Lloyds Banking Group in talks to acquire digital wallet provider Curve
and hopefully worth around $50bn to $60bn.» One insider said this weekend that Curve was being advised by KBW, part of the investment bank Stifel, on the discussions with Lloyds.…
Donald Trump plans to impose new tariffs on Canada and other countries, warns of blanket hike | US News
Donald Trump has expressed his intention to impose a 35% tariff on imported goods from Canada, along with a potential 15 or 20% increase for most other countries. In a…
UK economy faces risks and traps amid fragile recovery
Monthly Gross Domestic Product (GDP) figures are volatile and, on their own, don’t tell us much. However, the picture emerging a year since the election of the Labour government is…
Cote restaurant chain owner plans sale with auction
Partners Group, the private equity firm that acquired Cote, the French restaurant chain, during the peak of the pandemic, has initiated an auction process for the business. Sky News has…
UK economy figures show slight improvement despite GDP fall, analyst says
The UK economy unexpectedly shrank in May, even after the worst of Donald Trump’s tariffs were paused, official figures showed. A standard measure of economic growth, gross domestic product (GDP),…
RedBird IMI bids for Whisper Group, TV firm owned by Coulthard
The owner of the television producer behind Squid Game: The Challenge and Call The Midwife is among the suitors circling Whisper Group, the firm founded by broadcaster Jake Humphrey and…
Hermes Birkin handbag sets auction record at £7.4m
A handbag has sold for €8.6m (£7.4m) – becoming the most valuable ever sold at auction. The orginal Hermes Birkin, which had belonged to and was named after British actor…
Four arrested in connection with M&S, Co-op, and Harrods cyber attacks in UK
Four individuals have been apprehended by law enforcement for their involvement in cyber attacks directed at M&S, Co-op, and Harrods. A 20-year-old female and two males, aged 19, along with…
Ulta Beauty to acquire Space NK in high street beauty chain deal
A New York-listed company with a valuation of more than $21bn is to snap up Space NK, the British high street beauty chain. Sky News has learnt that Ulta Beauty,…
EU prepared for all scenarios as Trump threatens tariffs on more nations
Donald Trump has revealed a list of more nations set to face delayed ‘liberation day’ tariffs from 1 August. He has threatened tariffs of 30% on Algeria, 25% on Brunei,…