Stephen Schwarzman, a confidant of President Trump and a private equity Billionaire makes the largest ever donation to Oxford University for a new institute that will study the ethics of artificial intelligence. The UK government said it was a “globally significant” investment in Britain. Mr Schwarzman, the CEO of the private equity firm Blackstone, is…
Boeing has received a boots for its grounded 737 Max Jet after AIG, the airline group which owns British Airways signed a letter of intent to order 200 of the planes. The airline group said it was confident that the Boeing planes would return to service in the coming months. Boeing is currently trying…
Facebook to launch digital coin for 2.4billion online users Facebook said it would launch its own digital coin next year, allowing it 2.4 billion users to make payments over the network. Facebook will allow users to change dollars, pounds and other international currencies into crytocurrency called Libra. Facebook says the coins can then be used…
The BBC’s international audience has reached a record high of 426 million a week, according to latest figures released by the corporation. It attracted extra 50 million viewers and listeners over the past year with over 47 million accessing its news service. The Global Audience Measure found the news service reached 50 million in India…
Martin Morris who started collected at the age of five has a collection of 36, 000 Marvel and DC comics. Martin Morris (63) from Newcastle-under-Lyme, Staffordshire, has a 1962 edition that introduced Spider-Man for the first time is thought to be worth over £10, 000. Morris decided to sell them on eBay after having…
Help to Buy was introduced by David Cameron’s coalition government in 2013, with the aim of helping more people to get on the property ladder, instead 63 per cent of people using the Government’s Help to Buy scheme could have purchased their properties without it, and 19 per cent were not first time buyers. According…
America is continent populated by migrants who either displaced or killed the indigenous people and it is interesting historians tell the story of America through a particular movement or group. Joshua Specht examine the industries that helped make America rich and prosperous as well as environmental and political pattern have come back to bite America…
In a further devastating blow to Neil Woodford , Wealth Manager St Jame’s Place has terminated its £3.5bn relationship which has wiped out 40 per cent of Mr Woodford’s asset, who was forced to freeze his flagship fund on Monday to stop investor exodus. St Jame’s Place UK’s biggest wealth manager, with over £100bn under…
According to Forbes’ annual Rich List, Rihanna is the richest female musician in the world with an estimated fortune of $600, ( £471m) with the majority of that coming from her Fenty Beauty range. She’s overtaken Madonna and Beyonce, who previously topped the list. The 31- year-old has been putting her efforts into her beauty,…
Investor exodus including Kent County Council, a longstanding backer asking return of £250m has forced Neil Woodford blocking redemption from his £3.7bn equity income fund after a catalogue of under performance, inflicting serious blow to the reputation of the UK’s highest profile fund manager. The freeze on redemption came exactly five years after Mr Woodford…