October 2019

Ladbrokes owner sees profits boost despite gambling crackdown

Image copyright Getty Images GVC, the company that owns Ladbrokes, says it expects its profits to be bigger than expected despite the government’s clampdown on gambling. The firm still expects to close 900 stores over two years because of the maximum stake on fixed-odds betting terminals (FOBTs) being cut to £2. But while the use […]

Ladbrokes owner sees profits boost despite gambling crackdown Read More »

Marvel Comics at 80: From bankruptcy threat to billions at the box office

Image copyright Marvel Comics For an 80-year-old, this one’s still going strong: shooting lasers out of its eyes, adventuring through space, saving the world in a metal suit. But this pensioner is Marvel Comics, which is celebrating its anniversary this week, and much like Captain America – who fought in World War 2 – it

Marvel Comics at 80: From bankruptcy threat to billions at the box office Read More »

Goldman Sachs reviews role in Chinese tech firm Megvii

Image copyright Megvii Image caption The Face++ system turns people’s faces into digital maps that can be cross-referenced with those already stored in a database Goldman Sachs will review its involvement in the planned stock market listing of Chinese artificial intelligence firm Megvii. The US has blacklisted the company, alleging it is “implicated” in the

Goldman Sachs reviews role in Chinese tech firm Megvii Read More »