Outcry: Chinese creditors sue collapsed Evergrande for $13bn December 16, 2021 Chinese creditors have sued collapsed property giant Evergrande for more than $13bn (£9.7bn) for alleged overdue payments.
Domino’s shares jump 27 per cent as long-running company dispute ends December 16, 2021 Domino’s Pizza announced it has reached an agreement to end a long-running dispute with its franchisees and unveiled a new growth strategy.
Pearson hires former Twitter exec Omid Kordestani as Chair Designate December 16, 2021 Pearson has appointed Omid Kordestani, who formerly worked at Twitter and Google, as a non-executive director and Chair Designate. Pearson, a FTSE 100 education company, today announced that Omid Kordestani will be joining the company as Chair Designate while Tim Score will take on the role of deputy chair designate. Kordestani spent five years at Twitter [...]
Red alert: UK watchdog escalates campaign against crypto adverts December 15, 2021 The UK's advertising watchdog has raised the alarm over crypto banning ads by Coinbase, Kraken and eToro in a series of scathing judgements.
4C Labs a step closer to launch of UK medical cannabis clinics December 15, 2021 4C Labs has become the first company to obtain licences to both cultivate and sell medicinal cannabis in the UK.
Major glitch sends crypto prices haywire on Coinbase and Coinmarketcap December 15, 2021 A major glitch sent crypto pricing data haywire on Coinbase and Coinmarketcap with tokens across the board showing runaway gains.
Soaring fuel and clothes prices push inflation to 5.1 per cent, its highest level in a decade December 15, 2021 Spiralling prices in transport and retail have pushed inflation to its highest level for a decade piling pressure on the BoE to hike rates.
Finance Bill: government accused of failing to make case for tax reform December 15, 2021 A Westminster committee has accused the government of failing to make an adequate case for its proposed reforms to the tax system.
Just 10 per cent of Europe’s top banks have female chief executives December 14, 2021 A new study has revealed that gender equality is lacking at Europe's top 50 banks with women paid less than men in 80 per cent of companies.
Crypto adoption in the financial sector poses a risk to the economy – BoE December 14, 2021 A BoE bigwig has warned that the increasing integration of crypto into the established financial sector poses a threat to the economy.