading and how the financial world has changed.
Planet Organic calls in advisers as it views sale to fund £30m growth plans February 20, 2023 Last September, the organic grocer said that it was looking to raise £30m over the next two years to help with the roll out of over 100 stores across the UK.
Bitcoin digs in as the battle for $25k begins February 20, 2023 The price of Bitcoin yesterday broke $25,000 for the first time since June last year, settling around $24,500 this morning.
US President Joe Biden makes surprise visit to Ukraine ahead of Russian invasion’s first anniversary February 20, 2023 US president Joe Biden has been spotted in the Ukraine capital Kyiv on a surprise visit this morning. The 46th president was filmed walking the city streets with Ukrainian president Volodymyr Zelenskyy, ahead of the first anniversary of the Russian invasion of Ukraine this Friday. Biden and Zelenskyy visited the Wall of Remembrance of the [...]
Post Brexit overhaul planned by FCA to secure the UK’s status as an international hub for asset management February 20, 2023 The Financial Conduct Authority is looking to overhaul rules governing the asset management industry in a bid to keep the UK attractive to international money managers after Brexit, the regulator announced today.
Nicola Sturgeon: Kate Forbes enters SNP race as Angus Robertson rules himself out February 20, 2023 Scotland’s finance secretary Kate Forbes has announced she will run to succeed Nicola Sturgeon as SNP leader and first minister of Scotland. Announcing her decision on Twitter she said: “I am today launching my bid to become Scotland’s next first minister, with the vision, experience and competence to inspire voters across Scotland.” In a video [...]
