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Billionaire Sir Leonard Blavatnik injects £630m to prop up Netflix-rival DAZN as losses mount

January 26, 2025

Billionaire Sir Leonard Blavatnik has injected a further $827m (£630m) into streaming giant DAZN in a bid to become a major rival to Netflix. The businessman has now invested more than $6.7bn (£5.3bn) in the London-based sports streaming service, according to newly-filed accounts with Companies House. DAZN is owned by Access Industries, a New York-based [...]

Diageo has no plans to sell Guinness and stake in Moët Hennessy

January 26, 2025

Diageo has said it has no plans to sell its outperforming Guinness brand and stake in Moët Hennessy, despite widespread reports earlier this week. In a statement to markets, the drinks company confirmed on Sunday “we have no intention to sell either.” Diageo shares soared to the top of the FTSE 100 on Friday after [...]

Barclays investigates if Bitcoin prices lead to increased hiring for crypto jobs

January 26, 2025

-- Bitcoin’s surge past $100,000 has fueled speculation about renewed interest in cryptocurrency, but Barclays (LON:BARC) analysts suggest the hiring landscape in...

Zip World sold for £100m to Dolphin Capital

January 26, 2025

A majority stake in adventure park operator Zip World has been acquired by private equity firm Dolphin Capital in a deal worth £100m. Zip World, which is headquartered in Llanrwst, Wales, has become the latest investment for the Oxfordshire-based private equity firm which already counts the likes of Snowcentres, Techmet and Dynisma in its portfolio. The [...]

Reeves pledges planning reform shake-up to boost growth

January 25, 2025

Chancellor Rachel Reeves has pledged to cut red tape for building homes and infrastructure in a bid to speed up planning application approvals. Ahead of Reeves’ speech next week on economic growth, the government unveiled its new Planning and Infrastructure Bill, which will be introduced in the spring and help push its plan to build [...]

For Stable Returns, Wall Street Analysts Recommend These Dividend Stocks

January 25, 2025

Shares of Berkshire Are Expected to Rise Another 17% in 2025 as Ubs Predicts an Uncertain Economy

January 25, 2025

The Tech Industry is Spending Billions on AI. How Much Time Will Wall Street Allow for the Payoff?

January 25, 2025

New CMA chair to take pro-growth approach

January 25, 2025

The UK’s competition regulator will get behind Chancellor Rachel Reeves’ pro-growth demands after a new coalition of Labour MPs called for a “rapid review” of all ongoing work. Labour’s Growth Group, a centrist movement of around 110 MPs and ministers, said it had written to new interim chair Doug Gurr and chief executive Sarah Cardell [...]

Reeves all but confirms backing for third Heathrow runway

January 25, 2025

Rachel Reeves suggested the full Cabinet must back any potential expansion of Heathrow Airport despite previous opposition from senior Government figures, as she all but confirmed plans to endorse a third runway. The Chancellor refused to be drawn on “speculation” over an upcoming announcement she is expected to make about the project but said decisions [...]

Shell to post lower 2024 profit after year of faltering oil demand

January 25, 2025

Shell is expected to post lower annual profit than the previous year next week, after the energy giant was hit by weak oil prices and faltering demand for the fossil fuel. The London-listed company is scheduled to announce its financial results for the calendar year 2024 on Thursday. Analysts have forecast that it will post [...]

Michael Saylor Reaffirms His Confidence in Bitcoin: ‘Create Something Better’

January 25, 2025

U.Today - Michael Saylor, co-founder of the MicroStrategy behemoth and a renowned Bitcoin believer, has taken to his account on the X social media network (formerly popular as...

DJT Stock Options Potentially Bracing for a Kamala Harris Victory

January 25, 2025

Switch the Market flag for targeted data from your country of choice. Open the menu …

Strong Sales at Taco Bell Help Lift Shares of Yum! Brands

January 25, 2025

Key Takeaways Taco Bell sales help offset weakness in other Yum! Brands franchises, boosting shares …

Satoshi's Bitcoin: Ripple CTO Shares Key XRP, BTC Insight

January 25, 2025

U.Today - In a recent discussion about the circulating supply of XRP, Ripple CTO David Schwartz draws parallels with Bitcoin and the coins attributed to its mysterious creator,...