A former McKinsey boss is among the candidates considered to be replaced by Sir Mark Tucker as president of HSBC Holdings. Sky News learned that Kevin Sneader, who was elected from the World Consulting Company in 2021 following a series of crises, was approached from the first job at the Banque based in London. City … Read more
The family behind River Island, the High Street fashion retailer, develops a radical rescue plan that could endanger a large number of stores and jobs. Sky News learned that the owners of the channel have written advisers from PricewaterhouseCoopers (PWC) to develop an official restructuring plan. The proposals, which should be finalized in a few … Read more
The American economy experienced a slowdown in hiring, but no jump in unemployment last month when Donald Trump’s impact of trade war continues to take place. Official data, which removes the effects of seasonal workers, showed that 139,000 new net jobs were created in May. Market analysts and economists expected a figure of 130,000 – … Read more
The administrators are on standby to manage the collapse of the British Builder branch .i, a start-up supported by Microsoft which has filed for bankruptcy in the United States. Sky News learned that Alvarez & Marsal (A&M) was aligned to supervise Builder’s insolvency. The news of the imminent appointment comes a few days after Builder.ai, … Read more
The owner of Slimfast launched a sale of the weight loss brand after hiring advisers to orchestrate an auction. Sky News understands that Glanbia, the Irish company, works with bankers in Houlihan Lokey on a process of leaving its weight management portfolio. Nicknamed Project Lego, a sale would occur more than 45 years after the … Read more
A premium ticketing platform supported by the football captain in England Harry Kane collects additional funding of 10 million pounds sterling to take advantage of the fast-growing “experience economy”. Sky News has learned that Seatanique, which is managed by the co-founder Robin Sherry, is in talks to secure the new capital in an extension of … Read more
Pakistan is celebrating a goal during the Asian Champions Cup against China on September 12, 2024 – Asian Hockey Federation/Facebook/File Islamabad: The Pakistani Hockey Federation (PHF) was vocal for its financial restrictions that hinder its participation in international competitions. However, according to a letter from PHF itself, the union carries a bank balance of millions … Read more
Every Thursday, our money’s blog team interviews the United Kingdom chefs, hearing about their cheap and more food hacks. This week, we are talking with Ryan Honey, chief of the Duke’s chief in Henley-on-Thames. The best leader in the United Kingdom is … Mark Birchall in Moor Hall, hands down. The guy has just shot … Read more
A leisure chain which aims to capitalize on the enthusiasm of the British for “competitive socialization” obtained an injection of financing of several million pounds to accelerate its growth. Sky News understands that Spinners – which offers games such as bowling alley, crazy golf course, darts and shuffleboard – has entered into an agreement with … Read more
Bengaluru, India – Sumathi Muniswamy, 52, has not missed a single election since she obtained her voter card at the age of 18. “It’s the only way to make my voice heard,” she says. But the May 2023 elections for the Karnataka State Assembly presented a new campaign promise. The Congress Party has promised to … Read more