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....The start-up he founded, Gravity, is working on new technology for the device which Mr Browning said will make the current prototype look "like child's play". Since video of his maiden flight went on YouTube, he has had thousands of views and interest from investors and the UK military. ... [Read full article on BBC ]
Thursday 27th of April 2017 11:01:13 PM
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.... The Boohoo brand has achieved outstanding revenue growth and increased profitability margins during the year," said joint chief executives Mahmud Kamani and Carol Kane. Its only temporary misstep was a profit warning in 2015 that unnerved investors and sent its share price down by some 40% - something the online retailer has now put behind it. ... [Read full article on BBC ]
Wednesday 26th of April 2017 06:17:43 AM
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....The latest offer is critical of AkzoNobel's own plan, announced on 19 April, to split the Netherlands-based group into two: one part concentrating on paint and the other on chemicals. PPG said: "As evidenced by the decline in AkzoNobel's stock price since its investor update, the capital markets have not recognized any additional value from its new standalone plan, including the enhanced regular dividend and special dividend that AkzoNobel has proposed for 2017. ... [Read full article on BBC ]
Monday 24th of April 2017 11:08:17 AM
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....That will unite Christian Dior Couture, the 70 year old fashion label which has been worn by film stars from Elizabeth Taylor to Jennifer Lawrence, with the Christian Dior perfume and beauty business already owned by LVMH. The move was welcomed by investors, who have called for Mr Arnault to simplify the structures of LVMH and Dior. ... [Read full article on BBC ]
Tuesday 25th of April 2017 11:31:29 AM
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....". Meanwhile, investors got a taste for McDonald's shares after the fast food chain reported better-than-expected profits in the first quarter. ... [Read full article on BBC ]
Tuesday 25th of April 2017 02:58:27 PM
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.... . But JAB, also an investor in Krispy Kreme doughnuts and household goods giant Reckitt Benckiser, added there was "no certainty that a sale" would take place. ... [Read full article on BBC ]
Monday 24th of April 2017 06:35:35 AM
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Friday 28th of April 2017 06:26:06 AM
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....Jimmy Wales's interest in news media is nothing new. For years he has expressed concern about how to guarantee the future of quality journalism, and even been talked of as a potential investor in existing media companies. ... [Read full article on BBC ]
Monday 24th of April 2017 11:50:10 PM
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....Earlier this week, the Financial Times reported that Cerberus Capital Management, the New York private equity firm that owns Albertsons and Safeway, had initiated talks with bankers about making a bid. Other potential suitors include Jana Partners, an activist investor group that has amassed a 9% stake. ... [Read full article on Guardian ]
Saturday 29th of April 2017 11:00:28 AM
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....Europe's main markets jumped at least 2% and the euro hit a five-month high as fears over the election eased. "Markets are taking the news out of France very positively," said David Levy, US-based investor at Republic Wealth Advisors. ... [Read full article on BBC ]
Sunday 23rd of April 2017 09:16:09 PM
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....The firm highlighted its international activity, noting expansion in India, Mexico and the UK. But executives told investors that more spending on content, products and warehouses for distribution lies ahead. ... [Read full article on BBC ]
Thursday 27th of April 2017 08:53:18 PM
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....Close Brothers' Ms Curtin also pointed out that other data suggested strength in the US economy . "While investors might be disappointed with the reading, it has been a steady start to the year with inflation looking benign, a resilient jobs market and positive PMI [purchasing managers'] data. ... [Read full article on BBC ]
Friday 28th of April 2017 12:40:39 PM
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. For the first time a majority of global investor heavyweights recognise the financial risks of climate change, according to the results of a major global index rating how investors manage such risks. ... [Read full article on Guardian ]
Tuesday 25th of April 2017 08:00:15 PM
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....Miles Shipside, director of Rightmove, said there were signs of a “strong spring market”, which should help to offset any jitters in the market before the general election on 8 June. The first-time buyer sector was driving the price increases, Rightmove said, after changes to previously generous tax rules deterred buy-to-let investors from competing for similar homes. ... [Read full article on Guardian ]
Monday 24th of April 2017 06:00:04 AM
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....In particular, it said the UK Serious Fraud Office (SFO) intended to make a decision shortly about "matters relating to our capital raisings in 2008". This refers to a long-running SFO investigation into a cash injection received by Barclays from Qatari investors at the height of the financial crisis. ... [Read full article on BBC ]
Friday 28th of April 2017 06:36:15 AM
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Monday 24th of April 2017 07:27:54 AM
