The president’s comment doesn’t align with the current realities of global currency markets
Nigeria's President Muhammadu Buhari will meet with United States President Donald Trump at the end of the month, the White House said.
Elliott Advisors and short term activistists like it can only make hay because traditional institutional investors are so lazy
Time to put a dose of caffeine in your shares by spinning off Costa Coffee. That's what Whitbread has been told by activist investors.
Their arrival on the scene has already provided a shot of espresso. The company, which also owns Premier Inn, was the belle of the stock market's ball after it emerged that Elliott Advisers had taken a prominent position in the company, mostly through the use of derivatives.
Elliott's rationale? There isn’t much overlap between the two sides, which would do better as more focussed standalone businesses with their own boards and their own listings.
Read more Limited-edition Costa coffee-infused beer launched by Whitbread Costa Coffee, Premier Inn sales boost Whitbread results Whitbread could suffer if coffee is no longer our cup of tea You can certainly make a case for that and Whitbread's shares have..
Uncertainty surrounds the future of the advertising giant, which Sir Martin could decide to compete against
Is WPP in its current form a viable business without its founder, CEO and driving force Sir Martin Sorrell?
We’re about to find out.
The company is an agglomeration of more than 400 separate firms whose activities range from advertising to public relations, to market research, to marketing.
Read more WPP shares drop 6% after Sir Martin Sorrell's departure The business world needs more bosses like Martin Sorrell Sir Martin Sorrell quits as WPP boss after misconduct allegations People might have speculated about the potential value that could be delivered through carving bits out when he was in charge, but it was never going to happen.
Sir Martin endured the odd reverse at the hands of his investors, notably over the eye popping pay packages he and his executives enjoyed, but most of the time he was able to swat his critics aside, including when they expressed unhap..
Internet con artists hope their crafty coding will fool you into asking for their fraudulent tech-support services, but you can often escape with a few keystrokes.
‘They Eat Money’: How Mandela’s Political Heirs Grow Rich Off Corruption
‘Never fight someone else’s war’: US aid brought Pakistan more losses than benefits, says Imran Khan
US security funding for Pakistan cost the country dearly, as the damage caused by fighting “someone else’s war” was much higher than the benefits of aid, prominent Pakistani opposition figure Imran Khan told RT.
Read Full Article at RT.com
Ties too strong: Turkey dismisses Macron claim that Ankara and Moscow ‘separated’ over Syria strikes
France, the US and the UK did not manage to drive a wedge between Turkey and Russia in the latest confrontation over Syria, senior Turkish officials said, refuting French President Emmanuel Macron’s claim.
Read Full Article at RT.com
Nigeria's President Muhammadu Buhari says a rift in terror group Boko Haram is delaying the release of remaining Chibok girls abducted four years ago.
Germany’s largest lender has been looking into the potential impact of an exit from investment banking for some time
The European Central Bank has asked Deutsche Bank to work out how much it would cost to wind down its investment banking operations.
Germany’s largest lender has been looking into the potential impact of an exit from investment banking for some time. Now officials from the ECB’s supervisory division have said they must be presented with forecasts of how the plan would affect other parts of Deutsche Bank, Reuters reported on Sunday.
Deutsche is understood to be the first bank to be asked by the ECB to undertake the task, which is expected to take months to complete.
Read more Deutsche Bank sacks chief executive John Cryan after years of losses The news comes after Deutsche Bank signalled a change in direction by naming Christian Sewing, previously head of the retail banking division, as the replacement for John Cryan as chief executive.
Mr Cryan was sacked after t..