Explainer-in-brief: Another bump in a long road for China’s economy May 17, 2022 China feels the economic bite after more lockdowns
Turkey’s Erdogan looks to block Sweden and Finland’s application to Nato May 17, 2022 Sweden and Finland are facing opposition to their Nato application bid from Turkey, who called them a “hatchery” for terrorist cells. Ankara’s president Recep Tayyip Erdoğan threatened to block their fast-tracked ascension to the military alliance, because of the Scandinavian countries’ willingness to host his opponents. For Stockholm and Helsinki to be added to NATO, [...]
Universal Music teams up with LimeWire to push forward with music NFT licensing platform May 17, 2022 LimeWire has inked a deal with Universal Music Group for content licensing on a global scale, opening up the LimeWire collectibles marketplace to all artists under the Universal Music Group umbrella.
KPMG hires CryptoUK exec to boost digital assets and Web3 offerings May 17, 2022 KPMG has hired CryptoUK exec Ian Taylor to lead the Big Four accountancy firm’s crypto and digital assets team, in line with plans to strengthen its crypto offering. The firm said the former executive director of the UK’s crypto industry trade body will continue to have an advisory role at CryptoUK alongside his new position [...]
Victorian Plumbing claims victory after posting 67 per cent drop in earnings May 17, 2022 Online bathroom store Victorian Plumbing today said it had successfully captured a larger slice of the bathroom products market, after noting that its sales are now 39 per cent higher than before the pandemic. The Skelmersdale firm said its adjusted earnings were 67 per cent lower than last year and 24 per cent lower than [...]
Shoe Zone walks the walk with revenue making a steady comeback May 17, 2022 Budget shoe shop Shoe Zone announced a strong comeback this morning, with revenue up 73 per cent in the last quarter to £69.9m.
Interview with AEG’s Jim King: The UK’s reignited Festival Fever May 17, 2022 Leah Montebello speaks to AEG’s Jim King as Brits gear up for summer festivals
Businesses need protection from energy mis-selling just like consumers argues legal group May 17, 2022 Businesses should be given the same level of protection as household consumers against energy mis-selling argues a legal advisory group.
S4 Capital reveals fresh US acquisition despite reports that Sorrell has expanded too much too quickly May 17, 2022 Following a scathing Sunday Times investigation which implied it has grown too much too quickly, ad and marketing giant S4 Capital announced it would be combining MediaMonks and LA-based firm TheoremOne in a push for its tech services.
J2O maker Britvic ups dividend and vows to buy back £75m worth of shares as pre-tax profits soar May 17, 2022 Soft drinks conglomerate Britvic today announced plans to launch a £75m share buyback scheme and upped its dividend by 20 per cent, after posting “strong” results for the six months running up to 31 March 2022. The Tango and J2O maker said its pre-tax profits increased 48.7 per cent to £45.8m, after its revenues jumped [...]
