Can Super League use Las Vegas and NRL to turbocharge English rugby league? February 25, 2025 The Super League is venturing to Las Vegas to piggyback on the NRL. But can it help to turbocharge rugby league in England? “It’s fantastic, I’ve watched a couple of the games. They’re proper hard players, and maybe they deserve that little bit more publicity. They’re spreading the word.” Those were the thoughts of Manchester [...]
Just Eat shares rise 50 per cent on £3.3bn Prosus deal February 24, 2025 Global tech firm Prosus has made an offer to acquire Just Eat Takeaway.com for £3.3bn. The Amsterdam-based firm said it intends to launch the offer “as soon as practically possible”, which the company said was likely to be in the second quarter. The deal is expected to be completed by the end of the year. [...]
Shein profit slumps as Temu gains ahead of London IPO February 23, 2025 Shein’s net profit fell by almost 40 per cent in 2024, raising doubts about its long planned London stock market listing. Shein’s profits dropped by more than a third last year, adding to the fast fashion group’s challenges ahead of a long-planned flotation that would be one of the biggest on the London stock exchange [...]
Coca-Cola and Fifa resolve legal spat to continue Club World Cup deal February 21, 2025 Coca-Cola and football governing body Fifa appear to have resolved their legal spat after the soft drinks giant was confirmed as a sponsor for the Club World Cup. Alongside German sports apparel firm Adidas, Coca-Cola opened separate legal cases against Fifa surrounding the sponsorship rights of the Club World Cup. The pair were reportedly unhappy [...]
Retail stocks: Luxury pulls ahead while fast-fashion brands Asos and Primark lag February 20, 2025 Luxury stocks have started to outperform high streets brands once again as investors bet on a luxury upswing. Brands which struggled last year – like Burberry and Kering – are bouncing back, while brick-and-mortar reliant firms like Primark are struggling. The ten largest luxury retailers by market cap have seen their stock price rise by [...]
Burberry set to re-enter the FTSE 100 in March reshuffle February 20, 2025 Burberry looks set to re-enter the FTSE 100 in March after its shares doubled since their lows in September. The luxury brand fell out of the FTSE 100 in its September quarterly reshuffle last year after its share price dropped nearly 75 per cent in 16 months. However, glimmers of hope for a luxury rebound, [...]
Global investors shun UK market amid stagflation fears February 18, 2025 Britain has become the least attractive market to invest in among global fund managers, with sentiment towards UK stocks slumping. Stock pickers held 18 per cent less UK shares than their benchmarks suggested they should in February, compared to a 12 per cent overweight position on European stocks, according to Bank of America’s latest Global [...]
“LEAP 2025, leading the way in AI Investments” February 18, 2025 Inside Saudi Board Sir Martin Sorrell is the founder of S4 Capital, whose wholly owned subsidiary Monks is a marketing and services model with a key focus on AI. It has thousands of digital experts working across almost 60 talent hubs in over 30 countries. Sir Martyn Lewis caught up with Sir Martin when he [...]
Shein: Tariffs and cheap goods crackdown could hit London listing February 14, 2025 Fast-fashion retailer Shain faces an uncertain future amid the threat of Trump tariffs and a crackdown on the sale of cheap goods overseas. There were rumours that Shein planned to list in London with a £50bn float around this Easter, but according to the FT, this boon for London’s market is likely to be shelved [...]
Elon Musk’s Tesla tumbles as BYD plans to use DeepSeek February 12, 2025 Elon Musk’s Tesla is on a sharp downward spiral, shedding 16 per cent in just over a week after Chinese rival BYD announced plans to develop autonomous vehicles with DeepSeek. Coming into Wednesday trading, the EV giant dropped for its fifth consecutive day. Its shares have plummeted 32 per cent since mid-December, when the firm [...]