Beyoncé has taken full control of SirDavis, the whisky brand she launched with LVMH’s Moët Hennessy in 2024, after the French group sold its stake.
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Cambridge Aerospace valued at $3.4bn after raising $300m
Cambridge Aerospace has raised $300 million at a $3.4 billion valuation to expand its Skyhammer and Starhammer interceptors, two years after launch.
33 automotive projects set to share £47m in DRIVE35 funding round
DRIVE35 funding of more than £47m has been awarded to 33 UK automotive projects, a round expected to leverage over £90m of total project investment.
Rare disease investment rises after US voucher renewal, UK lags
Rare disease biotech investment has risen since the FDA renewed its Priority Review Voucher scheme in February, says SynaptixBio, but the UK trails the US.
Saudi-led consortium completes $55bn EA takeover
The $55bn EA takeover by Saudi Arabia’s Public Investment Fund, Silver Lake and Affinity Partners has closed, taking the games publisher off Nasdaq.
Six-month-old Volta strikes $10bn deal with Anthropic
Volta Anthropic deal: the London start-up incorporated in January has agreed a $10bn data centre partnership and raised funding from Nvidia at $2.4bn.
Amazon tops $3trn as AWS sales grow 36.7 per cent
Amazon’s market value topped $3 trillion on Monday after second-quarter results showed AWS sales up 36.7 per cent and a raised capital spending forecast.
Aston Martin lenders threaten legal action over £550m HPS deal
Creditors owed £1.3bn have told Aston Martin they may sue to unwind its £550m HPS financing and block the transfer of branding rights to Authentic Brands.
SpaceX revenue up 92% to $7.8bn in first results since float
SpaceX results for the second quarter show revenue up 92 per cent to $7.8bn, ahead of forecasts, with shares falling 6.9 per cent in after-hours trading.
Sainsbury’s sells Argos for £120m, a decade after paying £1.4bn
Sainsbury’s sells Argos to Swift Partners for at least £120m, a fraction of the £1.4bn it paid in 2016, with completion expected in February 2027.
Digital and tech firms take £11.6bn of £14.4bn UK equity haul
UK equity investment reached £14.4bn in the first half of 2026, up 26 per cent on the second half of 2025, according to Barclays and Beauhurst data.
University College Birmingham buys former Cube hotel in £15m plan
University College Birmingham has bought the former Cube Hotel and Marco Pierre White restaurant, the first stage of a £15m programme creating 150 jobs.
Masaj raises £1.5m to open three more London studios
Massage chain Masaj has raised £1.5m led by Figr Ventures, with three further London studios planned over the next 18 months and revenues forecast near £3m.
Bezos names Amazon chip arm as company’s next pillar
Jeff Bezos says Amazon’s chips business is lining up to be the company’s next pillar as it prepares to spend $200bn in capital in 2026, mostly on AI.
Mocean Energy raises £5m to put AI data centres out to sea
Mocean Energy is raising £5m to build floating offshore data centres powered by wave and solar energy, with a first pilot targeted for 2028.
