AB InBev to list on Johannesburg Stock Exchange as mega-brew deal with SabMiller nears completion December 14, 2015 Belgian-based brewer Anheuser-Busch InBev has received the green light to list on the Johannesburg Stock Exchange ahead of its merger with SabMiller. The firm said the move demonstrated its "commitment" to South Africa and the continent as a whole "which will be a critical driver of future growth for the company" after the merger. Once listed, AB InBev's ordinary [...]
From Tesco’s share price and Donald Trump’s hot air to property prices spiralling out of control: Here’s what got us talking this week December 11, 2015 The most expensive car of the year sold for a cool £18m. The shadow City minister played hard to get.. And we remembered all sorts of things about the last 12 months. Here's What Got us Talking 1) You're probably not working at one of the best companies in the UK And, seeing as it's [...]
Shopping in London: This weekend is going to be the busiest day in the West End for Christmas present buying December 11, 2015 Planning to go shopping in London this weekend? You're not the only one. In fact, retailers in the West End are preparing themselves for the busiest Christmas gift-buying weekend of the year. Shoppers are expected to spend £120m in the next two days – comparable to the £200m spent over the three days of Black [...]
Missing Fosun founder and chief exective Guo Guangchang assisting mainland China authorities December 11, 2015 Missing Chinese billionaire Guo Guangchang is "assisting authorities with an investigation", according to Fosun International, the company he founded. The tycoon – who has been described as China's Warren Buffet – has been detained by mainland police, the firm said in a statement. He will still be able to take part in major decisions through "appropriate [...]
Volkswagen sales fall 2.4 per cent in November as emissions scandal hurts brand December 11, 2015 Volkswagen is starting to feel the effects of the emission scandal on its bottom line: sales in November slipped 2.4 per cent on the back of ongoing fears over the car giant's manipulation of data. The German manufacturer put much of the decline down to especially tough markets in Brazil and Russia, where sales slumped [...]
Morocco issues arrest warrant for Paris attacks suspect Salah Abdeslam December 11, 2015 Moroccan authorities have issued an arrest warrant for a man thought to be behind the Paris attacks last month, in which 130 people were killed. Salah Abdeslam is thought to have fled to Morocco or another part of North Africa. The arrest warrant was issued last month, just days after the man went on the run [...]
Cashless society: Why businesses need to wake up to the rise of the digital future December 11, 2015 The news that card and electronic transactions have overtaken cash as the UK’s preferred method of payment is a watershed moment for the nation’s businesses. As people increasingly choose their digital wallet over their leather one, any company, no matter what their size or sector, must get ready for a cashless future that is [...]
Death of cash: What does a cashless society mean for your children? December 11, 2015 Within a generation terms like cheque book and piggy bank may sound as archaic to young people as the threepenny bit and halfpenny are now. From mobile payments to bitcoin, money is constantly evolving. Last month the UK Payments Council revealed that for the first time ever, non-cash payments had overtaken cash payments in [...]
Man shot and killed during “intelligence-led” police operation in north London, police confirm it was not related to terrorism December 11, 2015 The man who was shot during a police operation in north London this morning has died. The Metropolitan Police carried out an "intelligence-led operation" in Bracknell Close, Wood Green, N22 this morning, with armed officers in attendance. Police have said the operation was "not related to terrorism". At around 9am, the man – who has not yet been [...]
Standard Chartered’s share price rises as Asia-focused bank raises £3.3bn in rights issue December 11, 2015 Standard Chartered has raised £3.3bn through a rights issue of new stock, as part of ongoing efforts to bolster the bank's bottom line. Under new chief executive Bill Winters, the Asia-focused lender set out its plans to shore up the struggling firm last month. Other measures include reducing the global bank's headcount by 15,000. Today StanChart [...]
