Treasure Hunter Freed After Decade for Hiding Gold Coins
Tommy Thompson, 73, released after refusing to reveal location of 500 gold coins from SS Central America wreck. He faces fines and supervised release.
Category : Corporate
Katie Price's Husband Faces Unpaid Dubai Wedding Bill
Lee Andrews, husband of Katie Price, has reportedly failed to settle a substantial wedding bill at Dubai's luxury One&Only Royal Mirage hotel nearly two months after their ceremony, amid ongoing financial and legal controversies.
Media Boss Antony Catalano on Leave After Being Charged
Antony Catalano, co-owner and chair of Australian Community Media, has been placed on immediate leave after facing court charges related to an alleged incident involving a woman at an apartment building.
Katie Price Husband Accused of Begging for Cash
Lee Andrews, Katie Price's new husband, allegedly sent voice notes begging an American woman for £3,000 days before proposing to the former glamour model, according to reports.
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Halal Certifier Defamed Rival with False Terrorism Claims
A Victorian court ruled that the Islamic Co-ordinating Council of Victoria suffered malicious falsehood after a competitor falsely accused it of funding terrorism, leading to a contract cancellation.
Lord Roborough Denies FCA Pressure in Odey Legal Dispute
Former Odey Asset Management partner Lord Roborough testifies that pressure to act against Crispin Odey came from legal advice, not the FCA, in a high-stakes court battle over misconduct allegations.
Jo Malone Sues Estee Lauder Over Name Use in Fragrance Deal
British fragrance entrepreneur Jo Malone is being sued by Estee Lauder Companies for allegedly breaching a 1999 agreement restricting her use of the name 'Jo Malone' in commercial ventures.
Celebrity GoFundMe Campaigns Fuel Debate on Financial Aid
Following the death of James Van Der Beek, GoFundMe campaigns for celebrities have ignited controversy. Supporters argue stars face financial hardships, while critics question the need for public donations from wealthy figures.
Ex-Citigroup Exec Carreon Fights to Keep Harassment Case in NY
A former Citigroup executive, Carreon, has filed a motion to retain a sexual harassment lawsuit in New York, challenging attempts to move it to another jurisdiction.
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LSEG CEO Pay Falls 18% After Share Price Slump
London Stock Exchange Group CEO David Schwimmer's total pay fell by 18% to £6.3 million in 2023, following a significant drop in the company's share price and performance.
Shell CEO Pay Up 20% as Profits Fall 40%
Shell CEO Wael Sawan's pay increased to £8 million in 2025 despite a significant drop in the oil giant's profits, sparking debate over executive compensation.
Estee Lauder Sues Jo Malone Over Zara Deal
Beauty giant Estee Lauder has filed a lawsuit against perfumer Jo Malone and her brand Jo Loves for allegedly breaching a 1999 agreement by partnering with Zara on a new fragrance collection.
Estée Lauder Sues Jo Malone Over Zara Fragrance
Cosmetics giant Estée Lauder takes legal action against perfumer Jo Malone for using her name on a Zara fragrance, alleging breach of 1999 sale agreement.
M&G's Recovery: £7.8bn Net Inflows Amid Business Growth
M&G's latest annual results show a dramatic turnaround with net inflows of £7.8bn, driven by strong performance in asset management and a recovering Life business, despite competitive pressures.
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M&G Cuts £250M in Expenses, Beats Savings Goal
M&G, the UK-based investment manager, has successfully reduced its expenses by £250 million, exceeding its cost savings target. This move highlights the firm's strategic efficiency efforts amid economic pressures.
TP ICAP Profit Up 7%, Data Business IPO Shelved
TP ICAP, a leading interdealer broker, has announced a 7% increase in profit while shelving plans for an initial public offering of its data business. The company cited market conditions and strategic priorities as key factors in its decision.
John Lewis Awards First Staff Bonus in Four Years
The John Lewis Partnership has announced a 2% annual bonus for its staff, known as partners, marking the first such award since 2022. This comes as the retailer reports a 6% rise in trading profits to £134 million, despite an overall pre-tax loss of £21 m
John Lewis Pays First Staff Bonus in Four Years
The employee-owned retail group John Lewis Partnership has awarded a 2% annual bonus to its staff for the first time in four years, following a rise in sales and underlying profits.
The City's New Allure: Beyond Boozy Lunches
While the era of long boozy lunches and male-dominated pub culture has faded, the City of London maintains its magnetic appeal through evolved professional relationships and inclusive networking opportunities.
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Citi's Andy Sieg Hosts Women's Day Event After HR Probe
Citi's head of wealth, Andy Sieg, hosted an International Women's Day event in London following an HR investigation into his conduct, as the bank emphasizes diversity initiatives.
Zara Founder Amancio Ortega Gets $3.23 Billion Dividend
Amancio Ortega, the billionaire founder of Zara, is set to receive a massive $3.23 billion dividend from his holding company, Inditex, marking one of the largest payouts in corporate history.
Sir Ronnie Hampel, Former ICI Chairman, Dies at 94
Sir Ronnie Hampel, who led ICI through a transformative era and later chaired the Bank of England's monetary policy committee, has passed away at age 94.
Cytec Acquires Howells Associates to Expand Services
Cytec Solutions Limited has acquired Howells Associates Limited, combining expertise in corporate governance, compliance, and equity management to strengthen market position and enhance client offerings.
Standard Chartered Evacuates Dubai Offices Amid Iran War
Standard Chartered has evacuated its Dubai offices and instructed staff to work from home following escalating tensions in the Middle East conflict between the US and Iran.
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Porsche Cuts Jobs in Electric Car Strategy Reversal
Porsche announces significant job cuts as it reverses its electric vehicle strategy, citing high costs and market challenges in the shift to EVs.
UBS UK Private Clients Head Resigns
UBS's UK head of private clients has resigned, marking a significant leadership change as the bank navigates post-Credit Suisse integration and evolving wealth management strategies.
Private Equity Firm AmplifyMe Gets First External Investment
AmplifyMe, a private equity firm, has secured its first external investment, marking a significant milestone in its growth and expansion strategy in the financial sector.
Robert Walters Cancels Dividend After Swinging to Loss
London-listed recruitment firm Robert Walters has scrapped its final dividend after reporting a significant annual loss, with revenue dropping 12% to £781.1m amid cautious global hiring sentiment.
Forbes Billionaires List Hits Record High, Trump Wealth Up 27%
Forbes' 40th annual billionaires list reveals a record 3,428 billionaires with Elon Musk topping the rankings. Donald Trump's wealth increased 27% to $6.5 billion, placing him at 645th globally.
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Forbes Billionaires List Hits Record High with 3,428
The number of billionaires has surged to a record 3,428, with Elon Musk retaining the top spot. The list includes notable debuts and significant wealth growth across sectors.
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