Business News

On 29^th August 2024, COSCO SHIPPING Heavy Industry Co. Ltd. and COSCO SHIPPING Container Lines Co. Ltd. signed a contract in Shanghai for the construction of twelve 14,000 TEU container ships with dual-fuel methanol propulsion.

Lyle Bignon, NTIA Night Time Economy Ambassador for Birmingham, said: "The prospect of a further layer of regulation and enforcement for the UK’s hospitality and night time industries - coupled with the potential business closures and job losses a smoking ban could result in - is incredibly concerning.

In a global context where the effects of climate change are becoming increasingly evident, both governments and consumers are demanding more responsible actions from companies.

The Chancellor ushered in a new era of business partnership as she met business groups together for the first time as Chancellor.

Leading housing developer David Wilson Homes is inviting property seekers to visit its Kings Gate development in Abingdon next month to secure free mortgage advice from an expert team. 

Boeing has announced that its African offices in Addis Ababa, will commence operations in October, Head of the office, Boeing Africa Managing Director Henok Teferra disclosed.

After a successful crowdfunding round in Australia in June raising $0.7 million AUD, rapidly growing functional drinks brand, Nexba, is expanding fast into a $300 billion AUD global market.

Indian tycoon Sunil Bharti Mittal has become BT’s largest shareholder, following a £3.2 billion purchase.

Beyond offers a comprehensive revenue management solution tailored for short-term rental managers and owners.

Dar Global, the London-listed luxury international real estate developer, have announce the appointment of Rothschild & Co, the leading global independent financial advisor, to explore further growth opportunities in the London and Saudi Arabia markets.

Fresha, the leading marketplace platform for beauty and wellness, today announced it has secured a $31 million venture debt facility from J.P. Morgan.

Responding to the Public Sector Finance release for July 2024, Chief Secretary to the Treasury, Darren Jones, said: “Today’s figures are yet more proof of the dire inheritance left to us by the previous government.

Over two fifths (43%) of UK adults believe that their financial situation will improve in the next 12 months, new research by SmartSave, a Chetwood Financial company, has found.

Fractal (www.fractal.ai), a global provider of artificial intelligence and advanced analytics solutions to Fortune 500 companies, have announced the appointment of Janaki Akella as an independent director to its board of directors.

Microland, India's leading IT infrastructure services company, has appointed Sam Mathew as its president.

Baked In Brick has opened its café concept Bakehouse in Digbeth, becoming the fourth venue in Birmingham alongside Sutton Coldfield, Wylde Green and Broad Street.