Explainer-in-brief: Poland’s fighter jets pose problems for Nato March 10, 2022 Yesterday, the US made a decision which shocked many as President Biden refused to act as a go-between and send Polish fighter jets to Ukraine. For those clamouring for more support in Ukraine, it seemed nonsensical. But it is part of a broader line Western countries are trying to balance as they support Ukraine’s efforts [...]
Amazon unveils share split and $10bn buy back programme March 10, 2022 Amazon unveiled plans for a 20-for1 share split last night alongside a $10bn buyback programme as it looks to re energise its share price after a month of decline.
National Express believes Stagecoach offer was ‘compelling’ as results improve March 10, 2022 Mobility giant National Express said its £445m takeover proposal made to Stagecoach was ‘compelling’ after Stagecoach snubbed it in favour of asset manager DWS. “We continue to believe that we made a compelling offer for Stagecoach, providing both sets of shareholders with the opportunity to share in the significant value created from both the material [...]
Construction group Hill & Smith reports profits boost despite supply chain strains March 10, 2022 International construction and infrastructure firm Hill & Smith reported a jump in full-year profits today after suffering a slowdown in trading through the pandemic.
Saudi Arabia’s PIF and Amanda Staveley should have waited to buy Chelsea instead March 10, 2022 I can’t help thinking that Amanda Staveley and her consortium have bought the wrong football club. Had they waited just five months they could have had Chelsea FC rather than Newcastle United. A mooted £3bn price tag may be 10 times the price paid for the Magpies, but still well within the means of Saudi [...]
Europe’s first metaverse ETF set to list in London March 10, 2022 Europe’s first metaverse exchange traded fund (ETF) is set to launch on the London Stock Exchange this month as investors scramble to pump cash into the burgeoning sector.
Letters: Our law is not your law March 10, 2022 [Re: British human rights lawyer flees Hong Kong after meeting with national security police, March 3] The departure of veteran British human rights barrister and former chair of Hong Kong’s Bar Association, Paul Harris, following police questioning marks yet another dark day for human rights and the rule of law in Hong Kong. It is [...]
Topps Tiles snags majority stake in online tiling supplier March 10, 2022 Topps Tiles has snagged a majority stake in an online tiling supplier, in a bid to bolster its retail and commercial brands. The London-listed tiling company has acquired a 60 per cent share of the supplier for £5.3m in cash. Chief executive Rob Parker added that the deal also moves the company closer to its [...]
Hendrick’s looks to the sea for inspiration for its brand new gin March 10, 2022 Hendrick’s flagship gin arrived in the vanguard of the gin revival. Packed with floral notes from rose petals, and freshness, from cucumbers, its inventive blend and distinctive bottling has been emblematic of gin’s return to prominence over the last two decades. In recent years the brand has continued to innovate, with regular releases of limited-edition [...]
Exclusive: London ‘insurtech’ firm Loadsure gets funding injection March 10, 2022 Insurance tech firm Loadsure announced a $11m funding injection today as it looks to ramp up its tech development for the global cargo and freight insurance market.