Warren Buffet world’s fourth richest person is donating $3.6 million worth of his company Berkshire Hathaway’s stock to five charities which includes Bill & Melinda Gates Foundation, a charity run by his friend and Microsoft co-founder Bill Gates and hsi wife. This brings the total amount of stock he’s given the foundations to about $34billion…
Category: Business
Beijing’ second international airport shaped like a starfish has been completed after five years of construction. The new airport will be able to handle 72 million passengers a year by 2025, and 100 million by 2040. The building was designed by Anglo-Iraqi architect Zaha Hadid, who died in 2016. Vijay Mallya get permission to appeal…
Vijay Mallya had been granted permission by a London court to appeal the UK’s decision to extradite him to India. There’s a “real risk” that political pressures “ will undermine the fairness of any trial”. Mallya said He also claimed that Barrack 12 of Mumbai’s Arthur Road Jail is “unbearably hot in the summer” and…
Sanjeev Gupta’s Liberty Steel has completed its €740m acquisition of Arcelor Mittal’s European assets, which has a rolling capacity of over 10m tonnes a year. The deal turns Liberty, the industrial and metal s UK company into one of the largest steelmakers globally after an aggressive buying spree. Now Liberty owns seven steelworks employing 14,…
Ahren, an innovative fund backed by eight of Cambridge’s best known scientists and engineers, has raised £196m ( $250m) to invest in companies aiming to create new technologies with large market potential. The scientists hope the fund will help to ease the shortage of capital for innovation start-up companies in the UK. the range of…
The National Health Service opened the UK’s first ever cannabis treatment clinic in response to alarming levels of “skunk” induced psychosis, as tens and thousands of people are affected. Users of skunk, in the potent form of cannabis, are displaying symptoms of psychosis according to the psychiatrist leading the pilot clinic based in King’s College…
The US President Donald Trump meets Kim Jong-un and agree to try to resume stalled nuclear talks by crossing into Panmunjom, North Korea, the so-called truce village inside the border zone, where negotiations between North and South Korea have often taken place. The first meeting between two leaders since their failed February 2019 Summit in…
Best Luxury Golf Resort Worldwide 2019 – Trump International Golf Links and hotel Doonbeg – Ireland. The International Hotel and Property Awards 2019, held on 28th June 2019, 5Star hotelThe Grand Hotel Quisisana, Capri, Italy, just few steps from Capri’s central Piazattetta. Best Luxury Hotel Worldwide 2019 –Atlantis Palm Dubai Best Luxury Golf Resort…
Sir Jonathan Paul Ive (Jony Ive), the British born industrial designer who created the first iPhone, The MAC, iPod, and turned a faded Silicon Valley giant into the world’s most valuable company, will leave Apple this year after more than two decades to start his own design company after nearly 30 years with the tech…
The Danish billionaire family that controls the Lego Toy firm, with other investors is paying £4.8bn for Merlin, by snapping up Legoland and Madame Tussauds owner Merlin Entertainments. Kirkbi Invest says it has the money and experience to “release the company’s potential to grow”. Merlin also owns the London Eye, Alton Towers and Chessington Adventures.…