The owner of Ladbrokes is turning to a former director of rival William Hill as it tries to repair relations with leading investors in the wake of a controversial share sale by its bosses. Sky News has learnt that Barry Gibson, who has chaired Homeserve for almost a decade, is to be the next chairman […]
(Reuters) – Berkshire Hathaway Inc (BRKa.N) on Saturday said its quarterly operating profit rose more than analysts expected, as growth in several business lines offset the drag from trade tensions and tariffs and billionaire Warren Buffett’s inability to deploy the conglomerate’s cash. Berkshire benefited as resilience in consumer spending helped cause U.S. economic growth to […]
DUBAI/RIYADH (Reuters) – Saudi Arabia’s Crown Prince Mohammed bin Salman on Friday agreed that the initial public offering of state oil giant Aramco will be announced on Sunday, five sources familiar with the matter told Reuters. The world’s top oil company will announce its intention to float (ITF) on Nov. 3, the sources added. “The […]
(Reuters) – California Governor Gavin Newsom said he will convene a meeting of Pacific Gas and Electric Co executives, shareholders, wildfire victims, and PG&E’s other creditors in Sacramento next week to speed up the resolution of the bankruptcy case that creates a new entity. The new company can only happen “if we first get out […]
NEW YORK (Reuters) – U.S. stocks rallied to close out the trading week on Friday as the S&P 500 set a closing record for the third time in five days after an upbeat U.S. jobs report and data on Chinese manufacturing eased concerns about slowing global growth. Job growth slowed less than forecast in October, […]
WASHINGTON (Reuters) – Proxy adviser Institutional Shareholder Services Inc on Thursday sued the U.S. Securities and Exchange Commission over guidance aiming to clarify how investors and firms that vote on their behalf should cast their ballots in corporate elections. The guidance, issued in August, addresses some of the grievances U.S. corporations have long had about […]
(Reuters) – Alphabet Inc-owned Google will buy Fitbit Inc for $2.1 billion, as the biggest Web search company looks to take on Apple and Samsung in the crowded market for fitness trackers and smart watches. Google said on Friday that it sees an opportunity to introduce its own wearable devices and invest more in digital […]
Complaints about Irish phone operators have almost doubled over the last 15 months, new data from the telecoms regulator shows. The number of complaints from frustrated mobile and home broadband customers rose by 83pc over the last “five quarters” as operators battle to upgrade networks and billing systems and try out new services. Among mobile […]
LONDON (Reuters) – Shares globally were just 2.5% short of an all-time high on Friday, as a surprise bounce in Chinese manufacturing and some reassuring U.S. jobs numbers eclipsed a blizzard of otherwise sickly global data. Reports of more U.S.-China trade difficulties, impeachment strains on Washington, the first day at the ECB without Mario Draghi […]
If you're planning on watching the rugby early doors tomorrow, you won't need to wake up a second earlier than needed to get the game snacks sorted, as McDonald's has just announced that it's offering free delivery on all McDonald's breakfast orders. To coincide with the Rugby World Cup tomorrow (Saturday 2 November), the fast food […]