Argo Blockchain launches IPO with sale of US shares September 14, 2021 Argo Blockchain, the only London listed crypto mining company, has launched an Initial Public Offering as it awaits approval to list on the Nasdaq exchange. Today, Argo said it had commenced the sale of 7,500,000 American Despositary Shares, equal to 75,000,000 ordinary shares. The last closing price of Argo’s ordinary shares on the London Stock [...]
Sainsbury’s to close all stores, Argos and Habitat on Boxing Day as a ‘thank you’ to its 170,000 employees September 13, 2021 Sainsbury’s, Britain’s second-largest supermarket chain will keep all of its supermarkets, convenience stores and petrol filling stations shut this Boxing Day as a “thank you” to its roughly 170,000 colleagues. Sainsbury’s added that all its Argos and Habitat stores will also remain shut for the day. The decision follows rivals including Morrisons, Waitrose and Marks [...]
Argo Blockchain prepares for Nasdaq listing August 20, 2021 Argo blockchain, the only London listed crypto mining company, is planning to sell shares on the US-based Nasdaq exchange. In a filing made to the US Securities and Exchange Commission, the company today confirmed its intention to list American Depositary Shares (ADS) on the Nasdaq exchange. According to the filing, Jeffries and Barclays will be [...]
London bitcoin miner faces attack from short-seller Boatman Capital August 10, 2021 A London-listed bitcoin miner has been accused of purchasing land for 100x its value by the anonymous authors of a report from Boatman Capital. In February 2021, Argo Blockchain told shareholders it had reached an agreement with DPN LLC to buy 320 acres of land in Texas for $5 million in shares initially, rising to [...]
Being Paid in Crypto. Will it get you two six-month holidays per year? August 6, 2021 Millions of Americans live in bad economic conditions and don’t have even $1,000 of savings to cover emergency expenses. In 2019, about 61% of the US population couldn’t cover a $1,000 emergency bill and even stimulus payments haven’t improved the situation. As global economic conditions harden because of the COVID-19 pandemic, Bankrate estimates only 39% [...]
Ultimate Products to take over Salter and Heston Blumenthal partnership July 15, 2021 Britain’s oldest houseware brand Salter is set to be snapped up by London-listed Ultimate Products as consumers fell back in love with home cooking over lockdown. The deal is expected to be completed by 19 July and will cost Ultimate Products (UP) some £32m in cash. UP, which turned over £115.7m last year, will take [...]
Amazon to dethrone both Tesco and Sainsbury as UK’s largest retailers within four years June 3, 2021 Amazon is to overtake Tesco as the UK’s largest retailer within the next four years, with sales expected to hit more than £77bn by 2025, according to new research, shared exclusively with City A.M. this morning. Last year, Amazon UK’s total sales were £36.3bn while Tesco’s sales were almost double at £64bn. However, by 2025, [...]
Billionaires eye Bitcoin as crypto-related services expand June 1, 2021 CryptoCompare's Francisco Memoria gives us a rundown on what's happened in the cryptocurrency world over the last week.
Supply chain pioneers, CORE (UK) Ltd win The Queen’s Award for Enterprise for International Trade May 7, 2021 We’ve launched our 5 step guide to building a digital supply chain which you can download here https://www2.core-uk.com/5-steps-to-advance-your-digital-supply-chain/ UK’s most prestigious business accolade awarded to independently owned digital supply chain management pioneers CORE (UK) Ltd for growth and commercial success in international trade Software innovation is at the heart of CORE’s international growth success. Their [...]
Ex-John Lewis MD to lead Sainsbury’s £7.8bn clothing and homewares unit May 6, 2021 Former John Lewis managing director Paula Nickolds has joined Sainsbury’s to lead the supermarket’s general merchandise and clothing business. Nickolds left John Lewis in January last year, after 25 years with the firm, as the department store chain issued a profit warning. She had been set to become executive director of brand and marketing as [...]