Steel crisis: Business secretary Sajid Javid flies to Brussels for OECD and Belgian government-convened oversupply summit tomorrow April 17, 2016 Business secretary Sajid Javid will travel to Brussels today ahead of the latest summit to address oversupply in the global steel industry. The full-day meeting, convened by the Organization for Economic Cooperation and Development (OECD) and the Belgian government, will discuss how governments can facilitate "market-driven industry restructuring" and aim to agree on steps to [...]
David Beckham to front new House of Haig whisky campaign for drinks giant Diageo April 14, 2016 Global drinks giant Diageo has confirmed it will launch a new whisky from its House of Haig range later this year with David Beckham once again fronting its brand campaign. The new Haig brand is expected to be appeal to younger drinkers and will be cheaper than the previous Haig Club brand that Beckham fronted for the company in [...]
Megabrew latest: AB InBev woos South Africa with wide-ranging job and investment commitments in bid to push through SABMiller takeover April 14, 2016 Anheuser-Busch InBev has agreed a "groundbreaking" deal ensuring jobs and wide-ranging funding to woo the South African government and push through its megabrew deal. AB InBev, the world's largest brewer, has committed to maintaining its total permanent employment levels in South Africa for a period of five years at the date of closing its takeover of [...]
E-cigarette marketing drawing in young people, University of Stirling study finds April 14, 2016 Enticing marketing campaigns are directly linked to young people taking up e-cigarette "vaping", a new study from the University of Stirling has found. The spike in marketing campaigns of e-cigarettes in shops ties into increased numbers of adolescents reporting they had tried e-cigarettes or intended to try them, researchers found in a cross-sectional study involving [...]
E-cigarettes are “not safe” and damage lungs within minutes, particularly those of asthmatics, according to new study in CHEST Journal April 14, 2016 The mainstream, scientific view that "vaping" is not harmful has been challenged by a new study that has concluded e-cigarettes are "not safe" and cause immediate lung inflammation and damage. The research, from the Hellenic Cancer Society, surveyed 54 cigarette and e-cigarette smokers between the ages of 18-31, half of whom had healthy lungs, while the other had [...]
Asda and Aldi recall white and dark rums over fears of glass fragments in bottles produced by Glen Turner Co April 14, 2016 Bottles of dark and white rums sold in Aldi and Asda have been recalled by the food and drinks watchdog over concerns the bottles may contain "small fragments of glass". The spirits producer Glen Turner Co, which supplies both supermarket chains, has recalled 70cl bottles of rum on a precautionary basis as they pose "a [...]
McDonald’s target private equity firms in Asia as it seeks super size sell-off of 2,800 restaurants April 14, 2016 Global fast food giant McDonald's has begun targeting private equity firms in its bid to sell 2,800 restaurants located in northern Asia. Bain Capital, MBK Partners, TPG Capital Management and the Chinese state-backed conglomerate China Resources (Holdings) are among the firms that have been approached about the buyouts, Reuters reported. The Big Mac maker is serving [...]
Ladbrokes-Gala Coral merger faces delay in provisional decision from Competition and Markets Authority April 14, 2016 The Competition and Markets Authority (CMA) has delayed a provisional decision on the merger of betting giants Gala Coral and Ladbrokes, an industry source has told City A.M. The decision was expected to be announced on 18 April or soon after, but this deadline is now "highly unlikely", according to the source. The final decision on the [...]
Attending live music events could lower your stress levels, scientists find April 13, 2016 If you needed an excuse to head out this week, you might just have found one – attending live concerts can reduce your stress levels, according to new research. Volunteers who went to two music concerts, by the composer Eric Whitacre, saw a reduction in their levels of the stress hormones cortisol and cortisene. Researchers studied [...]
Alcohol guidelines are “inconsistent” and vary widely by country, scientists in the journal Addiction have found April 13, 2016 What in the world constitutes a standard drink? We've all had an over-enthusiastic bartender on a night out pour us a bit more than we would have expected, but scientists trying to work out what amount can be considered average have been just as baffled by the results as the rest of us. According to a [...]