London’s Signal AI raises $50m to hire UK talent and ramp up international expansion December 15, 2021 Signal AI, a British startup that is trying to solve the “information overload” faced by business decision makers with its artificial intelligence and machine learning technology, has today closed a $50m Series D funding round. Its latest round was led by growth-stage investors Highland Europe, who have previously backed ContentSquare and Matches Fashion, and brings [...]
‘Let’s keep giving Omicron both barrels,’ says Johnson as Covid cases hit new record December 15, 2021 Prime minister Boris Johnson has doubled down on his Plan B approach, as Covid-19 cases hit their highest since March last year. Meanwhile, chief medical officer Chris Whitty offered a sobering warning on the rise of cases. Around 45 per cent of adults in England have received their booster jabs, Johnson said, as the government [...]
Bitcoin recovers some losses, but markets still look sluggish December 15, 2021 After a laboured start to the week, Bitcoin has recovered some losses from Monday. It's currently up three per cent on this time yesterday.
Crypto markets fall again ahead of possible US rates rise December 14, 2021 Bitcoin slipped to a low of $45,000 on Monday, down almost 10 per cent from its weekend highs of more than $50k.
Ocado anticipates ‘best-ever Christmas’ as it eyes new Zoom site openings December 14, 2021 Ocado has forecast its “best-ever Christmas ahead” and said it anticipated mid-teens sales growth for 2022. In a trading update for the 13 weeks to 28 November, the grocer said there was “strong momentum in under-lying demand”. It posted retail revenue of £547.8m for the quarter. This was compared to £570.1m in the same period [...]
Travel sector and real estate lead FTSE firms through second year of bumper capital raises December 14, 2021 UK listed companies have raised £24.7bn new capital from investors in a strong second year of cash calls, as firms spent another twelve months prioritising their Covid recovery. FTSE companies raised more than £12bn of that in the second half of the year to November, as record low interest rates saw investors more willing to [...]
Bitcoin looks steady after S&P 500 nears record highs December 13, 2021 Despite the uncertainty, Bitcoin did spend much of last week recovering from the previous weekend’s crash and climbed back above the $50,000 mark on Sunday.
King’s Cross hotspot for rental growth in city as student demand pushes prices higher December 13, 2021 Real estate experts have said it would take more than a minor setback with Covid variant Omicron to dent the sector’s recovery. The country would have to rewind to a situation like the start of the year, when the vaccine was in its early rollout and working from home was enforced for a long time, [...]
Superyacht orders hit record as industry glides through the pandemic December 12, 2021 Over 1,200 superyachts have been ordered, marking a jump of 25 per cent compared to last year as demand for luxury cruisers has surfed over the pandemic, according to reports. The orders for superyachts hit a new record according to data in the latest edition of Boat International’s Global Order Book, and as reported in [...]
Cryptocurrency continues to knock on the door of fiat, but those in power still refuse to open it December 10, 2021 It’s been another week of red for Bitcoin and, well, pretty much all of the other cryptos, writes Jason Deane.