Unilever shares surge after Peltz takes a stake, though reports say job losses loom January 24, 2022 Unilever shares have surged this morning after it was revealed that notorious activist investor Nelson Peltz had taken a stake in the firm.
New Covid variant spreading like wildfire across UK and Scandinavia: BA.2 ‘stealth’ mutation now half of all new coronavirus cases in Denmark and rapidly pushing Omicron aside January 24, 2022 Various media across Scandinavia and the UK are reporting the emergence of a new Covid variant that is so infectious and spreading so fast that nearly half of all cases in Denmark are now the new mutation, named BA.2, with more than 400 confirmed infections across the UK. The new mutation has reportedly also popped [...]
Omicron: what’s the current picture? January 24, 2022 | City Talk The Omicron wave appears to have peaked in some countries, with the UK preparing to loosen restrictions. Mark Ainsworth, Head of the Schroders Data Insights Unit, explains what to expect next. The Omicron variant has spread rapidly since its initial detection last year but hasn’t been as severe as initially feared in terms of health [...]
THG woes continue after Moulding’s mother rides to his defence January 24, 2022 Shares in embattled e-commerce group THG plummeted today after Citi Bank downgraded its profit guidance for the firm and it was revealed that boss Matt Moulding’s mother rounded on a journalist in defence of her son’s achievements.
US boosts supplies after OPEC+ producers struggle to raise outputs in line with targets January 23, 2022 Oil producers are failing to raise their outputs in line with agreed targets established by OPEC+ this year.
EU aims to boost gas supplies amid deepening energy crisis and Russia-Ukraine tensions January 23, 2022 The European Union is talking with partners as it looks to boost gas supplies amid a deepening energy crisis across the continent.
Cohn-backed SPAC readies to take European lottery operator public January 23, 2022 A SPAC backed by former Goldman Sachs president and Trump adviser Gary Cohn is readying to take a European lottery group public in a $9.3bn listing.
Poverty looms for 15m Brits: Cost of living crisis grows as more and more people cannot keep up with household bills January 23, 2022 Millions of Brits are finding it harder to keep up with bills and credit commitments, as that number has doubled since the start of the pandemic to almost one in three, research by a debt charity warned this weekend. Nearly one in three British adults – 30 per cent or 15 million people – say [...]
Forbes 30 under 30 data shows London is the best city in the world to be a young entrepreneur January 23, 2022 Using the Forbes 30 Under 30 lists from Europe, North America, Russia, Asia and Africa, London has been named as the best city in the world to be a young entrepreneur. Despite North America being by far the most popular in providing Forbes Under 30 candidates, London is the most popular city for young entrepreneurs [...]
Brexit: Finland, Luxembourg, Portugal and Greece are exploiting Brexit as UK exporters are being ‘replaced’ January 23, 2022 Smaller EU countries are benefitting from Britain’s departure from the European Union. This is largely because they fill up the Brexit exporters’ spots. In fact, this situation could reduce the UK’s exports to the EU by -7.73 per cent by 2025, according to new analysis shared with City PM this week. The top three countries [...]
