Greeting card giant Moonpig has announced the proposed acquisition of Buyagift, the gift experiences platform, for £124m. The acquisition accelerates Moonpig’s strategy of becoming a leader in the gifting market, and gives them entry into the £6bn experiences segment. Buyagift is the UK’s leading gift experiences platform with the number one and number three brands […]
The prices of parcels and stamps are likely to rise again as Royal Mail tries to cover higher costs, including wages, energy and fuel expenses. The firm said it would try to “mitigate” the costs through “price increases and growth initiatives”. Earlier this year, the firm hiked first class stamp prices by 10p to 95p […]
UK digital lender Atom Bank is eyeing up a listing in New York in what will be a major blow to London’s efforts to promote itself as a premier destination for tech IPOs. Durham-headquartered Atom, founded in 2013 by Mark Mullen, is set to float in New York via a £700m merger with a special […]
OSLO — The latest postponement of production at Norway’s Hammerfest LNG plant was due to the need for final tests on a compressor that has been repaired, operator Equinor said on Sunday. Read More
HSBC Holdings has suspended its head of responsible investing pending an internal investigation after he said central bank policymakers and other global authorities are exaggerating the financial risks of climate change, the Financial Times reported on Sunday citing people with knowledge of the process. Read More
(Bloomberg) — Global power grids are about to face their biggest test in decades with electricity generation strangled in the world’s largest economies. Read More
(Bloomberg) — A gathering of trade ministers of the Asia-Pacific Economic Cooperation group failed to issue a customary joint statement, a day after the US and Russia staged a tit-for-tat walkout during their presentations at the meeting. Read More
By Rajesh Awasthi In today’s competitive landscape, users of the cloud – not just tech specialists but modern application developers, enterprises and consumers alike – have unique challenges to address. With cloud’s expanding footprint, developers and consumers look for infrastructure- agnostic platforms and serverless capability that can run in a boundary-less manner to ensure the […]
By Sethu Pradeep Lars Goossens is a 31-year-old video producer who works for a Belgian production house in Antwerp. During his free time, he loves going on road trips, attending music festivals and watching the perplexed expressions of onlookers as he pays at a card machine by placing his left hand on it. That last […]