All we want for Christmas is… for politicians to commit to helping disabled workers December 9, 2019 As we hurtle towards the polls this week, my thoughts are turning to how disabled people can make their voices heard during an unusually festive election period (the last December General Election was in 1923). I love Christmas and the time I get to spend with my family and friends, but for many of us, [...]
Prosus hikes Just Eat bid as it ramps up pressure on rival Takeaway.com December 9, 2019 Just Eat bidder Prosus today said it has increased its takeover offer, as the tech group looks to fend off a rival bid from Takeaway.com. Prosus, which is owned by South African conglomerate Naspers, has hiked its offer from 710p per share to 740p per share. Read more: Takeaway.com slams Prosus ‘scaremondering’ in battle to [...]
Late payments: Firms wait twice as long for cash in 2019 December 9, 2019 The UK’s small and medium-sized businesses are being stretched by customers failing to pay them on time, according to a survey from business body Market Finance. Firms had to wait an average of 23 days to receive their money in 2019, the survey found, up from 12 days in 2018. Read more: Government proposes measures [...]
Watch Tesla boss Elon Musk take his Cybertruck out for a spin December 9, 2019 Outspoken Tesla boss Elon Musk has yet again used his celebrity status to promote his latest product, taking the controversial Cybertruck out for a night on the town in Malibu. The eccentric billionaire, who was last week cleared of defamation for calling a British cave diver a “pedo guy” on Twitter, arrived at paparazzi hotspot [...]
What’s driving capital market developments in South Africa and Namibia? December 9, 2019 | City Talk CFA Institute has examined Africa’s 10 largest capital markets in a major report compiled by Heidi Raubenheimer, CFA, our senior director for journal publications. Here we highlight key developments in different countries, starting with neighbours South Africa and Namibia. South Africa: Johannesburg Stock Exchange facing competition South Africa – the second-largest economy in Africa after Nigeria [...]
Jo Swinson admits revoking Article 50 ‘doesn’t look likely’ as Lib Dems unveil second ref plan December 9, 2019 Liberal Democrat leader Jo Swinson has admitted the best chance of stopping Brexit is through a second referendum rather than pursuing the party’s divisive policy of revoking Article 50. Read more: Jo Swinson confronts Extinction Rebellion protesters glued to Lib Dem bus This morning the party unveiled plans for “ready-to-go” legislation for a second referendum [...]
World’s largest whisky collection expected to fetch £8m at auction December 9, 2019 Auctioneers have unveiled what is believed to be the world’s largest private collection of whisky to ever go under the hammer. The collection, which is expected to fetch between £7m and £8m at auction, includes over 3,900 bottles. Read more: South African drinkers get their whisky fix with post-Brexit trade deal It was built up [...]
Global oil prices fall as Chinese exports shink again in November December 9, 2019 Oil prices fell this morning, after China’s exports of goods and services shrank for the fourth month in a row. Brent futures were down 0.5 per cent, at $64.03 per barrel, after gaining about three per cent last week after news that OPEC and allies would increase output cuts. Read more: Oil prices soar ahead [...]
Tesco leads FTSE 100 risers as it weighs up Asia sale December 9, 2019 Shares in Tesco rose more than five per cent in early trading today, as investors welcomed reports that the company is exploring a sale of its Asian businesses. The supermarket giant has confirmed that it will launch a strategic review of options for its businesses in Thailand and Malaysia, including a potential sale. Read more: [...]
Election 2019: Boris Johnson raises red flag over Heathrow and HS2 December 9, 2019 Boris Johnson appeared to raise a red flag over major infrastructure projects including the expansion of Heathrow and HS2. Read more: Former Ofcom boss to advise on Heathrow terminal monopoly probe The Prime Minister, who broke off from campaigning in the north of England to speak to LBC radio, said that while he wasn’t “temperamentally [...]