Exclusive: Invinity on vanadium flow batteries and the UK’s net zero plans March 8, 2022 Invinity chief executive Larry Zulch and chief commercial officer Matt Harper spoke with City A.M. about vanadium batteries and net zero.
Capricorn Energy returns $1bn to shareholders as Shell deal pays off March 8, 2022 Capricorn Energy has returned $1bn (£763m) worth of capital to shareholders over the past year, as the company expands its operations after snapping up Shell’s Egypt sites last year. Revenue from its Egyptian production bumped the total cash generated from oil and gas production by $56m (£42.7m) in the year to 31 December. The acquisition [...]
Gamepay raises $1.2m pre-seed for play-to-earn NFT games expansion March 8, 2022 Metaverse company Gamepay has raised $1.2 million in pre-seed funding from Seier Capital and investors including 8i Holdings as the company ramps up its presence in the play-to-earn (P2E) games sector.
Rail cleaners go on 48-hour strike across London and South East this weekend March 8, 2022 The National Union of Rail, Maritime and Transport Workers (RMT) has announced its members working for cleaning contractor Churchill will take the streets for the second time in less than a month over wages. The strike – which will affect major rail operators such as Thameslink, Eurostar and Southeastern – will take place on Saturday [...]
Menzies reverses Covid losses while it extends NAS deadline March 8, 2022 Aviation services firm Menzies has reversed the losses sustained because of the pandemic and reported this morning a $76m underlying profit. In the year ended 31 December, the group registered a 27 per cent increase in revenue, up from $1.06bn to $1.35bn, while its operating profit went up to $59m from a loss of $124m [...]
Bango revenue jumps over a third as it eyes new high growth sectors like crypto March 8, 2022 Mobile commerce technology company Bango, which works with clients including BT and Verizon, has secured a full-year revenue which its CEO has hailed as “ahead of expectations”. Revenue jumped more than a third in the year to 31 December to $20.7m, up from $15.7m in 2020. Bango, which now has services available to marketers on [...]
Wheat price rallies could hurt hospitality and cause food prices to spike warn industry leaders March 8, 2022 Hospitality and supermarkets could bear the brunt of rocketing record prices following Russia's invasion of Ukraine.
Energy sanctions on Russia could leave Europe exposed warn analysts March 8, 2022 Analysts suggest Europe will struggle to make up the shortfall in Russian gas supplies if it rolls out energy sanctions on the country.
Mercedes-Benz EQS 450+ review: shock of the new March 8, 2022 Tim Pitt drives the Mercedes-Benz EQS – the electric alternative to an S-Class, with a huge 107.8kWh battery and a range of up to 453 miles.
MADE.com confirms Nicola Thompson as permanent CEO as retailer sees results beaten by freight inflation March 8, 2022 Retail giant MADE.com has confirmed this morning that Nicola Thompson, the current interim CEO, is set to become the permanent CEO with immediate effect. It comes after former chief Philippe Chainieux left the post last month because of family reasons. Susanne Given, Chair of MADE, commented on Thompson’s appointment: “The Board is delighted to confirm [...]
