Business News

Since the 2003 end of Concorde, of course, flitting quickly across the Atlantic has been a thing of the past.

Jamaica’s bus and taxi operators are rapidly adopting the country’s new central bank digital currency (CBDC), known as Jam-Dex. Launched in 2022 by the Central Bank of Jamaica, Jam-Dex, short for Jamaican Digital Exchange, received a boost in adoption through an airdrop event.

As renters and homeowners stretch their budgets to meet ever-increasing housing costs, new research from Fidelity International shows the adverse impact this is having on people’s financial futures.

Speaking at the Meeting for Friendship Among Peoples, held in Rimini from 20 to 25 August 2023, FS Group CEO Luigi Ferraris emphasised the role of Ferrovie dello Stato Italiane Group in the new development plans for Italian infrastructure, on which, Ferraris specified, approximately 300.000 people a year are engaged under the country’s National Recovery and Resilience Plan, part of the NextGenerationEU initiative.

Village pubs, family run B&Bs, and local visitor attractions are the reliable pitstops on any tour of rural Britain. However, the welcome and warmth of such independent and unique businesses is under threat from the lingering effects of the cost-of-living crisis, Brexit, and pandemic lockdowns.

To coincide with IFA 2023, Jackery, the world's leading provider of portable and environmentally friendly power solutions, is expanding its flagship series with two new power stations:  the smallest and lightest member of the Plus family, the Explorer 300 Plus, including a mini-solar module, which is a handy solar generator for the bag.

Some 88% of shoppers expect brands to help them live more sustainably. For ecommerce companies and online retailers, this means turning their attention to emissions generated during last-mile deliveries.

Three years of disruption for manufacturing culminated with unprecedented supply chain inflation in 2022, impacting the results of Aston Manor, the cider-led drinks producer based in Birmingham.

Whilst turnover nudged up from £139m to £142m for the year to 31 December 2022, earnings before interest, taxes, depreciation, and amortisation were slightly down from £5.7m to £5.4m – noted as a creditable performance in the commentary supporting the annual results.

That records: “The quality of our response was informed by a clear strategy and was possible because of the capability that exists in all part of our business, both in terms of our processes and the quality of our people.

Law firm DMH Stallard is mourning the untimely passing of Kate Henning, a partner of over 24 years who died after a short illness.

SIAN Computers Community Initiative C.I.C, a revered community IT firm in Wolverhampton, is set to host a transformative event - the Windrush Experience & Compensation Scheme Event.

SIAN Computers Community Initiative C.I.C Founder, Robert Allen, embarked on this crucial initiative after realising the uphill battle faced by many Windrush Generation individuals who struggled with the Windrush compensation process. Recognising the need for accessible support, SIAN Computers stepped up and secured a contract as a support service with We Are Digital (WAD), who work in partnership with the Home Office, to aid those seeking justice and compensation.

Downtown in Business (DIB) will host a further fifty plus events in 2023, which will include conferences, awards dinners, breakfast forums, leaders’ lunches, private roundtable dinners and a new social networking brand.

Awards evenings will take place in Manchester, Birmingham, and Liverpool. The DIB inaugural ‘Business of Sport’ conference will take place in September at the Old Trafford Cricket Stadium, and the Change Makers Live Summit will happen at the Grand Hotel in Birmingham in October.

Speakers at Downtown events before the end of the year will include Gary Neville, Montell Douglas, Wes Streeting MP, Caroline Simpson, Tom Stannard, Deborah Cadman, Angela Barnicle, Chris Oglesby, Jonny Reynolds MP, Andy Street, Steve Rotheram, Cllr Liam Robinson, Nuala Gallagher, and Steve Reed MP. The new social networking brand ‘Downtown Unplugged’ will also be launched in September.

His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince, Prime Minister and Chairman of the Supreme Committee for Transport and Logistics Services launched the master plan for logistics centres, which aims to further develop the infrastructure of the logistics sector in the Kingdom, diversify the local economy, and strengthen the position of the Kingdom as a leading investment destination and global logistics hub.

Brazilian footballer Neymar Jr. is taking his passion for sport and Brazil to the next level by joining forces with Portuguese business group Horse Team/Campline Horses, a reference in the equestrian world and in the defence of the Purebred Lusitano horse.

A start up language support business, CruxMate, has secured four-figure funding from First Enterprise – Enterprise Loans under the British Business Bank’s Start Up Loans programme to get the business up and running. 

CruxMate – Language Support Services assists individuals facing difficulties in English by providing interpretation and translation services as well as professional phone support services in communication with government agencies such as HMRC, the Home Office and local councils.

Tata Communications, a global digital ecosystem enabler, today announces the launch of its global, cloud-based 5G Roaming Laboratory (Lab), enabling Mobile Network Operators (MNOs) to trial 5G standalone network use cases before introducing the service to their subscribers.

The arrival of Lionel Messi at Inter Miami has turned the fortunes of the newly established MLS club both on and off the pitch.