Rapid delivery behemoth Getir acquires Gorillas for $1.2bn in continued consolidation December 9, 2022 Speedy grocery delivery app Getir has announced the acquisition of rival Gorillas, after months of takeover talks. The deal was testament to Getir’s market-leading position in the sector, Nazim Salur, who founded the firm in 2015 said. “Markets go up and down, but consumers love our service and convenience is here to stay,” Salur said. [...]
Police appeal over missing man last seen climbing on Thames pier December 9, 2022 The City of London Police have appealed for information after a man went missing, after being seen climbing on a pier by the Thames. The force released concerning images of the individual by Crown Pier on Victoria Embankment in mid-November, saying he hadn’t been seen since. He is seen walking along the bridge next to [...]
What’s that coming over the hill? Is it regulation? December 9, 2022 IDnow's Jason Tucker-Feltham believes the FTX collapse has invited the inevitable, but urges crypto companies to embrace regulation.
Post-Brexit reforms: Hunt aims to ‘turbocharge’ economy with biggest banking shake-up in 30 years December 9, 2022 Chancellor Jeremy Hunt has unveiled plans to “turbocharge growth” with the biggest shake-up in banking reforms for three decades. His so-called Edinburgh reforms announced this morning seek to “seize the benefits of Brexit” by cutting EU red tape for the financial sector. The new measures build on the government’s Mansion House 2021 package, with a [...]
Bitcoin is dead! Long live Bitcoin! December 9, 2022 Jason Deane opens up the newspapers to see why the media so gleefully jumps on negative stories about Bitcoin and the wider crypto world.
Morrisons inks £220m sale of warehouses as it aims to become ‘more popular’ December 9, 2022 Morrisons has inked a £220m sale and leaseback transaction of seven logistics properties, as it aims to become “more popular and more accessible.” The supermarket – which is owned by New-York private equity titan Clayton Dubilier & Rice – announced the completion of the deal with asset manager ICG on Friday. Morrisons has undertaken to [...]
Regime shift: investing into the new era December 9, 2022 As this economic cycle ends, we shouldn’t expect to see the patterns of the past decade repeated. A new regime in policy and market behaviour is unfolding which investors need to understand if they are to find the best opportunities and safeguard their portfolios. The re-opening of economies after Covid sparked a phenomenon investors have [...]
Leave no Stone unturned in Lucky quest for Hong Kong riches December 9, 2022 IF EVER a horse has been specifically trained to win the LONGINES Hong Kong Vase (6.10am) over a mile and a half, it is Japanese raider Glory Vase who seeks to win the contest for the third time. His prep run in the G2 Sapporo Kinen, over an inadequate ten furlongs in August, was an [...]
Romantic has the heart to land HK Cup December 9, 2022 IT IS the annual early-morning alarm call for racing enthusiasts, when Hong Kong hosts its star-studded LONGINES International Race meeting at Sha Tin on Sunday morning. With around £11millon in prize money up for grabs in four Group One races, this is truly a spectacular occasion – and no wonder challengers from all over the [...]
115,000 posties start Christmas strike today as union boss warns of festive ‘meltdown’ December 9, 2022 More than 100,000 postal workers have begun their Christmas strikes over pay, as the industry’s union boss said Royal Mail is risking a “Christmas meltdown”. Walkouts by posties in the CWU union started this morning, after rejecting Royal Mail’s “final and best” pay offer of a nine per cent rise over two years. The union [...]
