London-listed Kakuzi issues profit warning on poor avocado harvest January 6, 2022 Food producer Kakuzi has issued a profit warning to shareholders today due to a poor avocado harvest and stiff competition among European buyers. Total earnings for the year to December 31 will be at least 25 per cent lower than last year’s profits, the Kenya-based company said in a statement. Chairman Nicholas Ng’ang’a explained that [...]
Ten insightful books for value investors January 6, 2022 Here on the Schroders value team, we’re always looking for an opportunity to gain an investment edge. Books don’t necessarily need to be directly connected to investing in order to help us find new insights. Here, we consider a variety of books that we think can offer useful perspectives to investors. Juan Torres Rodriguez suggests [...]
Novak Djokovic set to be deported after Australia visa row January 5, 2022 Nine-time Australian Open champion Novak Djokovic looks set to miss this month’s Grand Slam after he was dramatically denied entry to the country yesterday. The men’s tennis world No1 struck a triumphant tone when posting on social media this week that he would be playing the Australian Open having been exempted from its strict Covid-19 [...]
Fashion NFTs are more than just marketing January 5, 2022 Fashion guru Stefania Barbaglio argues the case for NFTs and the metaverse as the future of the industry.
Together Energy on the brink of collapse after funding bid fails January 5, 2022 Council-backed supplier Together Energy is on the brink of collapse after its last-ditch search failed to find fresh funds, according to Sky News.
No Time To Die: James Bond saves Home Entertainment with £3bn boost January 5, 2022 New data today revealed that Home Entertainment value rose to £3.7bn in 2021, up 13.3 per cent from the previous year, thanks to blockbuster hits like No Time To Die.
Absolute Radio and Jazz FM broadcasters secured for another decade as government renews licences January 5, 2022 Radio lovers will be able to enjoy the best of the UK’s national commercial broadcasters’ content through free-to-air digital radio for the next decade as the government gives Ofcom the power to renew two national commercial radio multiplex licences - Digital One and Sound Digital.
YouTuber’s 888 poker ads were not aimed at children says industry watchdog January 5, 2022 The UK advertising watchdog has dismissed two complaints against gambling company 888 UK for two videos on a YouTuber's channel, supposedly promoting gambling to young people.
Lending a hand: government loans to energy firms can’t be the final answer January 5, 2022 Some of the media seem to have become addicted to gloom. Most outfits have become cautiously optimistic on Covid-19, but the prospective double squeeze on living standards has rushed in to fill the gap. Consumers are faced with tax increases and sharp rises in energy bills. The surge in the world price of energy means [...]
France discovers new Covid variant IHU with 46 mutations amid 271,000 coronavirus infections, biggest one-day jump on record January 5, 2022 French media are reporting that a new Covid variant with 46 mutations has been discovered in the country. The new strain, named IHU, has been discovered in the southwest of France and, according to multiple news outlets, intensive care and hospital admissions have been increasing in that region in recent days. So far, there are [...]