Private equity firms readying bids for Boots after owner puts chain on sale for £7bn January 16, 2022 Private equity firms are readying to enter the auction for high street chemist Boots after its American owner Walgreens Boots Alliance put the chain on the market for £7bn.
JP Morgan hits record annual profits despite fourth quarter slowdown January 14, 2022 JP Morgan has reported record annual profits today despite a slowdown in its trading business and rising costs biting into into fourth quarter profit margins. Profits for the full year hit a record $48.3bn, but the final quarter of the year saw a dip to $10.4bn, a 14 per cent fall on the previous year. [...]
Tiger Woods-backed SPAC gears up to go public with $150m fund raise January 14, 2022 A special purpose acquisition company (SPAC) backed by Tiger Woods is heading for an initial public offering.
Tech leaders double down on digital currency following Lords rebuttal January 14, 2022 Tech bosses have doubled down on calls for a central bank backed digital currency (CBDC) after a report by the house of Lords.
Shares in private equity giant TPG surge after flotation January 14, 2022 Shares in US Private equity giant TPG surged on its first day of trading.
Starling Bank tops customer experience ranking as demand for digital banking booms January 13, 2022 Starling Bank has topped a list of the UK’s best customer experience companies.
Tencent leads $96m funding round into Dublin restaurant tech firm Flipdish January 13, 2022 Tencent has led a $96m funding round into Dublin-based restaurant tech firm Flipdish which values the firm at $1.25bn.
Short-sellers pile into Beyond Meat as investors doubt plant-based meat boom January 13, 2022 Short sellers have piled into the US plant-based meat firm Beyond Meat as investors begin to question the advent of the plant-based meat boom.
All Bar One owner reveals sales slump as Omicron keeps drinkers away January 13, 2022 All Bar One owner has revealed a slump in sales in the final eight weeks of 2021.
London heads for bumper year of venture capital investment after record 2021 January 13, 2022 London’s is heading for another bumper year of investment after 2021 saw record amounts of venture capital (VC) injected into the capital’s tech firms.