Hello Sunshine, Reese Witherspoon’s company behind hit Big Little Lies, valued at $900m in Blackstone deal August 2, 2021 Academy award-winning actress Reese Witherspoon’s media company, Hello Sunshine, is selling itself to a newly formed media firm backed by Blackstone Group Inc for an undisclosed sum. The sale will value the company at about $900 million, people familiar with the matter told Reuters. Founded in 2016, Hello Sunshine is the women-led production house behind [...]
Ganymede wine list is a breath of fresh air April 19, 2022 Nestled in reassuringly expensive Belgravia is cosy corner restaurant Ganymede, with that kind of understated elegance that appeals to comfortably well-heeled patrons. Escaping the drizzle without, we headed indoors to be welcomed by the heady scent of perfumed candles and pleasantly smiling staff ushering us towards polished wooden tables and green leather booths. Hard pressed [...]
SoftBank-backed Policybazaar files for IPO amid Indian digital economy boom August 2, 2021 Online insurance marketplace Policybazaar is to embark on an initial public offering that could rally $809m if it secures the loftier end of its price range. The SoftBank-backed startup follows a string of other tech-based emerging companies preparing to ride India’s booming digital economy wave. Policybazaar will sell off new shares, according to a public notice published [...]
Man City owner raises almost half a billion to fund further expansion – reports July 16, 2021 City Football Group, the owner of Manchester City and a host of other clubs across the world, has raised almost half a billion-worth of debt capital according to reports this morning. The Group has raised $650m (£470m) to finance international ambitions, according to sources who spoke to the Financial Times. The seven-year package has been [...]
New Zealand to enter strict lockdown after single Covid-19 case detected – CityAM : CityAM August 17, 2021 New Zealand is set to enter its highest level of lockdown tonight after detecting a single case of Covid-19 in Auckland, Prime Minister Jacinda Ardern has confirmed. A 58-year-old man has been found to have the virus – the first coronavirus case within New Zealand’s borders for 170 days. The strict restrictions comes amid concerns [...]
Walmart seeks digital currency and crypto product lead August 16, 2021 US retail giant Walmart is searching for a digital currency and cryptocurrency product lead to help the company make inroads into the crypto space. According to an advert posted on the company’s career page, the retailer is looking for a fresh hire who can “own and drive the Digital Currency strategy for Walmart” and develop [...]
Walmart seeks digital currency and crypto product lead – CityAM : CityAM August 16, 2021 US retail giant Walmart is searching for a digital currency and cryptocurrency product lead to help the company make inroads into the crypto space. According to an advert posted on the company’s career page, the retailer is looking for a fresh hire who can “own and drive the Digital Currency strategy for Walmart” and develop [...]
Cloud computing providers pose risk to financial stability – BoE July 13, 2021 Cloud computing providers could become a threat to financial stability and regulators need to crackdown on them to strengthen banks’ resiliency, the Bank of England warned on Tuesday. The Bank said some cloud computing providers can be secretive and could disrupt the normal functioning of the UK financial system. Read more: British SMEs exposed to [...]
McLaren launch Extreme E livery as they announce new driver November 3, 2021 McLaren Racing have launched their Extreme E livery on a day which also saw the the motorsport group announce Emma Gilmour as their new driver. Unveiled at a Cop26 event by the Prince of Wales, the livery will feature as motorsport giant enters the sustainable racing series. On becoming McLaren’s first female driver, Gilmour said: [...]
Rishi Sunak prepares to chair G7 finance ministers summit in London June 3, 2021 Rishi Sunak will tomorrow chair the first day of this year’s G7 finance ministers summit in London, with a global taxation deal set to be on top of the agenda. The chancellor has said his major priorities for the two-day summit will be an agreement on a global tech tax and to urge other G7 [...]