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Sky News
Twitter reports first-quarter revenue of $1.2bn days after agreeing to Musk buyout
Twitter has reported first-quarter revenue of $1.2bn, just days after agreeing to a $44bn sale to Tesla billionaire Elon Musk.The amount was slightly below analysts’ average estimate of $1.23bn, according to IBES data from Refinitiv. Its net income rose to $513.3m, or 61 cents per share, from $68m, 8 cents per share, a year earlier.The …
Business
Euro News
Facebook’s parent Meta exceeds expectations with $7.5 billion first quarter profits
Business
Business Live
Costa Coffee opens new cafe on retail park in Llandudno
Costa Coffee has opened its latest Welsh cafe on a retail park in Llandudno. The new coffee shop on Mostyn Chamneys is part of the expansion of Aldi into a former Argos unit – with the catalogue firm relocating to another site on the park. Aldi will reopen on May 26. Costa said the site …
Press Release
Pressat
MGC Pharma, Cansativa Group & Somai Pharmaceuticals announced among Cannabis Europa sponsors
As cannabis makes its way into the mainstream across Europe, the continent’s premium B2B cannabis industry conference – Cannabis Europa – takes place at London’s Old Billingsgate on 28-29 June, supported by leading businesses in this rapidly growing space. Cannabis Europa delivers cutting-edge knowledge from senior government officials, leading scientific experts and some of the …
Business
Sky News
Brexit import checks delayed again to spare squeezed firms a further cost hit
The government is delaying post-Brexit checks on EU imports again, saying it would be wrong to risk fresh disruption during the cost of living crisis.Jacob Rees-Mogg, the minister for Brexit opportunities, said checks due to come into force from July would now no longer be introduced this year – and claimed this would save British …
Business
Business Live
Channel 4 privatisation ‘ends restriction on producing and selling own content’
The privatisation of Channel 4 will remove a restriction on the broadcaster which “effectively prohibits” it from producing and selling its own content, according to the Government. As part of its newly published plans to reform British broadcasting, the Department for Digital, Culture, Media and Sport (DCMS) said it would pursue the sale of the …
Business
Business Live
Harrogate Odeon Cinema put up for sale in £7m-plus investment opportunity
A landmark North Yorkshire cinema has been launched on the market as a leisure investment opportunity for potential landlords. The opportunity to acquire the freehold interest in the Grade II listed 1930s Picture Palace in Harrogate, has been brought to market by CBRE’s operational real estate team. The prominent building is leased on a 25-year …
Business
Business Live
Landlord strikes £100m deal to help deliver 11,000 affordable homes by 2030
A Manchester landlord has agreed a £100m deal that will help is deliver 11,000 affordable homes by 2030. Great Places Housing Group has worked with Savills Financial Consultants to agree the revolving credit facility with NatWest. The deal consists of £85m refinancing of existing debt and £15m new debt. The deal consolidates existing loan funding …
Press Release
Pressat
How Pay Wink Leverages the Potential of Decentralised Exchanges
Integrating the latest blockchain innovations, Pay Wink Ltd. explores the latest DeFi use cases with the objective to revolutionise the traditional finance landscape. So far, three critical use cases have been assessed by Pay Wink: Token deployment on ERC-20 / BEP-20 / Polygon – Scrutinising the dynamics of stablecoins in global payment networks and the …
Press Release
Pressat
MyCoolClass Challenges Online Learning Sector with Global Teaching Talent Serving Students
LONDON – April 28, 2022 – MyCoolClass, a start-up cooperative of independent teachers and tutors, as well as workers and investor members, announced its new funding endeavor called community shares. MyCoolClass is a democratized learning platform that helps teachers with fair payment for their teaching and tutoring services. MyCoolClass is dedicated to fairness and equity …
Business
Business Live
Admiral and Principality among the best large employee workplaces in the UK
Two of Wales’ biggest employers have made the top ten of the best super large firms in the UK to work for. Motor insurance to loans venture Admiral, which employs more than 7,000 at its offices in Cardiff, Newport and Swansea, has been ranked fourth in the UK’s Best Workplaces 2022 initiative’s super large employer …
Business
Evening Standard
Barclays delivers £1 billion blow to investors after US trading debacle
NEW Barclays chief executive CS Venkatakrishnan had a shaky start to his tenure today, ditching a share buy back plan while he deals with a $15 billion trading blunder.He took over from Jes Staley in November, after Staley resigned over a probe into his relationship with Jeffrey Epstein, the convicted sex offender.Since then, things have …

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