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Bottoms up: Central London set for a new rooftop bar as Maven Leisure raises £2mMaven plans to raise the money via the private equity investment firm Growthdeck, which offers “tax-efficient investment opportunities in UK growth businesses”.City A.M. - Published | |
Would nationalisation get the railways back on track?Labour have promised to renationalise nearly all passenger railways within their first term if they win the next election. But will it leave the railways better off?Sky News - Published | |
Former top Post Office executive says she never 'knowingly' did anything wrongA former top Post Office executive has told the inquiry into the Horizon scandal that she never "knowingly" did anything wrong.Sky News - Published | |
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The hypnotic appeal of the tourbillon, from Seiko to Jaeger-LeCoultreMeaning ‘whirlwind’ in French, the tourbillon is a whirring merry-go-round in miniature. The tourbillon’s visual fascination is hypnotic.City A.M. - Published | |
Markets Extend Gains For 5th Session; Sensex Revisits 74KRecovering after a sell-off in early trade, the 30-share BSE Sensex climbed 486.50 points or 0.66 per cent to settle at 74,339.44. During the day, it surged 718.31 points or 0.97 per cent to 74,571.25.Zee News - Published | |
What do analysts think of BHP’s £31.1bn proposal for Anglo American?Though the proposal mandates divesting two of Anglo American's problem children, it appears BHP is fine with keeping diamond brand De Beers.City A.M. - Published | |
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Tech Mahindra misses Q4 revenue view on weak communications segmentTech Mahindra's fourth-quarter revenue fell below estimates due to weak performance in the communications and media segment. The company reported a decline in consolidated revenue and net profit,..IndiaTimes - Published | |
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Supercar maker McLaren hit by £375m impairment chargeMcLaren Group, the British supercar maker and Formula One team-backer, has given lenders signs of an improvement in its financial performance even after a £375m impairment charge propelled it to a..Sky News - Published | Focusrite: Music software company hits flat note as revenue falls £11mFocusrite's net debt more than doubled to £27.3m in the first half of the year, which it blamed on higher working capital levels.City A.M. - Published |
Elite global firm McKinsey in US Justice Department hot chair over Opioid crisisConsultancy firm McKinsey has been placed under criminal investigation in the US over its role in the country's Opioid crisis.City A.M. - Published | Labour would renationalisation rail in bid to save British taxpayer £2.2bn a yearRenationalising the railways will save the taxpayer £2.2bn every year, Labour’s shadow transport secretary has claimed, thanks to “significant efficiencies”.City A.M. - Published |
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WH Smith fails to impress as shares slump despite boom in travel armShares in WH Smith were down by almost seven per cent in early trade, despite the business telling markets it has high hopes for a strong summer of trade as demand for travel booms.City A.M. - Published | Barclays profits down amid sluggish mortgage demandBarclays has reported a 12% fall in profits for the first three months of the year after mortgage lending and deposits dipped.Sky News - Published |
Rachel Reeves: Labour will be ‘most pro-business government this country has seen’Speaking to the Times, Reeves promised that business groups would be "in the room" to ensure Labour met its "mission" to make the UK the fastest growing economy in the G7.City A.M. - Published | Good signal for Indian IT sector job seekers: Contractual hiring shows demand uptickIndia's information technology companies are seeing a surge in contractual hiring, indicating improvements in the demand environment for IT services providers. The uptick in contractual hiring follows..IndiaTimes - Published |
Schroders posts rise in assets as it looks to rebound from ‘challenging’ yearSchroders has reported an uptick in assets under management during the first three months of this year as it looks to rebound from a challenging 2023.City A.M. - Published | Is China stockpiling oil and other resources in case of future war?Tankers in Dongying discharge Russian oil for China's reserves, exceeding US. Amid rising Russian imports post Ukraine invasion, China consumes 14M barrels/day, preparing for potential future conflicts..IndiaTimes - Published |
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