LONDON, UK: SSP Group plc is further expanding its presence across North America by adding 40 new units at seven airports, including four new locations, through the acquisition of the concessions business of Midfield Concession Enterprise Inc. (MCE). SSP is a leading operator of restaurants, bars, cafes and other food and beverage outlets in travel…
Begbies Traynor Group acquires Banks Long & Co to strengthen its property services division
LONDON, UK: Begbies Traynor Group plc has completed the acquisition of BLC No1 Limited, which trades as Banks Long & Co, according to an announcement made by the business recovery, financial advisory and property services consultancy on Wednesday. Banks Long & Co is a firm of chartered surveyors with 38 employees in Lincoln, operating throughout…
Personal Group appoints Paula Constant as new Group Chief Executive
LONDON, UK: Personal Group plc, a company that provides workforce benefits and services, has announced that its Group Chief Executive, Deborah Frost, will be retiring at the end of the year. Frost has been on the board for eight years and will step down as Group Chief Executive and from the board on December 31,…
Liontrust to acquire GAM Holding AG for a total of £96 million
LONDON, UK: Liontrust Asset Management, the specialist fund management group, has conditionally agreed to acquire the entire issued share capital of GAM Holding AG (GAM), a global investment management group. The proposed acquisition will be by way of public exchange offer with ordinary shares of 1 pence each in the capital of Liontrust to be…
Land Rover Classic launches heritage-themed Defender Works V8 Islay Edition
LONDON, UK: Land Rover Classic has announced a new special edition of its Defender Works V8, inspired by the history and nature of the Isle of Islay in Scotland. The Classic Defender Works V8 Islay Edition pays tribute to Spencer Wilks, one of the founders of Land Rover, and the island where he tested early…
What is cryptocurrency?
What is cryptocurrency? A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. Cryptocurrency is a form of payment that can be exchanged online for goods and services. Many cryptocurrencies are decentralized networks based on blockchain technology—a distributed ledger enforced by a disparate…
Anthony Kongats stepping down as CEO of CAP-XX
LONDON, UK: CAP-XX announced that Mr Anthony Kongats has informed the Board of his decision to step down from full time employment and as a Director and CEO of the Company. The Company also announces that it is in advanced discussions with a proposed new CEO for CAP-XX, with this individual being based in Western…
Snap introduces Collab Studio to connect brands with top influencers
Snap, the parent company of Snapchat, announced on Tuesday the launch of its Collab Studio, a new way for brands to partner with Snap Stars to create sponsored content. The platform’s top influencers, including social-media personalities like David Dobrik and Hannah Stocking, can be reached out to directly by brands through the studio. With over…
Dyson to Invest £100 Million in New Technology Site in Bristol and £166 Million in R&D Campus in the Philippines
Dyson has announced its plans to invest £100 million in a new technology facility in Bristol as part of its expansion of robotics centres throughout the UK. The vacuum and battery manufacturer will employ hundreds of software and artificial intelligence engineers at the new site to create innovative products and apps. Dyson’s commercial and ecommerce…
Darden Restaurants acquires Ruth’s Chris Steak House for $715 million in all-cash deal
On Wednesday, Darden Restaurants announced that it will acquire Ruth’s Hospitality Group, the parent company of Ruth’s Chris Steak House, for $715 million in an all-cash transaction, valuing Ruth’s at $21.50 per share. Ruth’s Chris Steak House has over 150 locations worldwide and generated $505.9 million in revenue in 2022. The deal is expected to…
Setting up your Work-from-home Office space
A significant shift in the workplace since COVID has created the opportunity to work from home. Working from home has caused a drastic change in the way people perceive their work lives. Digital office management tools, video conferencing and remote working environments have been new for most workers. While some people have faced challenges around…
The Future of Work: How Technology is Changing the Way We Work and What it Means for the Labor Market
The way we work is changing rapidly, and technology is playing a major role in this transformation. In recent years, we have seen a shift towards automation, artificial intelligence, and remote work, which has transformed the traditional labor market. As we continue to embrace these changes, it is essential to understand how they will shape…