Unilever picks Rotterdam ahead of London for the corporate base, but Unilever shares were unaffected in early trade and 7,300 UK workers would be unaffected by the changes and its personal care and home care divisions will continue to be based in London. Marijn Dekkers, the Chairman, said the changes would strengthen Unilever’s corporate governance…
Pi Day is celebrated on March 14th around the world. Pi the Greek letter π is the symbol used in mathematics to represent a constant – the ratio of the circumference of a circle to its diameter which approximately 3.141592625359. Mathematicians have calculated Pi to over one trillion digits beyond its decimal point. Since 3, 1…
The World’s leading hotels and biggest hotel companies are enjoying rapid expansion, fuelled by record demand, as they are at the crest of an industry boom which has lasted far longer than many had predicted. Several groups including Hilton, Accor, InterContinental and Wyndham are launching new brands and making acquisitions to grow their portfolios. At…
Coinbase, a San Francisco based start-up that is one of the better-known wallet providers and owner of top-10 exchange, has struck a banking relationship with Barclays, beating other UK lenders that had previously shunned cryptocurrencies. Coinbase’s spokesman said that its UK subsidiary had secured a bank account with Barclays, a deal which will simplify deposits…
Stephen Hawking, one of the world’s most celebrated scientists, has died at the age of 76. His children Lucy, Robert and Tim said their “beloved father” and “extraordinary man” has passed away at home in Cambridge. The leading British physicist explained the Universe to millions by being a truly remarkable communicator and ambassador for science. Stephen…
Flight BS211, a Bombardier Dash 8 Q400 turboprop, operated by Bangladeshi Airline US- Bangla, veered off the runway and crashed on landing at Nepal’s Kathmandu airport after a raging fire on Monday afternoon Killing 50 people. Of the 50 people killed, 31 died at the airport and nineteen in hospital according to local police. 22…
The German utility company E-on, is to acquire Innogy, the renewable energy business from its controlling shareholder RWE. Under the deal E-on will focus on providing energy networks and services to retail customers, while RWE will acquire E-on and Innogy’s renewables business and take a 16.7 per cent stake in E-on. E-on will acquire RWE’s…
Saudi Arabia is to buy 48 Typhoon fighter jets from BAE Systems for £ 5bn, at the end of Crown Prince Mohammed bin Salman’s UK visit, raising hopes of completing a long-delayed multimillion-pound deal, with the signing of the memorandum of intent, when he met Gavin Williamson, the UK defence secretary. BAE shares closed up…
An FBI $50m sting, reveals an illicit network stretching from the Caribbean to Budapest, a Picasso, all helped bring down Beaufort Securities. US Department of Justice accused the English broker of money laundering and stock manipulation. A statement from the UK’s financial regulator at 7 am last Friday, that told Beaufort Services was insolvent. The…
The world is changing faster now, in 1958 an average lifespan of a company was 60 years and now the lifespan is less than 20. Bestselling science writer Leonard Mlodinow, we are going to need less linear, logical analytic reasoning and more creative “elastic thinking”. We should be allowing more ideas to emerge bottom-up from…