Beeb boss: A commercial BBC would fail British audiences January 18, 2022 A BBC funded purely by commercial means would fail to serve a universal British audience in the way it does now, its boss warned this morning, after the government questioned whether its public funding model should continue in future.
Hugo Boss exceeds 2021 sales target after strong fourth quarter January 18, 2022 Hugo Boss said on Tuesday that it had exceeded its full year sales targets after fourth quarter earnings helped propel the German fashion house back to nearly pre-pandemic levels.
Battery giant LG Energy attracts £59bn in IPO bids as it looks to triple capacity January 11, 2022 South Korean battery maker LG Energy Solution's $10.7bn (£7.9bn) initial public offering (IPO) has received bids worth around $80bn (£59bn) from institutional investors, two sources with direct knowledge of the deal said.
Telecom Italia directors call for chief exec decision to be made following £28bn takeover January 8, 2022 A group of Telecom Italia (TIM) directors, including representatives of top investor Vivendi, asked the group's chairman to call a special board meeting to appoint a new chief executive, two sources close to the matter told Reuters.
Gold hits a one-month high as inflation concerns mount December 28, 2021 Gold prices climbed this morning as the U.S. dollar weakened and concerns over Omicron led bullion's year-end rally to a more than one-month high.
Telecom Italia investors in talks over group’s revamp December 22, 2021 The main investors in Telecom Italia (TIM) including the Treasury-owned CDP are discussing a revamp of the ailing former phone monopoly, Italy's prime minister said, pledging to protect jobs and infrastructure assets at the group.
UK set to bring in new COVID restrictions after Christmas December 20, 2021 British Prime Minister Boris Johnson may introduce new restrictions to slow the spread of the Omicron coronavirus variant after Christmas, the Times and other media reported on Monday.
GSK confirms former Tesco boss Sir Dave Lewis will head up £40bn spin-off December 20, 2021 Former Tesco boss Sir Dave Lewis is set to lead the £40bn separation of GlaxoSmithKline's (GSK) consumer healthcare arm.
Hedge funds to end 2021 with positive inflows for the first time since 2018 December 15, 2021 Global hedge funds are poised to achieve positive inflows for the first time in three years, thanks to strong returns and an investor shift to alternative assets during a period of volatility and rising inflation.
EU sets up CO2 removal scheme to help drive financial incentives for corporates December 15, 2021 European Union policymakers said today that it will create a system to certify carbon removals next year, as a step towards establishing a regulated EU market to trade them and provide a financial incentive to store CO2.
