Sports business in 2019: Industry insiders pick the trends that defined the year December 15, 2019 Izzy Wray, consultant in Deloitte’s Sport Business Group Women’s football The growing popularity of women’s football has been one of the defining sports trends of 2019. The Women’s World Cup smashed TV audience records, with a reported 1bn people watching it worldwide and over 28m people tuning in to the tournament on the BBC. Numerous [...]
UN climate change summit opens in Madrid amid last chance warnings December 2, 2019 The UN Climate Change conference is underway in Madrid, as governments come together to take the next steps in the climate change process. Against a backdrop of a year of especially severe weather, the two weeks of talks offer delegates the chance to resolve outstanding issues from the Paris accord, such as rules for carbon [...]
UK’s richest men back London firm that harvests energy from footsteps May 28, 2019 The UK’s richest men have thrown their support behind a technology which transforms footsteps on a pavement into electricity. Hinduja Group, run by brothers Sri and Gopi Hinduja who topped the Sunday Times Rich List earlier this month, is supporting a £5m fundraise by Pavegen. The company’s pavement slabs transform the kinetic energy from footsteps [...]
Coke frightens Monster with plans to launch Coca-Cola Energy drink November 8, 2018 Coca-Cola plans to launch a new line of energy drinks under its Coke brand, putting it in direct competition with Monster, in which it owns a 17 per cent stake. The drinkmaker told Reuters that Coca-Cola Energy and Coca-Cola Energy No Sugar will be made with natural caffeine and guarana extract. However, it did not [...]
Queen’s Birthday Honours: the full 2021 list June 12, 2021 Below the full list of names for this year ORDER OF THE BRITISH EMPIRE Knights Grand Cross of the Order of the British Empire (GBE) The Rt. Hon. Frederick Richard Penn Curzon, The Earl Howe. For political and parliamentary service. (Amersham, Buckinghamshire) ORDER OF THE BATH Knights Commander of the Order of the Bath (KCB) [...]
Fevertree Drinks shares worth £36 despite sell-off July 24, 2019 By Graeme Evans from interactive investor. Slower growth is never good news for highly-rated stocks, but Fevertree still has plenty of fans. Runaway success stories like Fevertree Drinks (LSE:FEVR) don’t come around often, which is why yesterday’s latest slide for the AIM stock should alert investors to a potentially enticing entry point. The sky-high valuation has weakened considerably since early [...]
Costa sold to Coca-Cola: Here’s how the City reacted August 31, 2018 Coca-Cola is buying Britain's biggest coffee chain Costa in a deal valued at a whopping £4bn. Following this morning's surprise announcement, City analysts were quick to react. The high price paid, the opportunities for expansion, and the future of Whitbread all came under the microscope. Here's a few of the talking points. A coffee battle [...]
Raising the standard: The male business chiefs helping the drive for gender equality May 20, 2019 Not all business leaders are joining the battle for gender equality. As more women are being pushed up the corporate ladder and trained for senior roles, some male chief executive officers (CEOs) privately admit to feeling belittled, excluded and minimised. They complain that “you can’t say what you think anymore” and it’s “PC gone mad.” [...]
Pepsico marketing push sends beverage sales fizzing in key North American market October 2, 2018 Pepsico beat analysts’ expectations as net income grew 16 per cent year-on-on year to $2.5bn (£1.9bn) in the company’s third quarter. Its fortunes were spurred by 2.5 per cent organic growth in the company's North American beverages division, after outgoing chief executive Indra Nooyi refused to countenance a spin-off of the business in her time in charge. [...]
PepsiCo buys SodaStream for $3bn August 20, 2018 PepsiCo has agreed to buy Israeli drinks firm SodaStream for $3.2bn (£2.5bn), in a sign that the company intends to persist with its healthy product ambitions amid the departure of its long-reigning chief executive. The landmark deal comes several weeks after PepsiCo boss Indra Nooyi said she would step down after 12 years of leading [...]