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Drinks giant Diageo warns it’s on course to take a £200m hit from the coronavirus fallout amid bar and restaurant closures FTSE 100 listed group’s share price fell over 4% in early morning trading Annual profits and sales expected to take a hit from virus fallout, group warns By Jane Denton For Thisismoney Published: 09:27 … Read more
Giant male humpback comes within feet of crushing a boat as it flings itself out of the water to ‘warn’ sailors away from a mother and its calf off of Hawaii Humpback whale almost crushed a catamaran as it flung itself from the water off Kaanapali Beach in Hawaii Don McLeish was sailing on February … Read more
Mining giant Anglo American WAS ready to sweeten £405m Sirius bid By Joanne Hart and Harriet Dennys, Financial Mail On Sunday Published: 23:46 GMT, 22 February 2020 | Updated: 23:46 GMT, 22 February 2020 Anglo American considered offering Sirius Minerals investors shares in Anglo itself as part of its takeover bid, the MoS can reveal. … Read more
Israeli tailor Bagir was out of fashion this week after announcing it is taking legal action against Chinese giant Shandong Ruyi. Once touted the ‘LMVH of China’, the fashion conglomerate is now drowning in billions’ worth of debt following an acquisition spree of European brands such as Sandro and TM Lewin. Only last month the … Read more
Blue Origin is now in the running to put Americans back on the moon by 2024. Amazon CEO Jeff Bezos has revealed the ambitious next steps for his aerospace company at a highly-secretive media event in Washington, D.C. on Thursday. During the event, which kicked off at 4 p.m., the billionaire and Blue Origin founder … Read more
New BP boss Bernard Looney preparing to cut jobs as part of his radical overhaul of energy giant to meet its net zero carbon ambitions By Harriet Dennys, Financial Mail On Sunday Published: 21:48 GMT, 15 February 2020 | Updated: 12:32 GMT, 16 February 2020 Bernard Looney, the new chief executive of BP, is preparing … Read more
As we come to the end of this decade the rain is beating on my window and the fields in the distance are puddled with water – as they have been for the past few months. It is wet, wet, wet. However, I get great pleasure from one group of plants that have adapted to … Read more
Business Secretary Leadsom welcomes financial watchdog’s decision to extend probe into collapse of holiday giant Thomas Cook The FRC announced it will analyse financial statements by auditors EY Thomas Cook collapsed in September after failing to find a funding lifeline By This Is Money Published: 11:43 GMT, 19 December 2019 | Updated: 11:45 GMT, 19 … Read more
Peppa Pig SOLD to US toy giant Hasbro: Firm behind Monopoly and Transformers snaps up London-listed Entertainment One for £3.3bn Peppa Pig owner Entertainment One has been sold to US toy firm Hasbro Hasbro is the US toy-making giant behind My Little Pony and Monopoly Entertainment One shareholders are set to receive £5.60 per share … Read more
German media giant Axel Springer could take advantage of Neil Woodford’s crisis to scoop up more shares in Purplebricks – and even take it off the stock market. Axel Springer, which owns media brands such as music magazine Rolling Stone and website Business Insider, is ‘open to opportunities’ to buy more shares in the online … Read more