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Euro News
Four-day week trial will pay UK employees the same wages for shorter hours
Business
Sky News
Microsoft to buy troubled Call of Duty gaming firm Activision Blizzard for £50bn
Microsoft has agreed a deal to buy the troubled Call of Duty and Candy Crush gaming firm Activision Blizzard for $68.7bn (£50.5bn).The all-cash takeover would give the Xbox maker a leap into the mobile gaming sphere and “play a key role in the development of metaverse platforms”, according to Microsoft boss Satya Nadella. The deal …
Business
Business Weekly
Mazda deploys Secondmind ML technology
Mazda Motor Corporation in Japan has signed a multi-year agreement to license Secondmind Active Learning for Powertrain to increase engine calibration efficiency and help manage the increasing complexity of powertrain design and development.  Cambridge-based Secondmind and Mazda are also extending a two-year research and development collaboration to focus on advanced hybrid and electric powertrain control …
Business
Sky News
Oil price hits highest level since 2014 on Middle East supply fears
Oil prices have hit the highest level for more than seven years as worries about violence in the Middle East added to an already tight outlook for supply.Brent crude topped $88 a barrel in Tuesday trading, its highest level since October 2014 – creating a further potential headache for squeezed UK consumers if the increase …
Business
Sky News
Oil price hits highest level since 2014 and may rise further on Middle East supply fears
Oil prices have hit the highest level for more than seven years as worries about violence in the Middle East added to an already tight outlook for supply.Brent crude topped $88 a barrel in Tuesday trading, its highest level since October 2014 – creating a further potential headache for squeezed UK consumers if the increase …
Business
Sky News
Employment figures, Christmas trading and driverless cars
Ian King analyses the latest employment statistics with a chief economist at the Institute of Directors.He also looks at Christmas trading figures with the chief executive of Hotel Chocolat after the retailer saw a boost in sales over the festive period.Plus, hear from the founder of UK self-driving start-up, Wayve. The company’s raised nearly £150m …
Business
Business Live
ADVERTORIAL: Construction and engineering businesses to get help going green from DN Colleges Group
Construction and engineering firms in the Humber are being urged to find out more about the opportunities presented by the green industrial revolution. The DN Colleges Group has attracted Skills Development Funding to widen interest in renewable energy and sustainability. The £12 billion ‘Ten Point Plan’ aims to mobilise private investment and reduce UK emissions …
Business
Sky News
THG shares slide as it warns over ‘more challenging’ start to 2022
Shares in the troubled online retailer and logistics specialist THG have suffered a fresh hit after it warned revenue growth is set to slow.The company, previously known as The Hut Group, also disclosed that profit margins would fall short of City expectations. THG, which sells beauty and nutrition brands as well as providing ecommerce and …
Business
Evening Standard
Interest rates to double next month, City warns as pay falls behind inflation
PRESSURE on the Bank of England to move quickly to raise borrowing costs increased today when the latest jobs figures showed that pay rises have fallen behind inflation for the first time since last summer.While the jobs market is healthy, at 4.2% a year pay increases are lower than inflation which is at 5.1% now …
Business
Business Live
Blackburn Rovers sign up Totally Wicked as main shirt sponsor after Recoverite Compression deal ends
Blackburn Rovers have ended a major deal with Recoverite Compression and named Totally Wicked as the Championship club’s new main shirt sponsor. Rovers said the vaping retailer, which is headquartered in the town, has signed a deal for the remainder of the season. Performance and recovery brand Recoverite became the club’s front of shirt sponsor …
Business
Business Live
Davidsons Homes, William Davis Homes and David Wilson Homes start work on 4,500 home Thorpebury development
A consortium of builders has started work on the first part of 4,500 homes planned on land on the outskirts of Leicester. Leicestershire housebuilders Davidsons Homes, William Davis Homes and David Wilson Homes have broken ground on the first phase of 574 homes, open space and infrastructure at the Thorpebury development. Developer CEG, the landowner …
Business
Sky News
Motor Fuel Group owners jumpstart £5bn sale of petrol retail giant
Britain’s biggest independent petrol forecourts operator is kicking off plans for a sale that could value it at about £5bn.Sky News has learnt that Motor Fuel Group (MFG), which is owned by the private equity firm Clayton Dubilier & Rice (CD&R), this week invited investment banks to pitch for a mandate to sell the company, …

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