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...Some industry figures say reinsurers need to care about the pressures on property insurers that provide them with a chunk of their business....
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...Embracer Group, the Tomb Raider developer that became Europe’s most valuable video games business after a rapid series of acquisitions, plans to split into three listed companies as it battles to regain...
...Widerström, a veteran of the online gambling industry who was installed as chief executive in October, is trying to revive the fortunes of the indebted group that has been blighted by compliance failings...
...Frasers Group declined to comment....
...The $335mn settlement with the class action group is to be paid in instalments and is supposed to be tax deductible, further mitigating the company’s burden....
...It is working to expand group-wide international capacity, with North America one of its focus areas. But the country’s airline shares do not reflect this brighter outlook....
...DAZN, the sports streaming group backed by billionaire Len Blavatnik, has threatened legal action against the German Football League after losing out in the auction for the rights to show the country’s best...
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...The publicly-listed private equity group uses an 18.5x multiple on its run-rate ebitda, adjusted for recent store openings....
...There have also been a handful of recent industry blow-ups....
...Private equity group Silver Lake, an investor in Manchester City’s parent group, raised its largest fund to date....
...Whitehead said the biggest tech groups were already engaging with their new responsibilities and making changes ahead of time....
...ASML, the chip manufacturing equipment supplier, said the semiconductor industry was on track to recover in the second half of the year, even as it reported a 21 per cent drop in sales and lower-than-expected...
...The US oil and gas industry is suing the Biden administration over its decision to severely restrict offshore drilling amid a growing industry backlash against its climate and energy policies....
...Cumulative global shipments of the Switch were at nearly 140mn units as of last year, among the top three highest number of consoles sold in gaming industry history....
...“Ukraine has demonstrated that industrial capacity is a considerable part of a nation’s national security,” said Kevin Craven, chief executive of ADS, the UK industry trade group....
...Stefano Raimondi, the group’s director of biodiversity, said the involvement of the armed forces as a misguided “populist approach” to a complex problem....
...By contrast, concert promotion, by far Live Nation’s biggest division with 82 per cent of group revenue, pulled in only 17 per cent of total AOI....
...In the relatively young US sports betting industry, there is no time for self satisfaction....
...The £365mn joint venture between Manchester City’s parent group and Denver-based Oak View Group abruptly postponed the opening of Co-Op Live, the UK’s biggest indoor arena....
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