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....He said the transactions demonstrated his family’s commitment to LVMH and would result in “the simplification of the structures, long requested by the market, and the strengthening of LVMH’s fashion and leather goods division thanks to the acquisition of Christian Dior couture”. The move was welcomed by analysts and investors, and LVMH shares rose more than 4% to €223. ... [Read full article on Guardian ]
Tuesday 25th of April 2017 10:15:06 AM
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.... The result is that today, thousands of former army houses are managed by a company run from one of the smartest streets in London, and owned by a private equity fund based in Guernsey. In turn, that private equity fund manages billions of pounds for some of the biggest investors in the world, who have made a fortune out of Annington. ... [Read full article on Guardian ]
Tuesday 25th of April 2017 04:30:38 AM
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....The money includes the value of shares already owned, outstanding share options, a "golden parachute" payment, cash payments and medical benefits. Yahoo investors are being asked to vote on the deal this June. ... [Read full article on BBC ]
Tuesday 25th of April 2017 12:31:32 PM
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.... Two years ago he took home more than £70m, one of the biggest pay deals in UK corporate history, and over the last five years has pocketed £210m. For years, investors were placated by WPP’s relentless growth, and questions about the control exerted by its founder were put to one side. ... [Read full article on Guardian ]
Saturday 29th of April 2017 03:00:02 PM
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....15 after reporting stronger revenue and earnings than Wall Street had forecast while Comcast was boosted by stronger revenue at theme parks it acquired as part of its NBCUniversal purchase. Microsoft profits disappointed investors as sales of its Surface tablets and laptops slumped and earnings came in lower than expected. ... [Read full article on Guardian ]
Friday 28th of April 2017 03:03:31 AM
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.... . Lloyds' statutory profit was boosted by the absence of last year's £800m charge from its controversial move to buy back expensive bonds from investors. ... [Read full article on BBC ]
Thursday 27th of April 2017 06:33:36 AM
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.... His total wealth now stands at $74bn. Bezos, who also owns the Washington Post, is now on the brink of toppling the legendary investor Warren Buffett to become the world’s second-richest person after Bill Gates. ... [Read full article on Guardian ]
Saturday 29th of April 2017 08:00:25 AM
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....6m). Boohoo’s rise has mirrored that of Asos, shares in which have increased from £36 to £56 over the past 12 months, as investors back large online brands. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 05:31:48 PM
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.... . The company is due to report its first-quarter earnings to investors on Friday. ... [Read full article on BBC ]
Monday 24th of April 2017 09:06:53 PM
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.... Two were better than expected, with three as forecast. Stock markets remain near record highs and the pound has been given a fillip by news of the election, with investors predicting the result will strengthen May’s position in Brexit negotiations with her EU counterparts. ... [Read full article on Guardian ]
Tuesday 25th of April 2017 10:38:58 AM
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.... . However, he warned that during another widespread crisis, this may be seen by other banks and investors as a so-called "fire sale", where the assets, or loans, would be considered damaged goods by potential buyers and end up selling at a knock-down price. ... [Read full article on BBC ]
Friday 28th of April 2017 02:26:12 PM
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.... But the market’s yawn seems odd. A new CEO who talks about “disciplined choices” to make the labs more commercial usually gets applause from investors. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 06:37:04 PM
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....Sebastian O’Kelly, of the Leasehold Knowledge Partnership, said: “Homebuyers wanted homes and trusted a plc housebuilder. Taylor Wimpey created an investment asset class – the freehold – which it then traded to anonymous and murky investors, who hide their beneficial ownership behind nominee directors. ... [Read full article on Guardian ]
Thursday 27th of April 2017 11:35:12 AM
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....Stock markets surged and the euro jumped sharply after centrist candidate Emmanuel Macron won the first round of the weekend’s French presidential election, easing fears of a victory by the far-right Front National. France’s Cac index climbed more than 4% to a nine-year high, its best daily performance since August 2015, as investors bet that Macron would defeat the other runoff candidate, the FN’s Marine Le Pen on 7 May. ... [Read full article on Guardian ]
Monday 24th of April 2017 09:34:27 AM
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Latest Finance News related to Investor

Green heating system accused of causing 'fuel poverty' image
Source : BBC [Read Article] Sunday 30th of April 2017 12:47:23 AM
.... The industry has tackled these issues head on. "In March we launched a new task force, attended by consumer groups, investors, developers and observed by government and Ofgem. ...
