Uber boss Travis Kalanick says IPO is not on the near-term agenda March 28, 2016 Uber's chief executive Travis Kalanick has stated there are no plans to float the company on the stock market in the near future. The ride-hailing app firm's boss and co-founder told CNBC that he is "going to make sure [an IPO] happens as late as possible", adding that a flotation is definitely not going to happen [...]
Despite recent terrorist attacks in Brussels the world is a lot safer than it has been in the past March 24, 2016 In times like these, it is easy to become downhearted by global events. Another horrific and appalling terrorist attack in Europe has caused many of us to feel that we live in an increasingly violent and turbulent world. Looking at the data, it is true that Islamist-related conflict has prompted a rise in the global [...]
City Moves for 24 March 2016 | Who’s switching jobs March 24, 2016 Close Brothers Asset Management Close Brothers Asset Management (CBAM) has appointed family lawyer Josephine Fay to its business development Team to strengthen its proposition for lawyers and their clients in the UK. She joins from Farrer & Co LLP. Josephine will be reporting into recently appointed Shirley Coe, director of the business development team, and [...]
Shares in African budget airline Fastjet closed down over 10 per cent yesterday following EasyJet owner’s warning letter March 24, 2016 Fastjet's share price plunged yesterday, dropping by 10.95 per cent to close at 30.50p. The stock dipped on the first day of trading since Easy Group owner Sir Stelios Haji-Ioannou sent a letter to the African budget airline, threatening legal action over a series of alleged licence breaches. Easy Group – parent company of EasyJet – [...]
Sky Sports strikes five year deal to become the ‘exclusive’ home of Formula 1 March 23, 2016 Sky Sports has agreed a new broadcast deal with Formula One Management to become the exclusive home of Formula 1 in the UK and Ireland from 2019 to 2024. It has also picked up the free-to-air rights for the F1 British Grand Prix from Channel 4, and will show the races on one of its [...]
Tube strike 2016: Ride hailing app Uber says it will expand car sharing option UberPool during Piccadilly Line strike tonight and tomorrow March 23, 2016 Uber said it will expand its car sharing option UberPool to cover the entire length of the Piccadilly Line if the strike planned for this evening and tomorrow goes ahead. The coverage area will be expanded from Cockfosters to both Heathrow and Uxbridge from 9pm tonight until 7am on Friday. UberPool is currently only available for trips beginning in [...]
Brussels attacks: Europe must show iron-strong resolve in the face of terrorism March 23, 2016 Crowds run for safety, though they can’t be sure where to find it. Survivors emerge, shocked and injured. An aftermath unfolds: emergency vehicles, the wounded treated on the streets, a confused public marshalled by frantic officials. It seems we witness these scenes – these hallmarks of horror – with increasing regularity. Yesterday morning, Brussels became [...]
Cadbury has Creme Egg over its face after recipe change March 23, 2016 When a favourite treat has a “new, improved recipe” there is always a tendency to believe that the manufacturer has simply found a way of making it more cheaply. As a result, consumers often get turned off. With Easter approaching, it’s time to see how this syndrome has affected one of the nation’s most-loved treats [...]
City Moves for 23 March 2016 | Who’s switching jobs March 23, 2016 The Asset Based Finance Association The Asset Based Finance Association (ABFA), the body representing the asset-based finance industry in the UK and the Republic of Ireland, has announced the appointment of Martin Cooper as its new chair. Martin is senior vice president of operations at Firstsource, a business process management provider to organisations in the [...]
Terror in the heart of Europe: British security services on high alert after double attacks in Brussels March 22, 2016 British security services are on high alert after Brussels was hit by what are thought to be double suicide attacks, leaving at least 31 people dead. Police believe at least 11 people were killed in two explosions at Zaventem Airport. A further 80 people are thought to have been wounded in the blast. Belgian media reported that [...]
