London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
Commercial vehicle output grows amid ‘dismal year’ for UK car manufacturing January 27, 2022 The UK commercial vehicle output has grown 11.3 per cent in 2021, despite a ‘dismal year’ for the British automotive industry. According to figures released today by the Society of Motor Manufacturers and Traders (SMMT), over the course of the year production climbed 27.3 per cent. As a result of the lockdown-induced surge in home [...]
Holocaust Memorial Day: in the words of survivors January 27, 2022 Six million Jewish people were murdered by the Nazis in the Holocaust and millions of lives were taken under Nazi persecution of other groups, like Roma and Sinti people, black people, gay people, mentally and physically disabled people. And while we said, “never again”, genocides followed since in Cambodia, Rwanda, Bosnia and Darfur, with millions [...]
Quinn Emanuel opens office in Saudi Arabia in bid to capitalise on Vision 2030 January 27, 2022 Los Angeles headquartered law firm Quinn Emanuel Urquhart & Sullivan has struck a deal with Saudi Arabian law firm Alrubayyi & Attorneys to open an office in Saudi Arabia’s capital Riyadh. The deal will see prominent Saudi litigator, Nasser Alrubayyi, join Quinn Emanuel as a partner. The partnership comes as the Kingdom of Saudi Arabia [...]
Ackman snaps up $1bn Netflix stake to go “all-in” on streaming January 27, 2022 Billionaire activist investor Bill Ackman has revealed he has built a stake in Netflix worth more than $1bn dollars, as the streaming giant battles a spiralling share price and investor exodus. Ackman announced on Twitter yesterday that his firm Pershing Square Capital Management started buying up Netflix shares on Friday and was now a top-20 [...]
Go green or go home: Renault, Nissan and Mitsubishi invest £19.2bn in EV development January 27, 2022 A consortium formed by automotive giants Renault, Nissan and Mitsubishi will invest €23bn (£19.2bn) within the next five years to develop electric vehicles (EV). As part of its Alliance 2030 electrification strategy, the consortium will increase the number of common EV platforms from four to five, developing 35 new EV models by 2030. The car [...]
Russia cosies up to Italy in the face of EU inertia January 27, 2022 Vladimir Putin met with Italian business executives via video link on Wednesday, as the UK and the US prepared to send in more troops to Eastern Europe yesterday. The Russian autocrat called Italy a “key partner” for Moscow, and vowed to be a reliable energy supplier. While the European Union has struggled to reconcile its [...]
Dr Martens’ shares dip after wholesale business hit by Covid side effects January 27, 2022 Boot maker Dr Martens’ shares slumped almost 15 per cent on Thursday morning after it said its revenue growth had slowed. Shares dipped after the retailer outlined a decline in its wholesale business while it has prioritised stock for ecommerce and retail stores. The share price has dropped almost 35 per cent in the past [...]
Facebook scraps crypto ambitions with $200m sale of Diem assets January 27, 2022 Facebook's digital currency venture Diem is reportedly winding down and selling off its tech to California-based Silvergate Capital.
Starling Bank and Barclays in the race to carve up Kensington January 27, 2022 Digital challenger bank Starling and Barclays are among the names looking to snap up a piece of mortgage lender Kensington after its private equity owners put the firm up for sale last year, according to reports. Starling is reportedly up against Barclays and another high street lender to buy Kensington’s lending platform, while american investment [...]
Rail operators to lure commuters back to trains with bacon rolls January 27, 2022 Commuters are being lured back to trains via Greggs bacon rolls, as low passenger numbers spell crunch time for rail operators. A new complimentary breakfast rewards scheme has been hauled in by the Rail Delivery Group, with Omicron continuing to weigh on commuter levels. Those who sign up can also get their hands on free coffees [...]
