Susie Wolff interview: Venturi team boss on life in Formula E, increasing women’s participation in motorsport and competing against husband Toto next season May 15, 2019 Five years ago, Susie Wolff made history by becoming just the sixth woman to be involved in a Formula One grand prix weekend, and the first since 1992. Today, the Scot is continuing to help break down gender barriers in motorsport, although now she is doing so as a team principal, in charge of Venturi, [...]
Judge dismisses appeal over $210m Gauguin painting deal May 15, 2019 Swiss art collector Ruedi Staechelin has lost his appeal to avoid paying a $10m (£7.77m) commission fee to Simon and Michaela de Pury for their role in the sale of one of the world’s most expensive paintings. Staechelin sold Paul Gauguin’s ‘When Will You Marry?’ to the Emir of Qatar for $210m in 2014, using [...]
OnePlus 7 Pro review: OnePlus went all out on its first super-premium phone, and created something incredible May 15, 2019 OnePlus takes the war on bezels very seriously. Having valiantly whittled down the notch of last year’s OnePlus 6T to a single-lens nipple-nubbin, zealous OnePlus engineers have obliterated it completely in the newly launched OnePlus 7 Pro. Announced this week, the company’s very first premium, no-holds-barred flagship is nothin’ but screen – top to bottom, [...]
EU officials mulling post-Brexit financial reforms May 15, 2019 European officials have reportedly drawn up draft plans for a major raft of financial regulations post-Brexit. Read more: Brexit party dominates EU election vote poll as Tories lag behind According to Reuters, the European Commission has composed a 12-page document setting out the body’s plans to speed up banking measures in what looks set to [...]
Specialist lenders One Savings Bank and Charter Court both boost loan books ahead of merger May 15, 2019 Challenger banks One Savings Bank and Charter Court have both reported loan book growth ahead of their proposed merger. One Savings Bank reported five per cent loan book growth to £9.4bn in the first quarter of the year, due to strong commercial and residential lending. Read more: One Savings Bank and Charter Court confirm £1.6bn [...]
Moss Bros gears up for crucial summer season after sales bump May 15, 2019 Moss Bros started 2019 with a bump in sales, the men’s tailoring giant revealed today, as it looks to recover from a spate of profit warnings in the upcoming summer selling season. The menswear firm, which was founded in 1851, reported a 1.5 per cent rise in total sales for the business from the end of January to [...]
Marston’s cheers rise in profits after strong easter May 15, 2019 Pub giant Marston’s posted a bump in underlying revenues and profits today, as a strong Easter showing bolstered the group’s half-year trading performance. Shares in the brewery giant, which operates more than 1,500 pubs in the UK, rose five per cent in late-morning trading. Read more: Pub operator Ei Group’s profits rise thanks to drinks [...]
Bank of England warned prosecutors against charging Barclays over controversial Qatar payments May 15, 2019 The Bank of England warned fraud prosecutors against charging Barclays over Qatar payments made at the height of the financial crisis, it has emerged. The Bank’s top regulator Sam Woods told the Serious Fraud Office in 2017 that criminal charges could pose a threat to Barclays’ safety and soundness, the Financial Times reported. Woods, [...]
London-listed Tharisa hit by South African power outages May 15, 2019 Markets seemed to reward miner Tharisa today despite what on the face of it looked like a poor set of results as the company worked to reconfigure a mine and battled South African power shortages. The figures Production of platinum-group metals (PGMs), which include rhodium and palladium, dropped 12.2 per cent to 67,600 ounces in [...]
Ocean Outdoor revenue jumps after string of acquisitions May 15, 2019 Outdoor advertising firm Ocean Outdoor has posted a double-digit rise in revenue for the first quarter, boosted by recent acquisitions. Read more: Ocean Outdoor profits rise amid expansion plan The London-listed company reported a 14 per cent rise in revenue to £18.6m in the first three months of the year, as it ploughed on with [...]