Liberalisation of US gambling law is fuelling a wave of buyouts of more tech-savvy UK betting firmsThe stock market bargain during the wild pandemic trading of March 2020, it turns out, was the owner of antique betting chains Ladbrokes and Coral. In th…
Evergrande: will it collapse and what would happen if it did?
If Chinese property company Evergrande sinks under its $300bn debt its failure would resound across the global economyEvergrande Real Estate – or Heng Da Group in Chinese – owns more than 1,300 building projects in more than 280 cities across China. C…
IEA calls on Russia to send more gas to Europe before winter
World’s energy watchdog intervenes after Russia decides not to increase exports despite record pricesThe world’s energy watchdog has called on Russia to send more gas to Europe as the energy supply crunch bleeds across the continent, in a rare public r…
DraftKings makes $20bn offer for Ladbrokes and Coral owner Entain
Shares in FTSE 100 gambling company rise by almost a fifth after approach from US rivalEntain, the gambling company behind Ladbrokes and Coral, has received a $20bn takeover approach from DraftKings – the latest swoop by an American rival.Shares in Ent…
Virgin Atlantic reports 600% surge in flight bookings to the US
Sales jump as US says it will allow fully vaccinated passengers from UK and some EU countries to enter from NovemberCoronavirus – latest updatesSee all our coronavirus coverageVirgin Atlantic has reported a 600% surge in flight bookings to the US and B…
UK households face second record energy bill rise
Analysts predict a further 14% jump for spring 2022 on top of next month’s scheduled £139 riseMillions of households could face a second record jump in energy bills next spring, on top of the £139 increase due next month, as the global gas crisis conti…
Kwarteng admits ‘difficult winter’ ahead as energy bills soar
Business secretary says vulnerable customers will be protected, as he distances himself from universal credit cutKwasi Kwarteng has said it “could be a very difficult winter”, with families facing rising energy bills, as he sought to distance himself f…
ウーバー社員総会は紛糾確実「なぜドアダッシュに時価総額で逆転されたのか」経営陣追及へ
ウーバー(Uber)は近ごろ、時価総額でドアダッシュ(DoorDash)に追い抜かれました。衝撃的なこの現実を前に、ウーバー従業員の間で動揺が広がっています。
National Express in talks to buy rival Stagecoach
Coach operator’s takeover would value UK’s biggest bus company at about £445mNational Express is in talks to buy Stagecoach, the UK’s largest bus operator, in an all-share deal to create a business with a fleet of 36,000 buses and coaches.Stagecoach sh…
Going nowhere soon, as passport problems mount
My passport has been stuck with the courier for ages – I’ve missed my holiday and I need to open bank accountsI recently applied for a passport renewal and this was processed quickly by HM Passport Office.Now it is with its courier, TNT, to deliver, I…