Amazon nets Champions League rights with German streaming deal December 10, 2019 Amazon has made its first move into European football streaming after snapping up the rights to show a package of Champions League games in Germany. The US retail giant today said it has secured exclusive rights to broadcast Tuesday night fixtures in the country for the 2021-2022 season. Read more: Amazon steps into Premier League [...]
Kantar boss to step down after London knife attack December 10, 2019 Kantar chief executive Eric Salama is set to step down from the top job next year, citing “personal priorities” after he was stabbed in an attack in west London in January. The data and consultancy business today announced that Salama, who has run the firm for 17 years, will step aside in 2020 following a [...]
Watchdog gives green light for Ovo Energy’s £500m SSE deal December 10, 2019 The competition watchdog has given the green light to Ovo Energy’s £500m takeover of rival supplier SSE’s retail arm. In a statement this morning the Competition and Markets Authority (CMA) said the deal, which will create the UK’s second-largest energy supplier, would not harm competition. Read more: SSE sells energy services business to Ovo in [...]
Sorrell’s S4 Capital appoints two new directors as it turns focus to Asia December 10, 2019 Sir Martin Sorrell’s digital ad firm S4 Capital has appointed two new directors to its board as it turns its focus to Asia. S4 today announced that Naoko Okumoto and Margaret Ma Connolly will join as non-executive directors with immediate effect. Read more: Martin Sorrell’s S4 Capital boosts revenue and profit The appointments mean that [...]
London 5G rollout ‘at risk’ as boroughs lack strategy and funding December 10, 2019 The rollout of next-generation 5G networks in London could be under threat due to a lack of preparation by local authorities, a new report has warned. While major mobile networks have launched 5G in the capital and other major UK cities, London boroughs remained “far from ready” to support the new technology, it warned. Read [...]
Takeaway hits back at Prosus’s ‘derisory’ bid for Just Eat December 9, 2019 Takeaway.com has fired back at rival Just Eat bidder Prosus, saying its increased takeover offer “remained derisory”. Prosus this morning announced that it has hiked its offer from 710p per share to 740p per share, valuing Just Eat at roughly £5.1bn. Read more: Prosus hikes Just Eat bid as it ramps up pressure on rival [...]
Prosus hikes Just Eat bid as it ramps up pressure on rival Takeaway.com December 9, 2019 Just Eat bidder Prosus today said it has increased its takeover offer, as the tech group looks to fend off a rival bid from Takeaway.com. Prosus, which is owned by South African conglomerate Naspers, has hiked its offer from 710p per share to 740p per share. Read more: Takeaway.com slams Prosus ‘scaremondering’ in battle to [...]
Tesco leads FTSE 100 risers as it weighs up Asia sale December 9, 2019 Shares in Tesco rose more than five per cent in early trading today, as investors welcomed reports that the company is exploring a sale of its Asian businesses. The supermarket giant has confirmed that it will launch a strategic review of options for its businesses in Thailand and Malaysia, including a potential sale. Read more: [...]
Angling Direct expansion continues as it reels in record Black Friday sales December 9, 2019 Fishing giant Angling Direct hailed a record period of trading over the Black Friday week as savvy discounting helped drive up profit. Read more: Angling Direct records 21 per cent rise in H1 sales The retailer reported an 11.3 per cent rise in sales to £1.86m between 25 November and 2 December, with Black Friday [...]
China hopes to secure trade deal with US ‘as soon as possible’ December 9, 2019 China said it hopes to secure a trade deal with the US “as soon as possible”, raising hopes of a breakthrough ahead of a fresh round of intense negotiations this week. Assistant Commerce Minister Ren Hongbin told reporters this morning that Beijing hopes to reach a trade agreement with the US that will satisfy both [...]