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Business Live
RVA Surveyors to triple workforce as firm creates 100 new jobs
Business
Business Live
SPONSORED: Some of the inspirational not-for-profit organisations supporting Derbyshire
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Business
Sky News
Global markets slide amid signs Fed to ‘taper’ emergency stimulus despite Delta concerns
Stock markets have fallen sharply after signs that the US Federal Reserve could start pulling away emergency support for the world’s biggest economy later this year.In London, the FTSE 100 was down by more than 170 points – or over 2% – after the publication of minutes of the Fed’s latest policy meeting on Wednesday …
Business
Sky News
Leading cleaning products maker becomes latest company to count cost of supply shortages
A leading cleaning products maker has warned of a profits slump as it counts the cost of higher raw material costs and HGV driver shortages.UK-based McBride, which makes own-label goods from detergents to dishwasher tablets on behalf of retailers, said it was starting to see “distribution challenges” – particularly in the UK and Germany. Shares …
Business
Business Weekly
Eliem Therapeutics’ NASDAQ IPO raises $92 million
Less than six months after emerging from stealth, Cambridge UK and Seattle-based BioMedTech business Eliem Therapeutics, Inc has raised $92 million through an oversubscribed NASDAQ IPO. The jet-heeled company only last month filed for an $80m New York bow so has rocketed past its target; then it has a track record in its short but …
Business
Business Weekly
New sound technology from AudioTelligence silences interlopers
Cambridge audio software specialist AudioTelligence has launched a range of products that could spell the end of videoconferencing interruptions for people working from home in busy households. The company has unveiled Aiso, a new consumer technology brand and a family of innovative products for smartphones based on its proven audio technology. The revolutionary approach means, …
Business
Business Weekly
Illumina wraps up GRAIL deal despite EC stalemate
Cambridge and US DNA sequencing power player Illumina has tied up the $8 billion cash and stock acquisition of GRAIL despite lacking clearance from the European Commission. GRAIL is a healthcare company focused on life-saving early detection of multiple cancers; Illumina says it will hold GRAIL as a separate company during the European Commission’s ongoing …
Business
Sky News
AstraZeneca’s CEO is the highest paid executive in the FTSE 100
AstraZeneca’s CEO was the highest paid executive in the FTSE 100 in 2020, earning £15.45 million for his part in delivering a coronavirus vaccine that has been administered tens of millions of times already this year.New analysis by the High Pay Centre think tank shows that the median FTSE 100 CEO was paid £2.69m in 2020, 86 times the …
Business
Evening Standard
Gym network 1Rebel pivots towards ‘local studios’ in residential areas as London enters hybrid working future
Gym network 1Rebel today revealed it is to open its first “local studio” in Hammersmith as it pursues a new business model adapted for the hybrid-working future the capital appears to be entering. The boutique fitness brand, which currently has eight sites across London, said it is looking to cater to a new demographic of …
Business
Sky News
M&S to offer food products online in 150 countries
Marks & Spencer has made its products available in over 150 countries for the first time via British Corner Shop, an online supermarket for expats.The retailer said that more than 800 products would be made available to customers from the US to Australia, with delivery times ranging from one to three days. Since the onset …
Business
Sky News
Two of America’s most famous investors go head-to-head
It promises to be the most compelling battle of ideas in the US stock market this summer.On one side is one of America’s most popular and widely-followed pickers of tech stocks. On the other, one of the country’s most respected and influential hedge fund managers.The confrontation emerged on Tuesday when filings revealed that Michael Burry, …
Business
Sky News
Nando’s plans to reopen sites from Saturday after supply chain disruption forces closures
Nando’s says it plans to have all its restaurants open again from Saturday after supply chain disruption forced 45 sites to close.The peri-peri chicken brand, which operates around 400 outlets across the country, has also “hit pause on delivery for now” according to a message on its website. It is the latest household name business …

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