Deezer loses 300k subscribers after rocky market debut August 25, 2022 Deezer said it lost 300,000 subscribers in the first half of the year just as the firm begins to recover from its IPO slump.
Wonks warn against price cap freeze August 25, 2022 The Government should offer more targeted support for households rather than freezing the price cap, argued two leading think tanks.
Tesla: Former exec’s start-up snatches Moixa for undisclosed sum August 25, 2022 A US battery start-up founded by a former Tesla boss has acquired UK battery firm Moixa. Founded two years ago, the US company will acquire Moixa’s software to ramp up the electrification of homes worldwide. Lunar has raised $300m (£250m) in two funding rounds led by South Korean telecoms giant SK Group and US solar [...]
Italian government told to pay oil and gas firm Rockhopper Exploration £160m August 25, 2022 The Italian government has been ordered to pay €190m (£160m) to British oil and gas company Rockhopper Exploration over its decision to block the firm from drilling in the Adriatic Sea. An arbitration hearing ruled in favour of Rockhopper in stating Italy’s 2015 decision to block the Wiltshire fossil fuel company from drilling off its [...]
Police appeal for witnesses over stabbing as man, 20, held for attempted murder August 25, 2022 Police are appealing for witnesses following an attempted murder in the city, as a 20-year-old man has been arrested on suspicion of attempted murder. The victim was stabbed in the doorway of Blomfield Street at 4.10am in the early hours of Wednesday morning, in what the City of London Police describe as an ‘unprovoked attack’. [...]
Wizz Air: Winds of change as non-executive director made deputy chair August 25, 2022 Winds of change are blowing in Wizz Air’s boardroom as the low-cost company appointed non-executive director Stephen Johnson to the role of deputy chair. The airliner also announced the creation of a safety, security and operational compliance committee to oversee policies and practices as the carrier plots its expansion. Johnson, who took on the role [...]
Money laundering duo sentenced over scheme linked to millions with 20 victims including a care home August 25, 2022 A money laundering duo have been sentenced for their role in a scam linked to millions of pounds and more than 20 victims, including a care home. Naeem Khalid was sentenced to 46 months in jail while Abiya Hussain was given an 18-month community order, and are now subject to confiscation proceedings. The pain were [...]
Sony ups Playstation prices amid inflation woes August 25, 2022 Sony has upped the prices for its PlayStation 5 games console, citing the the global economic environment.
UK set for another carbon dioxide shortage as fertiliser plant halts production again August 25, 2022 The UK could be set for another carbon dioxide shortage after one of the UK's main producers terminated production due to high energy costs.
Ofgem slaps Shell with fine after it overcharged customers for energy August 25, 2022 Shell Energy's supplier business has been slapped with a hefty fine for overcharging customers on default tariffs.
