DEBATE: Should we really be that excited about the launch of 5G? May 31, 2019 Should we really be that excited about the launch of 5G? Leon Emirali, an entrepreneur and investor, says YES. 5G is well worth the wait. While there is no doubt that extra-fast internet speeds will be welcomed by consumers, we must look beyond our own mobile devices to see the real benefits of the 5G revolution. [...]
Yacht a result: Smooth sailing for luxury manufacturer Princess as it cruises to record results May 31, 2019 Britain’s biggest luxury yacht maker has steamed ahead of its rivals over the last year, enjoying record turnover and profit. Read more: Yacht the hell? Lack of interest sinks London boat show Princess Yachts enjoyed a 24 per cent rise in turnover to £340m and a 178 per cent rise in operating profit to £30m for [...]
London business confidence falls in May as Brexit chaos continues May 31, 2019 Business confidence in London fell nine points in May to 10 per cent, according to a study published today. Companies in the London region reported lower confidence in their business prospects, with a 12 point fall to 16 per cent, the report from Lloyds Bank showed. London firms’ hiring intentions showed a net balance of [...]
England show all the strings to their bow as they open the World Cup with dominant win over South Africa May 30, 2019 They waited a long time for the tournament to start, but when it finally did England did not disappoint. The hosts may not have produced their trademark – the gigantic total compiled through aggressive, explosive batting – yet, in a way, this was better. As the world’s best one-day international side for some time, we [...]
Activist Icahn sues Occidental over ‘misguided’ $55bn for rival Anadarko May 30, 2019 One of the world’s most famous activist investors is suing Occidental Petroleum over its $55bn (£44bn) takeover of rival Anadarko claiming the bid was too expensive, it was revealed today. Carl Icahn, who has a $1.6bn stake in Occidental, said it should have looked to sell itself instead. Read more: Chevron drops out of $38bn [...]
HSBC planning to cut hundreds of jobs in global banking and markets division amid cost-cutting drive May 30, 2019 HSBC is gearing up to cut hundreds of jobs in its investment banking division as part of a cost cutting drive. Read more: HSBC set to expand number of retail wealth division staff At least 500 people at the bank could lose their job within global banking and markets, but formal numbers have yet to [...]
Monsoon Accessorize landlords ‘call for stake’ in retailer as CVA approaches May 30, 2019 Four property giants have reportedly offered to support a financial restructuring at troubled fashion retailer Monsoon Accessorize – but only if it gives them an equity stake in the firm. Read more: Retailer Monsoon Accessorize 'plans to close dozens of stores' across UK British Land, Hammerson, M&G Investments and Roubaix Group have teamed up to [...]
Horse Racing Betting Tips: Stop fooling around and stick with Sir Dragonet in the Investec Derby May 30, 2019 ONCE again, trainer Aidan O’Brien appears to hold all the aces when it comes to tomorrow’s Investec Derby (4.30pm) as he bids to land the world’s most famous Flat race for a seventh time. The likes of Japan, Anthony Van Dyck and BROOME have all held prominent positions in the ante-post lists over the winter, [...]
Horse Racing Betting Tips: Rab looks like Havlin the time of his life after Mehdaayih wins May 30, 2019 DECISIONS, decisions, decisions. At Epsom’s Breakfast With The Stars event last week, Frankie Dettori said he would wait for as long as he could before deciding who he would ride in today’s Investec Oaks (4.30pm). Earlier this month, in the Cheshire Oaks, the Italian partnered Fanny Logan over stablemate MEHDAAYIH, but he was left toiling [...]
Horse Racing Betting Tips: Back Spencer to Jaz things up for O’Keefe in handicap May 30, 2019 EPSOM handicaps are notoriously difficult puzzles to solve and today’s Investec Wealth & Investment Handicap (3.45pm) is no different. Roger Varian has landed two of the last five renewals and his Mountain Angel is bound to be popular having won over course and distance back in April. He is respected but is now up to [...]