LV snubs insurance rival Royal London to begin exclusive takeover talks with private equity firm Bain Capital By Lucy White For The Daily Mail Published: 21:51 BST, 2 October 2020 | Updated: 21:51 BST, 2 October 2020 Takeover talks: LV said discussions with Bain are ongoing but there is no guarantee that a deal will … Read more
Billionaire investor Nelson Peltz snaps up stakes in asset managers Janus Henderson and Invesco By Daily Mail City & Finance Reporter Published: 21:51 BST, 2 October 2020 | Updated: 21:51 BST, 2 October 2020 Veteran investor Nelson Peltz has snapped up stakes in asset managers Janus Henderson and Invesco in a bid to shake up … Read more
Asda back in British hands: UK’s third biggest supermarket chain vows to cut prices after £6.8bn takeover by Issa brothers By Tom Witherow For The Daily Mail Published: 21:51 BST, 2 October 2020 | Updated: 21:51 BST, 2 October 2020 Asda vowed to cut prices after a £6.8billion takeover by two brothers from Blackburn took … Read more
President Trump’s Covid-19 diagnosis sent jitters through the global markets as investors worried that the US presidential election was about to get even more uncertain. As London-based traders woke up to the news that Trump and his wife Melania had both tested positive for the virus, the FTSE 100 dipped 1.2 per cent in early … Read more
DIRECTOR DEALS: Boss of Anglo American’s platinum division flogs almost £800,000 worth of shares By Daily Mail City & Finance Reporter Published: 21:50 BST, 2 October 2020 | Updated: 21:50 BST, 2 October 2020 The boss of Anglo American’s platinum division has sold £800,000 worth of shares. Natascha Viljoen sold 42,000 shares for 1889p each … Read more
Could your town be home to the next big ‘retirement village’? Axa-backed developer on the hunt for 30 new sites with Chelmsford, Marlow and Walton-on-Thames in its sights Axa-backed Retirement Villages Group says demand will surge in next decade Group is on the lookout for sites with a minimum of 1.5 acres, it said today … Read more
Ryanair loses legal bid against travel restrictions imposed by the Irish Government as a result of Covid-19 Ryanair claimed the travel restrictions imposed were ‘unlawful’ Mr Justice Garrett Simons today ruled that the Government had ‘acted lawfully’ By Jane Denton For Thisismoney Published: 10:18 BST, 2 October 2020 | Updated: 10:48 BST, 2 October 2020 … Read more
Cazoo sees an acceleration in trading as car sales go online: Website valued at £2bn after surge in business during virus crisis By Daily Mail City & Finance Reporter Published: 21:53 BST, 1 October 2020 | Updated: 22:07 BST, 1 October 2020 An internet marketplace for used cars has been valued at £2billion after seeing … Read more
Ocado shares went on a roller-coaster ride yesterday as the online supermarket was accused of stealing robot technology from a Norwegian company. The shares had been in positive territory until around midday, when Autostore launched a scathing public attack. The business revealed a lawsuit against Ocado in the UK and US, which alleges that its … Read more
Rolls-Royce shares have collapsed from a peak of ten pounds two years ago, when order books for the Trent 1000 engine were overflowing and global air travel expanding exponentially, to just above one pound. The value destruction is among the most pernicious commercial impacts of coronavirus. Instead of guiding Rolls-Royce ever higher, chief executive Warren … Read more