Battery giant LG Energy attracts £59bn in IPO bids as it looks to triple capacity January 11, 2022 South Korean battery maker LG Energy Solution's $10.7bn (£7.9bn) initial public offering (IPO) has received bids worth around $80bn (£59bn) from institutional investors, two sources with direct knowledge of the deal said.
Time Out names Mary Keane-Dawson as new chief exec as group makes bounce back January 11, 2022 Time Out announced this morning that Mary Keane-Dawson will be the new chief exec officer of Time Out Media with immediate effect.
Shoe Zone kicks back delivering 58 per cent boost from digital growth January 11, 2022 Shoe Zone reported recovering revenues, as the shoe retailer continues to diversify its offering to survive. It announced a revenue of £119.1m, compared to the previous year’s £122.6m. Profit before tax was at £9.5m for the period up to October 2021 (2020: £14.6m loss) with an earnings per share of 14.0p (2020: (23.8)p loss per [...]
Podcast platform Audioboom hits high note with 125 per cent revenue boost January 10, 2022 Nick Candy-backed podcast Audioboom records a revenue boom of 125 per cent, making it the fourth largest publisher in the US.
Delivery boom: Tortilla wraps up a successful year with 79 per cent revenue surge January 10, 2022 Tortilla, the largest and most successful fast-casual Mexican restaurant group in the UK, wraps up the year with a group revenue surge of 79 per cent to £48.1m.
Corbyn gears up to create his own political party following Starmer inertia January 10, 2022 Ex Labour leader Jeremy Corbyn is gearing up to create his own political party, according to inside reports.
Daily Mail owner goes private following Rothermere’s triumphant push January 10, 2022 Daily Mail and General Trust (DMGT) has officially delisted and cancelled trading from the London Stock Exchange, following a successful swoop by the Rothermere family.
Exclusive: Cyber security becomes the ‘single biggest risk’ as hackers flood the City January 10, 2022 New data has revealed that more than half of firms believe that exposure to a cyber attack has increased alongside the rise of remote working, with industry experts calling it "the single biggest risk".
Gove doesn’t deny free lateral flow phase out plans January 10, 2022 Michael Gove has refused to deny that free lateral flow tests could be phased out in the coming weeks, after another minister asserted that the government would "absolutely not" charge for the kits.
Marred with controversy: The Golden Globes takes place behind closed doors without famous faces January 10, 2022 Last night’s Golden Globe Awards were a far cry from the usual Hollywood glamour, with the ceremony taking place behind closed doors and without its famous faces. It comes after controversy surrounding the lack of diversity in previous seasons, with Hollywood Foreign Press Association’s tussle with representation coming to a head last year after the [...]
