Sir Howard Davies appointment as RBS director pushed back due to UK Airports Commission June 22, 2015 RBS has said Sir Howard Davies' appointment as a director will be subject to a "short delay" due to his commitment to the Airports Commission, until its final report is published. It had previously been expected that Davies, who is due to become the bank's chairman in September 2015, would've become a non-executive director tomorrow to coincide with the bank's [...]
Twitter rules out Jack Dorsey as permanent CEO kicking off formal search for new boss June 22, 2015 Twitter has announced that it is formally searching for its new chief executive to replace Dick Costolo, who is standing down at the beginning of next month. Co-founder Jack Dorsey has been named interim chief executive of the social media giant. However, in a statement, the firm said it has established a search committee in [...]
Companies House has launched its free digital data service June 22, 2015 Companies House, the UK registrar of companies, today announced the launch of its public beta search service allowing users to access all of its digital data free of charge. This means users will be able to access over 170m digital records on companies and directors including financial accounts, company filings and details on directors and secretaries. Read [...]
Spire Healthcare share price rises after it selling stake to South Africa’s Mediclinic June 22, 2015 Spire Healthcare shares rose 9.4 per cent to 350 pence per share today, propelling it to the top of the FTSE 250, after South African rival Mediclinic bought a stake in the private health firm from private equity firm Cinven. Remgro, a major shareholder of South Africa's Mediclinic, bought a 29.9 per cent stake from Cinven for 360 pence [...]
Ryanair flight FR7322 to Alicante declares emergency and lands in Paris June 22, 2015 Ryanair flight FR3722 from Frankfurt in Germany to Alicante in Spain has landed in Paris after declaring an emergency. According to AirLive.net, the Boeing 737-8AS turned after being in the air for only a short while. The flight left from Frankfurt-Hahn international airport just under an hour ago and was scheduled to arrive in [...]
Thorntons share price soars 43 per cent after Ferrero spoils it in £112m takeover deal June 22, 2015 Thorntons shareholders clearly think Ferrero is spoiling them – the British chocolate business' share price has soared more than 43 per cent this morning on the back of a £112m deal. Ferrero's parent company Ferholding has confirmed it has bought 29.9 per cent of the troubled chocolatier for 145p per share – a 43 [...]
Here’s how Royal Mail wants to turn itself around: Targeted junk mail based on your online shopping June 22, 2015 It hasn't been an easy few months for Royal Mail since it went public – but now the company has a secret weapon: targeted junk mail based on your online shopping habits. The company has already begun a "secret pilot" with a large UK retailer, the Daily Mail reported, with mail sent to households if they so much [...]
Taylor Swift 1; Apple 0: Tech giant backs down over payment policy after Shake It Off singer threatens to block album June 22, 2015 Apple Music has backed down on its payment policy a day after singer Taylor Swift said she would refuse to let the tech giant stream her album 1989. The Shake It Off singer had written an open letter to the company saying she would withhold her record in light of plans to offer a [...]
Afren seeks investor support for refinancing agreement through new microsite as share price stagnates June 22, 2015 Troubled oil firm Afren has set up a microsite to gain support from shareholders for its controversial refinancing of its debt in March. The site features videos with management, the refinancing prospectus, FAQs and other material related to the vote. The Nigeria-focused business agreed a $300m debt-for-equity deal after defaulting on its $15m [...]
Borealis Infrastructure putting together new Severn Trent bid June 21, 2015 Canada’s Borealis Infrastructure is in the early stages of launching a takeover bid for British utility firm Severn Trent. The investment vehicle previously bid for the FTSE 100 water company in May 2013, as part of the LongRiver Partners consortium which also included the Kuwait Investment Office and UK pension fund the Universities Superannuation Scheme. [...]