Hong Kong Exchange and Clearing is “open to considering” a higher cash contribution on its earlier offer of £32bn which received a cool reception from investors and UK bourse. The LSE struck its own big deal last month with the $27bn acquisition of data and trading company Refinitiv describe the HKEX bid as “unsolicited, preliminary…
Category: Business
Bovis Homes has returned to its proposal to buy Galliford’s housing business Linden Homes and its partnership and regeneration units with a revised £1.1bn offer. The earlier offer was for £1.05bn including debt in May 2019. Bovis itself posted record pre-tax profit of £72.4m for the first six months of the year, up from £60.2m…
Nearly 3 million people in UK uses Vaping and e-cigarettes, which is inhailing a mix of nicotine and heated oil which is often seen as an alternative to smoking which can help you quite but its safety is still very much in the dark. In the US however, the potential risks are in the…
Willie Walsh CEO of British Airways’ parent IAG, is facing grilling by investors over the handling of a 48-hour pilot strike which wipe out more than £80m from profits of the UK’s largest airline. British Airways which was forced to ground 800 flights yesterday, will be under pressure to do the same today as walkout…
Chelsea Brownridge (34) owner of a six-year old terrier mix came up with an idea – a high-tech, Pay-as-you-go-dog kennel – in effect a canine capsule hotel. Nobody like to leave the dog you love alone “ I could not leave him or tied up outside places as he could get upset. I was worried…
ISRO said on Saturday it had lost communication with its Vikram lander 1.2miles before touchdown on the moon’s south pole. The complex £114m mission involved carrying out a soft landing with a rover vehicle to search for signs of water. India would have become only the fourth country to land a vessel on the lunar…
A simple white tag that would go on any garment letting consumers know that it had been under humane conditions an idea by a Chicago-based activist, Florence Kelley proposed in 1899, pushing cruelty out of the clothing supply chain. It is a pity her idea didn’t catch on, as it could have saved the world…
The remarkable story one of the world’s most magnificent empires disintegrated and came to be replaced by the supreme act of corporate violence by a dangerously unregulated private company based thousands of miles away and answerable only to its shareholders. The East India Company, a joint stock organisation founded by a motely bunch of explorers…
Audemars Piguet’s new presence in London’s Bond Street with brass plague and a small flag is tapping into the value of discretion that is inherent in the concept of luxury, like a private member’s club than conventional watch shop. Wealthy customers invited to the venue for dinner and drinks will find plasma screens and deep…
Porsche which took 10 per cent stake in Rimac Automobil, the Coratian electric car group has raised its holdings to 15.5 per cent stake to push into battery technology. Rimac builds its own cars but also supplies battery and hybrid technology to high-performance car makers across the industry. The German brand plans to spend €6bn…