Category: Finance
Finance
HSBC profits triple after Silicon Valley Bank deal as CEO rules out fresh banking crisis
(qlmbusinessnews.com via uk.reuters.com -- Tue, 2nd May 2023) London, UK -- Failure of four banks in six weeks is purely a sign of poor risk[more...]
UK’s Superdry in “positive” talks with investors over 20% equity raise
(qlmbusinessnews.com via uk.reuters.com -- Tue, 2nd May, 2023) London, UK -- Struggling British fashion brand Superdry (SDRY.L) is in "positive" talks with investors regarding an[more...]
First Republic Bank fourth to fail as JP Morgan takes over assets
(qlmbusinessnews.com via news.sky.com-- Mon, 1st May 2023) London, Uk - - The latest banking strife follows recent collapses of Silicon Valley Bank, Signature Bank and[more...]
Adidas sued by investors over Kanye West deal
(qlmbusinessnews.com via bbc.co.uk – – Mon, 1st May 2023) London, Uk – – Adidas is being sued by investors who claim the firm knew about[more...]
HMV’s to reopen flagship store on Oxford Street
(qlmbusinessnews.com via bbc.co.uk – – Fri, 28th April 2023) London, Uk – – The original central London HMV store is to reopen later this year[more...]
Avolon agrees $4 bln deal for 40 Boeing 737 MAX jets
(qlmbusinessnews.com via uk.reuters.com -- Thur, 27th April, 2023) London, UK -- Global leasing giant Avolon said on Thursday it had committed to ordering 40 Boeing[more...]
UK to tighten gambling rules online after long-awaited review
(qlmbusinessnews.com via theguardian.com - - Thur, 27th April 2023) London, Uk - - Much anticipated shakeup to include 1% levy on industry revenue, affordability checks[more...]
Microsoft’s deal to buy Activision Blizzard blocked by UK Competition and Markets Authority
(qlmbusinessnews.com via bbc.co.uk – – Wed, 26th April 2023) London, Uk – – Microsoft's $68.7bn (£55bn) deal to buy US video game company Activision Blizzard[more...]
Capital One US credit card giant poised in bid for concierge service Velocity Black
(qlmbusinessnews.com via news.sky.com-- Wed, 26th April 2023) London, Uk - - A London-based upmarket concierge group founded in 2014 is in the crosshairs of Capital[more...]
Primark projected sales to slow, warns owner AB Foods as profit dips
(qlmbusinessnews.com via uk.reuters.com -- Tue, 25th April 2023) London, UK -- Sales growth at fashion retailer Primark is expected to slow in the coming months,[more...]
Ocado to close Hatfield warehouse, putting 2,300 jobs at risk
(qlmbusinessnews.com via theguardian.com - - Tue, 25th April 2023) London, Uk - - Ocado and Marks & Spencer’s online retail joint-venture is to close its[more...]
Credit Suisse said £55bn withdrawn before rescue
(qlmbusinessnews.com via bbc.co.uk – – Mon, 24th Apr 2023) London, Uk – – Credit Suisse has revealed the scale of the bank run that triggered[more...]
