Kanye West escorted from Skechers HQ after turning up ‘unannounced and without invitation’ October 28, 2022 Kanye West was escorted from the headquarters of trainer firm Skechers after arriving “unannounced and without invitation”. The comfort technology giant issued a statement saying it was not intending to team up with the controversial rapper who was dropped by Adidas earlier this week over racist remarks. Adidas announced it was pulling out of a [...]
Letters: Elon Musk has a people problem November 15, 2022 [Re: Musk sends remaining Twitter staff back to office, Nov 10] We often see Elon Musk front and centre of the news for being a brilliant businessman. But if the past two weeks have shown us anything, it’s that being a brilliant businessman doesn’t automatically make you a brilliant leader of people. A full U-turn [...]
Electric Guitar: Digital marketer buys data analytics firm set up by its chief August 9, 2024 Digital marketing and advertising company Electric Guitar will acquire software solutions provider Mymyne, previously set up by its chief executive. Mymyne was set up in 2019 by Electric Guitar’s chief executive, John Regan, to develop and commercialise data-related software services, with swoop is being viewed as a sign that the marketing world is moving towards [...]
Asda slashes debt as value range sales surge November 15, 2023 Asda has reduced its debt pile from £4.2bn to £3.9bn, according to its third quarter results, thanks to “strong cash generation” at the UK supermarket. The ‘Big Four’ grocer, said that during the term like-for-like sales, excluding fuel, increased by 2.8 per cent to £5.4bn compared to the same period last year. Food like-for-like sales [...]
Hostelworld: Travel agency starts to pay off pandemic debt after record bookings in Asia August 8, 2024 Backpacking Brits looking for cheap stays in Asia and Central America helped online travel agency Hostelworld achieve a record performance in the first half of its financial year. The Irish company, which is listed in London, reported record bookings in Asia and Central America in the six months to June 30. Net booking rose by [...]
Election 2024: Five takeaways from the BBC Question Time leaders special June 20, 2024 We watched Sir Keir Starmer and Rishi Sunak getting a grilling from the BBC Question Time audience so you didn't have to. Read our top takeaways here.
Davos round-up: Citi’s lazy homeworkers, Credit Suisse’s ‘horrifying year’ and ESG investing gets political January 17, 2023 As some of the world’s most important bankers gather at the World Economic Forum in Davos to discuss an array of economic, political and social challenges, City A.M. wraps up some of the top lines from the day. Credit Suisse’s “horrifying year” Credit Suisse’s own chair, Axel Lehmann, described 2022 as “a horrifying year for [...]
Coca-Cola HBC raises guidance after strong half despite currency headwinds August 7, 2024 Coca-Cola HBC AG has raised its guidance after the company reported another strong six months of growth, despite currency headwinds eating into the group’s profits in emerging markets. The bottling giant behind Coca Cola and other major soft drinks reported revenue growth of 3.1 per cent in the six months to 24 June. Sales of [...]
National Take Your Dog to Work Day: When it is and how to get involved June 13, 2023 National Take Your Dog to work day is fast approaching, coming up in the UK on Friday 23 June. Established in 2014 by pet product company HOWND®, this year money raised by the initiative will be donated to three charities, All Dogs Matter, Animals Asia and Surge Sanctuary. If you’d like to get involved by donating [...]
Deutsche Bank appoints company veteran to head UK and Ireland following Numis deal November 14, 2023 Deutsche Bank has chosen long-serving Vathany Vijayaratna to become chief executive of its UK and Ireland division effective immediately, subject to regulatory approval.