Ted Baker appoints new chief executive amid coronavirus crisis March 30, 2020 Embattled fashion chain Ted Baker has appointed a new chief executive as the retailer battles the challenges caused by the outbreak of coronavirus. Acting chief executive Rachel Osborne will take on the role on a permanent basis, the company announced this morning. The former Debenhams finance chief took the reins in December when Lindsay Page [...]
Bitcoin is a game of musical chairs – and the music is stopping August 27, 2020 This headline might be the single most bullish news story for Bitcoin this year: “MicroStrategy® (Nasdaq: MSTR), the largest independent publicly-traded business intelligence company, announced that it has adopted Bitcoin as their Primary Reserve asset, purchasing 21,454 bitcoins for $250 million.” What it means is that 0.1% of all seats in this game have just [...]
Domino’s hopes for slice of luck with fourth finance chief in four years October 10, 2018 Domino’s has appointed its latest finance chief, David Bauernfeind, who becomes the fourth person in four years to hold the position. The pizza company had already appointed Bauernfeind as its interim chief financial officer after his predecessor, Rachel Osborne, left for struggling high street retailer Debenhams in June. Read more: Domino's franchisee boosted as Russia [...]
European investment takes bite out of Domino’s Pizza first half profits August 7, 2018 Takeaway giant Domino's Pizza profits cooled down in the first half as costs investing in new markets in Norway and Sweden took a bite out of earnings. Its shares experienced a double digit loss in the morning, shedding 10 per cent as it revealed its falling profits. The figures Statutory profit before tax lost 9.7 [...]
Shell unveils plan to become a net zero emissions firm by 2050 April 16, 2020 Oil giant Shell has become the latest supermajor to announce plans to become a net-zero energy emissions business by 2050. The firm’s announcement follows similar decisions by rivals like BP, but comes as the oil and gas sector faces its biggest challenge in decades due to the coronavirus-driven collapse of oil prices. The company said [...]
The Crypto Circus: Has the DeFi Carnival Begun to Pack Up it’s Tents? (Part 3) September 15, 2020 If there is one thing for sure, nothing in crypto moves slowly. Everything happens at breakneck speed: The booms AND the busts. DeFi is not an exception – It’s just another iteration that proves the point. As of this article’s publication, there is some $8.26Bn worth of ETH locked up in various DeFi projects. And [...]
Coronavirus: A lockdown exit strategy to save the economy April 20, 2020 Releasing people aged 20-30 years-old who no longer live with their parents could provide the first step out of lockdown in the UK, researchers suggest. The strategy could help policymakers to balance the health risks associated with COVID-19 and the need to avoid an “extraordinary recession”. The UK is currently locked down in an attempt [...]
Coronavirus: How safe is it to order takeaway food in lockdown? June 5, 2020 Restaurants have started pivoting to takeaway services amid the pandemic to stay afloat as normal service will only be able to resume, in some capacity, in July. The government has not ruled out restaurants from offering takeaway services and last month issued guidance. We look at how safe it is to order takeaway food and [...]
Asset manager Schroders cuts jobs in restructuring drive December 5, 2019 Asset manager Schroders is embarking on a restructuring drive that will place more emphasis on growth areas including private assets and wealth management but will lead to job cuts. The restructuring effort could lead to around 200 job cuts globally, Reuters reported, citing a source familiar with the matter. Read more: AJ Bell fears ‘domino [...]
Coronavirus shows the value of circuit breakers April 6, 2020 Market volatility is back with a vengeance. We’ve not seen this level of trading activity since 1987 and it has presented fresh challenges to global markets. Back in 1987, the trading infrastructure failed to cope, and the collapse of equities overwhelmed the trading communication systems of the time, which caused outages and left orders unfinished. [...]