Petra Diamonds posts sparkling revenue as demand and price surge April 20, 2022 Revenue was up 33 per cent to $140.6m for Petra Diamonds, as the price of diamonds spike by over 30 per cent from 2021.
Synectics: Trade ahead of expectations thanks to UK contracts including National Grid April 20, 2022 Surveillance systems maker Synectics said trading in the first quarter was slightly ahead of its board’s expectations. Synectics chairman David Coghlan put a good performance down to “an improved contribution from public space and infrastructure security systems in the UK, including the National Grid contract.” The Sheffield-based company won a five-year contract to provide surveillance [...]
Scandal-hit Rio Tinto suffers heavy drop in iron ore shipments April 20, 2022 Rio Tinto has hiked its production guidance on all fronts for this year, after wrestling with Covid-19 and its lingering controversy.
Just Eat slashes profit guidance for year and mulls sale of Grubhub April 20, 2022 Just Eat has said it has lowered its profit guidance for the year and is mulling the sale of its US arm Grubhub. The delivery service said that “management is currently, together with its advisers, actively exploring the introduction of a strategic partner into and/or the partial or full sale of Grubhub.” “There can be [...]
Netflix shares tumble as streaming giant loses 200k subscribers April 20, 2022 Netflix reported a loss in subscribers for the first time, down 200,000 subscribers, citing inflation, emerging competition from the likes of Disney+ and Amazon, as well as the Ukraine war as contributing factors.
Horses four courses: Top chefs jockey for top spot at Royal Ascot April 20, 2022 Forget horses and hats – it’s the food that keeps us coming back to Ascot year after year. At this year’s event, which kicks off on 14 June, six of the London food circuit’s hottest chefs have been enlisted to create a roster of tastings and meals especially for the event. Boasting more Michelin stars [...]
City Moves: Who’s switching jobs in the Square Mile? April 20, 2022 City A.M.’s Millie Turner provides a roundup of the most important hires and job moves across the City, every morning. Email citymoves@cityam.com to be featured. Boies Schiller Flexner Law firm Boies Schiller Flexner has hired a new partner, who has worked on both sides of the Atlantic, as it rebuilds its London office. Magic Circle veteran Timothy L. Foden, who previously helped [...]
Watching movies gets green light, but ban on mobiles remains, as Highway Code updated for self-driving cars April 20, 2022 Drivers will be able to watch movies at the wheel of a driverless car, but the ban on using your mobile remains, as The Highway Code is set to be updated. Under the proposed changes put forward by the Department for Transport, users of driverless vehicles will not be responsible for crashes but instead the [...]
It’s time to salvage rational thought when we look at immigration plans for refugees April 20, 2022 Priti Patel’s proposals to send illegal immigrants to Rwanda has sent the usual suspects into a veritable lather. Not since the peak days of the pandemic, have we seen such a number of people indulge in virtue-signalling. Even the Archbishop of Canterbury has joined in, cornering the headlines on Easter Sunday. He seems to have [...]
Getting a 2.2 and studying English at university hits earnings potential April 20, 2022 Graduates that receive a 2.2 in their undergraduate degree risk losing out on future earnings compared to higher achieving students, reveals fresh research published today. The penalty for getting a lower second degree classification as opposed to a 2.1 is seven per cent lower earnings for women, according to the Institute for Fiscal Studies (IFS). [...]
