Ethereum flips Visa, Palantir goes all in on Bitcoin, and EOS comes to the party May 12, 2021 Ethereum has come roaring back to another new all-time high of more than $4,300 this morning, and now has a market capitalisation of just below $500 billion.
British-built Ferrari V12 restomod by RML breaks cover May 12, 2021 The new RML Short Wheelbase is inspired by the Ferrari 250 GT SWB and aims to mix 1950s style with 21st century technology.
Marie Claire US snapped up by Future, after bagging the UK edition last year May 12, 2021 The US edition of Marie Claire magazine has been snapped up by specialist media platform Future this morning, after it bagged the UK edition last year. Under a five-year license agreement, the magazine will boost Future’s global monthly reach to 30m users, taking the company’s users to over 400m. The US edition, a joint venture [...]
SoftBank posts highest-ever annual profit for a Japanese company May 12, 2021 Japanese investment giant SoftBank today reported a record annual group net profit of $45.8bn, putting it among the world’s biggest earning firms. SoftBank’s net income beat the $42.5bn made by Warren Buffett’s Berkshire Hathaway in its last business year and compared to a ¥962bn loss a year earlier. Market enthusiasm for tech stocks drove the [...]
TP ICAP reports revenue drop in the first quarter after market volatility May 12, 2021 TP ICAP reported a decline in first-quarter revenue, reflecting the extent of the impact of the pandemic on markets. The interdealer broker posted a nine per cent fall in revenue to £483m from £530m a year earlier, which the company said reflected the volatility of the market in March last year. It noted revenues in [...]
Redrow appoints property veteran as new chairman as ex-CEO steps down after 20 years May 12, 2021 Redrow has appointed property industry veteran Richard Akers as its new chairman as former chief executive John Tutte prepares to step down after 20 years on the housebuilder’s board. Akers, a former director at commercial landlord Landsec, will join Redrow’s board as chair-designate on 1 June before taking on the role permanently from 15 September. [...]
Social care reform must do more than prop up of a broken system with a bottomless pit of money May 12, 2021 Cries of a missed opportunity for social care reform have been rife following the Queen’s Speech but let’s be honest, we knew it was coming. It doesn’t make the pill any easier to swallow. It’s more than a missed opportunity. It’s an absolute disgrace for a system that has borne the brunt of the catastrophic [...]
UK pub chain Marston’s hunts for new finance boss after CFO promoted to chief executive May 12, 2021 Marston’s is on the hunt for a new finance chief after promoting its current CFO to the pub chain’s top job. Andrew Andrea has been appointed as the brewery group’s new chief executive, and he will leave behind his role as the firm’s chief financial officer when he takes up his new position from 3 [...]
Mears built up sturdy revenue last year, dipping only nine per cent May 12, 2021 Housing and care provider group Mears built up a sturdy revenue of £805.8m last year, dipping only nine per cent, but was still struck by profit losses like most firms in 2020. The group, which manages and maintains 17,000 homes for local and central governments, reported £15.2m worth of losses of £15.2m, for the year [...]
Tony Blair pens withering attack on ‘woke left’, Labour and Keir Starmer after election losses May 12, 2021 Tony Blair pens withering attack on 'woke left', Labour and Keir Starmer
