Tokyo court blocks Ghosn’s request to attend Nissan board meeting March 11, 2019 A Tokyo court has denied former Nissan boss Carlos Ghosn’s request to attend the company’s board meeting tomorrow, Reuters reported, citing local media. The ousted car executive had sought permission from the Tokyo District Court to attend the meeting, paving the way for a dramatic confrontation with his former colleagues. Read more: Former Nissan boss [...]
Carlos Ghosn seeks permission to attend Nissan board meeting March 11, 2019 Former Nissan boss Carlos Ghosn is seeking permission from a Tokyo court to attend the car manufacturer’s board meeting tomorrow, Reuters reported, citing his lawyer. Ghosn, who was released last week on bail of ¥1bn (£6.85m), has applied to the Tokyo District Court for permission to attend the meeting, his lawyer Junichiro Hironaka told reporters. [...]
Superdry urges investors to vote against founder Julian Dunkerton’s return March 11, 2019 Superdry will hold a shareholder meeting on 2 April to vote on the reinstatement of Julian Dunkerton after months of rising tensions between the founder and the board. The fashion retailer confirmed the meeting in a circular sent to shareholders this morning, but urged them to vote against the reappointment of Dunkerton. Read more: Hundreds of [...]
Senior Tory MPs urge Theresa May to cancel Brexit vote March 11, 2019 Senior Tory MPs have urged Prime Minister Theresa May to cancel tomorrow’s vote on her Brexit deal amid fears she faces another heavy defeat, the Times has reported. Leading Conservatives have told May she should pull the meaningful vote unless she secures major concessions from the EU. Read more: Brexiters dismiss reports they could swing [...]
EU negotiator Michel Barnier offers UK unilateral customs union exit March 8, 2019 The EU’s chief negotiator Michel Barnier has said the UK will have the option to withdraw unilaterally from the customs union element of the backstop agreement. Barnier today briefed EU ambassadors on the ongoing talks with Prime Minister Theresa May and outlined the proposals it will offer. Read more: Barnier rules out time limit on Irish [...]
Space X unmanned capsule splashes down after space centre mission March 8, 2019 An unmanned capsule from Elon Musk’s Space X has splashed down successfully in the Atlantic Ocean after a short-term stay on the International Space Station. The landing marks the end of the first orbital test mission as NASA looks to resume human space travel from US soil this year. Read more: Space X Dragon capsule successfully [...]
Which London Underground line suffers the worst delays? March 8, 2019 Delayed Tube trains and chaotic commuter journeys have long been the fodder of water cooler conversations across the capital. But transport-related tiffs can now be put to rest, as new data has revealed which London Underground line suffers from the worst delays. Data compiled by Casino.co.uk shows denizens of the District line are the worst [...]
BT TV to offer Vice channels in bid to bolster its youth appeal March 8, 2019 BT has secured a deal with Vice Media to give its customers access to the youth channel’s content on live and on-demand TV. The partnership, which comes into effect next week, will give BT TV customers access to Vice on TV, a lifestyle and entertainment channel offering documentaries about popular culture and current affairs. Read [...]
High street suffers worst February in a decade as retail woes continue March 8, 2019 Half-term holidays and unseasonably warm weather failed to boost the struggling high street as retailers suffered their worst February in a decade. In-store like-for-like sales dropped 3.7 per cent last month, marking the worst figures since 2009, according to data published by accountancy firm BDO. Read more: Quiz shares plummet on second profit warning this [...]
Debenhams shares bounce back as Mike Ashley launches power grab March 8, 2019 Shares in embattled department store chain Debenhams jumped as much as 25 per cent this morning after Mike Ashley launched an audacious bid to take control of the company. The retail mogul last night demanded an extraordinary general meeting of Debenhams shareholders, calling for all but one of the existing board members to be ousted. Read [...]