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It is an iron rule on financial markets that no matter how awful a crisis may be, someone, somewhere, is making a profit. The current pandemic is no exception – so meet the money men and tech tycoons who are coronavirus winners. THE TECH TYCOONS Jeff Bezos Amazon is expected to report profits of more … Read more
Super-rich tycoons living in the tax haven of Monaco are using millions of pounds of British taxpayers’ cash to pay the wages of the staff in their UK companies. An investigation by The Mail on Sunday today reveals how firms headed by businessmen enjoying a luxury lifestyle on the French Riviera are receiving huge amounts … Read more
Airline tycoons told to cough up: Ministers say shareholders must contribute in bailout By James Salmon for the Daily Mail Published: 22:23 BST, 31 March 2020 | Updated: 22:23 BST, 31 March 2020 Airline tycoons will have to put their hands in their pockets if they want a bail out, Transport Secretary Grant Shapps warned … Read more
Millionaire ferry tycoon’s housekeeper is awarded £4,000 payout after she is sacked by his ‘vicious’ widow Sigrid ‘Sigi’ Aiken, 76, was married to ferry tycoon Michael Aiken MBE Housekeeper Eveline Montrieux accused the widow of ‘nasty’ behaviour She was sacked without warning days after his death aged 80 last March The tribunal has now ruled in … Read more
The public response for volunteers to assist the NHS has been remarkable. A real tribute to the profound community spirit engendered by the health emergency. Many corporations also are responding in the right way. Ineos with sanitiser production. Barclays by waiving overdraft charges until the end of April, is doing the right thing on this … Read more
The airline industry can be accused of many sins. It is infested with brassy billionaires, such as the avaricious Sir Stelios Haji-Ioannou, the founder of EasyJet, and the egregious Sir Richard Branson. It is responsible for pollution that is poisoning the planet. Customer service is sometimes woeful and industrial relations, wherever the main fault lies, … Read more
Detectives call on billionaire tycoon’s fugitive son wanted for Norwegian socialite’s rape and murder to return to UK 12 years after her brutalised body was found in London basement rubble Martine Vik Magnussen was killed in central London after a night out She was last seen with Farouk Abdulhak, son of a billionaire sugar magnate By … Read more
Calling all Silicon Valley tycoons – this could be the superyacht for you. Because it’s brimming with tech. The concept, called Stormbreaker, is aimed at ‘tech-focused explorers’ and comes with a 360-degree imaging system as well as state-of-the-art communications. And the ‘razor-sharp’ design also features stunning interiors including a jaw-dropping glass atrium at the heart … Read more
On a strong day for the stock market, forex group Finablr stood out for all the wrong reasons. It lost more than a quarter of its value after it emerged billionaire majority owner BR Shetty had pledged 392m shares, or 56 per cent of the company, to refinance debts related to the acquisition of Travelex in … Read more