Porsche: IPO key to Volkswagen’s electrification strategy September 5, 2022 Porsche’s IPO is key to funding Volkswagen’s €52bn electrification strategy, Volkswagen executives said ahead of today’s board meeting. In an internal interview published on Monday, the group’s chief operating officer Arno Antlitz said the proceedings “would give us [Volkswagen] more flexibility to further accelerate the transformation,” as the German car maker aims to overtake Tesla [...]
Heathrow Express passengers can soon book train tickets through Uber September 5, 2022 Passengers on the Heathrow Express will soon be able to book train tickets through Uber following a partnership between the two services. The collaboration is part of Uber’s new feature Uber Travel, which aims to transform Uber into a multi-modal smart travel app. The feature is already available in cities across North America. “We have [...]
Sadiq Khan: Liz Truss, let’s turn the page for London and the UK’s benefit alike September 5, 2022 Sadiq Khan: One of my biggest hopes it that Liz Truss will put a stop the divisive, anti-London approach pursued by her predecessors
Utilita boss: Energy sector will support price cap freeze September 5, 2022 The energy sector would support a price cap freeze to ease record household bills this winter, argued Utilita Energy chair Derek Lickorish.
Apple set to double digital ad team as Big Tech looks to cull September 5, 2022 Apple plans to nearly double its digital advertising business, just as the likes of Snap bid to make teams leaner.
Copper brings in Mastercard’s Tim Neill as Chief Risk Officer September 5, 2022 Digital asset platform Copper.co has appointed Mastercard high-flyer Tim Neill as Chief Risk Officer with immediate effect.
Gas prices soar as Russia cuts off flows from Nord Stream pipeline September 5, 2022 Gas prices have spiked after Gazprom cut off gas flows into Europe via the key Russia-Germany Nord Stream 1 pipeline.
Why You Might Not Have To Go Back To The Office September 5, 2022 For many office workers, the pandemic proved to be particularly transformative in terms of the way they conducted their working lives. Very suddenly, it became not only possible, but mandatory, for a lot of jobs to be done remotely. For some employees who may have previously been asking for more remote work accommodations and being [...]
Londoners defaulting on debt faster than rest of UK as borrowing used to meet rising costs September 5, 2022 Londoners are defaulting on their debts faster than the rest of the country, as Brits are forced to borrow more at higher rates to keep up with soaring inflation. Figures released by the Urban Institute in its Financial Vulnerability Index showed households increased borrowing in spite of interest rates going up, in a bid to [...]
Bitcoin holding ground in a narrow range, but struggling to breach $20,000 September 5, 2022 Bitcoin is currently changing hands for $19,783.04, up 0.25 per cent over the past 24 hours as it holds below $20,000.