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...Riverlane is an example of what Andrew Williamson, an investor in the business and managing partner of Cambridge Innovation Capital, calls “deep tech” or knowledge-intensive businesses....
...Key economic and company reports Here is a more complete list of what to expect in terms of company reports and economic data this week....
...Players are then nudged into spending their pounds and dollars — or virtual currencies developed for particular titles, such as Fortnite’s V-bucks — on in-game outfits and guns....
...He added that the company’s 0.5 ABV beer Ghost Ship was its second-best seller, and that older and younger consumers alike were cutting their alcohol intake....
...The UK economy may be more resilient than thought in the face of rising inflation, higher borrowing costs and banking turmoil, according to data released on Friday showing that retail sales and consumer...
...She is the company’s first outsider and first female CEO, one of only 52 women leading Fortune 500 companies....
...Aerospace and defence contractors Lockheed Martin and Raytheon were two of the US companies to report earlier in the day, with the former reporting lower year-on-year sales but beating analysts’ revenue...
...On the other side of town in Barlaston, Kate Turner, chief curator at the V&A Wedgwood Collection, has retrieved a leather-bound ceramic pattern book from the company’s archives....
...Lex was tickled by its sale of nuclear group Westinghouse Electric to uranium processor Cameco and one of its own funds for an enterprise value of $7.9bn....
...US drugmakers AbbVie and Eli Lilly became the first big pharma groups to pull out of a pricing agreement with the UK after a sharp rise in the levy on branded medicines....
...Andrew Goodacre, chief executive of the British Independent Retailers Association and a signatory of the letter, said online sales taxes were “a very divisive issue”....
...UK oil and gas company Serica Energy has rejected a bold £1bn cash-and-shares offer from a smaller rival led by the North Sea dealmaker Andrew Austin....
...Impose an energy windfall tax Likelihood: VERY LIKELY; Money raised: £5bn Sunak, a former chancellor, imposed a 25 per cent levy on oil and gas company profits in his May 2022 Budget....
...Meanwhile, shares in Heineken, Europe’s second-largest brewer, plunged after it missed forecasts on beer sales and warned of softening consumer demand....
...“You had a whole industry that was predicated on behavioural targeting and measurement, and it’s been kneecapped,” adds Andrew Lipsman, ecommerce analyst at eMarketer....
...Chris Williamson, chief business economist at S&P Global....
...Germany, for example, is planning an extra gas levy from October, although the impact on households will be partly offset by a cut in VAT on gas sales....
...such a levy....
...The UK has imposed additional taxes on energy companies this year but another round of record profits could increase calls for additional levies....
...Many companies have called for a corporate tax, saying a levy on their profits is preferable to “stealth” taxes....
...The so-called gas tax holiday would involve scrapping the 18.4 cent federal levy on every gallon of petrol, and 24 cent levy on diesel that consumers pay at the pump....
...levies on Russian products....
...Spain said it would put a windfall tax on excess profits of energy companies and a special levy on banks to raise €7bn and help offset soaring energy prices and rising inflation....
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