Eighty-year-old jeweller Settimo MIneo, the new head of The Costa Nostra – The Sicilian Mafia in the Sicilian capital Palermo, who was reportedly elected as Costa Nostra godfather at a Mafia meeting May was arrested by Italian police along with 45 associates. Italian media describe him as the successor to Toto Riina, who died in…
Seven-year-old boy toy reviewer earns $22miilion in just one year on his YouTube Channel – more than double his earnings from 2017. Ryan of Ryans ToysReview has become the world’s highest paid YouTuber this year after creating videos that show him reviewing different toys. His most popular video showing a giant eff containing Pixar Cars…
Anglo-Dutch group Unilever has agreed to pay €3.3bn for GlaxoSmithKline’s consumer nutrition business, spreading their wings in India with malted beverage Horlicks. The deal is likely to be the last major milestone on the Anglo-Dutch giant by its veteran CEO Paul Polman before he retires in January 2019. Unilever fought of tough competition from Nestle…
GlaxoSmithKline has entered into exclusive final negotiations to sell its Indian nutrition business to Unilever ending several months of auction process for the£3.28bn ( $4bn) unit that includes the prized India’s Horlicks malted drink brand. The Anglo-Dutch consumer company beat a rival bid from Swiss food and beverage group Nestle which was eyeing up to…
Bridgewater, billionaire founder Dalio, one of the world’s biggest hedge funds, explains in his book a detailed study of economic history, and make us understand the economic mechanisms that drive big credit cycles. The downside of risks of having significant debts depends a lot on the willingness and ability of policymakers to spread out…
Although shoppers turned out in force in search for bargains, investors are nervous after their shares shed $240bn of value in two weeks. Black Friday came and went (23 Nov) and Cyber Monday is coming on Nov 26) Shoppers are life with little time decide as one of the shopped went for a heavily discounted…
3,000 foreign doctors are being investigated and checked after Zholia Alemi 56, from New Zealand faked her qualifications after dropping out of Uni in the first year and managed to get work in the London and Northern NHS as a psychiatrist for 22 years. She used the “Comonwealth Route” to get a job and faked…
A drone weighing abut 121lbs (55kg) tethered to the ground with a hose, that can wash buildings and fight fires is being developed in Latvia. The Aerones Drone company says it can clean buildings 20 times faster than human beings and fly higher than firefighter ladders can reach. With the advent of 5G mobile connectivity…
Columbia Threadneedle Investments, which owns 7.7 per cent of Restaurant Group said it cannot support the proposed takeover of Asian themes casual dining group Wagamama, because of the high valuation and the economic backdrop. The Restaurant Group, who owns Frankie & Benny’s and Chiquito uinveiled what CEO Andy McCue called a “ Transformational” acquisition of…
Italy has the biggest sovereign debt market in the Eurozone. LSE group is to shift bond trading to Milan ahead of Brexit and lose its status as the first port of call for European governments selling bonds. From 1st of March 2019, only the UK government and UK-based banks will use a London-based arm of…