Martin Sorrell and the sunset of the superstar chief executives image
Source : Guardian [Read Article] Saturday 29th of April 2017 03:00:02 PM
.... Two years ago he took home more than £70m, one of the biggest pay deals in UK corporate history, and over the last five years has pocketed £210m. For years, investors were placated by WPP’s relentless growth, and questions about the control exerted by its founder were put to one side. ...
Hard times for Whole Foods: 'People say it's for pretentious people. I can see why' image
....Earlier this week, the Financial Times reported that Cerberus Capital Management, the New York private equity firm that owns Albertsons and Safeway, had initiated talks with bankers about making a bid. Other potential suitors include Jana Partners, an activist investor group that has amassed a 9% stake. ...
Fangs: the lightning rise of Facebook, Amazon, Netflix and Google image
Source : Guardian [Read Article] Saturday 29th of April 2017 08:00:25 AM
.... His total wealth now stands at $74bn. Bezos, who also owns the Washington Post, is now on the brink of toppling the legendary investor Warren Buffett to become the world’s second-richest person after Bill Gates. ...
Our flat was perfect  – until planners let a restaurant open below image
Source : Guardian [Read Article] Saturday 29th of April 2017 06:00:22 AM
.... More importantly, many lenders will also be unhappy to lend on such homes, [so] vendors are often forced to consider a cash sale. Cash investors will typically look for a discount and valuers will therefore reflect this in their opinion. ...
Weak pound melts the British dream of a place in the sun image
Source : Guardian [Read Article] Friday 28th of April 2017 04:03:49 PM
.... The prices for ordinary Spanish housing, he says, was “rising much faster than prices for holiday homes and luxury villas”. Spain is also benefiting from new buyers, including Chinese investors, and agents say there has been a new surge in demand recently from Turkish buyers. ...
Qualcomm says Apple withholding royalty payments amid legal row image
. Qualcomm, the largest maker of mobile phone chips, has cut its profit forecast, warning investors that Apple is withholding royalty payments amid a legal battle. ...
'Fire sale' risk with Bank capital approach, says Vickers image
Source : BBC [Read Article] Friday 28th of April 2017 02:26:12 PM
.... . However, he warned that during another widespread crisis, this may be seen by other banks and investors as a so-called "fire sale", where the assets, or loans, would be considered damaged goods by potential buyers and end up selling at a knock-down price. ...
US growth rate hits three-year low image
Source : BBC [Read Article] Friday 28th of April 2017 12:40:39 PM
....Close Brothers' Ms Curtin also pointed out that other data suggested strength in the US economy . "While investors might be disappointed with the reading, it has been a steady start to the year with inflation looking benign, a resilient jobs market and positive PMI [purchasing managers'] data. ...
Sir Martin Sorrell's pay package plunges from £70m to £48m image
Source : Guardian [Read Article] Friday 28th of April 2017 10:22:43 AM
. Sir Martin Sorrell received £48m in remuneration last year as WPP, the marketing and advertising company he founded and runs, moved to curb the level of his future payouts to avoid further clashes with investors. ...
Barclays chief admits he 'made a mistake' over whistleblowing case image
Source : Guardian [Read Article] Friday 28th of April 2017 08:27:59 AM
....Jes Staley, the chief executive of Barclays, has admitted he made a mistake in his repeated attempts to unmask a whistleblower but said he did not offer his resignation over the scandal. The American is under mounting pressure after a shareholder advisory service, ISS, advised investors to abstain from backing his re-election to the board at next month’s annual general meeting because of the ongoing investigation by the City regulators into breaches of whistleblowing rules. ...
Barclays profits more than double image
Source : BBC [Read Article] Friday 28th of April 2017 06:36:15 AM
....In particular, it said the UK Serious Fraud Office (SFO) intended to make a decision shortly about "matters relating to our capital raisings in 2008". This refers to a long-running SFO investigation into a cash injection received by Barclays from Qatari investors at the height of the financial crisis. ...
