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24.10.2022 - 13:19
Business
Sky News
Financial markets welcome news Rishi Sunak will be next PM
The financial markets appear to have welcomed news that Rishi Sunak will be the UK’s next prime minister.The pound was up 0.15% against the US dollar just moments after Sir Graham Brady, chairman of the 1922 committee, said that only one valid nomination had been received for the top job. On Friday afternoon, the pound …
24.10.2022 - 12:30
Press Release
Pressat
Ephelia Capital announces stake in Italian ‘Millionaire’ magazine
Lugano, 24 October 2022: Ephelia Capital, a Swiss-based Asset Management and VC firm, today announces it has taken a stake in Millionaire Multimedia Srl (soon to become SpA), the holding company of ‘Millionaire’, a leading Italian business magazine. Since 1990, ‘Millionaire’, now part of award-winning publishing house APL Media Limited, is the most successful and …
24.10.2022 - 12:00
Press Release
Pressat
JGC Wins AWP Project Award Through Digital Partnership With MODS
MODS partner and 40% shareholder, JGC, has won the 2022 Advanced Work Packaging (AWP) Project Award through use of MODS Origin on part of a USD 40 billion Total Installed Cost (TIC) project in Quin dao, China: the LNG Canada Project, an LNG process train module fabrication yard for Shell. JGC is a first-tier contractor …
24.10.2022 - 11:30
Press Release
Pressat
Dubai Launches ‘Unleashing the Power of Data through Private Synthetic Data’ Report to Boost Digital Economy
Today, Digital Dubai has launched the first Synthetic Data Implementation Framework, making Dubai the first city in the world to do so. Designed to promote and facilitate the use of synthetic data, the framework is set to increase opportunities to share high-value data, whilst protecting the sensitive information it contains. Digital Dubai wants to use …
24.10.2022 - 11:30
Press Release
Pressat
Become an exponential underwriter: Explore how underwriters can gain a competitive advantage through using technology and innovation
More than 200 senior executives responsible for making underwriting decisions within insurers are set to attend Underwriting Innovation USA 2022, a two-day event, which will take place on November 9 and 10 in Chicago. The event is designed to unite chief underwriting officers and senior industry experts from leading carriers showcasing pioneering use cases for …
24.10.2022 - 11:30
Press Release
Pressat
ALL BLACKS AND SPRINGBOKS FACE OFF AT TWICKENHAM STADIUM PRIOR TO RUGBY WORLD CUP 2023.
London, UK – Rugby heavyweights New Zealand and South Africa are set to go toe-to-toe in an historic fixture at Twickenham Stadium on Friday, 25 August (KO 7.30pm). The hotly anticipated match will form part of their final preparations for Rugby World Cup (RWC) 2023, which kicks off just two weeks later with the All …
24.10.2022 - 10:02
Business
Business Live
£4m funding boost for East Yorkshire alternative lender to aid SMEs
An East Yorkshire-based alternative lender has significantly increased its financing capability, allowing it to provide further support to SMEs. One Stop Business Finance has secured a £4 million addition to its funding line with retail and commercial bank Shawbrook. The 66 per cent uplift from the £6 million existing cap will allow the growing team …
24.10.2022 - 10:02
Business
Business Live
Established Llandudno hotel acquired by The Inn Collection Group
Newcastle-based pubs with rooms operator The Inn Collection Group has expanded with a third site in Wales following the acquisition of a well-established hotel in north Wales’ largest resort. The company, which also owns Swallow Falls Hotel in Betws-y-Coed and The Bull in Beaumaris in Wales, has bought St Kilda Hotel in Llandudno for an …
24.10.2022 - 09:43
Business
Business Live
Bristol City chief executive to move to England and Wales Cricket Board
The chief executive of Bristol City Football Club is stepping down from his role to take up the top job at the England and Wales Cricket Board (ECB). Richard Gould, 52, will remain with the Robins until the end of the January transfer window. He was selected ahead of Durham’s Tim Bostock to one of …
24.10.2022 - 09:42
Business
Sky News
UK service sector records fastest decline in activity since January 2021
The downturn in the economy has worsened this month as the service sector recorded the fastest decline in activity since January 2021, according to the closely-watched S&P Global / CIPS Flash UK Purchasing Managers Index (PMI).The survey of 650 manufacturers and 650 service providers showed that growth was lower than expected and was at a …
24.10.2022 - 09:25
Business
Business Live
£3.4bn turnover car dealership suffers ransonware attack
Pendragon – the car dealership group which owns Evans Halshaw and Stratstone – has taken out a high court injunction after being subjected to a ransomware attack. The £3.4 billion turnover business said its IT systems had been hacked but it was still able to operate as normal. It said it had rejected the hackers’ …
24.10.2022 - 09:22
Business
Evening Standard
Philips to cut 4,000 jobs after millions of devices recalled over safety concerns
The boss of Philips has said he will cut as many as 4,000 jobs, just nine days after stepping into the role as he seeks to chart a new course to restore the reputation of the beleaguered health technology firm.CEO Roy Jakobs, who become CEO on the 15th of October, said the move was part of …
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