WeWork – and Neumann – enjoy share boost on belated Wall Street debut October 21, 2021 Shares in WeWork rose as much as 12 per cent on its first day of trading on the New York Stock Exchange, as the office space provider’s two year journey to a public offering finally came to a head. WeWork began trading its shares today after shareholders approved a $9bn merger with special-purpose acquisition company [...]
Asos warns profit will be hit as shoppers return more clothes amid cost of living crunch June 16, 2022 Asos has warned it is expecting lower profit this year after an increase in customers returning clothes due to the pressures of higher living costs. Asos lowered forecasts for the year, with sales anticipated to be in the range of four per cent and seven per cent, which it put down to “market volatility and [...]
BEIS committee calls for sector deal to protect steel industry November 5, 2021 The government must establish a new steel sector deal to ensure the UK industry remains competitive, says the business, energy and industrial strategy (BEIS) committee. In its latest report, the committee argues it could resolve long-running issues in the sector such as high energy prices and barriers to supplying steel for major public projects. The deal could [...]
Why bargain hunters should be shopping in Europe, not the US August 11, 2022 Value stocks in Europe are the “unloved of the unloved”, but they have actually offered more growth than growth stocks. Here, three charts tell the story. The value investor has become something of an endangered species over the last decade, pushed to the side-lines of a market fixated on seeking never-ending growth in areas such [...]
Ed Warner: Why 2022 is the year of the sportswash January 5, 2022 A city without snow and a state in the desert. Obvious places to hold the Winter Olympics and World Cup if you are the International Olympic Committee and football governing body Fifa. Welcome to 2022, the Year of the Sportswash. The principal outdoor venues for Beijing 2022 are – on a good day – 90 [...]
Bitcoin treads water close to $23k as Ethereum shows nerves, but Cardano looks strong January 23, 2023 Bitcoin looks to be gathering strength for an assault on $23,000 after finding resistance around the $22,800 mark over the weekend.
How Gaucho’s boss has turned the once-troubled steakhouse into a success story January 17, 2023 Martin Williams – the man behind M Restaurants – and his partners pulled Gaucho out of administration in 2018. Since then he’s turned the brand into one of the hospitality industry’s shining lights, with profits up and expansion continuing. We ask him how he’s done it. ASK regular restaurant-goers what their biggest bug bear is [...]
The best city cars to buy in 2022 November 30, 2022 Drive in London? Tim Pitt nominates the best city cars you can buy in 2022, including the Citroen Ami, Kia Picanto and Volkswagen Up.
Size matters: Why tiny Qatar decided it needed to host the World Cup November 16, 2022 Sport business and geopolitics expert Professor Simon Chadwick explains the economic, security-related and nation-building reasons why Qatar is hosting the World Cup. With the start of the men’s World Cup in Qatar imminent, fans are looking ahead to the action starting. Some will be anticipating Harry Kane retaining his Golden Boot, though others may feel [...]
Ed Warner: The row over sport banning Russian players will be even bigger in 2023 January 12, 2023 Wimbledon will be here before we know it. Expect the debate about banning Russian and Belorussian stars to start soon. The tug of war over the two bellicose nations’ participation at next year’s Paris Olympics and Paralympics has already begun. Schisms within sports and between their leaders and politicians are inevitable. Last year, backed (or [...]