Tennis could be the next sport to fall into the arms of Saudi Arabia after discussions at Indian Wells this week reportedly included a $1bn take-it-or-leave-it offer from the state …
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‘Concessions to the gas lobby’: Renewable energy sector blasts government’s gas power play
The UK’s renewable energy sector has slammed the government’s new commitment to develop gas-fired power stations to act as a back up to support green energy projects, arguing it cancels …
Navigating the AdTech Evolution: A New Era of Innovation and Competition
Olga Dmitrenko, Chief Revenue Officer, the award winner The advertising technology (AdTech) landscape is experiencing an unprecedented era of growth and transformation. Amidst this dynamic environment, AdTech Holding emerges as a beacon …
London Bitcoin trial: Self-proclaimed creator ‘lied on an extraordinary scale’ – and will be referred to director of public prosecutions
The London Bitcoin trial is coming to an end as a senior barrister told the High Court today that throughout, Craig Wright attempted a “very serious fraud upon the court”. …
Nord Stream launches lawsuit against Lloyd’s of London insurers over pipeline sabotage
The operator of Nord Stream pipelines has launched a €400m (£341m) lawsuit in the English High Court against two insurers over sabotaged pipelines. The multi-billion dollar Nord Stream 1 and …
Liverpool owners FSG plan to buy second club after re-hiring transfer guru Edwards
Fenway Sports Group plans to buy a sister club to Liverpool FC after luring former sporting director Michael Edwards back to the organisation in a new high-powered role. FSG announced …
I won’t hike council tax and congestion charges to fund cash-strapped TfL, says Sadiq Khan
Sadiq Khan has said he will not hike council tax or congestion charges to find more funding for cash-strapped Transport for London (TfL). In an interview with City A.M., London’s …
Why markets still think the Fed will cut interest rates in June despite US inflation overshoot
Markets are still betting that the US Federal Reserve will start cutting interest rates in June even after inflation came in ahead of expectations in February. Prices rose 0.4 per …
No bonuses for top bosses at Travis Perkins after profits slump by £175m
Executive directors at Travis Perkins will not receive their bonuses after the company’s profits were slashed during its latest financial year. The Northampton-headquartered business reported pre-tax profits of £70m for …
Sir Nigel Wilson: Britain’s bosses must stop ‘moaning, groaning and whinging’
UK bosses need to stop “moaning and groaning and whinging” and start talking up Britain as a place to do business, the former boss of Legal & General has warned. …