All eyes on Snap after shock Thursday wiped 24 off share price October 22, 2021 Snap shares fall 24% yesterday in after-hours trade as the social media group posted its outlook for Q4, citing Apple's new privacy policies as the cause.
Nukkleus acquires stake in new Bitcoin ETF issuer Jacobi Asset Management October 22, 2021 Crypto payments specialist Nukkleus Inc (OTC: NUKK) has formally acquired a five per cent interest in Jacobi Asset Management Limited.
Green light for lateral flow test that sends users Covid certificate in minutes October 22, 2021 A rapid Covid test that sends a digital result to health authorities is the first to be given the green light. Excalibur Healthcare Services and Sensyne Health’s test has received certification, according to The Telegraph. The test sends results via a smartphone app after it reads the result with artificial intelligence. The test-taker is then emailed [...]
Dear Evan Hansen, Review: A crushing failure October 22, 2021 Big West End and Broadway shows often take a while to get big screen adaptations, partly because producers are reluctant to offer a home alternative to what they hope you’ll pay a lot of money to see live. Also, because when it goes wrong, it goes really, really wrong. Before December 2019, Cats was a [...]
Strong appetite for takeaway and delivery as sales soar past pre-Covid levels October 22, 2021 Restaurant groups- including Pizza Express and Honest Burgers -more than doubled their delivery and takeaway sales from pre-Covid levels last month. Combined sales were 130 per cent higher than in September 2019, the CGA & Slerp Hospitality at Home Tracker revealed. Sales are also 35 per cent higher than in September 2020, with signs that [...]
Hedge funds make millions as Spac shares soar post Trump deal October 22, 2021 Hedge funds made millions in potential gains as the shares of a special purpose acquisition company (Spac) that merged with Donald Trump’s new social media soared to 421 per cent yesterday, the Financial Times reported. Called Digital World Acquisition Corporation, the Spac’s shares rose from $9.96 to $51.90, closing at $45.50 – a 357 per [...]
Holiday Inn owner reports trade improvement as travel returns October 22, 2021 Crowne Plaza owner InterContinental Hotels Group (IHG) has said it has achieved an average daily rate in line with pre-pandemic levels. In a third quarter trading update, it said it had achieved occupancy of around 60 per cent. It reported revenue per available room (RevPAR) was down 21 per cent on 2019. It was up [...]
Nexus on track for 2022 as smart energy business skyrockets October 22, 2021 Nexus expects to see its revenues grow and reach £138m for the year ended 30 September as a result of its smart energy business skyrocketing in the last 12 months. In a trading update released today, the infrastructure business has revealed that its order book has been maintained, with a £286.8m total standing registered in [...]
ProCook confirms intention to proceed with IPO October 22, 2021 Kitchenware brand ProCook has confirmed its intention to proceed with an initial public offering. The business confirmed it would make its debut on the London Stock Exchange and list on the premium listing segment of the official list of the FCA. The offer will comprise an offer of existing shares to be sold by existing [...]
Retail sales drop for fifth month in a row October 22, 2021 UK retail sales dropped in September for the fifth consecutive month but have bounced back from the pandemic, It marked the longest continuous stretch since records began in 1996, according to official figures. The Office for National Statistics (ONS) said retail sales volumes dropped by 0.2 per cent last month, following a 0.6 per cent [...]