Nasdaq surge expected to continue after strong Alphabet and Amazon results image
....15 after reporting stronger revenue and earnings than Wall Street had forecast while Comcast was boosted by stronger revenue at theme parks it acquired as part of its NBCUniversal purchase. Microsoft profits disappointed investors as sales of its Surface tablets and laptops slumped and earnings came in lower than expected. ...
TED 2017: UK 'Iron Man' demonstrates flying suit image
Source : BBC [Read Article] Thursday 27th of April 2017 11:01:13 PM
....The start-up he founded, Gravity, is working on new technology for the device which Mr Browning said will make the current prototype look "like child's play". Since video of his maiden flight went on YouTube, he has had thousands of views and interest from investors and the UK military. ...
Google, Amazon and Microsoft report rising profits image
Source : BBC [Read Article] Thursday 27th of April 2017 08:53:18 PM
....The firm highlighted its international activity, noting expansion in India, Mexico and the UK. But executives told investors that more spending on content, products and warehouses for distribution lies ahead. ...
WPP to cut Sir Martin Sorrell's pay to £15m in bid to calm investors image
Source : Guardian [Read Article] Thursday 27th of April 2017 08:05:41 PM
. Sir Martin Sorrell, Britain’s best-paid chief executive, is to take a pay cut in an effort to avert a clash with investors over the scale of his remuneration. ...
Barclays boss faces shareholder revolt over whistleblowing case image
Source : Guardian [Read Article] Thursday 27th of April 2017 06:37:05 PM
....Barclays’ chief executive is facing a shareholder revolt at next month’s annual meeting because of the ongoing regulatory investigation into his attempts to unmask a whistleblower. Shareholders are being advised to abstain from the annual vote to re-elect the American banker Jes Staley to the board by ISS, an influential adviser to major investors, in a sign that the bank could face a significant protest vote against its chief executive at the 10 May AGM. ...
AstraZeneca shareholders revolt over chief executive's £13m pay image
Source : Guardian [Read Article] Thursday 27th of April 2017 06:13:55 PM
....AstraZeneca has suffered another shareholder revolt over executive pay, with two-fifths opposing a £13m package for its chief executive. Nearly 39% of investors voted against the pharmaceutical group’s 2016 remuneration report at its annual meeting in London, similar to the rebellion it faced three years ago. ...
Taylor Wimpey to pay up to £130m to settle ground rent scandal image
Source : Guardian [Read Article] Thursday 27th of April 2017 11:35:12 AM
....Sebastian O’Kelly, of the Leasehold Knowledge Partnership, said: “Homebuyers wanted homes and trusted a plc housebuilder. Taylor Wimpey created an investment asset class – the freehold – which it then traded to anonymous and murky investors, who hide their beneficial ownership behind nominee directors. ...
Pound hits seven-month dollar high image
Source : BBC [Read Article] Thursday 27th of April 2017 08:13:10 AM
....Lloyds Banking Group shares rose 2. 3% as investors welcomed its first-quarter results. ...
Lloyds Bank's profits rise despite 'challenging' times image
Source : BBC [Read Article] Thursday 27th of April 2017 06:33:36 AM
.... . Lloyds' statutory profit was boosted by the absence of last year's £800m charge from its controversial move to buy back expensive bonds from investors. ...
Fashion retailer Boohoo nearly doubles profit after celebrity Instagram tie-ups image
....6m). Boohoo’s rise has mirrored that of Asos, shares in which have increased from £36 to £56 over the past 12 months, as investors back large online brands. ...
Twitter revenues decline for first time as advertising falls away image
Source : Guardian [Read Article] Wednesday 26th of April 2017 01:48:14 PM
....Twitter’s revenue has fallen for the first time, as advertisers have pulled back from the social media service favoured by Donald Trump, celebrities and journalists. However, the Silicon Valley company, which has never turned a profit, cheered investors by announcing a significant rise in the number of monthly users, to 328 million. ...
Credit Suisse plans £3bn fundraising to boost capital image
Source : BBC [Read Article] Wednesday 26th of April 2017 06:27:10 AM
....The Swiss bank has posted two straight years of losses, but its top 12 executives were awarded 78m Swiss francs in pay this year. Credit Suisse investors are set to meet on 28 April. ...
