Sony writes off £155m from Bungie acquisition
Sony admits its £2.7 billion Bungie buyout has underperformed, recording a £155m loss as Destiny 2 struggles. Can the delayed Marathon reboot turn things around?
Category : Corporate
RBC Bolsters European Equities Team with Senior Hires
Royal Bank of Canada makes three strategic senior hires to expand its European equities division, enhancing research and execution capabilities across key markets.
Diageo Appoints 'Drastic Dave' Lewis as New CEO
FTSE 100 drinks giant Diageo appoints Sir Dave Lewis as CEO, sparking a 7.5% share price surge. Can the turnaround specialist save the Guinness owner? Read the full analysis.
CVC Hires KKR's James McGlade for UK Dealmaking
Private equity giant CVC Capital Partners recruits James McGlade from rival KKR to strengthen its UK financial services investments. Discover the strategic move reshaping London's dealmaking landscape.
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Sir Dave Lewis Appointed as Diageo's New Chairman
Former Tesco boss Sir Dave Lewis takes helm at drinks giant Diageo amid shareholder pressure. Can the 'Drastic Dave' turnaround specialist revive the Guinness maker?
Trip CBD drinks valued at £200m after celebrity backing
London-based CBD brand Trip achieves £200m valuation after £30.3m funding round backed by Joe Jonas and other celebrities. Discover how this female-founded company is reshaping the drinks industry.
Diageo hires ex-Tesco boss Dave Lewis as new CEO
Former Tesco chief Sir Dave Lewis is named Diageo's new CEO to lead a recovery. Shares rose 7% on the news. Discover the challenges facing the Guinness owner.
Houlihan Lokey hires Jefferies banker to head debt push
Investment bank Houlihan Lokey appoints former Jefferies managing director Ahmet Rasit to lead European debt capital markets expansion. Discover the strategic move reshaping London's financial landscape.
Diageo names ex-Tesco boss Dave Lewis as new CEO
Struggling drinks giant Diageo appoints former Tesco chief Sir Dave Lewis as CEO to lead its recovery. The FTSE 100 firm faces falling shares and profit warnings. Discover the turnaround plan.
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Royal Mail staff get second-class stamps for Christmas
Royal Mail faces backlash after quietly downgrading its Christmas gift to 130,000 workers from first to second-class stamps. Discover the 500-year-old postal service's festive controversy.
Viagogo UK divisions hit with £15m HMRC tax bill
Two UK divisions of ticket reseller Viagogo face a £15m tax bill after HMRC found unpaid duties. Read the full investigation details and implications.
Five Guys Hunts New Investor for European Arm
Sir Charles Dunstone's Freston Ventures seeks investor for Five Guys Europe through Goldman Sachs. The burger chain could be valued at over £500m. Discover the details.
Musk's $56bn Tesla Pay Package Cartoon Critique
Martin Rowson's biting cartoon depicts Elon Musk's record $56bn Tesla compensation package, questioning corporate governance in billionaire pay deals. See the visual commentary.
Elon Musk's $1 Trillion Pay Packet Explained
Tesla shareholders approve Elon Musk's colossal $1 trillion pay package. We break down what this unimaginable sum could buy, from global sports leagues to entire cities.
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32 Investment Bankers Made MD at Goldman Sachs EMEA
Goldman Sachs elevates 32 investment bankers to managing director across EMEA region. Discover the key promotions and strategic focus areas in this exclusive report.
Tesla investors approve Musk's $1tn compensation package
Tesla shareholders have voted to reinstate Elon Musk's massive $1tn pay package, putting him on track to become the world's first trillionaire despite ongoing brand controversies.
Bank of America names new UK corporate banking head
Alastair Robertson promoted to lead Bank of America's UK corporate and investment banking division, strengthening leadership amid competitive London market.
Musk's $1trn Tesla pay package gets green light
Tesla shareholders approve Elon Musk's record $1 trillion pay package, setting the stage for him to become the world's first trillionaire. Discover the ambitious targets he must hit.
Shareholders revolt against Seven West executive pay
Angry Seven West Media shareholders vote against executive pay deal as chairman Kerry Stokes claims he too has suffered financial losses. Read the full analysis.
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Elon Musk's $1 Trillion Tesla Pay Package Approved
Tesla shareholders have approved a monumental $1 trillion pay package for Elon Musk, setting ambitious targets that could make him the world's first trillionaire. Discover the details and what it means for Tesla's future.
Tesla Investors Block Musk's $56bn Compensation Deal
Tesla shareholders have rejected Elon Musk's record $56bn pay package in a stunning rebuke. Discover what this means for Tesla's future and corporate governance.
Goldman Sachs promotes 638 to managing director roles
Goldman Sachs announces 638 promotions to managing director across global offices, with London securing significant representation in the investment bank's latest career advancement round.
Teacher Wins £150k Lamborghini in £3.15 Contest
A Hampshire nursery teacher's life is transformed after winning a £130,000 Lamborghini and £20,000 cash in a BOTB spot the ball competition. Discover her amazing story.
Goldman Sachs promotes seven in EMEA wealth team
Goldman Sachs International has promoted seven senior professionals within its EMEA private wealth management division to managing director roles, signalling strong growth in the region's wealth business.
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Goldman Sachs hires Evercore banker for Evelyn Partners sale
In a significant recruitment coup, Goldman Sachs has hired senior Evercore banker James Rucker to spearhead the upcoming sale of Evelyn Partners' wealth management division, signalling intensified competition in London's financial advisory landscape.
BDO fined £6.5m for fake audit evidence
The UK's accounting watchdog has handed BDO a massive £6.5 million penalty after discovering the audit giant fabricated documents and misled investigators in the Aldermore Bank audit case.
Bonus Betrayal: When CEOs Actually Lose Their Pay
An explosive investigation reveals why Australia's corporate elite rarely forfeit bonuses despite company failures, worker layoffs, and environmental scandals.
Novo Nordisk cuts forecasts again as drug demand slows
Danish pharmaceutical giant Novo Nordisk has cut its sales and profit forecasts for the second time in three months, sending shockwaves through the healthcare sector as demand for its blockbuster weight-loss drugs shows signs of slowing.
China ends US soybean tariffs amid Microsoft cyber crisis
In a dramatic shift in trade policy, China removes tariffs on US soybeans as Microsoft reports staggering $237 billion market cap loss following cyber attack. Full market coverage.
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Vintner set to become Team Beckett's November Master
Renowned wine merchant poised to join prestigious Team Beckett as their November Master, bringing expertise from the vineyards to the heart of London's financial district.
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