Terrible Thursday for Darktrace as shares nosedive by 25 per cent after private equity walks away September 8, 2022 Darktrace share price jumped sharply on reports last month that it is in talks with private equity fund Thoma Bravo, although no figure was attributed to the discussions. However, this morning it was confirmed that these talks had ended with no prospect of an offer being made in the near future, although the option was [...]
Russia threatens to halt energy shipments into Europe September 8, 2022 Russia could halt all energy shipments into Europe if the West pushes through proposals for caps on the price of gas, warned Putin.
Lloyd’s of London to give staff £2,500 helping hand ahead of winter September 8, 2022 Lloyd’s of London is to give staff earning less than £75,000 per year a £2,500 one-off payment later this month to help with surging inflation. Chief Executive John Neal told City A.M. this morning that it was set to be a “pretty rotten winter” and “as employers we’ve got an obligation to think, to care [...]
New Chelsea owners revert to same old ruthlessness over Tuchel sacking September 7, 2022 It feels like a lifetime ago since we were watching then Chelsea manager Thomas Tuchel and current Tottenham Hotspur manager Antonio Conte in each other’s faces on the touchlines of Stamford Bridge like Anthony Joshua and Oleksandr Usyk . But nearly a month on, and just two victories for the Blues later, Tuchel was today [...]
Boeing says it stopped buying aluminium from Russia September 7, 2022 Boeing stopped buying aluminium from Russia earlier this year as Moscow was hit by Western sanctions following the invasion of Ukraine, the company said late last night. “Boeing suspended purchasing aluminium from Russia in March, as we suspended major operations in Russia,” it said in a statement. Russia is the world’s second largest producer of [...]
Russia ratchets up tensions with the West as it calls for grain deal to be reopened September 7, 2022 Grain deliveries from Ukraine in jeopardy after Russian President Vladimir Putin called for its deal with the West to be reopened.
Chelsea sack manager Thomas Tuchel after 100 days of new ownership September 7, 2022 Premier League club Chelsea have sacked their manager Thomas Tuchel as the club reaches the end of its first 100 days under new management. Tuchel’s Chelsea fell to a humiliating defeat last night at the hands of Croatian side Dinamo Zagreb in the Champions League leaving the Blues on a three-match losing streak in all [...]
Phones ringing in Canary Wharf as new Chancellor Kwarteng summons Britain’s bank and insurance chiefs September 7, 2022 The brand new Chancellor, Kwasi Kwarteng, will set out the Government’s new economic approach to the bosses of UK’s major banks after he summoned the banking heavyweights to the Treasury for talks on his first full day in office. Along with the chief executives, the new occupant of No 11 Downing Street invited the leaders of [...]
Siemens refutes Gazprom claims for Nord Stream pipeline shutdown September 6, 2022 Gazprom's claims that the Nord Stream 1 pipeline is down due to faulty equipment were called into question by Siemens Energy.
Liz Truss says UK can ‘ride out the storm’ in first speech outside Number 10 September 6, 2022 Liz Truss has vowed that Britain can “ride out the storm” it is facing during her first speech outside Number 10 Downing Street. The former foreign secretary was greeted by warm applause as she arrived at Number 10 for the first time as Prime Minister, and said she would outline her energy support package later [...]