Boohoo online fashion retailer sees its profits double image
Source : BBC [Read Article] Wednesday 26th of April 2017 06:17:43 AM
.... The Boohoo brand has achieved outstanding revenue growth and increased profitability margins during the year," said joint chief executives Mahmud Kamani and Carol Kane. Its only temporary misstep was a profit warning in 2015 that unnerved investors and sent its share price down by some 40% - something the online retailer has now put behind it. ...
Millions rethink their investment plans and move away from buy-to-let property image
Source : Daily Express [Read Article] Wednesday 26th of April 2017 12:01:00 AM
....This added £7,500 to the cost of buying a £250,000 house, while Osborne also removed the landlord wear-and-tear allowances. Higher rate tax relief on mortgage interest repayments is being steadily phased out from this month, costing some investors many thousands more every year. ...
Most global investors recognise financial risk of climate change, report finds image
. For the first time a majority of global investor heavyweights recognise the financial risks of climate change, according to the results of a major global index rating how investors manage such risks. ...
Andrew Tyrie, scourge of bankers, deserves new City role | Nils Pratley image
Source : Guardian [Read Article] Tuesday 25th of April 2017 06:18:25 PM
.... That strategy seems perfectly sensible – but it’s not designed for short-term excitement, especially in a “tougher consumer environment,” as the company described current conditions. To judge by the 7% fall in share price, some investors are struggling to accept the new reality. ...
Stock markets surge to new highs ahead of Trump's tax reform plan image
Source : Guardian [Read Article] Tuesday 25th of April 2017 05:35:25 PM
....96 points (0. 15%), supported by a further rise in banking shares as investors bet that a Macron victory would avoid Le Pen’s threat of a eurozone breakup and boost the European banking sector. ...
McDonald's to offer all UK staff fixed hour contracts image
Source : BBC [Read Article] Tuesday 25th of April 2017 02:58:27 PM
....". Meanwhile, investors got a taste for McDonald's shares after the fast food chain reported better-than-expected profits in the first quarter. ...
Marissa Mayer to make $184m from Yahoo's sale to Verizon image
Source : BBC [Read Article] Tuesday 25th of April 2017 12:31:32 PM
....The money includes the value of shares already owned, outstanding share options, a "golden parachute" payment, cash payments and medical benefits. Yahoo investors are being asked to vote on the deal this June. ...
Christian Dior and LVMH combined by French billionaire image
Source : BBC [Read Article] Tuesday 25th of April 2017 11:31:29 AM
....That will unite Christian Dior Couture, the 70 year old fashion label which has been worn by film stars from Elizabeth Taylor to Jennifer Lawrence, with the Christian Dior perfume and beauty business already owned by LVMH. The move was welcomed by investors, who have called for Mr Arnault to simplify the structures of LVMH and Dior. ...
Brexit economy: living standards are falling as the snap election looms image
Source : Guardian [Read Article] Tuesday 25th of April 2017 10:38:58 AM
.... Two were better than expected, with three as forecast. Stock markets remain near record highs and the pound has been given a fillip by news of the election, with investors predicting the result will strengthen May’s position in Brexit negotiations with her EU counterparts. ...
Luxury goods giant LVMH grabs full control of Christian Dior image
Source : Guardian [Read Article] Tuesday 25th of April 2017 10:15:06 AM
....He said the transactions demonstrated his family’s commitment to LVMH and would result in “the simplification of the structures, long requested by the market, and the strengthening of LVMH’s fashion and leather goods division thanks to the acquisition of Christian Dior couture”. The move was welcomed by analysts and investors, and LVMH shares rose more than 4% to €223. ...
Can Donald Trump better renegotiate Nafta? Yes, by bringing back TPP image
Source : Guardian [Read Article] Tuesday 25th of April 2017 08:44:58 AM
.... These additional protections could be backed up by a dispute-settlement process and threats of trade penalties that are as credible as those underpinning the resolution of ordinary mercantile disputes. There is also room for increased protection against corporate abuse of the investor-state dispute-settlement procedure. ...
