LONDON, UK: GCP Infrastructure Investments Limited (GCP Infra) has set the stage for a transformative phase as it unveils plans to join forces with GCP Asset Backed Income Fund Limited (GABI) and potentially merge with RM Infrastructure Income plc (RMII). The Board of Directors of GCP Infra has announced that it has reached preliminary agreements…
Halo Food divests The Healthy Mummy Holdings
SYDNEY, AUSTRALIA: In a strategic move aimed at streamlining its business operations and optimizing its portfolio, Halo Food Co. Limited (ASX:HLF) has announced the divestment of The Healthy Mummy Holdings and its associated subsidiaries. The Company’s decision aligns with its ongoing strategic review, which was prompted by recent market challenges and a desire to enhance…
Exchange rates for GBP against major currencies on August 11, 2023
LONDON: The latest exchange rates for GBP against major currencies such as USD, EUR, JPY, AUD and more. Stay up-to-date on the latest fluctuations and trends in the GBP-exchange market. According to www.exchangerates.org.uk: GBP-EUR 1.1543 Pounds to Euros GBP-USD 1.2683 Pounds to Dollars GBP-NZD 2.1113 Pounds to New Zealand Dollars GBP-AUD 1.9451 Pounds to Australian…
What are UCAS courses and how to apply?
UCAS courses are courses offered by universities and colleges in the UK that can be applied for through the UCAS website. UCAS stands for Universities and Colleges Admissions Service, and it is the central organisation that processes applications for undergraduate courses in the UK. There are many types of UCAS courses available, such as: You…
X CEO Linda Yaccarino says the company is hiring and growing after Musk’s takeover
X, the social media platform formerly known as Twitter, is hiring again after slashing more than half of its workforce following its acquisition by Elon Musk. The company’s CEO, Linda Yaccarino, said in an interview with CNBC on Thursday that the company is shifting from cost-cutting to growth mode. “I get to come in and…
Disney hikes streaming prices and cracks down on password sharing
Disney, the entertainment giant, has announced that it will raise the prices of its ad-free streaming services, Disney+ and Hulu, by $3 per month, starting from October. The company also said that it will intensify its efforts to stop password sharing among its subscribers, which could generate more revenue in the long term. The price…
Mortgage rates fall as lenders compete for customers
Mortgage rates have fallen for the first time in two months, as several lenders have reduced their costs across both residential and buy-to-let ranges. The move could benefit homebuyers and homeowners who are looking to remortgage or switch to a better deal. According to Moneyfacts, a financial data provider, the average rates on two-year and…
National World eyes Telegraph Media Group as potential acquisition target
National World, the owner of the Yorkshire Post, the Scotsman and more than 100 other regional newspapers and websites, has expressed its interest in buying the Daily Telegraph and its sister titles, including the Sunday Telegraph and the Spectator magazine. The company, which was founded by former Mirror executive David Montgomery, said in a statement…
Tapestry to acquire Capri Holdings in a $8.5 billion deal to create a global luxury house
Tapestry, the parent company of Coach, Kate Spade and Stuart Weitzman, announced on Thursday that it has agreed to buy Capri Holdings, the owner of Michael Kors, Versace and Jimmy Choo, in a cash deal valued at $8.5 billion (€7.7 billion). The deal will create a new powerful global luxury house with six iconic brands…
Barretts Bakery, a popular Perth chain, faces liquidation over $2m tax debt
Barretts Bakery, a well-known bakery chain that has been operating in Perth for over 25 years, is in danger of being liquidated after owing $2 million to the Australian Taxation Office (ATO). The chain, which has seven stores across the city, was placed under administration on July 27, according to a notice published by ASIC1. The…
Abivax announces plans to conduct registered public offering in the United States
PARIS, FRANCE: Abivax, a French biotechnology company that develops novel treatments for inflammatory diseases, viral diseases and cancer, announced today that it intends to launch a public offering of its shares in the United States. The company has filed a confidential draft registration statement with the U.S. Securities and Exchange Commission (SEC) for the offering…
Southern Rail plans to scrap direct trains to Gatwick Airport
Southern Rail has announced proposals to change its West Coastway timetable, which would affect passengers travelling between Southampton and Gatwick Airport. Under the new plans, direct trains from Southampton Central to London’s second-biggest airport would be axed, and passengers would have to change at Barnham. The operator says this would improve reliability and capacity on…