Centerview Settles Junior Bankers' Sleep Dispute
Centerview Partners has resolved a legal dispute regarding junior bankers' need for eight hours of sleep, highlighting ongoing concerns about work-life balance in investment banking.
Category : Corporate
Supreme Court Strikes Down Trump's Global Tariffs
The US Supreme Court has overturned Donald Trump's global tariffs, marking a significant legal rebuke. Chief Justice John Roberts led the decision, emphasizing constitutional limits on presidential power.
Brewdog Co-Founder Pledges £10m in Rescue Bid
James Watt, co-founder of Brewdog, is investing £10m of personal wealth in a rescue bid for the craft brewer, as the company faces sale amid financial losses and bar closures.
Asos Co-Founder's Ex-Wife Denies Role in Thailand Death
Ploy Kringsinthanakun, ex-wife of Asos co-founder Quentin Griffiths, says she had 'nothing to do' with his fatal fall from an 18th-floor balcony in Pattaya, Thailand, amid ongoing legal disputes.
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Anna Murdoch-Mann, Rupert Murdoch's Ex-Wife, Dies at 81
Anna Murdoch-Mann, author and former spouse of media mogul Rupert Murdoch, passed away at her Florida home. She was a key figure in his empire and mother to three children.
Diageo, Burberry Rally After Trump Tariff Ruling Overturned
Shares in FTSE 100 giants Diageo and Burberry jumped significantly after the US Supreme Court struck down President Trump's sweeping global tariff regime, citing overreach of executive authority.
Funeral Directors Jailed for Leaving Bodies to Rot
Two funeral directors in Hampshire have been sentenced to prison for storing bodies in degrading, unrefrigerated conditions, betraying grieving families' trust during their most vulnerable moments.
Asos Co-Founder Quentin Griffiths Dies in Thailand Fall
Quentin Griffiths, 58-year-old co-founder of online fashion giant Asos, has died after falling from his 17th-floor apartment in Pattaya, Thailand. Authorities are investigating the circumstances.
ASOS Co-Founder Dies in Thailand Balcony Fall
Quentin Griffiths, millionaire co-founder of ASOS, died after falling from his 17th-floor condo in Pattaya. Police found no evidence of foul play, but stress from court cases may have been a factor.
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Aston Martin Sells F1 Naming Rights in £50M Deal
British car manufacturer Aston Martin has sold its Formula 1 naming rights to AMR GP for £50 million in cash, securing the team's branding in perpetuity amid challenging sales.
Mayoral Hopeful Spared Jail Over £105,000 Fraud
A businessman who aimed to become London Mayor has avoided prison after draining his property company's accounts, leaving just £3.48 for creditors in a deliberate fraud case.
UniSuper Accused of Greenwashing Over Reduced Environmental Criteria
A major Australian super fund faces greenwashing allegations after continuing to label an investment option as 'sustainable' despite halving its environmental criteria, sparking a formal complaint to regulators.
Ex-Commerzbank Analyst Gets 8 Months for False Harassment Claim
A former Commerzbank analyst has been sentenced to eight months in prison after making a bogus sexual harassment allegation against a colleague, highlighting legal consequences for false workplace claims.
Debenhams Exceeds Equity Raise Target Amid Share Drop
Debenhams Group successfully raised £40 million in equity despite a 20% share price drop, with Frasers Group participating in the fundraise as part of ongoing boardroom tensions.
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Funeral Directors Jailed for Decomposing Body Scandal
Richard Elkin and Hayley Bell sentenced to four years in prison for preventing decent burial and fraud after decomposing remains found in their mortuary.
London Hedge Funds Pay Interns £25,000 Monthly
Multi-strategy hedge funds in London are offering interns salaries as high as £25,000 per month, reflecting intense competition for top talent in the financial sector.
Schroders-Nuveen Deal: Cazenove Capital's Uncertain Future
The £9.9bn acquisition of Schroders by Nuveen creates a global asset management giant, but leaves the future of its prized wealth management arm, Cazenove Capital, shrouded in uncertainty.
Apollo CEO Had No Epstein Relationship, Firm Tells Clients
Apollo Global Management has informed its clients that CEO Marc Rowan had no relationship with Jeffrey Epstein, addressing concerns as the firm faces increased regulatory and public scrutiny.
Coca-Cola Sued for Equal Employment Opportunity Violations
Coca-Cola is being sued for alleged violations of equal employment opportunity laws, with claims of discriminatory hiring and promotion practices. The lawsuit highlights ongoing corporate accountability issues in the US.
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Les Wexner: Epstein Stole Millions, I Was Deceived
Victoria's Secret founder Les Wexner testified before Congress that Jeffrey Epstein stole vast sums from his family while managing finances, but denied any knowledge of Epstein's criminal activities.
Funfair Dynasty Divided: £10M Court Battle Between Father and Sons
A bitter £10 million inheritance feud erupts in a travelling funfair family, with sons suing their father over broken promises and alleged harassment at major events like Winter Wonderland.
Harrods Guard Stole £11K Clothes, 'In Trouble With Mum'
A security guard at Harrods Studio stole clothing worth over £11,000, with his defense citing family troubles and his mother's disapproval as factors in the case heard at Thames Magistrates' Court.
Harris Associates Sold Schroders Stake Before Nuveen Deal
Harris Associates, a major shareholder in Schroders, divested its entire stake in the asset manager just before the announcement of a strategic partnership with Nuveen, raising questions about market timing.
Harrods Guard Stole £11k Clothes, Blames Mum Trouble
A Harrods security guard who stole over £11,000 worth of clothing told a court he's already facing consequences from his mother, as he was jailed for nine months for the theft.
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Glencore to Give $2bn to Shareholders After Profit Slump
Glencore will distribute $2 billion to shareholders despite a 6% drop in annual profits and the collapse of a $260 billion merger with Rio Tinto, focusing on copper expansion.
Lloyds Hikes Investment Bank Bonuses by 24%
Lloyds Banking Group has raised bonuses for its top investment banking staff by 24%, reflecting strong performance and competitive pressures in the sector.
Financial Firms Must Address Harassment After Epstein Files
Campaigners demand financial services firms tackle sexual harassment as Epstein documents reveal ties to major institutions, highlighting urgent workplace reforms.
Bayer's $7.25bn Roundup Settlement Proposal Announced
Bayer has agreed to a proposed $7.25 billion settlement to resolve thousands of US lawsuits alleging its Roundup weedkiller causes cancer, aiming to reduce legal uncertainty.
Goldman Sachs Drops DEI Criteria for Board Evaluations
Goldman Sachs will eliminate race, gender, and LGBTQ+ considerations from board candidate evaluations following pressure from an activist shareholder group, reflecting a broader corporate retreat from DEI initiatives.
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Warner Bros Sets Deadline for Paramount's Final Offer
Warner Bros Discovery reopens talks with Paramount Skydance, allowing seven days for a superior bid to top the Netflix merger, with key assets like Harry Potter at stake.
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