Berkshire Hathaway “A” shares have officially topped $250,000 February 15, 2017 These shares are so expensive, you need a mortgage just to buy one: last night "A" shares of Berkshire Hathaway, the vehicle founded by legendary investor Warren Buffett, rose above $250,000 dollars for the first time. The company's shares closed 0.8 per cent higher last night, at $250,419. That means shares have surged more than [...]
Think cruises are boring? Try an adventure cruise for cool, trendy people January 16, 2017 Ultimate Yangtze This epic voyage up China’s Yangtze river includes an excursion to see the Three Gorges Dam, an incredible feat of engineering whose infamy is matched only by its grand scale. After that you’ll cruise through the Wu Gorge, known for its forest covered mountains, before heading straight into the Qutang Gorge, the shortest, [...]
Morrisons (MRW) share price fell this morning after it reported strong profit and sales growth – here’s how City analysts have reacted March 9, 2017 Shares in Morrisons dipped by 4.6 per cent at the open, after the supermarket reported annual profit and sales growth for the first time in four years this morning. Turnover was up 1.2 per cent to £16.3bn, while profit before tax rose by 49.8 per cent, to £325m, signalling that chief executive David Potts' turnaround is [...]
Trump Temptations: The Billionaire & The Bellboy – Donald Trump wins new fans as erotica novel climbs Amazon’s bestseller charts January 29, 2016 Presidential hopeful Donald Trump is riding high on the literary charts as the star of a new erotic bestseller. The unlikely sex symbol, who is best known for, um, erecting hotels across the world, has won over legions of new fans as the titular hero of Trump Temptations: The Billionaire & The Bellboy. First published [...]
Amazon UK managing director Christopher North ditches internet giant for stationery brand Shutterfly March 18, 2016 Amazon UK's top executive Christopher North has ditched the online retail giant for digital photo company Shutterfly. North has been at Amazon since 2006, rising to the post of managing director of its UK operations. Shutterfly has revealed that North is set to take the role of president and chief executive of Shutterfly on May 31 – and the [...]
Amazon is going to lease Boeing planes in move to set up air delivery network March 9, 2016 Amazon.com is going to lease 20 Boeing aircraft as the online retailer makes a move toward setting up its own air delivery service. The online giant is going to lease Boeing 767 freighter aircraft, according to Air Transport Services Group (ATSG), and comes as the company has been testing drone deliveries. Amazon currently relies on [...]
Amazon to create 1,000 new jobs in Manchester with launch of new fulfilment centre March 9, 2016 Amazon is creating 1,000 new jobs in Manchester, with the launch of a new fulfilment centre opening this autumn. The etailer said it would be recruiting for a range of positions, including operations managers to engineers, HR and IT roles to associates. It follows an announcement last month that it was creating a new hub at Coalville, Leicestershire, in [...]
Shoe Zone’s sales slip January 11, 2017 Budget shoe retailer Shoe Zone reported a drop in revenues this morning after a period of shutting down its loss-making stores. In its full-year results – covering the year to 1 October 2016 – Shoe Zone said its revenues fell 4.2 per cent to £159.8m from £166.8m the year before. Profits were relatively flat, increasing [...]
Bill Gates and top investors want to fight climate change with $1bn cleantech fund December 12, 2016 Bill Gates and several other top investors are planning to launch a billion dollar fund to plough into companies innovating in the energy space in the fight against climate change. The Breakthrough Energy Ventures (BEV) fund is also backed by venture capitalists John Doerr and Vinod Khosla of Kleiner Perkins Caufield & Byers and Khosla Ventures, respectively. Read more: [...]
Digital challenger bank Monzo’s just raised millions more and plans fresh crowdfunding February 23, 2017 Digital challenger bank Monzo has landed a new multimillion pound round of funding from fresh investors valuing it at £65m. The startup, which is seeking to disrupt traditional banking with online-only services, will combine the investment with a fresh round of crowdfunding following huge demand from private investors last year, totaling £22m. The round was [...]