Peer-to-peer lender Funding Circle seeks valuation of £1.8bn after IPO September 19, 2018 Peer-to-peer lending platform Funding Circle has announced a price range for its initial public offering (IPO) that could value the company at up to £1.8bn. The London-based fintech firm has set a price range of 420-530p per share, which would raise £300m. It said the offer would comprise a maximum of 71.4m shares as well [...]
Peer-to-peer lender Funding Circle seeks valuation of £1.8bn after IPO September 19, 2018 Peer-to-peer lending platform Funding Circle has announced a price range for its initial public offering (IPO) that could value the company at up to £1.8bn. The London-based fintech firm has set a price range of 420-530p per share, which would raise £300m. It said the offer would comprise a maximum of 71.4m shares as well [...]
Tesla shares plummet as Elon Musk faces criminal probe over going private comments September 18, 2018 Shares in Tesla have plummeted after the US justice department launched a criminal investigation into Elon Musk's comments regarding taking the company private. The company's share price tumbled more than 4 per cent after it emerged that federal prosecutors had opened a fraud investigation, according to Bloomberg. The probe centres on statements Musk made on Twitter [...]
Tesla shares plummet as Elon Musk faces criminal probe over going private comments September 18, 2018 Shares in Tesla have plummeted after the US justice department launched a criminal investigation into Elon Musk's comments regarding taking the company private. The company's share price tumbled more than 4 per cent after it emerged that federal prosecutors had opened a fraud investigation, according to Bloomberg. The probe centres on statements Musk made on Twitter [...]
Trump accuses China of election meddling as it hits back with tariffs on $60bn of US goods September 18, 2018 China is set to retaliate against Donald Trump's new tariffs by imposing duties on an additional $60bn (£45.6bn) of US goods. Beijing is hitting back against the US President's plans to introduce 10 per cent tariffs on $200bn of Chinese imports from 24 September. The Chinese government said it was a “forced response” and that its own 10 per [...]
Trump accuses China of election meddling as it hits back with tariffs on $60bn of US goods September 18, 2018 China is set to retaliate against Donald Trump's new tariffs by imposing duties on an additional $60bn (£45.6bn) of US goods. Beijing is hitting back against the US President's plans to introduce 10 per cent tariffs on $200bn of Chinese imports from 24 September. The Chinese government said it was a “forced response” and that its own 10 per [...]
BMW to shut Mini factory for a month after Brexit to minimise risk to production September 18, 2018 BMW will shut its Mini factory in Oxford for a month after Britain leaves the EU as it prepares for the possibility of a no-deal Brexit. The company has moved its annual summer shutdown to April, coinciding with Brexit to minimise the risk of any “short-term parts-supply” disruption in the event of a no-deal. It [...]
BMW to shut Mini factory for a month after Brexit to minimise risk to production September 18, 2018 BMW will shut its Mini factory in Oxford for a month after Britain leaves the EU as it prepares for the possibility of a no-deal Brexit. The company has moved its annual summer shutdown to April, coinciding with Brexit to minimise the risk of any “short-term parts-supply” disruption in the event of a no-deal. It [...]
BHP boss paid $8.1m but missed out on more after fatalities and production issues September 18, 2018 BHP Billiton's chief executive was paid $8.1m (£6.2m) last year but missed out on a higher increase due to fatalities at the company's mines and lower than targeted production. Andrew Mackenzie's total remuneration package for the year to the end of June, excluding shares payments, was $4.657m – an increase of $100,000 on the previous year. [...]
BHP boss paid $8.1m but missed out on more after fatalities and production issues September 18, 2018 BHP Billiton's chief executive was paid $8.1m (£6.2m) last year but missed out on a higher increase due to fatalities at the company's mines and lower than targeted production. Andrew Mackenzie's total remuneration package for the year to the end of June, excluding shares payments, was $4.657m – an increase of $100,000 on the previous year. [...]
