The Camden Theatre. The Camden Hippodrome Theatre. The Camden Hippodrome Picture Theatre. A BBC recording studio. The Music Machine. The Camden Palace. Koko. The changing names of this former theatre and music venue on Camden High Street in north London tell a story of shifts in entertainment culture. And now, after a £70mn restoration, a
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Robinhood Markets announced it would sack 9 per cent of its full-time employees to reduce the number of “duplicate” jobs at the retail brokerage. Just two days ahead of the release of its first-quarter results, chief executive Vlad Tenev announced the lay-offs, saying the company’s “period of hyper growth” in 2020 and the first half
Arm has moved to regain control of its renegade China unit and replace its chief executive Allen Wu, as the UK chip designer seeks to clear its path to a successful public listing. The UK chip designer will put forward two individuals to act as co-chief executives of its China joint venture and has received
UK technology group Aveva has warned of slower revenue growth and margins for this financial year because of the war in Ukraine and rising costs caused by the battle for talent in the software industry. The FTSE 100 company said on Wednesday it had ceased new business in Russia, which represented 2 per cent of
UK officials are carrying out a “full inspection” of a P&O ferry on Wednesday after it lost power in the Irish Sea, as the company resumes a limited service on its most important Dover to Calais route. P&O Ferries operated its first services on the English Channel route — its busiest and most important —
Dear reader, Loaded with armfuls of flowers, joss papers, fruits and an entire roast suckling pig, my family trekked to New Jersey earlier this month to observe Ching Ming. Known in English as the Tomb Sweeping Festival, it is the day on which Chinese people honour their ancestors and clean family burial sites. For me,
Elon Musk can walk away from his $44bn takeover of Twitter for just $1bn — less than 1 per cent of his net worth and a fraction of the $21bn of the equity he has committed to complete the acquisition of the social media group. The “reverse termination fee”, revealed in a regulatory filing by
BASF has pledged to wind down its remaining businesses in Russia and Belarus, becoming one of the last big German groups to make such a move following the invasion of Ukraine. The world’s largest chemicals company by revenue, which last month froze all new projects in Russia, said on Wednesday it would close its existing
Shenzhen-based drone maker DJI has suspended its business in Russia and Ukraine, making it one of the first big Chinese companies to publicly halt Russian operations after President Vladimir Putin’s invasion. Russia’s use of DJI drones had drawn condemnation from Ukrainian officials and direct pleas to the company’s billionaire chief executive to cease its business
John Foley is retiring as chief executive of UK savings and investment group M&G, which has struggled to find its feet since its demerger from insurer Prudential in 2019. M&G said on Wednesday that Foley, who has been in the job since 2015, will continue in the position until a successor is in place. He
Profits at Lloyds Banking Group fell less than expected in the first quarter, as revenue from rising interest rates and continued mortgage growth offset extra provisions taken to account for the impact of surging inflation on the economy. Pre-tax profit fell 14 per cent to £1.6bn in the first three months of 2022, beating analysts’
The first exchange traded product to combine gold and bitcoin in a single fund has launched on the SIX Swiss Exchange. The fund combines a millennia-old store of value with an upstart security that some have touted as the “new digital gold” — even if bitcoin’s slide in recent months has tarnished any reputation it
The Biden administration is looking into claims that Yangtze Memory Technologies Co, a Chinese semiconductor maker, has supplied Huawei with chips, in a potential violation of US export controls. The White House and US Department of Commerce have received copies of a report that claimed Huawei, the Chinese telecoms equipment supplier that Washington believes is
North Koreans seeking greater access to information are engaged in a digital “game of cat and mouse” with Kim Jong Un’s totalitarian regime, according to a new analysis of the country’s telecommunications devices. The study, conducted by researchers on behalf of US-based non-profit organisation Lumen and seen by the Financial Times, shines a light on
Good morning and welcome to Europe Express. Germany moved on several fronts yesterday — most notably on sending heavy weaponry to Ukraine, after weeks of resisting Kyiv’s calls. But Berlin also indicated yesterday that it could very soon stomach an EU oil embargo on Russia, something that was out of the question just weeks ago.
In the village of Semypolky, north-east of Kyiv, green shoots of winter wheat are sprouting in Mykola Gordiychuk’s field. But no one has been working the soil. “These fields should have been filled with machinery” at this time of year, he says. “But it’s been empty. No one has been here.” The farm, where Gordiychuk
Your browser does not support playing this file but you can still download the MP3 file to play locally. US tech stocks fell to their lowest level in more than a year, the Brexit trade deal has caused a “steep decline” in UK trade with the EU, Chinese businesses have scoured the globe for important
China’s zero-Covid policy has put the country’s stocks on track for their steepest monthly loss in six years, as investors and analysts warn of deeper falls to come on concerns that Beijing could miss its growth target for the first time. Souring sentiment has pushed the country’s CSI 300 stock benchmark down 10 per cent
You can enable subtitles (captions) in the video player So if you could sum up this topic with one snappy phrase, what would it be? Making the heart of a star to power the world. Nuclear fusion is about fusing atoms to release huge amounts of energy. We know it’s physically possible because it happens
Downsizing the French welfare state would not just reinvigorate the country’s economic fortunes, as Ruchir Sharma argued (“The fat French state is about to get fatter”, Opinion, April 26). It is essential to protect against populists like Marine Le Pen over the long term by rebuilding a fairer, more meritocratic system. France’s bloated state intervenes
The UK’s plans to enact legislation that would grant ministers the powers to override parts of the Northern Ireland protocol that they dislike are a spectacular error of judgment and strategy (Report, April 22). Not only would any such legislation clearly and unambiguously put the UK in breach of its international obligations under the withdrawal
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