Start-ups backed by venture capital (VC) could be wiped out in droves this year as cash dries up and investors turn off the taps, analysts have warned. The venture capital sector globally has been buffeted by rapid interest rate hikes and wild market gyrations in the past 12 months, with investors dramatically scaling back investment […]
Next has bought the Cath Kidston brand name for £8.5m, after the vintage-inspired British retailer fell into administration for the second time in two years. It is understood that about 125 jobs are at risk as administrators from PricewaterhouseCoopers are set close the four UK Cath Kidston stores – in London, Ashford, Cheshire Oaks and […]
A London-based corporate intelligence specialist set up by former spies has launched an investment fund to support high-growth companies with the knowledge that it gathers from its network of contacts. Hakluyt has set up a growth fund focusing on Silicon Valley start-ups as it seeks to provide strategic advice to a sector it feels is […]
Cheap imported products made in polluting factories abroad may face new green import taxes and middle-income families will be given grants to make their homes more energy efficient under updated government plans to hit net zero by 2050. The measures are part of a package of proposals that will be unveiled on Thursday by the […]
Start-up organisation Tech Nation said it is in talks to sell its brand to Brent Hoberman’s Founders Forum today as it prepares to wind down at the end of this month. The start-up network, which was launched in 2011 under David Cameron’s coalition government, announced in January that it would shut its doors after ministers […]
Article content MUMBAI — Palm oil’s rare premium over rival rapeseed oil and sunflower oil is likely to be short-lived and it should start trading at a discount once top producer Indonesia eases export curbs after Ramadan, industry participants told Reuters. The premium has slowed down palm oil purchases for April shipments by key importers […]
Article content TOKYO (AP) — Japan and the United States have reached an agreement on trade in critical minerals for electric vehicle batteries, part of an effort to diversify supply chains and reduce reliance on China for strategically important resources. Article content The deal due to be signed later Tuesday is expected to help electric […]
Breadcrumb Trail Links PMN Business Author of the article: Reuters Sruthi Shankar and Francesco Canepa Published Mar 28, 2023 • 2 minute read Join the conversation Article content Immediate investor concerns over the banking sector eased on Tuesday, lifting stock prices, with the European Central Bank’s supervisory chief saying recent sector volatility underscored the need […]
This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Drill rig at the new borehole/well location in East Texas. The drill rig has since demobilized […]