Hornby directors defend chairman Roger Canham image
Source : BBC [Read Article] Tuesday 25th of April 2017 07:23:45 AM
....New Pistoia, the toymaker's second biggest shareholder, want to replace Mr Canham with Ian Alexander Anton, non-executive director of Victoria Carpets. In a statement, the investor group said it felt it was "time for change". ...
Wikipedia's Jimmy Wales creates news service Wikitribune image
Source : BBC [Read Article] Monday 24th of April 2017 11:50:10 PM
....Jimmy Wales's interest in news media is nothing new. For years he has expressed concern about how to guarantee the future of quality journalism, and even been talked of as a potential investor in existing media companies. ...
General Motors loses Supreme Court appeal over car faults image
Source : BBC [Read Article] Monday 24th of April 2017 09:06:53 PM
.... . The company is due to report its first-quarter earnings to investors on Friday. ...
Tories pinched Labour's energy price cap – but now we need detail | Nils Pratley image
....Many of Genel’s problems came from outside, notably the arrival of Isis fighters in the region, which required the Kurdish regional government to prioritise spending on defence over paying western oil companies. But there is a fair argument that those pressures are easing and that Genel has the potential to recover value for investors, especially if its Kurdish gas assets live up to the hype. ...
Offer for Dulux owner AkzoNobel raised again image
Source : BBC [Read Article] Monday 24th of April 2017 11:08:17 AM
....The latest offer is critical of AkzoNobel's own plan, announced on 19 April, to split the Netherlands-based group into two: one part concentrating on paint and the other on chemicals. PPG said: "As evidenced by the decline in AkzoNobel's stock price since its investor update, the capital markets have not recognized any additional value from its new standalone plan, including the enhanced regular dividend and special dividend that AkzoNobel has proposed for 2017. ...
Stock markets surge after French election result image
Source : Guardian [Read Article] Monday 24th of April 2017 09:34:27 AM
....Stock markets surged and the euro jumped sharply after centrist candidate Emmanuel Macron won the first round of the weekend’s French presidential election, easing fears of a victory by the far-right Front National. France’s Cac index climbed more than 4% to a nine-year high, its best daily performance since August 2015, as investors bet that Macron would defeat the other runoff candidate, the FN’s Marine Le Pen on 7 May. ...
FTSE 100 up 2% as European stocks rally after French vote image
Source : BBC [Read Article] Monday 24th of April 2017 07:55:14 AM
....The rise in shares follows news that centrist Emmanuel Macron topped the voting in France on Sunday, going through to the final round with far-right candidate Marine Le Pen. Markets now expect Mr Macron to beat Ms Le Pen in the second round of the vote, installing a French president seen by investors as pro-Europe and pro-business. ...
Jimmy Choo seeks well-heeled buyer image
Source : BBC [Read Article] Monday 24th of April 2017 06:35:35 AM
.... . But JAB, also an investor in Krispy Kreme doughnuts and household goods giant Reckitt Benckiser, added there was "no certainty that a sale" would take place. ...
Asking prices for homes rise to record average of £313,655 image
Source : Guardian [Read Article] Monday 24th of April 2017 06:00:04 AM
....Miles Shipside, director of Rightmove, said there were signs of a “strong spring market”, which should help to offset any jitters in the market before the general election on 8 June. The first-time buyer sector was driving the price increases, Rightmove said, after changes to previously generous tax rules deterred buy-to-let investors from competing for similar homes. ...
French elections: Wall Street joins European relief rally image
Source : BBC [Read Article] Sunday 23rd of April 2017 09:16:09 PM
....Europe's main markets jumped at least 2% and the euro hit a five-month high as fears over the election eased. "Markets are taking the news out of France very positively," said David Levy, US-based investor at Republic Wealth Advisors. ...
Packing a punch image
Source : BBC [Read Article] Sunday 23rd of April 2017 06:58:24 AM
....Elliott Management, which oversees about $30bn (£23. 5bn) worth of assets, has earned a reputation over 40 years as a no-holds-barred activist investor, with an unusually large appetite for public face-offs. ...
BHS crash sets trend for a chain of closures on UK high streets image
Source : Guardian [Read Article] Saturday 22nd of April 2017 03:00:17 PM
Lloyds: Taxpayers get all their money back after rescue image
Source : BBC [Read Article] Friday 21st of April 2017 05:01:52 PM
....4bn - back. The government began selling off its stake to investors in 2013, with the final 2% likely to be sold this year. ...
