Klarna to revive New York IPO attempt as soon as September July 31, 2025 Swedish fintech Klarna is gearing up for a second swing at a public listing in New York after original plans were derailed by the market meltdown following President Donald Trump’s tariff onslaught. The buy now, pay later (BNPL) giant is aiming to launch on the US stock market in September or October if market conditions [...]
Inside incredible new Virgin Atlantic Clubhouse in Los Angeles that sets a new standard July 31, 2025 It was only a matter of time before Virgin Atlantic opened its very own Clubhouse at Los Angeles International Airport. After all, it’s the only airline that can claim its founder, Sir Richard Branson, has his own star on the Hollywood Walk of Fame. I flew through LAX recently and was one of the Clubhouse’s [...]
Rolls-Royce: FTSE 100 shares spike as expectations beaten July 31, 2025 Shares in Rolls-Royce have spiked after the FTSE 100 giant revealed better-than-expected interim results. The Derby-headquartered group confirmed its underlying pre-tax profit had jumped from £1.03bn to £1.68bn in the first six months of its financial year while its underlying operating profit grew by 50 per cent from £1.14bn to £1.73bn. Rolls-Royce’s underlying revenue rose [...]
Mark Kleinman: Un-Wise handling of US listing move July 31, 2025 Mark Kleinman is Sky News’ City Editor and the man who gets the Square Mile talking in his weekly City AM column Wise fails its name in handling of US listing move If only Wise was as smooth at transferring its stock market listing as it is moving its customers’ money. The company founded by Taavet Hinrikus and [...]
Woad to success: How amateur Lottie took golf by storm July 30, 2025 “No, I’m not tempted to turn pro yet,” insisted England’s Lottie Woad after winning the Women’s Irish Open, her first Ladies European Tour title, as an amateur earlier this month. Just three weeks later, she is not only a fully-fledged pro but the bookmakers’ favourite to win the Women’s Open, which starts on Thursday. It [...]
Why Evercore bought Robey Warshaw – the boutique bank that signed George Osborne July 30, 2025 With the announcement that Robey Warshaw has been bought for £146m by Evercore, the potent boutique dealmaker is set to morph into a UK foothold for the New York-based advisory firm. Evercore boss John S. Weinberg praised Robey Warshaw’s “extraordinary, long-standing relationships”, forged by its five partners – led by Simon Robey and Simon Warshaw. [...]
Rival Telegraph bid ‘ready to go’, says hedge fund tycoon July 30, 2025 City financier Jeremy Hosking has said his rival bid for Telegraph is ready to go, putting the hedge fund tycoon head to head with US private equity giant Redbird Capital Partners. Hosking plans to commit £100m of his own money into the newspaper group if his bid with The New York Sun owner Dovid Efune [...]
London Spirit: Tech titans strike Nike kit deal in Hundred first July 30, 2025 London Spirit’s new part-owners, Silicon Valley-based consortium Cricket Investor Holdings, have agreed a kit deal with Nike for the Hundred franchise which will begin next year. The Nike deal is the first bespoke commercial contract secured by one of the Hundred teams, as sponsorship deals have previously been sold centrally by the England and Wales [...]
Sky challenges Ofcom’s end-of-contract notification rule in latest legal bid July 29, 2025 Media giant Sky is trying to appeal a regulatory ruling that put obligation on it to provide customers with end-of-contract notifications
Luke Littler World Matchplay prize money puts world No1 in sight July 28, 2025 Luke Littler’s prize money from his triumph over James Wade in the World Matchplay final has moved him one step closer to becoming darts world No1. The 18-year-old has become the fifth player to win the PDC Triple Crown after being victorious at the Premier League in 2024 and the World Championship earlier this year. [...]