DS Smith’s profit drops 54 per cent despite lockdown shopping surge in UK December 10, 2020 Cardboard manufacturer, DS Smith, will resume dividend payments despite a 54 per cent drop in profits in the six months to 31 October.
The tale of Big Tech’s reckoning was spelled out by Rockefeller’s downfall – CityAM : CityAM September 23, 2021 The Austrian economist Joseph Schumpeter described an effective free market as a “gale of creative destruction”. Old companies and outdated ideas would be cast aside by the market’s pursuit of the new, and the consumer would be the winner. It is little surprise then that incumbents tend to do all they can to arrest the [...]
Marcus Rashford to hold talks with Deliveroo over workers’ rights March 26, 2021 Marcus Rashford is reportedly set to hold discussions with Deliveroo amid rising concerns about the way the delivery giant treats its workers. Deliveroo has come under scrutiny in recent days after it emerged many of its riders were not earning minimum wage. A string of major investors have also distanced themselves from the company’s blockbuster [...]
European Super League: How much do clubs stand to earn? Where is the money coming from? And will the rest of football be worse off? April 19, 2021 The driving force behind plans for a new European Super League is money – specifically, the chance to make more of it. But exactly how much money do the six English clubs involved – Manchester United, Liverpool, Manchester City, Chelsea, Arsenal and Tottenham Hotspur – and the other six known founder teams – Real Madrid, [...]
Uber shares fizz on $1.1bn takeover of alcohol delivery firm Drizly February 2, 2021 Shares in Uber moved up a gear this afternoon after it announced a $1.1bn (£806m) deal to acquire alcohol delivery service Drizly. The deal, which is Uber’s biggest acquisition since it bought rival Postmates last year, will be paid more than 90 per cent through stock, with the remainder paid in cash. Once the transaction [...]
Eddie Jones’ squad offers glimpse into England’s World Cup future September 21, 2021 Eddie Jones has given a glimpse of his plans for the Rugby World Cup in 2023 after England’s head coach excluded several senior players from his autumn training squad. The Vunipola brothers, Billy and Mako, plus George Ford, Jamie George and the injured Elliot Daly were omitted from the 45-man squad, who are set to [...]
How to cancel ‘cancel culture’ and correct the politically correct May 8, 2022 Crypto AM columnist Dr Chris Kacher examines how a Web3 metaverse can help stabilise the world's unbalanced avenues.
Manufacturing output on track for spring surge March 23, 2021 Manufacturing output hit its highest level in nearly two years in the three months to March in the clearest sign that a revival could be on the cards for the sector. Although still flat, the CBI’s monthly order book balance rose to -5 in March, the highest reading since April 2019 and up from -24 [...]
Africa, an overlooked continent for global investment is becoming a burgeoning Fintech leader July 17, 2021 “But do people in Africa actually play video games?” That’s a question I am often asked when talking about my business, by bemused venture capitalists and startup founders alike, anywhere from London to Hong Kong, New York to Silicon Valley. That one question exposes a persistent attitude towards Africa; that the continent is decades behind [...]
How to celebrate World Cocktail Day this Thursday May 10, 2021 This Thursday is World Cocktail Day, and what better way to celebrate than splashing out on some new glass- and silverware with which to shake and sip your mix of sugary booze? For collectors that means more than a cursory scroll through the Amazon listings: must-have items include Art Deco Parisian ‘Boston’ cocktail shakers and [...]