Tough new US tech laws could open up a whole new UK market October 2, 2023 The US, known for its friendly approach to tech, is looking to toughen up rules against Web3 and blockchain technologies, giving the UK a fresh chance to seize billions worth of investment, writes Iain Mansfield
UBS says not aware of Department of Justice probe into sanctions-related compliance failures September 30, 2023 UBS said on Saturday it was not aware of a probe by the U.S. Department of Justice into alleged sanctions-related compliance failures, after a media report earlier this week.
Bitcoin helping people of Lebanon navigate financial crisis September 28, 2023 Nigel Green examines how crypto is enabling Lebanese businesses to engage in international trade more efficiently.
Candy Crush makes over $2bn a year – here’s how it plans to make more September 28, 2023 The president of Candy Crush creator King believes that the mobile gaming sector still offers a global opportunity.
Rocket man: Kim Jong Un amends North Korea constitution in nukes production push September 28, 2023 North Korean leader Kim Jong Un has amended his nation’s constitution to include his policy to expand the country’s military nuclear program. State media said on Thursday that Mr Kim, infamously dubbed ‘little rocket man’ by former President Donald Trump, has called for an exponential increase in the production of nuclear weapons. The Korean Central [...]
ATP and WTA Tours take first step towards joining businesses in talks with CVC September 27, 2023 The men’s and women’s tennis tours have taken the first steps towards combining their businesses in a move pushed by CVC Capital Partners.
Everyman posts five-fold drop in losses to £4.3m but Oppenheimer effect offers hope September 27, 2023 British cinema chain Everyman has reported a fivefold increase in losses due to weak ticket sales. Everyman, which has 41 cinemas, posted pre-tax losses of £4.3m for the first six months of the year, five times the £798k lost in the same period last year. Shares dipped over one per cent on Wednesday morning. Admission [...]
Flutter: Betfair and Paddy Power owner pays £123m for Serbian betting company September 27, 2023 The owner of major betting companies such as Paddy Power and Betfair, Flutter Entertainment, has bought an initial 51 per cent stake in Serbian gambling operator MaxBet Kladionica. The Irish gambling giant shelled out €141m (£123m) for MaxBet with an option to acquire the remaining 49 per cent in 2029. Shares nudged up over one [...]
Amazon sued by US in landmark monopoly case after four-year probe September 26, 2023 The US Federal Trade Commission filed an antitrust lawsuit against Amazon as the government pressed on with its fight to rein in Big Tech.
Smart ticketing, global sponsors and DJ Khaled: How Ryder Cup became big business September 26, 2023 Luke Donald and DJ Khaled are not obvious bedfellows; one the home counties-born epitome of golfing restraint who captains Europe at this week’s Ryder Cup in Rome, the other a Grammy-award winning hip-hop DJ and producer more accustomed to making hits for rappers such as Kanye West, Snoop Dogg, Megan Thee Stallion and T-Pain. Yet [...]