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Sir Antonio Horta-Osorio is in line for a payout of up to £3.8m after stepping down as chairman of Credit Suisse over a trip to Wimbledon in breach of Covid rules.
Analysts say GSK is right to rebuff £50bn offer for consumer healthcare venture. Unilever’s offer represents only a modest premium to its current value, according to some leading analysts
Jobs site CV-Library said its survey found that lawyers, teachers and new graduates were those most disappointed with their salaries.
The online retailer had intended to introduce the changes from Wednesday, having warned customers that the card company’s fees were too high.
BRUSSELS (Reuters) -More than 2 billion euros of European Union funding to help businesses save energy contributed little to climate change targets and in some cases funded investments that would have happened anyway, auditors said on Monday. The EU regards curbing energy use as essential to meeting goals to cut greenhouse gas emissions, and record high gas and power prices in recent months have increased the focus on measures to save energy. But so far, EU funding to support energy savings for businesses has not been effective, the European Court of Auditors said in a report.
The potential tie-up would be one of the biggest takeovers in UK history.
(Reuters) -European shares touched their lowest level in over a week on Tuesday, with tech stocks weighing the most, as a rise in two-year U.S. Treasury yields reflected ramped-up bets for a U.S. policy rate hike as soon as March. The pan-European STOXX 600 index dropped 1.3%. Tech stocks declined 2.5% as two-year yields, which track short-term rate expectations, crossed 1% for the first time since February 2020.
New government policy reducing minimum self-isolation from seven days to five days comes into effect on Monday.
Energy bills are predicted to soar by around 50% for many households in April.
FTSE 250 shares generally did quite well in 2021 as the stock market recovered from 2020 and these two shares that did well could keep performing. The post Could these two FTSE 250 shares go up again in 2022? appeared first on The Motley Fool UK.
Paul Myners, the former City minister enlisted by Gordon Brown to help stabilise Britain’s banking system during the 2008 financial crisis, has died at the age of 73.
GSK banks on stronger offer for its consumer healthcare business. Analysis: drugmaker appears to be holding out for what would be one of largest ever deals in London after rejecting Unilever bids
Shares in Marmite maker Unilever are sharply lower after it made an audacious swoop for GlaxoSmithKline's consumer healthcare arm. The food giant told investors that the Glaxo unit is a “strong strategic fit” as part of it pursuit of sales categories with higher rates of sustainable growth. The developments came as the City also digested the resignation of former Lloyds boss António Horta-Osório as chairman of Credit Suisse.
Edinburgh-based firm joins pilot study into shorter working week run by Oxford and Cambridge academics
A new scheme that allows Brits to request cashback in shops without making a purchase is not enough to prevent a 'cash crisis', according to Which?
The Monetary Authority of Singapore (MAS) on Monday issued guidelines that limit cryptocurrency trading service providers from promoting their services to the general public, as part of a bid to shield retail investors from potential risks. Singapore is a popular location for cryptocurrency companies due to a comparatively clear regulatory and operating environment and is among the forerunners globally in developing a formal licensing framework. But the city-state's authorities have repeatedly warned that trading in digital payment tokens (DPT), or cryptocurrency, is highly risky and not suitable for the general public, as they are subject to sharp speculative swings.
The lithium-borates project near Loznica in the western Jadar valley is slated to position the Anglo-Australian miner as Europe's largest lithium supplier for at least next 15 years amid a boom in electric vehicle sales. The mine has faced opposition from environmental activists and local communities over concerns of environmental damage, forcing the local municipality last year to scrap a plan to allocate land for the facility. The Balkan nation will decide whether Rio can proceed with developing the mine after a general election in April, its prime minister told Reuters earlier this month.
The FTSE 100 has many income opportunities, but which dividend stocks are the best to buy in 2022? Zaven Boyrazian explores his top picks. The post 9% dividend yields! 2 FTSE 100 stocks to buy in 2022 appeared first on The Motley Fool UK.
What to look out for when buying a listed property
The world's 20 best-performing hedge funds earned $65.4 billion for clients in 2021, setting a new record as stock markets marched higher despite rising prices and coronavirus cases, LCH Investments data show. As a group, the most successful managers earned more than one third of the $176 billion that all hedge funds made last year, LCH Investments, a fund of funds firm that tracks returns and is part of Edmond de Rothschild group, reported. The top 20, including brand-name investment firms TCI Fund Management and Citadel, returned an average 10.5% and jointly managed nearly one fifth of the industry's $3.6 trillion in assets, the data show.