Tesla has hit $100bn for the first time

Elon Musk, the billionaire co-founder of Tesla saw the market value of the electric car maker pass $`103bn, following a three-month rally in which Tesla’s share price has soared 125 per cent, as Donald Trump compared him to US Inventor Thomas Edison, calling him one of our great geniuses.  If the market cap averages $100bn…

Barclays brothers to sell Ritz hotel for £750m to Sidra

Sir David and Sir Frederick Barclay are selling the Ritz hotel for £750m  to Sidra Capital a wealthy Saudi Arabian family investment business. The hotel in Piccadilly, built by Cesar Ritz in 1906, has been popular with stars since the age of Charlie Chaplin and Ballerina Anna Pavlova,  is one of  London’s most coveted property…

Dope dealer jailed for dial-a drug T-shirt

Wajid Hussain (27)  of Bradford, West Yorkshire, a county lines dealer has been caught after he “brazenly” advertised his dial-a-drug business, Naz & Scooby, 4-for 25 alongside side his mobile number on his own T-shirt. Wajid Hussian who sold heroin and crack cocaine for the Scooby network was busted when an undercover cop saw his…

BAE system purchases military GPS business from Collins for £1.46m

BAE System is paying $1.9bn for the GPS for the business of Collins Aerospace, which specialising in GPS receivers for the US military, revealing a renewed sense of direction. This deal will help the military maintain its core competencies of breaking things and killing people. The Unit sold by UTC-Raytheon should be annexed into electronics…

Way forward for 5G networks

A couple of months ago, the heads from 18 small British telecoms companies met at a London bank to discuss investment, strategy, and mergers. In the meeting, they were asked if they thought the Chinese could eavesdrop through back doors in Huawei equipment all 18 hands went up. One of the bankers then asked, if…

Harry and Meghan drop royal duties and HRH titles

The Queen and Buckingham Palace has issued statements following talks between Senior members of the Royal Family to discuss new roles for the Duke and Duchess of Sussex. Queen’s statement in full: “Following many months of conversations and more recent discussions, I am pleased that together we have found a constructive and supportive way forward…

insight into Yoga

The art form of yoga is no longer the preserve for hippies or hip-millennials, as a multi-dollar industry with varieties including hot yoga, naked yoga, beer yoga, and doga have taken over. The Indian spiritual discipline is a £20billion-a-year mainstay of the wellness industry. Shearer reveals a cultural cast of characters past and present in…

Three Thousand Troops Fighting Fires in Australia

  More than 5.9 million hectares (14.7m acres) are affected in the forest fires in Australia and the Queen has sent a message of sympathy and support to the country as at least 24 people have died and more than 1,300 houses have been destroyed. Other countries assisting in fighting the fires includes the US,…

Foxconn to venture in to electric cars

Foxconn, an Apple lead assembler and depends on Apple for 50 per cent of its revenue, is venturing into electric cars with Fiat, Chrysler Automobiles. Hon Hai, Precision Industry, as the world’s largest contract manufacturer is in talks to set up a business the Italian-American carmaker both holding 50 per cent stake, to make cars…