London cyber firm CultureAI raises £8m to double workforce and ‘fix human error’ July 17, 2024 CultureAI's latest capital injection follows seed rounds of $4m (£3.1m) in 2021 and $5m (£3.8m) in 2023.
Nick Train’s Lindsell Train Global Equity fund downgraded after years of poor performance July 17, 2024 Nick Train's performance has left much to be desired over the past five years.
Adidas: Spain’s Euro 2024 sponsor raises guidance again as profit booms 45 per cent July 17, 2024 Operating profits almost doubled in the second quarter of the year, from £147m to £346m, up by 45 per cent.
British tycoon close to striking rescue deal to save The Body Shop July 17, 2024 A consortium led by British business tycoon Mike Jatania has agreed to buy The Body Shop out of insolvency.
Klarna in discussions with big US banks on potential New York IPO July 17, 2024 Klarna has approached a number of top Wall Street banks about a possible New York listing which could come as soon the first half of next year, according to reports.
13books Capital raises £121m for fintech venture capital fund July 17, 2024 13books Capital focuses on early-stage fintech companies catering to the increasing digitisation of the financial services industry.
K3 Business Technology: Revenue slides after ‘sharply lower levels’ of activity July 17, 2024 K3 Business Technology Group, a provider of software solutions focused on fashion and apparel brands, has seen its revenue slide after a "sharply lower levels" of activity within its Global Accounts operation.
Renold on the hunt for acquisitions after record results July 17, 2024 Although the firm reported a 2.3 per cent fall in revenue, Renold said that it had managed to significantly increase its margins with a return on sales of 12.3 per cent.
Genus trading in line with downgraded forecasts as China turbulence continues July 17, 2024 Animal genetics company Genus said it expects its full year results to be in line with expectations, after it downgraded its forecasts in February.
Mitie: Shard-based outsourcing giant swoops for electrical engineering firm ESM Power July 17, 2024 Outsourcing giant Mitie has landed a high-voltage deal as it acquired leading electrical engineering firm ESM Power.
