Toshiba moves in on record-breaking $6.3bn shares buyback June 13, 2018 Toshiba has revealed it will be buying back $6.3bn (£4.71bn) in stock that has seen its share price rise as much as 11 per cent. The decision was made as part of a pledge made by Toshiba to share the proceeds of an $18bn sale of its memory chip business to US private equity firm [...]
World Cup Betting: Back Brazil to banish memories of 2014 in Russia June 13, 2018 It’s been 1,432 long days since Mario Gotze volleyed the ball into the Argentina net to win the World Cup for Germany – a fitting end to a feast of football in Brazil. Four years later, and we’re ready for the 2018 edition in Russia, in what promises to be another sporting spectacular. The build-up [...]
Trevor Steven: Neymar gives Brazil the edge in close World Cup but England can challenge if they hold nerve June 13, 2018 Don’t let anyone tell you that the Champions League is the pinnacle; the knockout stage of the World Cup is where the finest margins separate success and failure. International football is still the be-all and end-all and the next few weeks will underline that. This is one of the most wide open World Cups in [...]
World Cup 2018 dark horses: Can a surprise package still upset the favourites in data-rich modern football? June 13, 2018 Attempting to identify a potential dark horse to win the World Cup is an increasingly difficult undertaking. Pre-tournament hype and the bookmakers’ odds have the likely winners as Brazil, Germany, Spain and France, who are belonging to a league of their own above the rest. After them, in the traditional dark horse category of sides [...]
Fitness advice: How to get back into a lapsed gym routine and reclaim your lost mojo June 13, 2018 If you haven’t exercised for a while, it can be difficult to get back into the swing of things. It happens all too easily: you have an intense few days at work, drink too much at the weekend, have a couple of big meals out, and suddenly your energy levels are low, you’re sleeping badly [...]
Brexit: Business chief says car industry faces extinction June 13, 2018 Parts of the UK car industry face extinction if Brexit involves leaving the EU customs union, according to the president of a leading business organisation. Paul Drechsler, who is set to retire from his role at the Confederation of British Industry (CBI) next week, said that there was “zero evidence” of independent trade deals outside [...]
EU Withdrawal Bill: PM’s spokesman suggests key clause in Dominic Grieve’s amendment is not up for discussion June 13, 2018 The Prime Minister appears to have rowed back on promises to rebel MPs yesterday that she would discuss another concession with them this week. Remainers met privately with Theresa May yesterday afternoon, minutes before voting to back the government on the EU Withdrawal Bill after it was felt the Prime Minister had made significant enough [...]
WPP faces investor backlash over Sir Martin Sorrell’s exit pay June 13, 2018 WPP has voted to reinstate chairman Roberto Quarta, despite facing a fierce shareholder revolt over the pay packet Sir Martin Sorrell received when he left the company. At the company’s annual general meeting (AGM) today, 17 per cent of shareholders voting by proxy went against Quarta’s reappointment. But a significant proportion of investors took issue [...]
Inflation holds steady in spite of rise in fuel prices June 13, 2018 Inflation held steady in May thanks to rising fuel prices, but falling price pressure in other parts of the basket used to measure inflation may give the Bank of England pause as it looks to hike interest rates. Consumer price index (CPI) inflation rose to an annual rate of 2.4 per cent in May, unchanged [...]
Credit Suisse gets $385m from bankruptcy claim against failed Lehman Brothers June 13, 2018 Credit Suisse will get $385m (£288.4m) from its claim against failed investment bank Lehman Brothers, which falls well below the $1.2bn the firm originally set out to win. The Swiss firm claimed it was owed the money from Lehman over terminated derivatives transactions following the company folding a decade ago. The payout still needs to [...]