Green deodorant firm raises million-plus growth fund November 2, 2020 An eco-friendly deodorant has raised millions in seed funding in a round including Jam Jar Investments. Wild, a refillable plastic-free deodorant, was founded in 2019 by former Hello Fresh Marketing Director Freddy Ward and co-boss Charlie Bowes-Lyon. Read more: Get all the news on the US Election and what it means for markets Much of [...]
PwC to take over from KPMG as M&G’s external auditor November 2, 2020 PwC is set to take over from KPMG as M&G's external auditor.
Softbank Vision Fund dealt another blow with boardroom exodus November 2, 2020 After a year of hefty losses, Softbank is now dealing with an exodus of executives at its $100bn Vision Fund. The Japanese conglomerate plunged to its worst ever annual performance in March after recording a huge $18bn loss for the Vision Fund. It bounced back in August after strong performances by its tech investments. Softbank [...]
Boris Johnson doubles support for self-employed during new lockdown November 2, 2020 Prime Minister Boris Johnson has announced a doubling of support for the self-employed during England’s new coronavirus lockdown and an extension of the deadline for government-backed business loans. Johnson addressed the House of Commons this afternoon after announcing a month-long lockdown on Saturday. MPs will vote on the new measures on Wednesday, with both Labour [...]
AJ Bell launches first sustainable fund of ETFs November 2, 2020 Investment platform AJ Bell has launched its first sustainable fund investing in “responsibly screened” ETFs . The AJ Bell Responsible Growth Fund will invest in ETFs which remove stocks from controversial companies such as tobacco or alcohol. Any firm that breaches the UN Global Compact, which implements sustainable principles, will also be excluded. “Once these [...]
Sport rights set for devaluation as the industry reaches its Napster moment November 2, 2020 Alongside all the other ways Covid has disrupted our economy and lives, it might be set to have a dramatic impact on the value of sport rights. Some 83 per cent of executives, representing 4bn sports fans globally, believe that media rights have reached a high-water mark, a recent Seven League study found. These executives [...]
Trader convicted of rigging Libor to be released from prison in January November 2, 2020 Tom Hayes, a former UBS and Citigroup trader convicted of rigging the Libor benchmark, is to be released from prison in January after more than five years. Hayes, who was convicted of rigging the London interbank offered rate (or Libor) in 2015, will be released on 29 January, according to his lawyer. The 41-year-old has [...]
Donald Trump and Joe Biden blitz battleground states in final day of US election campaign November 2, 2020 WASHINGTON, D.C. -Donald Trump and Joe Biden will make one final push in key battleground states today just 24 hours out from US election day. Biden will be concentrating most of his efforts on the state of Pennsylvania, starting in Beaver County in the state’s west and ending with the former Vice President holding a [...]
Ex-Linklaters chairman returns to Monckton Chambers November 2, 2020 Ex-chairman of 'Magic Circle' firm Linklaters Sir Christopher Bellamy QC has returned to Monckton Chambers.
October saw second highest ever month for ‘mega deals’ November 2, 2020 October was a bumper month for mergers and acquisition activity, with the second-highest monthly tally of “mega deals” on record. Nineteen mega deals – worth $5bn or more – were announced last month, a monthly tally exceeded only once, in May 2007, according to data from Refinitiv. Since 1 January, 93 mega deals have been [...]