Samsung issues profit warning as microchip market stutters January 9, 2024 Samsung has said its operating profit is likely to plummet 35 per cent in the fourth quarter of 2023 as it struggles to get a grip on a microchip market that is still in the lurch. The South Korean tech giant has forecast a dip to 2.8t South Korean won (£1.7bn) in its October to [...]
London-based tech company with ‘unlimited growth potential’ gets new chief January 9, 2024 London-headquartered tech company IFS has announced a leadership shake up as it prepares for its next stage of growth.
Barclays cut 5,000 jobs in 2023 in bid to ‘simplify and reshape’ January 8, 2024 Barclays axed roughly 5,000 positions from its 84,000-strong workforce in 2023, with about a quarter of these in its UK operations, the bank confirmed yesterday.
BT confirms first female chief Allison Kirkby will start next month January 8, 2024 BT has confirmed that Allison Kirkby is set to step up as chief executive of the British telecoms group starting 1 February 2024.
UK rocket startup looks to scale up with fresh space and tech duo January 8, 2024 UK rocket startup Orbex has announced a fresh leadership duo as it gears up to launch one of the first rockets from Britain.
Channel 4 plans to slash as many as 200 London jobs as broadcaster’s restructuring continues January 8, 2024 Channel 4 is planning to slash up to 200 jobs and most of the affected positions are expected to be London-based roles.
Could Flutter’s US expansion rock its premium London stock listing? January 4, 2024 Gaming giant Flutter is gearing up for a secondary listing on the New York Stock Exchange (NYSE) at the end of the month.
Japan eyes UK life sciences sector with injection into venture fund January 4, 2024 The Development Bank of Japan (DBJ) is investing into the UK’s stagnant life sciences sector in a bid to revive its own.
Disney gets backing from investors amid boardroom clash with Peltz January 4, 2024 Disney has secured support from activist hedge funds in its battle against billionaire investor Nelson Peltz's attempts at a board coup.
BT misses deadline to remove Huawei technology January 3, 2024 British telecoms giant BT has missed the deadline to remove Huawei technology from its core network, meaning it could soon face a fine.