Sports Direct's £78m move into US retail stuns analysts image
Source : Guardian [Read Article] Friday 21st of April 2017 03:41:12 PM
....The retailer said on Friday it had received approval from Delaware bankruptcy court to buy 50 stores trading as Bob’s Stores and Eastern Mountain Sports through the bankruptcy process of Eastern Outfitters, the chains’ parent company. Sports Direct, majority owned by its chief executive Mike Ashley, is under pressure after a Guardian investigation in 2015 into its working conditions and investor criticism of its corporate governance standards. ...
Electric flying car that takes off vertically could be future of transport image
....The once fanciful concept of flying cars appears to be a step closer to reality, after a German company completed successful test flights of a “flying taxi”. Munich-based Lilium, backed by investors who include Skype co-founder Niklas Zennström, said the planned five-seater jet, which will be capable of vertical take-off and landing, could be used for urban air-taxi and ride-sharing services. ...
Borussia Dortmund bombs: Part of an elaborate scam? image
Source : BBC [Read Article] Friday 21st of April 2017 11:10:46 AM
....Police initially believed the bombing - which left Spanish footballer Marc Bartra needing surgery - was the work of terrorists, helped to that conclusion by a number of letters purportedly written by Islamic extremists left near the site. But they soon concluded something was amiss, and turned their attentions to a 28-year-old investor named only as Sergej W, whom they have now charged with attempted murder. ...
Trump launches investigation into steel dumping image
Source : BBC [Read Article] Friday 21st of April 2017 07:41:27 AM
....The news caused shares in US steelmakers to rise sharply. However, Asian steelmakers also climbed as investors appeared to shrug off the news. ...
Juicero: Juicing boss defends $400 machine image
Source : BBC [Read Article] Friday 21st of April 2017 07:26:05 AM
....The San Francisco firm raised around $120m in funding ahead of its launch last March. It said it was hoping to tackle nutrition and obesity problems, with investors also inspired by the success of businesses like Nespresso which blend a one-time sale of hardware with repeat sales of consumables. ...
Green Investment Bank sell-off: only time will tell how green it is | Nils Pratley image
.... The £1bn-a-year figure for investment by GIB is a target that may or may not be met. The problem is partly mitigated by the fact that other investors, notably the Universities Superannuation Scheme, have arrived and will hold stakes in assets directly. ...
Green Investment Bank sell-off described as a disaster by critics image
Source : Guardian [Read Article] Thursday 20th of April 2017 03:22:54 PM
....A government spokeswoman said it had always aimed to sell the GIB by the spring. Macquarie said it was committed to the GIB’s target of investing £3bn in green energy projects over the next three years, either directly or by arranging capital from other investors. ...
Presidential challenge image
Source : BBC [Read Article] Thursday 20th of April 2017 03:10:40 PM
.... . In fact, for some shorter term borrowing the French Treasury has to raise the money at a rate of below zero, which means that financial market investors have to pay the state to take their money. ...
Bank of Cyprus UK launches competitive online account paying 1.05% image
Source : Guardian [Read Article] Thursday 20th of April 2017 12:15:27 PM
....Deposits with peer-to-peer lenders are not covered by the FSCS should the worst happen and the lender stops trading. So far firms like RateSetter have proudly claimed that no investor has lost out. ...
Green Investment Bank sold to Australian firm Macquarie image
Source : BBC [Read Article] Thursday 20th of April 2017 09:25:36 AM
...."We are excited by a business that will take a leading role in the green economy, using the specialist knowledge of our teams in Edinburgh and London," he said. Lord Smith of Kelvin, chairman of the GIB, said the sale decision had been supported by the board as it believed that attracting new investors was the "best available route" to securing the long-term future of the business. ...
London shares stagnate in shade of UK election campaign image
Source : BBC [Read Article] Thursday 20th of April 2017 07:38:55 AM
....3% to £3. 54p after updating investors on its big turnaround plan, which includes both store closures and new store openings. ...
