After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Greybull Capital: Investment firm plans to make former Tata Scunthorpe plant one of the world’s leading steelmaking centres April 17, 2016 One of the three bosses at Greybull Capital, Marc Meyohas, has pledged to put the ailing Scunthorpe steel plant "back on the map as one of the world's leading steelmaking centres". The London-based investment firm bought the Scunthorpe works from Tata Steel last Monday as part of a wider purchase of Tata's European Long Products business. Greybull first entered [...]
Doha oil production freeze talks end with no agreement, investors watch for movement in the oil price April 17, 2016 Talks between oil cartel Opec and non-Opec countries in Doha to try and reach a deal on an oil production freeze have ended without agreement, potentially risking a renewed price rout. Ministers have confirmed to reporters in the Qatar capital that more time and consultation is needed before a production freeze can be enacted. Officials from Opec (the Organization of the [...]
Round two of shareholder spring? Centrica, Anglo American and HSBC Holdings all set for annual general meetings this week against background of grumbles from investors April 17, 2016 Three major household names are all set to test the sentiment of shareholders as they gather for their annual general meetings (AGM) this week. British Gas parent company Centrica will meet tomorrow, while miner Anglo American will host its AGM on Thursday. Bank HSBC will meet on Friday. Last Thursday, an unprecedented 59.29 per cent of [...]
The Queen backs Europe(an Refrigeration): Essex-based cooling solutions supplier gets a royal warrant April 17, 2016 News reaches The Capitalist that, contrary to past reports, HRH Queen Elizabeth II has shown support for Europe. Well, European regulations on white goods, anyway. European Refrigeration, a family-run commercial supplier of fridges and air conditioning equipment in Essex, has received the seal of approval from the most prestigious of customers and has been granted a royal [...]
Brazil’s President Rousseff under pressure as historic impeachment vote kicks off April 17, 2016 Brazil's President Dilma Rousseff was under pressure this evening, as a historic impeachment vote kicked off. The country's lower congress must decide whether Rousseff should face an impeachment trial on charges of manipulating budgetary accounts. If 342 of the lower congress' 513 lawmakers vote for the impeachment, then the proceedings will move to the senate. Here a separate vote could [...]
AstraZeneca to join the bid battle for US cancer specialist Medivation April 17, 2016 AstraZeneca is mulling a takeover bid for US prostate cancer specialist Medivation, in a deal that could be worth more than $10bn (£7bn). The FTSE 100 drugmaker has been eyeing the California-based firm for around six months and is looking very closely at making a formal approach, according to sources cited by The Sunday Times. [...]
Private equity firm Livingbridge gobbles up a stake in biscuit firm Thomas J Fudge’s April 17, 2016 Private equity firm Livingbridge has taken a bite out of luxury biscuit maker Thomas J Fudge's, marking the end of 100 years of family ownership. Livingbridge is thought to have snapped up a controlling stake in the company in a multi-million pound deal, although the exact value was not disclosed. Thomas J Fudge's was founded [...]
Megabrew latest: Gains in AB InBev share price have piqued investor interest, but could force the company to restructure after SABMiller takeover April 17, 2016 An upswing in the share price of the world's largest brewer, Anheuser-Busch InBev, could force a change in the terms of its "megabrew" takeover of British drinks giant SABMiller. Since the megabrew deal was agreed last October for £71bn, shares in AB InBev have risen more than 12 per cent and reduced the appeal of [...]
It’s the end of totally pointless road signs on Britain’s roads and it could save millions of pounds April 17, 2016 Drivers rejoice – road signs are about to become a lot less confusing. If you've ever felt that there are simply too many notices on the roads telling you what's what and what to do, that's all about to change. In what many may agree is a win for "common sense", no longer will signs [...]
Is roller disco the new hot fitness trend? Pop-up roller disco workouts are coming to Canary Wharf April 17, 2016 Get your skates on. We've seen pop-up yoga, Crossfit and Zumba, but now roller disco is tipped to be the financial district's latest fitness craze. Canary Wharf will become the UK's roller disco capital on Friday, as popup firm BUMP sets up shop in the Docklands for a week of skating classes. Londoners can show off [...]