AMC shares drop over 35 per cent after stock sale announcement June 3, 2021 AMC shares plummeted by over 35% today, prompting the NYSE to briefly halt the stock shortly after open. Shares in AMC turned negative premarket as AMC filed to sell 11.5m in shares. In an SEC filling, the company said: “In accordance with the terms of the Distribution Agreement, we may, through our sales agents, offer [...]
UK-Norway trade deal set to be done by Saturday with tariffs slashed on British agriculture June 3, 2021 The UK and Norway are set to strike a £20bn trade deal within the next two days, with both sides very close to an agreement. A source close to international trade secretary Liz Truss told City A.M. the deal will likely slash Norwegian tariffs on British agricultural exports, like beef and cheese, and provide more [...]
Travel bosses fume as Portugal axed and no new countries added to UK’s travel ‘green list’ June 3, 2021 Travel bosses fume as Portugal axed and no new countries added to UK's travel 'green list'
Joe Biden to visit the Queen at Windsor Castle in his first overseas trip June 3, 2021 Joe Biden will meet with the Queen next week at Windsor Castle after he finishes at the G7 meeting in Cornwall. Biden’s first overseas trip will be to the UK for the three-day G7 summit, before he visits Belgium and Switzerland. The US President and his wife Dr Jill Biden will meet Queen Elizabeth at [...]
Mullins in private equity talks that could value Pimlico Plumbers at £100m June 3, 2021 Pimlico Plumbers boss Charlie Mullins is in talks to sell off part of his company, in a move that could value the business at £100m. Mullins is in talks with private equity firms about a deal, and has hired Cavendish Corporate Finance to advise on the sale, Bloomberg first reported. It is understood a number [...]
Apple staff called back to the office for three days a week June 3, 2021 Apple employees must return to the office for three days a week from September, chief executive Tim Cook has said, as the tech giant signalled an end to the work-from-home era. In a company-wide memo, the Apple boss said: “For all that we’ve been able to achieve while many of us have been separated, the [...]
How to make the ultimate working from home salad June 3, 2021 We asked Eleanor Warder, co-founder of healthy restaurant Atis, to talk us through her dream Working From Home lunch. Here’s what you need to make the Atis Azteca salad bowl: Chopped romaine Baby spinach Black beans Sweetcorn Avocado Feta Baked chipotle tortilla chips Pickled red onion Lime coriander dressing For my healthy lunch recommendation I’m [...]
Rishi Sunak prepares to chair G7 finance ministers summit in London June 3, 2021 Rishi Sunak will tomorrow chair the first day of this year’s G7 finance ministers summit in London, with a global taxation deal set to be on top of the agenda. The chancellor has said his major priorities for the two-day summit will be an agreement on a global tech tax and to urge other G7 [...]
Digital healthcare giant Babylon enters into $4.2bn SPAC deal June 3, 2021 Babylon, a digital-first healthcare company founded in 2013, today entered into a definitive merger agreement with SPAC Alkuri Global that will see the combined company trade on Nasdaq. The transaction, expected to close in the second half of 2021, reflects an initial pro forma equity value of $4.2bn and an enterprise value of $3.6bn. This [...]
These are the 30 hottest black-led companies according to Google’s startup team June 3, 2021 With less than 0.25 per cent of VC funding going to black-led startups there is a serious disparity in the startup ecosystem. Just 38 black founders received VC funding in the past year despite there being a surge in activity during the pandemic. Now Google wants to try and plug that gap by investing $2m [...]