Green Investment Bank to be sold off in £2.3bn deal image
Source : Guardian [Read Article] Wednesday 19th of April 2017 08:54:43 PM
....The Green Investment Bank has stakes – either directly or via funds managed by third parties – in 85 projects that vary from an energy efficient street lighting project in Barking and Dagenham and windfarm in Dumfries and Galloway, to a biomass plant at Port Talbot and an energy-from-waste plant in Belfast. The bank also manages the world’s first offshore wind fund, which is comprised private capital from a sovereign wealth fund, European institutional investors and a number of UK pension funds. ...
Burberry's sales growth slows despite 'exceptional' UK performance image
Source : Guardian [Read Article] Wednesday 19th of April 2017 05:23:32 PM
....Shares in Burberry have slumped after the luxury brand revealed that strong sales in the UK and China had failed to offset a slowdown in the US and Hong Kong. Burberry’s share price slid nearly 8% on Wednesday amid investor disappointment that the British label had not echoed the bullish performance of Louis Vuitton owner LVMH last week which had appeared to herald a turnaround in the luxury market. ...
Gandhi stamps sell for £500,000 image
Source : BBC [Read Article] Wednesday 19th of April 2017 12:56:41 PM
....Only 13 of the 1948 Gandhi 10-rupee Purple Brown and Lake 'Service' stamps are in circulation. The block of four was sold to a private collector-investor in Australia for the highest ever price for Indian stamps, said dealer Stanley Gibbons. ...
Burberry shares dive despite sales rise image
Source : BBC [Read Article] Wednesday 19th of April 2017 09:32:28 AM
.... . In the wake of last year's Brexit vote, chairman John Peace told investors at the company's annual meeting that the opening of the new facility might be delayed, as the company considered the implications of the referendum. ...
FTSE 100 stumbles as Burberry tumbles image
Source : BBC [Read Article] Wednesday 19th of April 2017 07:46:07 AM
. (Noon): London's leading shares dipped in Wednesday morning trading but sterling was steady as investors continued to digest the consequences of the UK's snap election call. ...
Services matter image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:13:46 PM
Investors think the election means a softer Brexit – are they right? image
Source : Guardian [Read Article] Tuesday 18th of April 2017 06:40:16 PM
.... The real question is why sterling, which hit a six-month high, reacted so strongly to an early general election. It was because investors calculated – counter-intuitively at first glance – that a bigger Tory majority in the Commons, if that’s what follows, will mean a softer form of Brexit. ...
Next slashes Wolfson's pay by half after profits slide image
Source : BBC [Read Article] Tuesday 18th of April 2017 06:35:51 PM
...."It has been a challenging year for Next and the remuneration outcomes for the directors have reflected this," she said. Companies are coming under increasing pressure from institutional investors to limit executive pay - particularly when profits have disappointed or the share price has underperformed. ...
How much uncertainty can business take? image
Source : BBC [Read Article] Tuesday 18th of April 2017 01:57:40 PM
.... . "A snap election does potentially open the door to some market volatility in the coming months, though investors shouldn't let their investment decisions be dictated by swaying polls," he explained. ...
Goldman Sachs and Bank of America see profits jump image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:54:29 AM
Pound soars and FTSE 100 tumbles after election announcement image
Source : BBC [Read Article] Tuesday 18th of April 2017 07:58:19 AM
...."That would be welcomed by financial markets," he added. However, Neil Wilson, of ETX Capital, said: "For investors [the snap election] adds another layer of complexity to an already uncertain picture for UK and European assets. ...
Netflix says opportunity 'gigantic' despite slowing growth image
Source : BBC [Read Article] Monday 17th of April 2017 09:40:50 PM
....As ever, Wall Street is obsessed with user growth above almost any other metric a technology company can offer. Netflix didn't add as many new users in the last quarter as investors had been expecting, both in the US and internationally. ...
Netflix looks beyond US as competition mounts image
Source : BBC [Read Article] Monday 17th of April 2017 01:51:31 PM
.... . Analysts and investors will closely watch its subscriber growth when results for the most recent quarter are released later on Monday. ...
Should you resist Lisa … out to lure you into saving for a property or retirement? image
.... This isn’t just the government taking back the bonus, but a bigger slice of your savings. “The fact that both the exit charge and bonus are set at 25% could disguise the penalty – there needs to be clear warnings to investors to spell this out,” says Kerry Nelson of independent financial advisers Nexus. ...

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