Fever-Tree: Boss blames ‘vagaries’ of British summer for lower profit expectations September 12, 2023 Fever Tree said it had been battered by Britain's unpredictable weather, as a wash out summer led it to cut annual profit expectations.
Adobe: AI expected to drive growth as Figma deal remains foggy September 11, 2023 Adobe is gearing up to post third quarter results on Thursday as the company pins its hopes on generative AI.
Arm: Chip firm expecting to close IPO at top of $50bn-plus range September 11, 2023 British chip designer Arm is reportedly set to hit the upper range of its valuation target as the year's biggest IPO creeps towards completion.
AI companies should to be allowed to build quickly, and we need to let them get on with it September 10, 2023 Dr Chris Kacher urges the world to set aside concerns and embrace a future inevitably laced with artificial intelligence.
Daily Mail said to be in cahoots with Qataris to splash over £500m on Telegraph group September 7, 2023 The Daily Mail is reportedly in talks with Qatari tycoons to table a bid for the Telegraph group, which could cost north of £500m. Daily Mail and General Trust (DMGT), owned by Lord Rothermere, is discussing additional equity to fund a bid for The Telegraph titles and The Spectator, which were put up for sale [...]
TRG: Profits soar as Wagamama owner defies drab outlook for casual dining market September 6, 2023 TRG, which owns a slew of casual dining chains and pubs, its most popular being Japanese inspired eatery Wagamama, reported a 10 per cent rise in total revenue during the term to £467.4m.
Arm aims for £41bn valuation in IPO September 5, 2023 Cambridge-headquartered chip designer Arm is targeting a valuation of up to $52bn (£41bn) in its upcoming initial public offering in New York, the company said today.
Restaurants hit by August wash out as firms pray for sunny September rebound September 5, 2023 Restaurants were hit hard by the wet weather in August suffering a 5.8 per cent monthly decline in sales, new data has revealed.
What to expect from our MPs before the end of the year September 4, 2023 The long weeks of parliamentary recess for MPs have finally drawn to a close. Next year's election campaign has already begun.
Banks raised savings rates to avoid ‘robust action’ from watchdog September 1, 2023 High street banks have been raising the rates on savings accounts after the City watchdog threatened to take action against firms.