An 18th Century Chinese vase , left for decades in a shoebox in France, has been sold for €16.2m (£14.2m) at a Sotheby’s auction in Paris on Tuesday and sold for more than 20 times its estimated guide price -€500, 000 to €700, 000. It’s the highest price ever reached for a single item sold…
Mars the chocolate and pet food conglomerate, is acquiring AniCura, a pet care business, from Nordic Capital. This is the company’s second acquisition in Europe in just days. The deal values the European pet care business to £1.76bn (€2bn). Mars’ petcare division bought UK veterinary group Linnaeus from Sovereign Capital Partners another private equity firm…
Poundworld’s founder has said he is considering buying back some of the discount retailer’s stores after it fell into administration. on Monday with 5, 100 job losses. Christopher Edwards, 67 who started out running a market stall in Wakefield founded the firm in 1974, and sold the business in 2015 for £150m to TPG Capital…
Donald Trump and Kim Jong-un have become the first US president and North Korean leader shook hands at a luxury hotel in Singapore’s Sentosa island before proceeding to talks after a year of exchanging threats. The two leaders walked towards each other and firmly gripped each others hands in front of US and North Koran…
Agro, the Canadian firm, won approval to go public from the UK Listing Authority two weeks ago, wants to “ democratise” the crypto-mining process by which new virtual coins are created by renting out its specialist computing capacity for a monthly fee. The listing could be controversial as crypto-currencies have been linked to organised crime…
Rolls-Royce, the Engineering firm is to cut 4, 600 jobs over the next year as part of a major restructuring. Middle managers and back-office staff are to bear most of the cuts, which are expecting 1, 500 by the end of this year, continue throughout 2019 and the full implementation of 3, 100 job cuts…
Nirav Modi, the Indian Jeweller accused of an alleged |$2bn bank fraud in India, has fled to the UK where he is claiming political asylum, according to officials in both countries. Indian police have been trying to arrest him since February 2018, when news broke of the alleged fraud at Punjab National Bank. So far…
Mr Trump flew in aboard Air Force One, a few hours earlier Kim Jong-un touched down on an Air China 747 which normally carries the Chinese president. An IIyushin transport plane carrying Mr Kim’s armoured limousine, then Mr Kim’s personal jet, a Soviet-era IIyushin 62. Mr Trump went to the Shangri La hotel for about half…
Stem cell research banned in America found its way to low tech labs in India funded by six multi-national Pharmaceutical companies for research into Full body transplant. You have a brain dead body of a 20-year-old with your brain and head.. Imagine the possibilities.