uk
Climate campaigners have initiated legal proceedings in the High Court to challenge the UK’s approval of the Woodhouse Colliery project, the first new coal mine in the country in 30 years. Hearings commenced on Tuesday, marking a significant legal confrontation over the future of coal mining in the UK. What’s the Woodhouse Colliery project?In December 2022, the UK’s previous Conservative government approved the development of the Woodhouse Colliery project in Whitehaven, northwest England, spearheaded by West Cumbria Mining (WCM). The mine is intended to extract metallurgical coal, a key compo...
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In an exciting development for both the sports and iGaming industries, BC.GAME, a leading iGaming platform, has entered into a $40 million partnership with Leicester City Football Club. This collaboration, announced on July 5, designates BC.GAME as the “Official Principal Partner” of the football club. Starting with the 2024/25 season, BC.GAME’s branding will be prominently featured on Leicester City’s Men’s First Team shirt-fronts and adult replica shirts, marking a significant moment in the club’s illustrious history. Introducing $BC: A leap forward in iGamingThe partnership also heralds the...
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The newly elected Labour government in the UK is likely take a tough stance towards Tata Steel UK, ensuring the steelmaker protects local jobs at its Port Talbot plant before the government approves the 500 million pounds ($635 million) support package agreed upon by the previous administration for building a low-carbon facility, The Economic Times reported on Wednesday. “Decarbonisation does not mean deindustrialisation,” new UK business secretary Jonathan Reynolds told ET in emailed responses. I will be working to safeguard jobs as part of negotiations, securing the future of steel-making co...
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On Tuesday, a judge at London’s High Court referred Craig Wright, an Australian computer scientist, who had claimed to have invented Bitcoin, to British prosecutors for alleged perjury. The judge concluded that he had “extensively and repeatedly” lied to substantiate his false claim. Wright had sought to establish himself as the original creator of Bitcoin, claiming intellectual property rights, including copyright ownership of the bitcoin white paper and initial versions of the bitcoin software. This development follows a damning ruling by London’s High Court judge, James Mellor, who found ov...
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De aandelen van Hugo Boss kenden een aanzienlijke daling en daalden dinsdag met maar liefst 10% na een herziening van de verkoopvooruitzichten van het bedrijf voor het hele jaar. Het Duitse luxe modehuis heeft zijn prognose bijgesteld naar een bandbreedte van maximaal € 4,35 miljard (€ 4,73 miljard), een daling ten opzichte van de eerdere schatting van maximaal € 4,45 miljard. Het bedrijf schreef deze herziening toe aan aanhoudende macro-economische en geopolitieke uitdagingen, vooral in belangrijke markten zoals China en het Verenigd Koninkrijk Omzet en winst dalen in het tweede kwartaal omda...
Invezz - NL
Le azioni di Hugo Boss hanno subito un calo significativo, crollando fino al 10% martedì a seguito di una revisione delle previsioni di vendita della società per l’intero anno. La casa di moda di lusso tedesca ha adeguato le sue previsioni a un intervallo fino a 4,35 miliardi di euro (4,73 miliardi di dollari), in calo rispetto alla stima precedente di un massimo di 4,45 miliardi di euro. La società ha attribuito questa revisione alle continue sfide macroeconomiche e geopolitiche, in particolare nei mercati chiave come Cina e Regno Unito Calo delle vendite e dei profitti nel secondo trimestre ...
Invezz - IT
L’action Hugo Boss a connu une baisse significative, plongeant jusqu’à 10% mardi suite à une révision des perspectives de ventes de l’entreprise pour l’ensemble de l’année. La maison de couture de luxe allemande a ajusté ses prévisions à une fourchette allant jusqu’à 4,35 milliards d’euros (4,73 milliards de dollars), en baisse par rapport à l’estimation précédente qui s’élevait à 4,45 milliards d’euros. La société a attribué cette révision aux défis macroéconomiques et géopolitiques persistants, en particulier sur des marchés clés tels que la Chine et le Royaume-Uni. Les ventes et les bénéfic...
Invezz - FR
Die Aktien von Hugo Boss erlebten einen deutlichen Rückgang und stürzten am Dienstag um bis zu 10 %, nachdem das Unternehmen seine Umsatzprognose für das Gesamtjahr nach unten korrigiert hatte. Das deutsche Luxusmodehaus korrigierte seine Prognose von bis zu 4,45 Milliarden Euro auf einen Bereich von bis zu 4,35 Milliarden Euro (4,73 Milliarden US-Dollar) nach unten. Das Unternehmen begründete diese Anpassung mit den anhaltenden makroökonomischen und geopolitischen Herausforderungen, insbesondere in Schlüsselmärkten wie China und Großbritannien. Umsatz- und Gewinnrückgang im 2. Quartal aufgrun...
Invezz - DE
Hugo Boss shares experienced a significant drop, plunging as much as 10% on Tuesday following a revision in the company’s sales outlook for the full year. The German luxury fashion house adjusted its forecast to a range of up to €4.35 billion ($4.73 billion), down from the previous estimate of up to €4.45 billion. The company attributed this revision to ongoing macroeconomic and geopolitical challenges, particularly in key markets such as China and the UK Sales and profit decline in Q2 as challenges persistThe company reported that its group sales fell by 1% on a preliminary basis in the secon...
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On Tuesday, Britain’s Ocado Group (LON: OCDO) surprised the market by raising its annual guidance, attributing the adjustment to improved profitability in its warehouse technology business. This announcement reassured investors and sent Ocado’s shares soaring by 18%, trading at 402 pence in early deals. The rise in share price marks a significant turnaround for the company, which has seen its shares plummet 55% this year due to a slowdown in the rollout of robotic sites and modules for its retail partners. Investor confidence rebounds in OcadoOcado’s CEO, Tim Steiner, emphasized that investors...
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