Revolut and CMC Markets partnership up and running July 25, 2024 The partnership between CMC Markets and Revolut had already kicked off, with reports that some Revolut clients are already live and trading.
Asda kicks debt worries into the next decade after £3.2bn deal May 3, 2024 Asda has pushed its debt worries into the next decade after it refinanced more than £3.2bn of its debt, it has been announced.
What are B Corp standards and why are they about to get tougher? January 23, 2024 B Corporation standards could get tougher as B Lab Global launches its second public consultation at a “vital juncture” for purpose-led businesses. The proposed change to standards cracks down on the “flexibility” companies currently have in becoming B Corp certified, emphasising must-have criteria for a range of impact topics. A B Corp is a company [...]
Informa momentum grows helped by Saudi and Gulf “growth engine” March 8, 2024 Informa revenues and adjusted operating profit both grew last year, with the FTSE 100 firm also hiking guidance
The Debate: Should B Corps cut ties with fossil fuel companies? July 25, 2024 City A.M.’s weekly feature takes the fiercest water-cooler debates and pits two candidates head to head before delivering The Judge’s ultimate verdict. The Debate: Should B Corps cut ties with fossil fuel companies? Is it delusional to pretend that fossil fuel companies meet the B Corp standards, or is it unrealistic to shun companies like [...]
Playtech beats expectations as US casino deals boost growth March 27, 2024 Gambling software firm Playtech's full-year earnings came in ahead of market expectations as a string of prior deals with US casinos helped drive growth.
The fight for B Corp’s soul August 6, 2024 Last month, the French media giant Havas was stripped of its B Corp certifications after signing a global media buying contract with Shell. Ali Lyon explores what the decision means for the industry
Football NFT platform Sorare raises $680m in Series B funding round September 21, 2021 Sorare, an NFT-based fantasy football game, has raised $680m (£497m) in Europe’s biggest ever Series B funding round. On the Sorare platform users buy, sell and exchange digital football cards, representing players, to build a fantasy team. Each card is an NFT meaning that it is unique and ownership is verifiable on a blockchain. “Sorare’s [...]
Morrisons suitor CD&R gears up to beat Fortress bid August 16, 2021 New York bidder Clayton, Dubilier & Rice (CD&R) is gearing up to place its counter-bid to the leading £10bn Fortress offer for Wm Morrison supermarkets before its deadline next Friday. CD&R planted the seed for the ongoing private equity bidding war for the British supermarket in June, when it placed a 230p per share offer [...]
It’s Quiz-mas! How will you score in Deloitte’s big economics quiz of the year? December 20, 2023 The answers and a brief explanation of the factors at work are at the end of this note. Obviously, our readers won't be cheating....