Tech unicorn Hopin, which was once worth $7.75bn, has entered liquidation less than a year after it sold off its titular events platform. The London-based company disposed of its technology …
Investing
Gen Z suffering ‘unprecedented levels of burnout,’ warns HR lead
A leading HR provider has called on companies to “act fast” or face “unprecedented levels of burnout” among younger Gen Z employees in their 20s. New data from the Resolution …
First electric coach service to be trialled in England and Wales with London tickets from just £2.99
A first electric coach service will be launched in England and Wales, as part of a three month trial led by the travel tech firm FlixBus. Travellers will be able …
Lord Jacob Rothschild: Financier dies aged 87
Lord Jacob Rothschild, a major figure within the banking dynasty under his family name, has died aged 87, it was announced today. The family called him a “towering presence”, and …
Russian tycoon’s ‘anti-anti-suit injunction’ succeeds as Transneft to face $14bn English claim
The English High Court has ordered Russian state-owned oil pipeline company Transneft to adjourn its legal proceedings in a Moscow court. The oil company is facing a $14bn lawsuit in …
Murray calls for unity amid Saudi-backed tennis ‘super tour’ rumours
Andy Murray fears a breakaway tennis ‘super tour’, potentially involving investment from Saudi Arabia, would divide the sport. The British tennis player told Abu Dhabi-owned newspaper The National that the …
England Rugby World Cup winner Phil Vickery steps down from Raging Bull role
England Rugby World Cup winner Phil Vickery has stepped down as a director of the Raging Bull clothing brand he founded. The former Gloucester prop is no longer a director …
Record sales for Flight Club Darts and Electric Shuffle as global expansion targeted
Sales surged to record levels at the group behind Flight Club Darts and Electric Shuffle in 2023 as it prepares to open new venues in the UK, US and Australia. Red Engine …
Made Tech: Public sector data firm gives mixed picture for first half
Public sector data services firm Made Tech provided a mixed picture to markets this morning, with its revenue down but losses narrowed for the first half of the financial year. …
Slumping profits, massive writedowns and a crumbling valuation – what’s happening with Anglo American?
In 2021, Anglo American reported record revenue of $41.6bn (£32.8bn) and underlying earnings before interest, taxes, depreciation, and amortisation (EBITDA) of $20.6bn (£16.3). But this windfall proved to be short-lived. …