Brexit: Britain to sign sixth US state-level trade deal since leaving EU September 26, 2023 The UK is poised to sign its sixth trade agreement with a US state. Industry and economic security minister Nusrat Ghani will sign a Memorandum of Understanding (MoU) with Washington state in Seattle. The West Coast state is home to major US companies including Amazon, Starbucks, Microsoft and Boeing, with the aerospace sector a priority [...]
Windfall tax will hurt UK’s climate ambitions, oil boss warns May 4, 2023 The windfall tax will make the UK more reliant on carbon-intensive imports to meet its energy needs - warned the boss of Ithaca Energy.
Gaucho and M boss: Eat out with a clear conscience – or just eat at home April 21, 2022 THE owner of working lunch institutions Gaucho and M has said he’d rather eat at home if he can’t eat out with a clear conscience.Martin Williams, the restaurateur behind Rare Restaurants, told City A.M. yesterday that he would only be serving carbon-neutral beef from now on as consumers demand more from where they’re eating. “Our [...]
Nvidia’s revenue surges 262 per cent and unveils stock split; shares top $1,000 milestone May 23, 2024 Nvidia's revenue surged 262% last quarter due to AI chip sales, pushing shares over 6% to cross $1,000 for the first time.
Apple shop workers in Maryland join union in first for tech giant June 19, 2022 Apple employees in Maryland have become the latest in a tranche of workers in the US unionising, following the likes of Starbuck and Amazon. Workers at one Apple store voted to join a union over the weekend, the first retail staff working for the tech titan to unionise in the US. After a ballot of [...]
‘Massive opportunity’ for UK firms as digital services could save public 75,000 years April 24, 2024 Digitising the UK’s government services could save Brits a collective 75,000 years of lost time annually and represents a “massive opportunity” for firms, new data has revealed.
FTSE 100 close: Tumbling pound boosts London index as Ocado slides June 28, 2023 London’s FTSE 100 sprang higher today, aided by the pound clocking a dreadful day. The capital’s premier index jumped 0.52 per cent to 7,500.50 points, while the domestically-focused mid-cap FTSE 250 index, which is more aligned with the health of the UK economy, leapt 1.98 per cent to 18,412.81 points. Early advances in the City [...]
Let’s be honest, Tesco making big profits is a good thing April 18, 2024 Instead of criticising Tesco for having a bumper year, we should praise it for providing cheap food and jobs for millions, says Matthew Lesh There’s an unorthodox tourist sight that I always tick off on trips abroad. It’s not that I don’t check out the historic squares, the museums and galleries or even the nightlife. [...]
Amazon-backed Tesla rival Rivian picks up $2.5bn in single round July 10, 2020 Rivian, an electric truck-making startup backed by Amazon and Ford, has raised $2.5bn in a fresh funding round led by T. Rowe Price. The new round takes the total investment in Rivian to at least $6bn, including a $1.3bn round in December also led by T. Rowe Price. Rivian’s latest funding round was supported by [...]
Blavatnik’s firm pumps $4.3bn into sports media group DAZN February 19, 2022 Billionaire investor Sir Len Blavatnik has announced a $4.3bn capital injection into sports media firm DAZN as the firm eyes an expansion into betting, gaming and NFTs.