Unilever invests in influencer marketing platform Creator IQ June 12, 2019 Unilever Ventures has partnered with TVC Capital to invest $12m (£9.4m) in influencer marketing platform Creator IQ as it looks to crack down on fraud in the industry. The investment comes a year after Unilever warned that fraud was undermining influencer marketing and vowed to improve integrity, transparency and measurement in the sector. Read more: [...]
Gympass secures $300m in Softbank-led funding round June 12, 2019 Gympass has raised more than $300m (£236m) in a funding round led by Japanese investment giant Softbank. Read more: Softbank earns $11bn for selling some of its huge Alibaba stake The corporate fitness platform, which offers flexible gym memberships, said it has secured the funding from Softbank’s Vision Fund and existing investors. Softbank’s Latin America [...]
India: Enormous advantage for UK investors June 6, 2019 By Rodney Hobson from interactive investor. There are lots of reasons to invest in India now. Our international columnist runs through them here. Rodney Hobson is an experienced financial writer and commentator who has held senior editorial positions on publications and websites in the UK and Asia, including Business News Editor on The Times and Editor of Shares [...]
Hiring disabled people is a trillion-dollar business opportunity May 29, 2019 Government figures show that over the past five years, some 930,000 disabled people have found employment – an increase of 7.4 per cent, compared with 3.8 per cent for non-disabled people. That serves a heady shot of optimism for people like me who live and work with a disability, especially when you consider that globally, disabled [...]
Lloyds Bank unveils quarterly dividends payments amid pension pay row May 16, 2019 Lloyds Bank has announced plans to pay dividends quarterly from next year ahead of a potential shareholder revolt at today’s AGM. The bank said the move, beginning in the first quarter of 2020, would allow its 2.4 million shareholders to be paid more regularly and efficiently. Read more: Lloyds Banking Group: Q1 results analysis The [...]
Renishaw shares dive after second profit warning May 14, 2019 Renishaw shares crashed more than seven per cent this morning after it unveiled its second profit warning in two months. The Ftse 250 healthcare technology group said adjusted profit before tax in the nine months to 31 March was down 18 per cent at £79.6m. Read more: Renishaw shares plummet as it issues profit warning [...]
Atomic London wants to modernise the creative agency landscape and help solve marketing problems April 29, 2019 The big ad agencies are struggling. WPP’s challenges since Sir Martin Sorrell’s departure are well documented. Last week, it was reported that car rental company Hertz was suing its former marketing partner Accenture over a piece of shoddy web design. More broadly, brands are bringing their marketing in-house, denying revenue to agencies. For advertising executive [...]
City forum intervenes in Barclays’ battle with Bramson April 28, 2019 A forum for City investors has intervened in Barclays’ battle with activist investor Edward Bramson, ahead of the bank’s general meeting this week. Investor Forum has written to Barclays in recent weeks at the prompting of major institutional investors to raise a number of concerns, Sky News reported. The news comes before Barclays’ general meeting [...]
Unilever: Why there’s lots to like about this FTSE 100 star April 25, 2019 By Graeme Evans from interactive investor. These first quarter numbers have been well received, and this market favourite still has lots to go for. Unilever (LSE:ULVR) shares surged to within a few pence of a record high last week as first-quarter trading figures heightened focus on whether this defensive and reliable dividend payer can offer [...]
Chief executive of struggling Kraft Heinz to step down April 22, 2019 Kraft Heinz has today announced that chief executive Bernardo Hees is to step down and be replaced by Miguel Patricio, an executive at drinks giant Anheuser-Busch InBev (AB InBev). Read more: Kraft Heinz share price plunges as SEC probe and losses spook Wall Street The US food company said that Patricio, who is Portuguese, will on 1 [...]