Bumble tumbles as it misses Wall Street estimates November 10, 2022 Shares in the Bumble tumbled last night after the dating app’s third quarter results fell below Wall Street expectations. Although total revenue increased 16.8 per cent to $232.6m, compared to $199.1m, the dating group failed to rally momentum behind its other apps, including Badoo and Fruitz. The Badoo app and other revenue dropped 10.2 per [...]
Trussonomics, Super League and Qatar World Cup: Why proactive PR matters November 10, 2022 Communications expert Matthew Fletcher-Jones explains why Qatar and Fifa are fighting a losing PR battle over perceptions of this year’s World Cup. Imagine you proposed a revolutionary approach, promising growth and a brighter future. Yet you never got out of the blocks as your first step was revealing that the rich would get richer. Revolutions [...]
British Gas owner Centrica hands £250m to shareholders as profits surge November 10, 2022 British Gas owner Centrica will hand £250m to shareholders as high wholesale prices put the firm on course for massive profits.
As long as we talk in emotive terms like reparations, we make the climate political November 10, 2022 No matter if a delegate was wearing an Arabian thawb, an African dhuku or a Western business suit; all attendees I encountered at Cop27 in Sharm El-Sheik, Egypt were unanimous in recognising that action must be taken to stem the impact of climate change – and fast. It was clear from the very beginning of [...]
Russia retreats from Kherson in major setback for Putin November 9, 2022 Russia has ordered its troops to retreat from the Ukrainian port city of Kherson in a major setback for Vladimir Putin’s war effort. Russian general Sergei Surovikin today said it was no longer possible to supply the city and the western bank of the River Dnipro. Kherson, which had a pre-war population of 280,000, was [...]
Marks & Spencer profit dented as Ocado joint venture books £0.7m loss November 9, 2022 Marks & Spencer’s half-year profit slid on Wednesday after it said its joint venture with online grocer Ocado had suffered a £700,000 loss. In half-year results to 1 October, M&S said its group profit before tax was £205.5m, versus a £269.4m sum the previous year. Bosses pointed to a lack of business rates relief compared [...]
Exclusive: Industry body slams UK-US LNG deal following fracking snub November 8, 2022 UKOOG has hammered the Government's decision to chase a long-term LNG deal with the US, while banning fracking.
Qatar World Cup could cost Brits £34 more than 2018 summer comp due to rising energy bills November 8, 2022 The winter World Cup in Qatar will cost Brits £34 more than watching the previous one from Summer 2018 in Russia. Rising energy bills and increased prices of a a pint, means it’s likely England fans will watch the tournament at home, increasing the use of energy and electricity. New figures from Saxo claims that [...]
Boost energy efficiency to tackle climate change, says Schneider Electric November 8, 2022 There needs to be more of a focus on less exciting parts of the green transition, argued a leading analyst at Schneider Electric.
Cypriot PwC partners set up new firm to continue working with Russian clients November 8, 2022 Three ex-partners from PwC’s Cyprus office have left the Big Four accountancy firm to set up a new rival practice in order to continue working with Russian clients. The launch of KiteServe comes after the three ex-PwC partners took early retirement from the Big Four firm in June, after its sanctions policy blocked them [...]