BBC faces £100k libel trial by Tory donor over Pandora Papers Panorama April 10, 2024 Mohamed Amersi, who has been reported to have donated over £500,000 to the Conservative Party since 2016, brought the legal action against the BBC.
Diamonds aren’t forever – Anglo American mulling impairment charge over struggling De Beers February 8, 2024 De Beers couldn't turn a profit through the second half of last year (Photo by Alexander NEMENOV / AFP) (Photo credit should read ALEXANDER NEMENOV/AFP/Getty Images)
Davos 2024: City of London ready to lead the way on AI January 15, 2024 Harnessing the power of AI is top of the list at Davos and the City of London is ready to set an example, writes Chris Hayward.
Oxford Street revival to ‘peak’ next year as West End recovers from candy store scourge December 12, 2023 Sam Foyle, director of retail at Savills said that everyone has been looking at the street “really positively” and there are currently 15 deals from businesses under offer at the moment.
Musk eyes $1bn for startup xAI as he seeks to expand tech empire December 6, 2023 Musk is hoping to raise $1bn (£0.8bn) in equity for his artificial intelligence (AI) model xAI, according to the US securities regulator.
Pandora confident it can dodge slowdown in luxury market November 12, 2023 The boss of Scandinavian jeweller Pandora has said he is increasingly positive about the company’s outlook as it heads into the crucial Christmas period despite the shine coming off the wider luxury goods sector. Speaking to the Financial Times, Pandora CEO Alexander Lacik said that his company has benefited from its relative affordability: “When people [...]
Could the eastern end of Oxford Street revitalise West End retail? November 5, 2023 A host of new stores at one end of Oxford Street are breathing life into London's oldest shopping street
How lab-grown diamonds could solve ethical and price problems to be next crown jewel September 16, 2023 Petra Diamonds share price took a three per cent tumble on Friday morning, following news that the number of rough diamonds it sold slumped by 33 per cent. Adjusted profit before tax also fell by a whopping 95 per cent $8.3m (£6.7m), driven by a drive decline in total diamond production. The FTSE 250 company [...]
London tourism revival gets boost as Pocket Planet latest to land in Oxford Street September 5, 2023 Oxford Street’s continued revival has been given another vote of confidence, with the launch of miniature world specialists Pocket Planet as the latest to take up a spot in the West End. Retail leaders have heralded plans to open its 30,000 square foot indoor world as proof of the capital’s investment attractiveness, and big brands’ [...]
Oxford Street is on the cusp of a victory against the candy shops plaguing the capital August 30, 2023 Oxford Street is ready for a change of look, with new exciting retail players taking up space on the high street. Thankfully, it will entail getting rid of many candy shops, writes Dee Corsi