HSBC reveals senior management shake-up under new boss August 29, 2024 HSBC has announced the departure of three top executives as part of sweeping changes to the bank's management ahead of its new chief executive taking over next week.
Close Brothers shares jump as RBC sees ‘a number of potential catalysts’ August 29, 2024 Shares in Close Brothers jumped on Thursday after RBC upgraded its recommendation on the lender's stock, which has been dragged down by its exposure to a City watchdog review into unfair car loans.
Nvidia shares slump despite company’s record-breaking revenue August 29, 2024 Nvidia shares are down over eight per cent in after hours trading even after it smashed its forecasts and posted record revenue. Revenue for the second quarter hit a new record of $30bn (£22.7bn), up 15 per cent from the first quarter and up 122 per cent from the previous year ago. Nvidia also posted [...]
Hunting: Oil and gas services firm’s profit more than doubles August 29, 2024 Oil and gas equipment provider Hunting has reported a more than doubling in profit for the first half of 2024 as its order book hit a record level.
PPHE Hotels: Art’otel owner reports double-digit growth despite project delays August 29, 2024 Hospitality real estate group PPHE has reported double-digit growth despite delays to multiple hotel projects this year. Like-for-like total revenue growth at the LSE-listed company was up 4.3 per cent to £187.8m in the six months ended 30 June 2024, from £180m in the first half of 2023. The total revenue performance for PPHE’s London [...]
Cricket needs more like Flintoff so smaller nations must get financial support August 29, 2024 Andrew Flintoff’s Field of Dreams On Tour, the decline of Test cricket and whether a mooted hardship fund distributed by the ICC might just keep the red-ball game alive. You know when a broadcaster thinks it has a hit on its hands because it releases a series one episode at a time rather than in [...]
Spread power with words: Asian Dub Foundation interview August 29, 2024 In the wake of the riots, the Asian Dub Foundation shows us the political power of music. Guitarist Steve Chandra Savale speaks to Lucy Kenningham
Marlow Film Studios plots appeal to overturn rejection of £750m project August 29, 2024 Marlow Film Studios is set to appeal Buckinghamshire Council’s decision to block its £750m film studio development, a project backed by high-profile Hollywood figures, including Avatar director James Cameron. City A.M. understands the Studios expects to lodge the appeal with the Planning Inspectorate in early September, though the exact timing is subject to the vagaries [...]
Mark Kleinman: Cineworld revamp is a horror show for landlords August 29, 2024 This week Mark Kleinman tackles Cineworld's closures, Rolls-Royce's chief executive and plans to rename Twickenham.
Next pay ruling heralds impending employment law headache August 29, 2024 Next argued that in the wider labour market rates of pay for warehouse workers are higher than for shop-floor workers, and so they pay their warehouse workers more.