Warren Buffett has been linked with a group that is looking to bid for Yahoo May 15, 2016 Warren Buffett, the legendary investor, is backing a consortium that is bidding for the core internet assets of Yahoo, according to reports. The head of Berkshire Hathaway, also known as the Sage of Omaha, is reportedly among a group that includes Dan Gilbert, the billionaire founder of Quicken Loans. US news reports and the Financial [...]
Scene set for Stock Spirits’ AGM as investor backs major shareholder in calling for change May 15, 2016 BACKING for the dissident investor in troubled Stock Spirits is growing ahead of next week's AGM at the London-listed, Central European spirits producer. Stock Spirits' largest shareholder, Western Gate, is calling for the election of two new non-executive directors (Neds), and for a new review of the company's M&A strategy. Western Gate Investments is the [...]
London bus crash injures 13 in Harlesden May 15, 2016 A bus has crashed into a shop injuring as many as 13 people in north west London. The double decker bus crashed into a shop in Harlesden at around 2pm on Sunday. The incident occurred at a junction with Harlesden High Street and Manor Park Road, said London Fire Brigade, which had firefighters from Park Royal, Stanmore and Wembley attending [...]
Space tourism, driverless cars and drones set for Queen’s Speech lift off May 15, 2016 New plans for driverless cars on Britain's roads are to be announced in the Queen's speech this week, as are proposals for creating an ambitious UK-based space tourism industry by 2018 along with drone-friendly innovations. “Driverless cars and commercial space flight might seem like something science fiction, but the economic potential of the new technology is huge [...]
Google could face the EU’s biggest ever antitrust fine May 15, 2016 Google could be facing a multi-billion pound fine over its dominance of internet search in Europe just weeks after it was charged in relation to similar claims over its Android operating system The fine, due to be handed out by competition chief Margrethe Vestager in the coming weeks according to the Telegraph, would finally wrap up a six year antitrust investigation into Google's powers [...]
Have Asda execs been stress eating with James Martin ahead of first quarter results? May 15, 2016 Has Asda chief Andy Clarke been eating his feelings? The Big Four retail giant has struck up a delicious partnership with former Saturday Kitchen star James Martin. Last month the Yorkshire foodie figure rustled up a strawberry gateau with Asda boss Andy Clarke at the InterContinental Hotel on Park Lane in London, marking the start of a new marketing partnership [...]
Donald Trump says Britain won’t be at the back of the trade queue May 15, 2016 Presidential hopeful Donald Trump has said the UK won't be at the "back of the queue" when it comes to trading with the US if he becomes leader. The nearly Republican Presidential nominee said it would make no difference if the UK voted to stay in the European Union or leave it in next month's referendum, [...]
Protesters target Topshop in Oxford Street demonstration against Sir Philip Green May 15, 2016 Protesters have targeted Arcadia and former BHS boss Sir Philip Green in a campaign over the Living Wage. Demonstrators disrupted the flagship Topshop store on Oxford Street on Saturday, bringing traffic to a standstill on the busy central London street. More than 100 protesters took part in the demonstration which moved down to another Topshop store towards Marble [...]
Mark Carney defends “outspoken” Bank of England Brexit comments as former City minister Andrea Leadsom launches fresh attack May 15, 2016 The Bank of England (BoE) governor Mark Carney has defended the central bank's outspoken comments on the economic risks of Britain leaving Europe. "Absolutely not" responded Carney when asked if the comments overstepped the mark by Andrew Marr on the BBC's Sunday morning show. "The issue is much wider than the issues the Bank of England [...]
MPs warn of workplace pension scheme risks May 15, 2016 MPs have raised concerns over millions of people's pensions which may fall through a gap in regulation. Those paying into a pension through auto-enrolment at work may be in danger of losing their retirement savings if the trusts employers are placing the cash in collapse, the work and pensions select committee has said in a new [...]