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Evening Standard
‘Everything I do is big’: DJ Khaled cooks up global chicken wing delivery chain with ‘dark kitchen’ giant Reef
Grammy award-winning producer DJ Khaled has teamed up with “dark kitchen” giant Reef Technology to launch a delivery-only chicken wing chain simultaneously across three continents. Another Wing, riffing on Khaled’s catchphrase ‘another one’, is opening across 165 sites in the UK, the US, Canada, France and the UAE, with locations in London including Camden and …
Business
Sky News
AstraZeneca, Toshiba, and happy staff
Today Ian King is discussing COVID vaccine maker AstraZeneca’s decision to move away from its at-cost model and aim to make a “modest profit” from the jabs.:: Listen and subscribe to The Ian King Business Podcast here.He’s also investigating the break-up of Toshiba, and is joined by the maker of an app which aims to …
Business
Sky News
Labour shortages: which jobs are seeing the biggest rise in demand?
Driving instructors and prison officers saw the biggest increase in demand for recruiters last week as job ads hit a record high, new data suggests.Roles being advertised for fork-lift truck drivers, secondary school teachers, care workers and goods packers also saw big increases on the week before, according to figures from the Recruitment and Employment …
Business
Sky News
Burger King picks banks to serve up £600m London flotation
The owner of Burger King’s British operations has picked two banks to serve up a whopper of a London float next year.Sky News has learnt that Bridgepoint has hired Bank of America and Investec to spearhead the fast-food giant’s initial public offering during the first half of 2022. The precise timing and size of the …
Business
Evening Standard
In The Style founder Adam Frisby to step back as CEO of recently-floated online fashion retailer
Recently-floated online fashion retailer In The Style has revealed its entrepreneur founder Adam Frisby is to step back as CEO.Frisby left school with no qualifications to work at Burger King and launched the company from his bedroom in 2013 with just a £1,000 redundancy cheque. The 34-year-old steered his start-up to IPO this March, seeing …
Business
Sky News
AstraZeneca eyes ‘modest’ profit from COVID-19 vaccine
Drugs firm AstraZeneca has said it plans to start earning a “modest” profit from its COVID-19 vaccine having previously sold it at cost.The Anglo-Swedish company has until now not been making a profit from the Oxford coronavirus jab and said it would not do so during the pandemic. The vaccine has in fact proved a …
Business
Sky News
AstraZeneca accused of breaking promises as it looks to make a profit on COVID-19 vaccine
Oxfam has accused AstraZeneca of breaking its promises after the drugs firm said it planned to start earning a “modest” profit from its COVID-19 vaccine having previously sold it at cost.The Anglo-Swedish company has until now not been making a profit from the Oxford coronavirus jab and said it would not do so during the …
Business
Sky News
China’s Singles’ Day sees sales growth slow as festival’s ‘worship of turnover’ criticised
China’s Singles’ Day shopping event has chalked up slower growth this year after a more muted approach from online retail giant Alibaba.Sales grew 8.5% to 540bn yuan (£63bn) but that was down from a 26% increase last year and the smallest bounce since the extravaganza – now the world’s biggest online sales event – was …
Business
Euro News
Twitter is setting up a new crypto team. This is what it will be tasked with
Business
Euro News
COP26: Climate finance has to overcome many hurdles to be effective, the UN’s eco finance chief says
Business
Sky News
Sad day for UK science and technology as Johnson Matthey announces battery materials exit
The timing could not be more embarrassing for the government as it hosts COP26.Johnson Matthey, one of the UK’s premier industrial companies and a global leader in sustainable technologies, announced today it is to sell its battery materials business – a key player in supporting the transition to electric vehicles. The decision effectively kills Britain’s …
Business
Sky News
Thai-based department store owner Central sizes up Selfridges takeover
A Thai-based conglomerate which owns the Italian department store Rinascente is among a pack of suitors weighing multibillion pound takeover bids for Selfridges, the owner of one of Britain’s landmark shopping destinations.Sky News has learnt that Central Group, which is controlled by the Chirathivat family, is among a number of parties to have expressed an …

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