Moncler and Desigual owner Eurazeo is in talks to buy European private equity house Idinvest January 2, 2018 Buyout activity within the private equity sector has kicked off with a bang in 2018, as Eurazeo – which owns names such as clothing brands Desigual and Moncler – revealed it is in talks to buy Idinvest. The merger of the two Paris-headquartered firms, which have each broadened their remit beyond private equity into areas [...]
The UK Space Agency kicks off search for young entrepreneurs to share their ideas on uses for satellites January 2, 2018 The government’s UK Space Agency has kicked off a search for budding space entrepreneurs to provide innovative ideas on how satellites can improve life on earth. It will offer expert advice for young people’s satellite ideas, and a share of a £50,000 prize. The SatelLife Challenge, which is in its second year, is on the [...]
Gold prices have hit a three-month high on a weaker US dollar January 2, 2018 Gold has started 2018 on a positive note as the yellow metal’s price rose to its highest in more than three months today. Gold futures rose 0.31 per cent to $1,313.30 per troy ounce this morning after breaking the psychologically important $1,300 mark on Friday. The precious metal, a safe haven asset, benefited from a [...]
Ethereum price soars to a record high while bitcoin starts 2018 on a weaker note January 2, 2018 Ethereum’s ether token started 2018 on a high today as its price shot up to a record-breaking level. The cryptocurrency’s total market capitalisation broke $84bn (£62bn) as its price climbed as high as $914.83, according to Coindesk’s aggregate index. At the time of writing, it was up 12.01 per cent at $866.21. Naeem Aslam, the [...]
Brent crude and West Texas Intermediate (WTI) oil prices hit their highest since mid-2015 as anti-government protests continue in Iran January 2, 2018 Oil prices rose to their highest level since mid-2015 today as large anti-government protests continued in Iran. Brent crude prices were up 0.22 per cent at $67.02 per barrel this morning after hitting $67.27 earlier in the day, a high not seen since May 2015. The US benchmark, West Texas Intermediate (WTI), was up 0.35 [...]
London Heathrow Airport is rolling out stricter environmental charges for airlines while cutting domestic passenger charges January 2, 2018 Heathrow Airport introducing stricter environmental charges to propel airlines to use cleaner and quieter aircraft, it said today. It is also cutting domestic passenger charges as the airport looks to fully convince airlines and MPs with its expansion plans. Environmental charges are rising seven per cent from this month, as the London airport encourages carriers [...]
Police confirm “heartbreaking” incidents as four men murdered in London in less than 24 hours over New Year’s Eve January 1, 2018 Four men were stabbed to death overnight in London, and a fifth is in a critical condition, in what police are describing as “despicable” and “heartbreaking”. The first attack, in which an 18-year-old man was stabbed, took place in Larmans Road, Enfield at 11:30am. He later died in hospital. A 20-year-old man was stabbed in [...]
Liverpool Echo Arena car park fire “to cost insurers more than £2m on car payouts alone” January 1, 2018 The New Year’s Eve fire that destroyed as many as 1,400 cars in a multi-storey car park next to Liverpool’s Echo Arena could end up costing insurers £2m at the very least, City A.M. understands. Firefighters were called to the car park at 4:42pm yesterday afternoon, but were still battling to contain the blaze, which [...]
Questions raised over Donald Trump New Year’s Eve party ethics January 1, 2018 Donald Trump saw the New Year in with a lavish bash at his Mar-a-Lago private resort – where guests were charged up to $750 for a ticket to join him. The 45th President was joined by his wife Melania and their son Barron, as well as his daughter Ivanka, her husband Jared Kushner and their [...]
Sydney plane crash: Compass Group chief executive Richard Cousins, son Will Cousins, named among six killed in New Year Eve crash January 1, 2018 Compass Group boss Richard Cousins has been named as one of six people killed in a plane crash in Sydney on New Year’s Eve. Cousins’ sons Edward and Will Cousins, his fiancee Emma Bowden and her 11-year-old daughter Heather were also killed, alongside the pilot Gareth Morgan. The tourist flight plunged into the Hawkesbury river [...]