Cineworld and Imax shares fly as Tom Cruise’s Top Gun smashes blockbuster opening weekend May 30, 2022 Top Gun had a top weekend, with the blockbuster hit raking in $248m (£196m) worldwide, making it the highest-opening non-superhero movie released since the start of the pandemic.
CVC Capital Partners’ cricket franchise Gujarat Titans win Indian Premier League May 30, 2022 Gujarat Titans, the cricket franchise owned by private equity firm CVC Capital Partners, won the Indian Premier League at their first attempt on Sunday. Gujarat beat Rajasthan Royals, who feature big-hitting England batter Jos Buttler, by seven wickets in a final played in front of more than 100,000 fans in Ahmedabad. CVC won a bidding [...]
Stick or twist: Ministers prepare to water down upcoming gambling review May 29, 2022 As the review for gambling legislation beckons, it is understood that ministers are rethinking what the industry has called "draconian" measures.
Sky Sports teams up with UK broadcasters to make World Cup qualifier available to all May 27, 2022 Sky has confirmed that the World Cup Play-Off Final next Sunday will be available free to air thanks to agreements with UK broadcasters ITV, STV and S4C.
BP could reconsider UK investment plans after being hit with windfall tax May 27, 2022 Energy giant BP has revealed it will have to "look at the impact" of the government's new levy on its £18bn UK investment plans.
It’s time to recognise our businesses would benefit from devil’s advocates May 27, 2022 As corporate speeches go, it was eventful. Last week, Stuart Kirk, head of responsible investing at HSBC’s asset management division, delivered a provocative speech entitled “why investors need not worry about climate risk.” One week and a media storm later, Mr Kirk is no longer a head of responsible investing. Instead, he has been suspended, [...]
Shell upholds pledge to invest in UK energy sector after Sunak unveils £5bn windfall tax May 26, 2022 Shell has reaffirmed its commitment to ramp up investment in the UK's energy sector despite the unveiling of a hefty new windfall tax.
Centurion Club preparing for ‘huge year’ as host of LIV Golf Invitational and Aramco Team Series May 26, 2022 Almost a decade after it opened its doors for the first time, Centurion Club is preparing for by far the biggest fortnight in its relatively brief history. The eyes of the golfing world will be trained on the exclusive St Albans venue from 9 June when it stages the inaugural LIV Golf Invitational, the debut [...]
Nadine Dorries launches impartiality review into the BBC May 26, 2022 Culture secretary Nadine Dorries has today launched a charter review of the BBC, which will examine if reforms are needed to ensure greater impartiality at the public broadcaster. The mid-term review of the BBC will examine whether the broadcaster is “delivering for licence fee payers” and “consider if reforms are needed to help it achieve [...]
Space SPACs: Uncertainty surrounds the mega-IPOs of the future May 26, 2022 The climate and energy crisis on Earth has markets rattled, but could investors be wooed by the plan to put nuclear energy plants on the moon and make humans interplanetary? Jeff Bezos’ Blue Origin and Elon Musk’s SpaceX, and satellite spinoff Starlink, have been pegged by analysts to be the mega-IPOs of the future for [...]