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Triodos named world’s top bank for funding clean energy deals
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Business
Business Live
ADVERTORIAL: Retailers struggle to ‘keep pace’ with online shopping surge
The coronavirus pandemic quickly forced retailers in all sectors to change the way they operate. During the height of the pandemic, non-essential retailers were forced to close and people were instructed to stay at home. As people had no choice but to shop online for anything other than their essential goods, this caused a significant …
Business
Evening Standard
Heineken sees profits rise but issues warning over soaring commodity costs
Heineken has become the latest company to warn soaring commodity costs will hit margins, as it reported higher-than-expected profits. The world‘s second-largest brewer – whose brands include Amstel, Birra Moretti and Bulmers – said underlying operating profit rose 109.3% to €1.6 billion (£1.36 billion) in the first half, ahead of consensus of €1.23 billion. Net …
Business
Business Live
Meggitt agrees £6.3bn takeover by Parker-Hannifin
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Business
Sky News
UK manufacturing maintains growth despite demand and supply disruption driving up costs
British manufacturers are continuing to grow but face soaring costs due to increased demand and persisting supply chain problems caused by the COVID pandemic.The sector exceeded expectations in the monthly IHS Markit/CIPS Purchasing Managers’ Index (PMI) survey released on Monday. It showed a reading of 60.4 last month, down from 63.9 in June.Live COVID updates …
Business
Business Live
300 jobs to be created as Wren Kitchens opens huge quartz worktop plant
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Business
Business Weekly
Abcam to acquire BioVision for $340m
Cambridge UK life science research tools provider Abcam has agreed to acquire Californian company BioVision Inc. in a $340 million cash deal. A wholly owned subsidiary of Chinese company Boai NKY Medical Holdings Ltd, BioVision is a fast-growing innovator and distributor of life science research tools to biopharma, diagnostic and academic customers, with strength in biochemical …
Business
Sky News
Zoom reaches $85m settlement in privacy and ‘zoombombing’ lawsuit
Video-conferencing company Zoom, which became a household name during the coronavirus pandemic, has reached an $85m (£61m) settlement in the US.A class-action lawsuit accused the company of a series of privacy breaches by sharing millions of users’ data with Google, Facebook and LinkedIn. It also alleged Zoom had misled users by claiming to offer end-to-end …
Business
Sky News
Amber watchlist would be ‘disaster’ – with fears Spanish holidays could be among first affected
A new amber travel watchlist would be a “disaster” according to holiday industry experts, with Tory backbenchers and Labour also hitting out at the expected move.The government is set to announce changes to the COVID travel system this week, including a new amber list of countries which could move to the red list with little …
Business
Sky News
HSBC first-half profits more than double as economies rebound from pandemic
HSBC’s first-half profits have more than doubled, buoyed by an economic rebound in Hong Kong and Britain – its two biggest markets.Rallying from a weak performance last year, the lender has reinstated shareholder payouts following the lifting of a dividend ban by the Bank of England last month, and released $700m (£503m) set aside to …
Business
Sky News
Jobs threat as British engineering firm agrees £6.3bn takeover by US tech giant
Job losses are threatened at a UK defence and aerospace technology firm after it agreed a £6.3bn takeover by an American rival.It comes after Meggitt confirmed an offer from the US engineering technology giant Parker-Hannifin, which it said put a 70% premium on the share value of the FTSE 250 company. Under the agreement, Parker …
Business
Sky News
Former Unilever veteran Banga lined up to lead government agency UKGI
A former Unilever executive is being lined up to take the helm of the Whitehall agency which oversees taxpayers’ interests in businesses including the Post Office, NatWest Group and Channel 4.Sky News has learnt that Vindi Banga, who sits on the board of GlaxoSmithKline and chairs the cancer charity Marie Curie, is expected to replace …

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