Bitcoin price holds steady above $24k as weekend momentum stalls August 16, 2022 The price of Bitcoin (BTC) is holding flat at just above $24k this morning after losing some of the upward movement from the weekend.
Tremor shares tank despite reporting ‘record profitability’ August 16, 2022 Digital ad firm Tremor International generated record adjusted EBITDA of $72.7m in the six month ending June 30, despite the advertising landscape continuing to face economic instability and ongoing conflict.
BBC could face journalist walkout as channel merger plans face backlash August 16, 2022 BBC journalists are weighing up strike action as the broadcaster plans to merge channels, including BBC News and BBC World News.
Explainer-in-brief: Instagram’s attempt to outshine TikTok August 16, 2022 Instagram is scrambling to keep up with its competitor TikTok – and events last month showed how trying to copycat the latter can fall flat. Instagram had to reverse some of its new features after users complained the app was becoming too much like TikTok. Users were also aggrieved their home feeds got inundated by [...]
UK grocery price inflation hits highest level since 2008 August 16, 2022 UK grocery price inflation has hit its highest levels since the 2008 financial crash over the past month, according to the latest figures. Brits are now facing an 11.6 per cent price hike on average food-shopping goods, market data from Kantar has revealed today. As spiralling inflation leaves no sector in the UK unscathed, the [...]
Philips announces surprise departure of CEO Frans Van Houten August 16, 2022 Philips has announced the unexpected departure of its CEO Frans Van Houten in October after 12 years at the firm.
Watches of Switzerland to open new flagship London Rolex store August 16, 2022 Watches of Switzerland today set out plans to open a new 7,200 square foot flagship Rolex shop in Mayfair after posting strong results for the first half of 2022. The watch seller will relocate its Rolex Boutique from its current 900 square foot premises on Bond Street to new much larger premises down the [...]
UK competition watchdog closes case against Barratt over leasehold homes August 16, 2022 The UK’s competition watchdog has closed a case against one of the country’s largest housebuilders Barratt over its sale of leasehold homes. In a statement today, the Competition and Markets Authority (CMA) said that “it was insufficient to support a clear legal case for the CMA to secure collective redress for Barratt leaseholders under its [...]
Takeover tattle: Vin Murria’s AdvancedAdvT snubs M&C Saatchi’s calls for US regulatory approval August 16, 2022 Vin Murria's AdvancedAdvT pushes back against M&C Saatchi's suggestions to get US regulatory clearance as the hostile takeover talks heat up.
Hospitality firms plead for energy bill support to survive ‘dire’ situation worse than pandemic August 16, 2022 A host of hospitality and small business bodies yesterday warned that many pubs, restaurants and hotels will not survive the “onslaught” of higher energy costs in the coming months. Representative bodies including UK Hospitality warned politicians that unlike domestic customers, rates are not capped for small businesses. Last week analysts at forecaster Cornwall Insight suggested [...]
