Organigram Reports Record Third Quarter Fiscal 2026 Results August 11, 2026 Record Quarterly Revenue and Adjusted EBITDA(1) Driven by Acquisition of Sanity Group
Holiday Inn owner suffers Middle East slowdown as Iran war hits tourism August 11, 2026 The owner of Holiday Inn has suffered a slump in revenue at its Middle Eastern business as the Iran war knocked the region’s tourist economy. Intercontinental Hotels Group (IHG) said its revenue per available room in the Middle East slipped by 19 per cent in the three months to June. This followed a two per [...]
As it happened: Stocks jittery as oil nears $90; Trump ‘semi-negotiating’ with Iran August 11, 2026 Welcome back to the City AM liveblog. Oil prices are marching higher for the fourth consecutive session, supported by new uncertainty between the US and Iran and continued agitation over the reopening of the Strait of Hormuz. Brent crude – the international benchmark for oil prices – was holding above $87 per barrel on Tuesday [...]
Boutique London advisory firm lands £8m funding amid M&A frenzy August 11, 2026 A boutique M&A advisory firm has landed £8m in fresh funding as it seeks to capitalise on a wave of takeover activity, City AM can reveal. London-based Lava Advisory Partners, which was founded in 2020, secured the debt finance from specialist SME lender Beechbrook Capital. The B Corp-certified firm said it would use the cash [...]
Battery Ventures Promotes Brandon Gleklen to Partner August 7, 2026 Gleklen, who invests in AI-application companies, joins new principal Jason Mendel and eight other investors globally promoted to new roles
Sia Accelerates Its Expansion in Australia with the Acquisition of Seven Consulting August 7, 2026 Sia continues its international expansion with the acquisition of Seven Consulting, an Australian management consulting firm known for its expertise in Business Transformation, serving many of the country’s largest Banking, Government, Transportation & Postal, Retail & Consumer Goods, and Energy & Utilities organisations. Founded in 2002, Seven Consulting brings together a team of over 100 [...]
Britain’s problem isn’t too much Thatcherism, but too little August 7, 2026 Margaret Thatcher remains a bogeyman for Andy Burnham and the British left despite having left Downing Street 35 years ago, but their critiques are wide of the mark, says Emma Revell Everyone has someone or something they blame when things get tough. Astrology girlies use the position of Mercury to absolve themselves of any responsibility [...]
Quilter toasts record inflows as financial advice push pays off August 6, 2026 Quilter has posted record net inflows as the wealth management firm toasts the success of capturing customers seeking financial advice. Total assets under administration and management (AUMA) jumped 25 per cent to £157.4bn in the first half of the year. The hike was driven by a 32 per cent increase in core net inflows to [...]
Fifa crisis: Is it possible to defend Infantino’s World Cup sell-off plan? August 6, 2026 Crafting a defence of Infantino isn’t easy, but it is possible to assemble both a behavioural excuse and a commercial justification for the Fifa president’s plan to sell stakes in the World Cup. One newspaper evocatively likened Gianni Infantino to Icarus at the weekend after his proposal to sell stakes in the World Cup melted [...]
Top AmLaw Firm Hogan Lovells Cadwalader Unifies Global Financial Operations with Elite’s 3E in Six Months August 5, 2026 Six-month go-live highlights Elite’s ability to deliver complex law firm operations and integrations at speed