Aim-listed Science in Sport’s share price up almost a quarter on nutrition agreement with USA Cycling August 3, 2016 Aim-listed Science in Sport's share price popped 24 per cent today on the news it will become the official fitness nutrition suppler to USA Cycling. The cycling organisation, which is the governing body for all disciplines of competitive cycling in the US, has signed a supply agreement running until 31 December 2017. Science in Sport recently [...]
Time Warner joins the streaming club as it takes 10 per cent stake in Hulu August 3, 2016 HBO and Warner Bros owner Time Warner has bought a 10 per cent stake in the TV streaming service Hulu and lifted its profit forecast after reporting higher-than-expected quarterly earnings today. Time Warner's Turner arm has also signed a separate affiliate agreement for its full suite of networks to be carried on Hulu's live-streaming service, which [...]
Jeremy Corbyn ramps up calls for railway renationalisation and for government to take over Southern Rail franchise August 3, 2016 Labour leader Jeremy Corbyn will today ramp up his pledge to renationalise the UK’s railways. At a public rally in Brighton, one of the cities worst hit by the Southern Rail crisis, Corbyn will call on the government to end the franchise and reiterate the Labour Party’s commitment to a nationalised “People’s Railway”. “If there’s [...]
Fenchurch Street Station evacuated following reports of man with knife on c2c Rail train August 2, 2016 Fenchurch Street Station was evacuated during rush hour this evening, disrupting hundreds of commuters' journeys from the central London terminus. British Transport Police officers were called to the station at 6.37pm "following reports of a robbery on board a train". Armed police then evacuated the station and carried out a full search of the train, which had [...]
This is how much hosting the Olympics boosts a country’s stock market on average August 2, 2016 Brazil is set to reap a 25 per cent stock market boost from hosting this year’s Olympics in Rio de Janeiro, if the experience of past hosts is anything to go by. One year after organising the games, the last six host countries of Spain, the US, Australia, Greece, China and the UK registered an average increase of [...]
GVC Holdings shares pop to 11-year high on refinancing deal with Nomura August 2, 2016 GVC Holdings' stock popped to an 11-year high today after the gaming group announced it will save €43m (£36m) a year in a refinancing deal. The online gaming company, which owns Sportingbet and took over Bwin in February, has agreed a €250m loan with Nomura to replace its existing loan with Cerberus Business Finance, less than one year after [...]
Banks risk a visit from the ghosts of the past August 2, 2016 In the wake of the financial crisis, the public wanted to see banking bosses held to account and a regulatory system introduced which would ensure the banks' near collapse could not happen again. As part of this overhaul, banks have had to bolster their capital buffers and undergo stress tests. Last Friday, the European Banking Authority [...]
Anticipation of $20bn Microsoft bond to finance LinkedIn deal drives up US Treasury yields August 1, 2016 US Treasury yields rose today in anticipation of a $19.75bn (£14.93bn) bond offering from Microsoft to finance its takeover of LinkedIn. The tech giant is expected to imminently launch the seven-tranche US dollar bond. Orders for the bond have reached more than $30bn, while 30-year yields hit a session high today of 2.244 per cent, Reuters reported. Yields [...]
Byron latest: High Holborn branch targeted by protesters following immigration claims August 1, 2016 Protesters have gathered outside Byron Hamburgers' restaurant on High Holborn three days after demonstrators released cockroaches and other insects in the branch. More than two thousand people had said on Facebook they would attend the protest at the High Holborn branch. It has been arranged in response to widespread claims that Byron acted in conjunction with [...]
Megabrew: AB InBev and SABMiller expect to seal the deal in October August 1, 2016 Anheuser-Busch InBev's £79bn takeover of SABMiller is expected to complete on 10 October, the companies said in a statement today. The brewers unveiled the agreed, expected timetable for the merger following the satisfaction of the pre-conditions, which were completed on 29 July after getting the all-clear from Chinese authorities. It is the first time a closing date has been given [...]
