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Sky News
New Morrisons owner gives green light to £500m property sell-off
The new owners of Wm Morrison have given the green light to plans to sell a £500m property portfolio months after completing their £7bn takeover of Britain’s fourth-biggest supermarket chain.Sky News has learnt that the grocer is in the process of appointing advisers to oversee the disposal of a substantial chunk of Morrisons’ manufacturing and …
Business
Sky News
Sunak to launch an NFT to help make UK ‘global cryptoasset hub’
Chancellor Rishi Sunak is to launch a non-fungible token (NFT) – a type of cryptocurrency asset – through the Royal Mint as part of a drive to make the UK a “global cryptoasset hub”.The government plans to introduce a range of measures for the notoriously unregulated cryptocurrency sector, which features incredibly volatile currencies such as …
Business
Sky News
China faces ‘difficult set of choices’ as it seeks to prevent its companies being delisted in the US
It was one of the few wrinkles during what was an exceptional year for Wall Street.Just days after the Chinese ride-hailing app Didi made its stock market debut, in what was the biggest flotation of a Chinese company since Alibaba in 2014, Beijing launched a crackdown on its tech sector. Shares of Didi and other …
Business
Euro News
Twitter shares spike 25% after Tesla boss Elon Musk becomes biggest shareholder with 9% stake
Business
Sky News
The impact of banning Russian gas, keeping Ukrainians connected, and the electric Lotus SUV
Sky’s Ian King looks at what a ban on Russian gas might mean for Europe’s economy. He also speaks to Aleksander Komarov, the chief executive of Kyivstar, Ukraine’s leading mobile operator. Plus, more on Lotus unveiling the Eletre – the car it’s billing as the world’s first electric hyper-SUV.:: Listen and subscribe to The Ian …
Business
Evening Standard
How James Folger turned gardening leave into online plant business The Stem
Business
Sky News
Twitter shares take off as Elon Musk buys stake worth almost $3bn
Shares in social media giant Twitter have surged by a quarter after it was revealed that Tesla billionaire Elon Musk had bought a 9.2% stake.A regulatory filing showed the tycoon had snapped up 73,486,938 Twitter shares. The stake is worth $2.89bn (£2.2bn), based on Twitter’s closing price on Friday.Musk is a frequent user of Twitter …
Business
Business Live
Revised plans for £250m water park unveiled as opening pushed back to 2025
Revised plans for a £250m water park in Manchester are set to be submitted as the expected completion date was pushed back to 2025. Therme Group is working with Peel L&P on the project earmarked for TraffordCity which had previously been backed by Trafford Council in March 2020. The scheme had been due to open …
Business
Sky News
‘Do not eat it’: Kinder Surprise eggs recalled over salmonella fears
Parents are being urged not to give their children certain Kinder Surprise chocolate eggs due to the possible presence of salmonella. The UK’s Food Standards Agency (FSA) said the eggs have a “potential link to a salmonella outbreak” where 57 cases have been found, with just over three quarters of those being children aged five …
Business
Business Live
Thousands of workers set to take on four-day week in biggest ever trial
More than 3,000 workers at 60 UK companies and organisations have signed up to the the four-day week in what is believed to be the world’s biggest ever trial. The pilot will run for six months beginning in June and is being organised by 4 Day Week Global in partnership with leading think tank Autonomy, …
Business
Business Live
Green jet fuel legislation expectations set out by Velocys for UK and US governments
Velocys is moving into its new financial year with a clear focus, detailing the government support it anticipates, as it prepares for mass take off of sustainable aviation. In an update to the City prior to filing its results next month, the sustainable technology company behind plans for a £350 million green jet fuel plant …
Business
Business Live
Yorkshire tech firm Zoo Digital launches new office in Denmark
Yorkshire tech firm Zoo Digital has launched a subsidiary in Denmark to spearhead its push into Scandinavia. Zoo Denmark is based in Copenhagen and includes a state-of-the-art dubbing studio which is fully integrated with Zoo’s cloud-based systems. The company hopes the facility will be used by a growing network of dubbing talent in the area’s …

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