Swapping fast for second-hand fashion: Love Island announces eBay UK as new brand partner May 19, 2022 Love Island has swapped fast fashion for second-hand fashion, announcing a new brand partnership with eBay UK this morning.
Global markets drop as US interest rates set for further rises May 19, 2022 The price of Bitcoin (BTC) is down by nearly three per cent this morning, from a high of $30,600 yesterday to around $29k.
City exclusive: Cordiant Capital’s co-CEO on how to make money in the crowded world of digital infrastructure May 19, 2022 Amid an increased focus on digital infrastructure, data transfers and online storage in practically every market around the world, investment giant Cordiant Capital listed its Cordian Digital Infrastructure arm in London last year. Time for Morning Wire to catch up with Benn Mikula, co-CEO and managing partner at Cordiant Capital, to see how things are [...]
1 Minute Market Rundown – 19th May 2022 May 19, 2022 | City Talk Trade the ExtremesUSD on the Front Foot AgainCrypto Slides We won’t lie…yesterday caught us rather off guard. Risk, for lack of a better word, capitulated. US shares plunged 4%, their biggest daily drop in almost 2 years. Earnings reports from US consumer titans (Walmart, Costco, Target) disappointed and fuelled concerns that high inflation is squeezing [...]
Revenue climbs for Euromoney as events make comeback and remote working drives savings May 19, 2022 B2B information-services provider Euromoney Institutional Investor posted a revenue of £184.6m, up 14 per cent from the previous year.
Royal Mail warns against further price rises as it fails to keep up with pandemic momentum May 19, 2022 Royal Mail posted humble results this morning with revenue down 1.6 per cent year-on-year reflecting changing consumer behaviour following removal of lockdown restrictions and lower international volumes.
US PGA Championship: Spotlight on Tiger Woods allowing rivals to fly under the radar May 18, 2022 It turns out that the Tiger Woods effect is not just for spectators, broadcasters and sponsors, according to other players at this week’s US PGA Championship. The impact of Woods taking part in a golf tournament on attendance, viewing figures and commercial interest is the stuff of sports industry lore. But some of the field [...]
The TMT M&A game change: Are dealmakers ready to play? May 18, 2022 | City Talk A few months into 2022, and mergers and acquisitions (M&A) activity in the technology, media, and telecommunications (TMT) sector is already setting the tone for an interesting year ahead, with some organizations making bold moves into the new and next. This is after a banner 2021 where the sector topped the tables in both value [...]
Tory MP arrested on suspicion of rape and told to stay away from Westminster is bailed May 18, 2022 A Conservative MP arrested on suspicion of rape and asked to stay away from the parliamentary estate – has been bailed. The Metropolitan Police said the alleged sexual offences were committed between 2002 and 2009. The force said he had been bailed to a date in mid-June. A statement from Scotland Yard on Wednesday : [...]
Bitcoin price flat again, but volumes are rising May 18, 2022 Bitcoin is changing hands for around $30k this morning, down three per cent over 24 hours and four per cent over the past seven days.