Furious Trump discloses Mar-a-Lago estate has been raided by FBI in search for White House records August 9, 2022 The FBI has searched Donald Trump’s Mar-a-Lago estate as part of an investigation into whether he took classified records from the White House to his Florida residence, sources have said. Disclosing the search in a lengthy statement, the former US president said that agents opened up a safe at his home and described their work [...]
Facebook, TikTok and fake news play key role in Kenyan elections: Millions to vote today after ugly online campaigns August 9, 2022 NAIROBI – Politicians and political parties across Kenya have spent tens of millions on social media campaigns in recent weeks in a last effort to win over voters, as the East African country is going to the polls today. Alongside hundreds of genuine statements and ads, fake and false online claims play a key role [...]
Watch Rishi Sunak’s Brexit message as he is ridiculed on social over ‘worst campaign video ever created’ August 8, 2022 Rishi Sunak’s campaign is under fire this afternoon as the former chancellor is mocked online and accused of “pointless posturing” in a campaign video focused on shredding EU regulations which has been likened to a parody. The Tory leadership candidate vowed to use his first 100 days if elected prime minister to “review or repeal [...]
Newcastle and Manchester building societies launch exclusive talks for £5bn merger August 8, 2022 Newcastle Building Society said it is in exclusive talks with Manchester Building Society over potentially merging the two. The pair plan to “explore the possibility” of transferring Manchester’s business to Newcastle, but discussions are at an early stage, they said. “There can be no certainty that any merger will occur, nor as to the terms [...]
M&C Saatchi shares dive as £310m takeover talks with Next Fifteen are pushed back August 8, 2022 M&C Saatchi and suitor Next Fifteen have postponed talks over the proposed £310 million deal for the advertising company. Shares in M&C Saatchi dipped as its possible acquisition by the media business hit another roadblock. In May, M&C Saatchi originally agreed to a takeover deal by Next Fifteen, but a month later said it no [...]
Rebels pull off City coup as Chris Sherwell is forced out as chairman of fund set up by Brooklyn Beckham’s father-in-law August 8, 2022 In a disagreement over the company’s future, the chairman of an investment fund founded by Brooklyn Beckham’s father-in-law has been ousted by rebel shareholders. A small majority of investors voted for a motion to remove Chris Sherwell from his position on the Trian Investors 1 board. “At a requisitioned EGM (extraordinary general meeting) of the [...]
Veolia to pocket £2bn from Suez UK waste unit as CMA forces energy giant to sell August 8, 2022 Veolia said this afternoon it plans to sell Suez’s UK waste business to Macquarie for £2bn after regulators raised competition concerns. The French utilities giant agreed to buy smaller French competitor Suez in a £10.9bn deal last year. However, it has had to sell parts of Suez’s waste operations in numerous regions amid concerns over [...]
Sitting on cash pile: Only half of all councils in England use £1.5bn pandemic fund with thousands of companies missing out August 8, 2022 Only half of all councils in England have started making payments to Covid-hit firms from a £1.5bn support package, almost 18 months after it was first launched. Real estate experts have said it is “too little too late” and could mean thousands of companies miss out on almost £700m of available funding. In March 2021, [...]
China trade surplus hits record high while markets nervously await Fed’s next move August 8, 2022 Markets in Europe look set to open slightly lower as we start a new week after US markets closed mixed on Friday, and the latest July trade data for China pointed to weak domestic demand. Any thoughts that the US Federal Reserve might have to start going soft when it comes to the tightening of [...]
WATCH: ‘No-nonsense Iron Lady’ Martha Karua vies to become Kenya’s first female deputy president August 8, 2022 Kenya’s much-anticipated presidential election – taking place tomorrow – could usher in the country’s first-ever female deputy president. However, rising star Martha Karua says she’s is more focused on the issues that matter than any political office. Karua, a long-standing member of parliament and an advocate of the High Court of Kenya, as well as [...]