The lawsuit is on: trouble in Mayfair as PRs launch legal attack on business club 12 Hay Hill April 11, 2016 NULL
Volkswagen has become the world’s biggest carmaker January 30, 2017 Volkswagen has overtaken Toyota as the biggest carmaker in the world. Toyota has announced that it made 10.175m cars last year, less than Volkswagen's 10.3m – the first time Toyota has lagged behind its German rival for four years. Read more: Volkswagen shares crash in line with brand woe The Japanese carmaker said its exports to [...]
“Frankly I’m very angry,” says BT boss Gavin Patterson at the end of a tumultuous week January 27, 2017 The accounting scandal plaguing BT’s Italian arm has not spread to other countries, BT’s boss said today, although the firm is considering the future of its overseas operations. BT has had a tumultuous week that kicked off on Tuesday with revelations of a £530m accounting black hole in Italy and a group profit downgrade. Read [...]
Has this UK company been boosted by Donald Trump’s promise to build a wall on the Mexican border? January 25, 2017 US President Donald Trump has reiterated that he will build a wall on America's border with Mexico – and one British company seems to be benefiting. Ashtead Group is leading the FTSE 100, with its share price up by more than three per cent. The company generates 80 per cent of its revenues in the US and rents out industrial [...]
Guy Hands plotting £1.3bn sale of Italian solar power firm March 5, 2017 Terra Firma boss Guy Hands is plotting a £1.3bn sale of Italian solar power giant RTR. Hands is in talks with banks to explore a sale of the Rome-based renewable energy company, the Sunday Times reported. RTR, which was snapped up by Terra Firma in 2011, produces energy for 160,000 families every year through its sites in [...]
The worst or best job in tech? Uber boss Travis Kalanick’s hiring a COO after a terrible month of non-stop troubles March 8, 2017 It could be the best job in tech – working for one of the biggest and most disruptive startups ever, a dream job for any Silicon Valley (and beyond) executive – or the worst. Uber’s recent troubles have spurred under fire chief executive Travis Kalanick to hire a chief operating officer, a number two to [...]
US President-elect Donald Trump nears $20m settlement in Trump University fraud case November 18, 2016 US President-elect Donald Trump is reported to be close to agreeing a settlement of around $20m (£16.2m) in fraud lawsuits connected with Trump University. Lawyers for Trump are dealing with cases brought by former students who claim they were lured by false promises into paying up to $35,000 to learn Trump's real estate investing "secrets" from [...]
Uber is expanding its electric car plans in London to tackle air pollution, with more Nissan Leafs and a network of chargers March 28, 2017 Uber is expanding its fleet of electric vehicles in London in a bid to tackle air pollution in the capital. Another 100 Nissan Leafs will join the 50 already on the road since last summer, while the transport startup will create a network of charging points across the city. Initial analysis of the electric car [...]
A man has been arrested for making racist threats against Gina Miller December 7, 2016 A 55-year-old man has been arrested on suspicion of making threats against anti-Brexit campaigner Gina Miller, it has been reported. The Metropolitan Police said officers from its Falcon Unit arrested the man after detectives were made aware of threats made against a 51-year-old woman from 3 November. Read more: Gina Miller condemns "disgraceful" media coverage [...]
Yahoo would be liable to pay a $198m fine were GDPR already enforced December 19, 2016 At the dawn of the internet, Google and Yahoo were in stiff competition for search dominance. Many think the former’s success was due in part to its name becoming a ubiquitous verb for searching online. But decades on, semantic development has finally caught up with Yahoo. Its name is now synonymous with bad data practice. [...]