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The Latest Breaking News from Group

Swatch Profits Plunge As China Luxury Crisis Bites

Swiss watch group Swatch saw its first half profits plunge due to the luxury market crisis in China and warned Monday the key market was likely to remain difficult throughout the rest of the year.

International Business Times

Euro 2024 LIVE: Latest news and reaction after Jude Bellingham gives England win over Serbia

The Three Lions opened their campaign with a 1-0 triumph to move to the top of Group C

The Independent UK

Hospital group agreed six-figure bonuses for bosses – while warning it would stop paying for patients’ drugs

Exclusive: Despite the drastic financial warning by the hospital group’s CEO, bonuses worth hundreds of thousands of pounds were agreed to be paid to at least two directors

The Independent UK

From analysis to the latest developments in health,
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Toyota shareholders demand vote against chairman Toyoda as automaker embroiled in testing scandal

Toyota's chairman Akio Toyoda will be facing some disgruntled shareholders this week, as two major proxy groups demand a vote against keeping the grandson of the founder on its board

The Independent UK

One day after trumpeting its big Summer Game Fest reveals, Sumo Group is laying off 15% of its workers and closing Timbre Games

The company said the cuts are necessary to "ensure the security of the business."

PC Gamer

Coats appoints former GKN Aerospace chief as new CEO of one of London's most historic listed firms

David Paja will take over in the top job from company veteran Rajiv Sharma

Evening Standard

Terry Crews And Friends: A Stylish Brotherhood

Terry Crews and friends showcase camaraderie and style in a candid moment, embodying the enduring nature of friendship and the joy of genuine connections.

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PlayStation will lose Final Fantasy exclusives, as Square Enix announces plans to bring more of its games to Xbox and PC

Square Enix has announced in their latest FY24 report that it plans to focus on releasing more games on multiple platforms, including Xbox, and revive old IP as part of their new business strategy.

Windows Central

Square Enix to "shift from quantity to quality" as it "aggressively pursues a multiplatform strategy" which could spell the end of PlayStation-first Final Fantasy games

It still plans to "regularly release AAA titles in its major franchises"

GamesRadar

Marketing agency Mission turns down takeover bid

Digital marketing group Mission today rejected a £27 million takeover bid from Brave Bison, a rival which is backed by former Tory Party deputy chairman Lord Ashcroft.

Evening Standard

London stock market falls out of top 20 in 2024 global IPO destination rankings — joint with Kazakhstan

The IPO drought comes at the same time as an exodus of firms from the London Stock Exchange

Evening Standard

Square Enix announces it's tanked $140 million in losses due to 'content abandonment', though there's no clue as to what's been dropped—and where

Mid-life crisis (core).

PC Gamer

Primark booms as Rita Ora deal pays off

Inflation has all but gone, says Primark boss

Evening Standard

HSBC exits Argentina nursing $1 billion in losses

Argentina exit followers earlier Mexican cocaine scandal

Evening Standard

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Bike Perfect

Mike Ashley's Frasers Group to relaunch Chain Reaction and Wiggle websites and look to continue MTB brands Nukeproof, Vitus and Ragley

After months of speculation, details emerged on the future of WiggleCRC and their in-house brands

The Hindu

Hitachi Group firm GlobalLogic opens office in Mahbubnagar

GlobalLogic opens 180-seater office in Mahbubnagar near Hyderabad, part of hub-and-spoke strategy to tap into local talent.

Evening Standard

TP ICAP defies City slowdown with record growth

There’s a dearth of fresh stock market listings and UK equities are in the doldrums, but City trading house TP ICAP is powering on.

The Hindu

France’s Mane Group expanding presence in Telangana with ₹200 crore plant

Mane invests ₹200 crore in Hyderabad for a state-of-the-art plant producing high-quality savoury and snacks flavours.

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Evening Standard

Betting firm 888 to pay $50 million to quit failing American venture

Firms like Flutter and Entain have had great success in America but 888 failed to gain any ground in the country

The Guardian - UK

Alan Brownjohn obituary

Prolific poet, novelist and critic who was an astute and sometimes satirical observer of life in modern Britain

Evening Standard

City buying spree continues as London-listed Bank of Georgia swoops for Ameriabank

Bank of Georgia shares are up 7% to 4,245p today, a new all-time high and valuing the FTSE 250 lender at £1.94 billion

Evening Standard

EV maker Arrival enters administration with 400 jobs at risk

British electric vehicle maker Arrival has entered administration, putting around 400 jobs at risk.

TechRadar

Thunderful Group to lay off around 20% of its staff in an attempt to make the company ‘stronger’

Thunderful Group is laying off around 20% of its staff as it restructures its operations.

The Hindu

Adani Group to invest ₹12,400 cr in Telangana in the coming years

Adani Group announces investments of ₹12,400 crore in Telangana for various projects including data centers and cement grinding unit.

Motor1

Volkswagen Group Sold 9.24 Million Cars In 2023. Will That Beat Toyota?

Deliveries surged by 12 percent compared to 2022.

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