Luke Littler Trademarks Face to Combat AI Fakes
Teen darts champion Luke Littler applies to trademark his face, aiming to prevent AI-generated fake products, after a Premier League win in Dublin where he discussed fan reactions.
Category : Corporate
Atlassian Lays Off 1,600 Staff, 500 Australians Affected
Software giant Atlassian has laid off 10% of its workforce, with nearly 500 Australian employees losing their jobs as the company pivots toward AI integration. Former staff describe sudden terminations and concerns about AI replacing human roles.
Luke Littler Trademarks Face to Stop AI Use
Teenage darts star Luke Littler applies to trademark his own face, aiming to prevent unauthorized AI products from using his likeness without permission.
Unilever Food Sale Gets Mixed Reception as Strategy Shifts
Unilever's potential sale of its food brands, including Marmite and Hellman's, to McCormick has drawn cautious investor response. Analysts warn of long-term payoffs and execution risks as the company focuses on beauty and personal care.
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Parmenion Mulls Bid for Wealth Manager One Four Nine
Parmenion is considering a bid for wealth manager One Four Nine in a deal known as Project Maple, potentially reshaping the financial advisory landscape in London.
Diageo's £1bn IPL Cricket Windfall Could Fuel Comeback
London-listed drinks giant Diageo considers selling its IPL cricket team Royal Challengers Bengaluru for up to $2bn, potentially providing a major financial boost amid challenging market conditions.
Wetherspoon Profit Disappoints, Shares Tumble 10%
JD Wetherspoon shares dropped sharply after reporting lower-than-expected profits despite sales growth, with rising costs from wages, energy, and taxes squeezing margins.
Unilever in Talks to Sell Food Business to McCormick
FTSE 100 giant Unilever confirms discussions with US seasoning manufacturer McCormick regarding the sale of its foods division, which includes iconic brands like Marmite and Hellman's mayonnaise.
Morgan Stanley Hires Bank of America's Machin for London Healthcare
Morgan Stanley has hired Bank of America's healthcare investment banking veteran, James Machin, to bolster its London-based healthcare team, signaling a strategic expansion in the sector.
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Millennium India CEO Prakash Subramanian Departs
Prakash Subramanian, CEO of Millennium India, has stepped down from his role, marking a significant leadership change at the firm. The departure follows recent strategic shifts in the company's operations.
Private Credit Borrowers Face Rising Interest Rates
Private credit borrowers in London are grappling with higher costs as interest rates increase, impacting loans and refinancing deals in the corporate sector.
Rolls-Royce Scraps 2030 All-Electric Target
Rolls-Royce has reversed its pledge to go fully electric by 2030, citing client demand for V12 engines and changing market conditions. The luxury carmaker will continue selling combustion engine vehicles.
PwC CEO: AI-Reluctant Partners Have No Future at Firm
PwC's US CEO Paul Griggs warns that partners who fail to adopt AI will be replaced, as the firm shifts to AI-powered services and adjusts hiring strategies amid industry growth.
Fund CEOs Get Biggest Pay Bumps Last Year
Analysis reveals which fund CEOs received the largest salary increases, highlighting trends in executive compensation within the financial sector.
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Ex-Battersea Power Station Boss Sues Owners Over Dismissal
The former CEO of Battersea Power Station has launched a high-profile legal action against the Malaysian owners, alleging wrongful dismissal after raising whistleblowing concerns about financial misreporting.
Investec Signals Modest Earnings Growth in Latest Update
South African investment group Investec forecasts modest earnings growth for the year, with earnings per share expected to rise 3-6% despite macroeconomic headwinds and a 4.6% share price drop.
MFS Founder Paresh Raja Hit With Global Freezing Order
Paresh Raja, owner of collapsed lender Market Financial Solutions, faces worldwide asset freeze and spending restrictions after fraud allegations and £1.3bn shortfall.
AI Won't Replace Human Judgment in Auditing, Says FRC Chief
Financial Reporting Council CEO Richard Moriarty argues auditors' professional skepticism and fine judgments remain irreplaceable by AI, while addressing audit reform setbacks and private equity interest in the sector.
Zopa Bank Profits Jump 42% Despite Motor Finance Hit
Zopa Bank reports third consecutive profitable year with 42% pre-tax profit increase, but warns of being 'penalized' by FCA's motor finance redress scheme requiring £7.9m provision.
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HSBC Plans Up to 20,000 Job Cuts via AI Overhaul
HSBC is considering cutting up to 20,000 jobs as part of a major restructuring plan driven by artificial intelligence, aiming to boost efficiency and reduce costs significantly.
LSEG Executives Join OSTTRA After KKR's $3.1bn Buyout
Four senior London Stock Exchange Group employees have moved to post-trade services firm OSTTRA, strengthening its leadership team after its acquisition by private equity giant KKR last year.
Justin Trudeau to Headline EuroFinance International 2026
Former Canadian Prime Minister Justin Trudeau will deliver a keynote at EuroFinance International 2026, addressing Europe's treasury executives on geopolitical risk, economic resilience, and navigating global volatility in uncertain times.
City AM Awards 2026 Finalists: London's Business Elite Revealed
The prestigious City AM Awards return with an exceptional lineup of finalists across multiple categories, showcasing London's most influential business leaders, companies, and innovators. Winners will be announced at the Guildhall on May 6, 2026.
Kid Rock Slams DOJ-Live Nation Settlement in Antitrust Case
Kid Rock expressed shock at the Justice Department's settlement with Live Nation, questioning why the antitrust trial wasn't allowed to proceed. The rocker was set to testify alongside other industry figures.
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Court Reinstates Studio Heads After Krafton CEO's ChatGPT Plan
A US court has ordered Krafton to reinstate Unknown Worlds' leadership after its CEO used ChatGPT to try to avoid paying a $250 million earnout bonus, following the studio's acquisition.
Victory Capital Raises Offer in Janus Henderson Bidding War
Victory Capital has increased its cash-and-stock offer for Janus Henderson to $40 per share, intensifying the bidding war with Trian Fund Management and General Catalyst.
Bank of America Settles Epstein Survivors' Lawsuit
Bank of America has reached a settlement in a civil lawsuit alleging it facilitated Jeffrey Epstein's sexual abuse by ignoring suspicious transactions. The deal awaits judicial approval.
Starbucks Shareholders Seek Board Ouster Over Union Stalemate
Starbucks shareholders are campaigning to remove board members Jørgen Vig Knudstorp and Beth Ford, citing stalled union negotiations and escalating labor disputes since 2021.
Close Brothers Cuts 600 Jobs, Boosts AI as Shares Plunge
Close Brothers banking group announces 600 job cuts and rapid AI rollout to cut costs, as shares tumble over a £300m provision for the UK motor finance scandal.
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Warner Bros CEO Zaslav in Line for $700M Payout
Warner Bros Discovery CEO David Zaslav could receive up to $700 million from the Paramount acquisition, including severance and stock awards, amid studio success at the Oscars.
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