San Francisco, California, January 7th, 2025, Chainwire On-chain interaction with selected Open ecosystem projects will now grant users $OPEN points. The list of the first batch...
Women’s activewear brand Sweaty Betty remains in the red as its pre-tax loss more than doubled amid falling sales, it has been revealed. The London-headquartered business has reported a pre-tax loss of £13.4m for 2023, according to accounts filed with Companies House long after the deadline. The latest loss comes after Sweaty Betty entered the red [...]
The completion of shows for Disney+ and Apple TV+ helped turnover at a London production company jump by more than £55m, it has been revealed. The Forge Entertainment, which delivered Shardlake to Disney+ and The Buccaneers to Apple TV+, has reported a turnover of £71.1m for the nine months to the end of 2023. The [...]
A senior lawyer for the Government Legal Department claims of unlawful deductions of wages and indirect sex discrimination were upheld by the Tribunal
Former Bank of England governor Mark Carney is eyeing up the soon-to-be vacant role of Canada’s next Prime Minister. The Canadian-born economist confirmed he is considering the position in an interview today, following Justin Trudeau’s announcement that he will resign after nine years yesterday. Outside his residence at Rideau Cottage, in Ottawa, Trudeau said “internal battles” [...]
Santa Clara, California, January 7th, 2025, Chainwire CARV, the AI chain ecosystem to enable data sovereignty at scale, announces the official launch of the CARV SVM Chain...
Apple has announced plans to update its AI-powered notification feature following a formal complaint from the BBC regarding inaccurately outlined news headlines. The BBC complained about the tech giant’s use of its Apple Intelligence feature last month after several high-profile errors. These included a false claim that Rafael Nadal had come out as gay and [...]
The billionaire owner of Home Bargains paid himself more than £1bn as sales and profit both jumped at the discount retail giant during its latest financial year. Tom Morris, who owns 98 per cent of Liverpool-headquartered TJ Morris, the firm behind the brand, received the vast majority of the £1.22bn in ordinary dividends and asset [...]
Profit has stalled at iconic motorcycle brand Triumph as an economic downturn in China and a fall in the value of sterling impacted its sales. The Derbyshire-headquartered business, which is owned by billionaire John Bloor, has reported a pre-tax profit of £72.6m for the year to 30 June, 2024, up slightly from the £72.3m it [...]
Close Brothers group chief executive Adrian Sainsbury has stepped down from his role after four months of medical leave. The FTSE 250 CEO began in the role in 2020 after more than 11 years at the company, joining Close Brothers as chief executive of its commercial arm before becoming director of the group’s main banking [...]
Retail industry bellwether Next has upgraded its expected profit before tax by £5m after sales and growth exceed expectations during the Golden Quarter while it vies for over £1bn in profit, although it has warned its prices will tick up and national growth will slow due to wage costs. It said that full price sales were [...]
London’s super-prime residential market is off to a strong start after a turbulent 2024, with a £38m eight-bedroom mansion, Belgravia, the first residential property to be sold in the new year. Complete with a private health spa, swimming pool, and rear and front gardens, the 840sqm property has been sold to a UK buyer – [...]
The UK and Ireland arm of Coty, the global beauty and cosmetics giant behind the likes of Rimmel and Max Factor, slumped to a loss of more than £50m during its latest financial year. The Kent-headquartered division has posted a pre-tax loss of £53.4m for the 12 months to 30 June, 2024, according to newly-filed [...]
Nvidia‘s stock rose by 3.4 per cent on Tuesday to $149.43 (£118.95) per share bringing it neck-and-neck with Apple, following various launches for the tech giant at the CES in Las Vegas on Monday. At the annual conference, the firm revealed a host of new products from new gaming chips, a personal AI supercomputer and [...]
A City broker has said Feedback and One Health Group are expected to be the main beneficiaries of the government’s plans to reform the NHS in the UK. The Elective Reform Plan, published yesterday by NHS England, set out a range of reforms to enable the government to hit the 18-week target for referral to [...]