UK investor relations firm expands with US acquisition to target “more global and more outspoken and demanding” shareholders May 11, 2016 London-based investor relations firm Sodali has announced the acquisition of a US counterpart, Morrow. The merged entity, Morrow Sodali Global, is now better positioned to target "more global and more outspoken and demanding" shareholders. The company said its deal would create the "largest independent corporate governance, proxy solicitation, investor relations, capital markets and shareholder services firm in [...]
SpaceX Dragon cargo capsule returns to planet Earth containing results and cargo from International Space Station May 11, 2016 A SpaceX Dragon capsule splashed down in the Pacific Ocean on Wednesday, containing experiment results and cargo from the International Space Station (ISS). The returned capsule is the first to make it safely back to Earth since a launch accident in June 2015 in which another Dragon capsule was destroyed. SpaceX, founded by billionaire Elon Musk, resumed [...]
Former polymer banknote manufacturer manager convicted on corruption-based charges May 11, 2016 On the eve of Prime Minister David Cameron's anti-corruption summit, the fraud squad had a reason to celebrate – securing a conviction on corruption-based charges. Peter Chapman, 54, a former manager of polymer banknote manufacturer Innovia Securency PTY, was convicted today on four counts of making corrupt payments to a foreign official, although he was [...]
London Stock Exchange chief pauses merger negotiations for Hollywood visit May 11, 2016 The London Stock Exchange’s chief executive, Xavier Rolet, took some time out from his busy schedule organising a merger with Deutsche Boerse on Wednesday morning to entertain a Hollywood star. Homeland star Damian Lewis opened the London Stock Exchange to mark the premiere of his new financial drama, Billions. Read more: Michael O'Leary says cyclists should be "shot" ahead [...]
Culture secretary: I have no ambition to become the BBC fat controller May 11, 2016 Culture secretary John Whittingdale has assured MPs he has “no wish to hobble the BBC”. The government is due to publish a white paper setting out terms of the corporation’s next royal charter tomorrow. Yesterday in parliament, MPs quizzed Whittingdale on what might be included in the white paper amid concerns that it could weaken the [...]
Culture secretary reassures MPs he has “no wish to hobble the BBC” ahead of white paper May 11, 2016 NULL
Worldpay set to team up with accountancy software firms May 11, 2016 Payments processor Worldpay is set to team up with some of the UK’s largest accountancy software firms as it continues to move towards serving small and medium-sized businesses. Worldpay yesterday unveiled a tablet-based till to further its push into the SME market and is in talks with accountancy software companies over potential tie-ups that would [...]
Fast food chain Wendy’s warns over forthcoming sales growth May 11, 2016 US fast food chain Wendy’s has posted better-than-expected results for its first quarter, though it warned that sales growth will struggle in the coming three months. For the quarter, Wendy’s posted a profit of $25.4m (£17.5m), down from a year-earlier profit of $27.5m. Revenue slipped 16 per cent to $378.8m, mostly down to the sale [...]