SoftBank’s Arm files to list shares in US as London blow confirmed May 1, 2023 SoftBank-owned chip design firm Arm has filed for a US listing in a move which cements its decision to thwart London markets for the US and paves the way for one of the largest initial public offerings (IPOs) of the year. SoftBank confirmed on Monday that Arm had submitted a draft registration statement to the [...]
Crypto: As government consultation closes, what next for UK regulation? May 1, 2023 The government’s consultation on crypto regulations closed over the weekend with figures in the crypto industry welcoming proposals for greater oversight of the sector. The government hopes the regulations will turn the UK into a digital hub. The plans follow soon after a series of high-profile problems in the crypto industry, such as the collapse [...]
New McLaren 750S is lighter, faster and ‘even more exciting’ to drive May 1, 2023 The 750S is the lightest and most powerful series-production McLaren ever. We get the full lowdown on this new British supercar.
Alfa Romeo Tonale PHEV Q4 review: Plug-in and play May 1, 2023 The new Alfa Romeo Tonale PHEV is a plug-in hybrid SUV that also appeals to car enthusiasts. John Redfern drives it.
Heineken: Beer giant shows love for local pubs with £40m injection May 1, 2023 Heineken will invest £40m into 570 pubs it owns within its hospitality business, as the beer giant looks to show support for local boozers amidst the cost of living criss. Almost a quarter of businesses within its Star Bar & Pub group will receive the boost – with 100 of these scheduled for revamps averaging [...]
No Yeezy No Problem: Adidas set to double down on US market despite Kanye bill April 30, 2023 Adidas, which has come under pressure after ending its lucrative Yeezy shoe partnership with Kanye West, is trying to grab a bigger slice of the U.S. sports market, the group’s regional head told the Wall Street Journal. “We want to double down on all of the things that are U.S.-centric, particularly around sport,” Rupert Campbell, [...]
Vestager: AI law on the way – but it might take a year April 30, 2023 The European Union is likely to reach a political agreement this year that will pave the way for the world’s first major artificial intelligence (AI) law, the bloc’s tech regulation chief Margrethe Vestager said on Sunday. This follows a preliminary deal reached on Thursday by members of the European Parliament to push through the draft of the [...]
Swiss spin off? UBS set to carve up Credit Suisse after shotgun marriage April 30, 2023 As UBS’s takeover of former rival Swiss bank Credit Suisse nears completion, details are emerging of what the new merged bank will look like. UBS is working towards spinning off the Swiss part of Credit Suisse and having the business’s current head, Andre Helfenstein, run it, NZZ am Sonntag reported on Sunday. The Swiss newspaper cited a [...]
Venkat: Barclays boss at ’95 per cent’ after cancer scare as he warns on UK economy April 30, 2023 The Barclays boss Venkat has said he is running at ’95 per cent’ after a cancer scare at the back end of last year. Coimbatore Sundararajan Venkatakrishnan, better known as Venkat, was diagnosed with non-Hodgkin lymphoma last autumn, but has told The Sunday Times that “my energy levels are 95 per cent – not 100 [...]
Militant rail unions blame Tories for FA Cup and Eurovision strike disruption April 30, 2023 The leader of the train drivers’ union has angrily attacked the Transport Secretary after he criticised a planned strike on the eve of the Eurovision Song Contest final for its impact on Ukraine. Union members will walk out on May 12 as part of a long-running dispute over pay, as well as on May 31 [...]
