Tencent to take 10 per cent stake in Universal Music

Tencent is to take a 10 per cent stake in Universal Music, which represents, artists from The Beatles to Taylor Swift, making their attempt to broaden its reach in the global music industry. French Media Conglomerate Vivendi Universal’s owner said  it was in talks to sell the stake to Tencent in a deal that would…

Spain’s crisis recovery

Spain took the brunt of the 2008 financial crisis as overnight the money dried up and the country’s speculative housing boom imploded prompting investors to flee. Even banks went to the wall with loss of millions of jobs.  Tobias Buck arrive d in 2012, in the midst of country’s devastating financial crisis. Many young Spaniards…

Feeling wealthy very much depending on relativity

A new research by the Institute of Fiscal Studies, based on tax returns submitted between2000-01 and 2015-16, show that people on the highest incomes are increasingly clustered in just a handful of parliamentary constituencies in and around the capital. Half of the top 1 per cent of income taxpayers in the UK live in just…

Weak Pound lifts off services from gloom

According to a  survey of business executive the services sector industries were helped by weaker pound partially offsetting the manufacturing and  construction industries’ woes. The IHS Markit Purchase managers’ index for services rose to 51.4 in July 2019 from 50.2 in June 19, the highest since October 2018. Although service activity grew in July, the…

“Find Your Strength and Sparkle Your Way to the Top”

  Michelle, an American-Italian Diva, is not your average Diva, advices readers to “ Keep Your Shit Together”, “ Give Good Face” and “Be Thankful You’re a Misfit” Michelle Diva’s book give powerful positive and polished tips from her vogueing days in downtown Manhattan clunes in the 90s to her successful career in radio and…

British Airways flight evacuated as white smoke filled cabin

British Airways flight BA 422 which departed from London heathrow at 15:10 BST on Monday and landed in Valencia was evacuated after white smoke filled the cabin shortly before landing. BA apologised to the 175 Passengers , two pilots and six cabin crew on board the aircraft an Airbus A321 and issued a statement saying…

Australia thrash England with 251-run win in the Ashes

Men’s Ashes: First Spacesavers Test, Edgbaston ( day five to five) Australia  284 ( Smith 144, Broad 5-86 & 487-7 dec ( smith 142, Wade 110) England 374 ( Burns 144) & 146 ao (Woakes 37, Lyon 6-49) Australia won by 251`runs go 1-0 up in five-match series. England capitulated to off-spinner Nathan Lyon’s devastating…

Super break and Late rooms snaps and go into administration

Malvern Group  which incorporates Manchester based Late Rooms and York-based Superbreak Mini Holidays, known as Super Break has ceased trading affecting more than 50, 000 travellers. The group said Super Break the hotel-only holidays employing 250 staff, would be cancelled  and people currently on holiday might have to pay again but bookings through Late Rooms…

LSE completes $27bn Refinitiv deal

The London Stock Exchange Group clinched a $27bn refinitiv deal and turn it into a global markets and information powerhouse to rival Michael Bloomberg’s financial data empire. David Schwimmer, an ex-Goldman Sacs American banker and CEO of LSE said he was confident the business would meet the  high expectations set by investors, which have sent…