Burberry: Luxury British brand’s investors hopeful of China spending resurgence May 12, 2023 Luxury retailer Burberry could prove its buyers have been sheltered from cost-of-living pressures when it unveils its full-year financial results on Thursday. The historic British brand, which has benefitted from the reopening of the Chinese economy this year, is expected to show a jump in profits and sales for the year ending in March. The [...]
How mixed reality can revolutionise audience interaction and provide revenue streams May 12, 2023 Alex Kane, CEO of Volta, on why novel creativity through AI must be integrated into a more meaningful and holistic output.
Yeezy win? Adidas to sell trainers from axed Kanye deal – and donate proceeds to charity May 12, 2023 Adidas plans to sell trainers from its axed partnership with the US rapper Kanye West and donate some of the money to charity. The German sportswear giant announced it was ending production of Yeezy branded products with “immediate effect” at the end of October after West made antisemitic remarks on social media and in interviews. [...]
Badenoch take Brexit bullet for Sunak: ‘Massive climbdown’ in EU law bonfire pinned on business sec May 12, 2023 Kemi Badenoch has insisted a decision to scale back post-Brexit plans to scrap EU laws was hers, as senior Conservative MPs criticised the “massive climbdown”. The Business Secretary insisted it was she and not Rishi Sunak who had taken the decision to revoke around 600 retained EU laws, rather than the 4,000 pledged. The Government [...]
Royal Mail boss plans to step down following union deal May 12, 2023 The boss of Royal Mail has quit the top job in order to allow the company to move on following a bruising fight with its main union which finally concluded last month.
Stansted: London airport reports busiest day of the year as Coronation boosts traffic to 2.4m May 12, 2023 London Stansted saw its busiest month since September as 2.4m passengers passed through over April, up 16 per cent on the previous year, with Coronation guests boosting traffic. The airport also registered its busiest day of the year, seeing 87,000 guests pass through the terminal on Easter Monday. April saw the royal ceremony bolster a [...]
Schroders boss: Asset management must ‘come to the party and embrace risk’ to revive London markets May 12, 2023 The asset management sector needs to “come to the party” and “embrace risk” in order to revive London’s floundering status as an international financial centre, the chief of Schroders said today, in a rallying cry for sweeping change in the City.
Tech philanthropy looking to bring about world peace May 12, 2023 Bundeep Singh Rangar discusses his love of technology and crypto, and how it intertwines with his beliefs in human kindness.
Elon Musk announces successor as Twitter chief – and that it’s now called X Corp May 12, 2023 Elon Musk said that he has found a new CEO for Twitter, or X Corp, as it is now called. He did not initially name the person but said she will be starting in about six weeks when the announcement was made on Thursday. On Friday he took to the site to say the new [...]
EP: 200 Ascot, Haydock & Hong Kong May 12, 2023 There are three competitive handicaps at Ascot on Saturday, culminating in the seven furlong Victoria Cup at 2.40pm. Haydock stage the Swinton Hurdle on the same afternoon. Lingfield host the Listed Derby and Oaks trial races, albeit on their Polytrack surface after the turf course meeting was called off earlier in the week. City AM [...]
