Wow Air cancels flights amid breakdown in takeover talks March 25, 2019 Budget airline Wow Air has cancelled flights this morning as its fate hangs in the balance. A flight from Gatwick to the Icelandic capital Reykjavik, where the airline is based, has been cancelled, the Independent reported this morning. Wow Air is struggling to stay afloat after an acquisition bid by US private equity firm Indigo Partners fell [...]
ASOS and Bonmarche in share price collapse March 25, 2019 | City Talk By Graeme Evans from interactive investor. Investors in these two high-profile retailers ran for the hills following the latest trading updates. While ASOS (LSE:ASC) and Bonmarche (LSE:BON) operate in two very different retail worlds, the pair have plenty in common from an investor viewpoint after their December profit warnings were followed by more disappointment last [...]
‘Fat finger’ causes share drop at LVMH Moet Hennessy Louis Vuitton March 25, 2019 Luxury fashion house LVMH Moet Hennessy Louis Vuitton suffered a shock dip in its share price early this morning, with investors suspecting a computer slip-up known as the ‘fat finger’ for the drop. LVMH’s share price sunk to its lowest levels in more than a month at the opening bell, tumbling almost nine per cent. [...]
Wood Group shares tumble after $38m sale of non-core business Terra Nova March 25, 2019 Shares in energy services firm Wood Group have tumbled five per cent after it agreed to sell one of its non-core businesses for $38m (£28.8m). The FTSE 250 giant confirmed the sale of conveyor systems business Terra Nova Technologies to engineering group Murray & Roberts. Read more: Wood Group slashes losses as merger drives contract [...]
Level up your staff by using games and gamification in the workplace March 25, 2019 Many assume that video games and board games are just a form of entertainment. But what if you could use the psychology behind these games to motivate people? This process is called gamification, and it’s the driving force behind a new industry, with applications ranging from improving health to helping employees adopt a new corporate [...]
Kodak shows how to compete with startups if you’re a heritage brand March 25, 2019 The digitalisation of our world has given with one hand and taken away with the other. It has created opportunities for new companies, and made household names such as Amstrad computers and Woolworths entirely redundant. Technological advancements have facilitated the emergence of startups that thrive on disrupting traditional business models. However, the decline of established [...]
Social media content creators The Hook explain how to make great online video March 25, 2019 Video is big business in marketing. A good video can be the difference between success and failure. After all, as Bill Gates said, content is king. Brands love video content because it is seen as more intimate and informative than just posting a picture or a wall of text. And they’ve been spending more and [...]
German business confidence grows for first time in six months, pushing up Dax stock index March 25, 2019 Confidence among German business leaders has improved for the first time in six months, pushing the country’s Dax stock index up 0.45 per cent since the news was announced. However, in manufacturing business sentiment weakened once again amid declining demand, the Ifo Institute’s monthly Business Climate Index revealed. Read more: European stocks open down as markets [...]
Debenhams shares fluctuate after Sports Direct’s Mike Ashley brands restructuring plan ‘unworkable’ March 25, 2019 Shares in Debenhams suffered from volatility this morning after Sports Direct owner Mike Ashley branded the troubled department store’s rescue plan "unworkable". Read more: Debenhams flags 'obvious concerns' with Ashley's £100m CEO bid Shares in the troubled high street giant dropped 24.5 per cent from 1.59p to 1.2p before rising to stand eight per cent [...]
Boris Johnson accuses Theresa May of ‘bottling’ Brexit in rallying cry for no deal March 25, 2019 Boris Johnson has called on Theresa May to “channel the spirit of Moses” and urge the EU to “let her people go” as he advocated for a no-deal Brexit. Read more: Brexit live: Ministers deny May under pressure to resign The politician accused the Prime Minister of having “bottled it completely” after she chose to [...]