Eddie Hearn interview: Matchroom boss says Anthony Joshua will be heavyweight champion of the world…and boxing can be the second biggest sport in the country September 11, 2015 A little over a year after staging the biggest fight in British boxing history between Carl Froch and George Groves, Eddie Hearn has not downsized the scale of his ambition. “In six years I think we can make this the number two sport in the country,” the boxing promoter told City A.M. “We’ve [...]
Robert De Niro transforms into Bernie Madoff in new HBO show Wizard of Lies – first picture revealed September 11, 2015 The first picture of Robert De Niro and Michelle Pfeiffer as Bernie and Ruth Madoff has surfaced online. The two Hollywood heavyweights are starring in the HBO film Wizard of Lies, a dramatisation of how convicted fraudster Bernie Madoff was responsible for building one of the most infamous Ponzi schemes in history. Madoff, who conned investors [...]
Office cycle ramp: Does London’s Alphabeta building in Finsbury Square have the craziest office feature yet? September 10, 2015 Forget Sky Garden topped buildings and treehouse offices, there's a new feature coming to one London office that might just be the craziest yet. In Finsbury Square, workers located in the new Alphabeta building will be able to cycle straight into the heart of the building without hitting the breaks and disembarking, practically to their [...]
The rise of reward crowdfunding in Europe September 10, 2015 Harriet Green asks Indiegogo’s Anastasia Emmanuel about the platform’s experience in new markets WHAT does the rewards and donation-based crowdfunding sector look like today? Despite having a longer history than equity and debt crowdfunding, the fast-growth of platforms which offer perks and non-monetary rewards in return for investment doesn’t get so much media time. Indiegogo, [...]
Martin Johnson interview: Why Rugby World Cup 2015 will define Stuart Lancaster’s England team September 10, 2015 Former England captain Martin Johnson knows a thing or two about Rugby World Cups and concedes that the current side’s indelible placing in the annals of history will be determined over the next month or so. Such a stance does not sit comfortably with the 45-year-old, although he accepts it is inevitable. Johnson has [...]
Labour leadership odds 2015: When did it start to look like Jeremy Corbyn might win? September 9, 2015 It feels like the Labour leadership campaign has been going on for eons. But here we are, at the final hurdle. It’s now just three days until the result is announced. During General Election a few months ago, it was said bookies outperformed pollsters when it came to predicting the result – with many polls predicting [...]
Wanted: Chief takeaway tester for Just Eat September 9, 2015 Fast food afficionados JustEat are recruiting for a very special role just in time for the start of term: chief takeaway tester. The UK branch of the company, which has over 30,000 restaurants using the service, is calling on university students to apply for one of its six available tester roles. Successful testers will receive [...]
Mergers and aquisitions defy stormy global financial markets as M&A deals involving UK firms jump past £260bn September 9, 2015 Businesses pushed ahead with billions of dollars’ worth of mergers and acquisitions (M&A) yesterday, unperturbed by recent volatility that has shaken global markets. Deals involving UK firms jumped past the $400bn (£260bn) mark for the year to date as takeover Tuesday gripped the City. PaddyPower and Betfair agreed a £6bn merger; Cinven revealed [...]
Wall Street jumps after China rebound – New York Report September 8, 2015 US stocks rose more than two per cent yesterday, bouncing after steep losses last week and a China-fuelled rebound in global equities. The Dow Jones industrial average rose 390.3 points, or 2.42 per cent, to 16,492.68, the S&P 500 gained 48.19 points, or 2.51 per cent, to 1,969.41 and the Nasdaq Composite added 128.01 points, [...]
Uber China raises $1.2bn led by Baidu while local rival Didi Kuaidi bags $3bn September 7, 2015 China is the new battleground for Uber – and now it has landed billions to fund a fight against a rival which calls the country home turf. Speaking to Chinese media, Uber boss Travis Kalanick confirmed UberChina has bagged at least $1.2bn (£787m) in its latest round of funding, with the investment led by one of [...]