Boots buys into Latin America August 12, 2014 ALLIANCE Boots said yesterday it had made its first foray into Latin America, after completing its acquisition of pharmacy chain Farmacias Ahumada. The company, which revealed its full merger with US giant Walgreens last week, said the Santiago-listed group comprised of two main businesses in Mexico and Chile which together operated more than 1,400 stores, [...]
As Apple’s iPhone 6S lands will mobile payments change the way we live? December 11, 2015 Today’s smartphones can do incredible things. Need a ride around London? Just tap the Uber app. Fresh flowers or food from a local restaurant delivered straight to your door? Try Bloom & Wild or Deliveroo. These apps are fantastic, but there's a new smartphone feature set to fundamentally revolutionise the high street and how [...]
Battersea Power Station gets boost from £1.35bn syndicated debt facility and more sets of boots October 28, 2014 The Malaysian housing minister, Abdul Rahman Dahlan, led a group of visiting bankers from his country in donning steel toe boots, hard hats and goggles yesterday, as the group made their way up to Battersea Power Station’s Control Room, via some nerve-wracking metal stairs, to sign the closure of a £1.35bn syndicated debt facility to [...]
Lewis Hamilton turned away from Wimbledon final for not wearing a jacket and tie July 12, 2015 Lewis Hamilton was refused entry to Wimbledon's Royal Box today for breaching the dress code. Read more: Djokovic wins richest ever final over Federer The reigning Formula 1 world champion was invited by the All England Lawn Tennis and Croquet Club to the men's singles final but failed to turn up with the necessary jacket [...]
FT getting silly with Nikkei deal July 23, 2015 UNSURPRISINGLY, it was a slow morning at the Financial Times’ office yesterday. While FT owners Pearson were deep in talks with international publishing houses Axel Springer and Nikkei over selling the rag, hacks took the opportunity to cause some minor mayhem in the financial world. The FT’s Alphaville is usually a useful tool for opening [...]
South London commuter misery as Kennington “river” and Elephant & Castle roadworks combine to create travel chaos June 30, 2015 South London commuters faced another morning of misery as yesterday's burst water main in Kennington and ongoing road works combined to create travel chaos. Routes around Stockwell, Vauxhall, Elephant & Castle, Camberwell, Peckham, Borough and – of course – Kennington itself have been “curtailed”, TfL said. https://twitter.com/TfLTrafficNews/status/615784044253478912 Those buses that did make [...]
Alternative lenders are a blessing, not a curse, for the retail banking market September 10, 2015 The dominance of the big banks is under threat. A study released this week by the University of Edinburgh Business School, conducted among 200 of the world’s top global experts in credit, has found that three-quarters believe alternative lenders pose a real challenge to banks and traditional lenders. The findings are echoed by a report [...]
5 the war on cash July 15, 2015 Transport With apps like Uber, cashless buses and contactless payments on the Tube, public transport is practically a note-free zone already. The London Underground has had NFC technology since the introduction of the Oyster card, which means it’s Apple Pay ready. Retail Many high street retailers have jumped onto the contactless bandwagon in recent years, [...]
Greek crisis: Euclid Tsakalotos sworn in as new finance minister July 6, 2015 Euclid Tsakalotos has been sworn in as new Greek finance minister following the resignation of Yanis Varoufakis. The oxford-educated economist was sworn in by Greek president Prokopis Pavlopoulos this evening meaning he can attend tomorrow's crucial Eurogroup meeting. Read more: Here's everything we know about Euclid Tsakalotos Tsakalotos takes on the role from his previous post as [...]
Twitter’s share price jumps as co-founder Jack Dorsey buys $875,000-worth of Twitter shares August 10, 2015 Twitter's share price has leaped this afternoon as it emerged that co-founder Jack Dorsey acquired nearly 32,000 shares in the social media giant last week. On Friday Dorsey, who is interim chief executive and chairman, bought 31,627 shares in the company he set up, according to SEC filings. Director Peter Currie also bought several [...]