Fearless girl statue who faced down Wall Street bull comes to London Stock Exchange March 6, 2019 The “fearless girl” statue, which was was installed on Wall Street in 2017 facing down the statue of a charging bull, has come to London to mark international women’s day. The bronze statue was installed today in Paternoster Square against the backdrop of St Paul’s Cathedral and adjacent to the London Stock Exchange. Read more: High-earning [...]
Uber avoids criminal liability following fatal self-driving car collision March 6, 2019 Uber has been cleared of liability by a US court after one of its self-driving cars struck and killed a pedestrian in Arizona in March. A letter from the Yavapai County attorney, made public today, said there was “no basis for criminal liability” for Uber, but that the back-up driver, Rafaela Vasquez, should be referred [...]
Insurer Phoenix on the hunt for deals after strong results March 5, 2019 The boss of newly promoted FTSE 100 insurance company Phoenix said today he was keen to do further transactions following the £3bn purchase of Standard Life Assurance last year. Phoenix chief executive Clive Bannister said: “We are open for business and very keen to do our next transaction but they do tend to be quite [...]
Aon confirms interest in multi-billion tie-up with Willis Towers Watson March 5, 2019 Aon confirmed today it is weighing up a bid for Willis Towers Watson in what could be the insurance sector’s largest-ever merger. Willis Towers Watson’s shares had jumped to an all-time high after Bloomberg reported Aon was mulling a move for the Nasdaq-listed business. Aon later confirmed that it was in the early stages of [...]
Let it all hang out: Goldman Sachs scraps office dress code March 5, 2019 Goldman Sachs said today that it is relaxing its employee dress code to reflect the “more casual environment” of the modern workplace. In a memo from new chief executive David Solomon, who also DJs under the name D-Sol, the bank announced its new “firm wide flexible dress code” turning its back on the traditional banker [...]
Counter terror police investigating explosive devices at Waterloo Station, Heathrow Airport and City Airport March 5, 2019 Counter terrorism police are investigating after explosive devices were found at Waterloo Station, Heathrow Airport and City Airport today. The Met Police counter terrorism command said it was treating the incidents as linked. Packages containing what police said were “small improvised explosive devices” arrived at the three locations this morning. The packages were A4-sized white [...]
Philip Morris cuts forecasts after CA$15bn court ruling March 4, 2019 Marlboro-maker Philip Morris International cut its full-year guidance yesterday after a Canadian court last week turned down an appeal against a CA$15.6bn (£8.9bn) award to smokers to compensate for health problems. The Canadian Court of Appeal last week ruled against Philip Morris subsidiary Rothmans, Benson & Hedges (RBH), alongside Imperial Tobacco Canada and JTI-Macdonald, confirming [...]
Nasdaq improves offer for Norwegian stock exchange Oslo Bors as bidding battle intensifies March 4, 2019 Nasdaq has boosted its offer for Norwegian stock exchange Oslo Bors as it seeks to outbid rival Euronext. The US exchange said today it had increased its offer from 152 Norwegian kroner to 158 Norwegian kroner, valuing the business at roughly 6.8bn Norwegian krone (£600m). The move matches an offer from European rival Euronext which [...]
Space X Dragon capsule successfully docks with International Space Station March 3, 2019 A capsule launched by Elon Musk’s Space X successfully docked with the International Space Station (ISS) today as part of its demonstration mission. The Dragon vehicle made the attachment autonomously having launched on Saturday from Kennedy Space Center in Florida. The 4.9 metre tall capsule contained a dummy called Ripley and 90kg of supplies. It [...]
Huawei exec Meng Wanzhou sues Canadian authorities over detention March 3, 2019 Senior Huawei executive Meng Wanzhou is suing Canadian authorities for illegally holding her and interrogating her for three hours before her arrest at Vancouver International Airport in December. The chief financial officer of the Chinese telecoms giant is facing extradition to the US to face accusations of sanctions busting. The lawsuit, filed on Friday according [...]
