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The Messenger shoots down report of news site’s demise: ‘Beyond absurd’

News site The Messenger on Wednesday dismissed a report that the money-bleeding startup would shut down by the end of the month as “beyond absurd.” Board members met last Friday and weighed closing Jimmy Finkelstein’s embattled company — which just launched last May — after learning that it is “on track to run out of cash at the end of January,” Semafor reported earlier in the day. However, a spokesman shot down the accuracy of the rival news outlet. “We have already secured investment as part of our second raise, and so the notion of us discussing closure is beyond absurd,” a spokeswoman for The Messenger told The Post. News of…

Fatcat bosses take home more money by 1pm today than average worker will earn…

The average fatcat boss will have raked in more by 1pm today than a typical worker will earn all year. Analysis by the High Pay Centre found the average chief executive of a FTSE 100 company makes £3.81million a year, or the equivalent of £1,171.56 an hour. That is 109 times the average salary for a full-time worker of £34,943. The highest-paid FTSE fatcats – such as AstraZeneca’s £15.3m Pascal Soriot and BAE Systems’ £10.7m Charles Woodburn – earn several times more. Workers’ average pay has risen 6% in the past year, while top bosses have netted an extra 9.5%. Despite this, there are growing calls in the City for big bosses in…

U.S. LNG Growth Sparks Climate Activism Uproar

At the COP28 conference last month, climate activists were perhaps the most numerous demographic. Normally, this demographic focuses either on oil and coal or all three hydrocarbons, including gas. This time, a group of activists had a much more specific target : liquefied natural gas. Even more specifically, the target for 250 activist organizations was U.S. LNG. if(window.innerWidthADVERTISEMENTfreestar.config.enabled_slots.push({ placementName: "oilprice_medrec_atf", slotId: "oilprice_medrec_atf" });';document.write(write_html);} Last year, the United States became the world's largest LNG exporter , dethroning Qatar and…

Boost for Queen Elizabeth’s favourite coat brand as Gucci and Ganni…

Barbour’s sales hit a record high last year as tie-ups with high-end fashion brands helped it gain traction among younger shoppers. The South Shields-based British business collaborated with the likes of Gucci and Copenhagen’s Ganni in a bid to revitalise the 129-year-old brand. According to the company’s chairman, Dame Margaret Barbour, the late Queen wore the same Barbour jacket for 25 years. Credit: Getty Barbour also partnered with model Alexa Chung and luxury womenswear brand Chloe, as it boosted sales up by almost 20 per cent to £343 million ($640 million) in the year to April 2023. Founded in 1894 by John Barbour, the…

Boost for Queen Elizabeth’s favourite coat brand as Gucci and Ganni…

Barbour’s sales hit a record high last year as tie-ups with high-end fashion brands helped it gain traction among younger shoppers. The South Shields-based British business collaborated with the likes of Gucci and Copenhagen’s Ganni in a bid to revitalise the 129-year-old brand. According to the company’s chairman, Dame Margaret Barbour, the late Queen wore the same Barbour jacket for 25 years. Credit: Getty Barbour also partnered with model Alexa Chung and luxury womenswear brand Chloe, as it boosted sales up by almost 20 per cent to £343 million ($640 million) in the year to April 2023. Founded in 1894 by John Barbour, the…