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Raft of early stage Northern Ireland firms bag £15M of co-fund investment
Northern Ireland companies specialising in everything from medical technology to gin won investment of totalling nearly £15 million in the second quarter of the year under a specialist government-backed investment fund. Co-Fund NI said more than 20 investment were closed during the period under the scheme which sees it match investment from private investors. Overall …
Business
Business Live
Plans in for major MediaCity office building with space for 2,000 staff
Plans for a prominent office building at MediaCity which would have space for more than 2,000 employees have been submitted. Peel Media is behind the proposals for the 350,000 sq ft, 11-storey building which would be the first significant development milestone since Landsec’s 75% acquisition in November 2021. Land opposite ITV and The University of …
Business
Evening Standard
FTSE 100: Markets cling on with big oil bets
TRADERS today bet that old fashioned energy stocks, the much derided “big oil”, might do well as green concerns are overtaken by economic pressures.Political turmoil might also lead to environmental issues taking a back seat, at least for a while.So Harbour Energy topped the FTSE 100 leader board, up 8p at 327p, with BP, up …
Business
Business Live
Lisburn’s OKTO Technologies creates 80 jobs on soaring demand for smart buildings
Lisburn building technology company OKTO Technologies is creating 80 jobs after winning a raft of new contracts. The company, which installs high end building management software to control lighting, heating, security, audio visual and IT systems, has a number of roles ranging from software developers to project managers to solution architects. It said the expansion …
Business
Evening Standard
Lloyd’s of London stays put in boost to the City
For a while the chatter in the City was that Lloyd’s of London might be looking for a new home.That our historic insurance market, around in one form or another since 1686, might jettison its place at the heart of the Square Mile, embrace Working From Home and other modern fripperies.It had a break-clause in …
Business
Sky News
Theranos president Sunny Balwani convicted of fraud
Ramesh “Sunny” Balwani, the former president of Theranos, the US company that claimed to have revolutionised blood testing, has been found guilty of fraud.Balwani was convicted of misleading investors in what has been described as one of the biggest frauds in Silicon Valley history. After five days of deliberations, the jury in Balwani’s case in …
Business
Sky News
UK watchdog launches full inquiry into soaring fuel prices
Britain’s competition regulator has launched an in-depth study to examine concerns about soaring fuel prices.The Competition and Markets Authority will look at the differences between petrol and diesel prices in rural and urban areas, as well as the growing gap between the price of crude oil when it enters refineries and the wholesale price when …
Business
Sky News
Former FIFA president Sepp Blatter and ex-UEFA chief Michel Platini acquitted of corruption
Former FIFA president Sepp Blatter and former UEFA president Michel Platini have been acquitted of corruption by a Swiss court.Criminal proceedings were launched into the pair after a payment of two million Swiss francs (£1.7m) from FIFA to Mr Platini was uncovered in 2015. Mr Blatter, 86, was the head of FIFA – the world …
Business
Sky News
Premier League halts gambling sponsorship ban vote amid Westminster turmoil
The Premier League has postponed a vote on a voluntary ban on shirt sponsorship by gambling companies as the political crisis in Westminster threatens to delay crucial industry reforms.Sky News has learnt that the Premier League on Thursday emailed the 20 top-flight clubs, including Arsenal, Liverpool and Manchester United, to inform them that a deadline …
Business
Evening Standard
EDF chairman to step down as French Government seeks nationalisation
The chairman and chief executive of EDF Group the contructor of the £26 billion Hinkley Point C reactor in Somerset Jean-Bernard Lévy is to stand down from his post following the move by the French government to renationalise the energy giant.Lévy will depart the position “no later than 18 March” next year according to the …
Business
Evening Standard
FTSE 100: Markets rally as Johnson announces departure
The FTSE 100 continues to rally after Boris Johnson announced his departure.Over the three years of the PM’s reign, the leading index is down about 300 points overall, commentators note.Miners and banks led the charge, with Anglo American up 105p to 2735p, and Standard Chartered up 22p to 600p.FTSE 100 Live Thursday FTSE 100 rallied …
Business
Sky News
Champagne conditions expected to boost UK wine production as climate heats up further – study
Wine production could boom in Britain as the climate crisis transforms conditions to those similar in famous vineyard regions such as France’s Champagne and Burgundy, and Baden in Germany, a new study projects.Sparkling wine varieties such as Pinot Noir and Chardonnay will begin to reliably grow in a far greater area of England and Wales …

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