Business
Discover the latest business news to keep up to date about stocks and the economy, markets outlook, top companies, hot deals, economy forecasts and projections as well as the reports that get to the heart of the matter. Keep on top of the business topics shaping today’s decisions and forming tomorrow’s world.
Major Shareholder Rejects Unilever’s Plans to Relocate its Headquarters
David Cumming of Aviva Investors, one of Unilever’s largest shareholders, said it would vote against the company’s intentions to move its London headquarters to Rotterdam before Brexit.
Unilever Prepares for Shareholder Vote Ahead of Headquarter Move
Unilever released a prospectus announcing its intentions to move its headquarters from the UK to The Netherlands, possibly leaving the FTSE 100, if shareholders approve the move in a vote.
Penny Hughes Named First Aston Martin Female Chair
Aston Martin has appointed Penny Hughes its first female chair just as it prepares for a £5 billion stock market flotation on the London Stock Exchange.
ING Faces €775 Million Fines for Crime Prevention Errors
Dutch bank ING CEO Ralph Hamers said the bank accepts full responsibility for inadequate crime prevention policies from 2010 to 2016, and the bank has agreed to pay €775 million in fines.
Netflix and Amazon Prime Dropped £150m on UK-Made Shows in 2017
PACT survey data showed Netflix and Amazon Prime are a driving force behind a record £2.7B in UK television production industry revenues.
Toyota Announces £387 Million Investment into Uber Driverless Vehicles
Toyota has invested £387 million into a new deal with Uber to develop self-driving cars that will be piloted in 2021 and then used on the rideshare firm’s network.
China Tariffs: investors eye on Cambodia and Vietnam
As trade wars might plummet the American economy, tariffs seem to bring promising outcomes for south eastern Asian countries, such as Cambodia and Vietnam.
Will Elon Musk leave Tesla?
Elon Musk, the serial entrepreneur from Silicon Valley and founder of Tesla has shown signs of suicidal behavior, reports stated. A few days ago, he confirmed these tendencies in an exclusive New York Times interview.
Countrywide Dumps £20 Million Bonus Package for Top Execs
Countrywide, the UK’s largest estate agency group, has scrapped its plans for a £20 million total bonus package for its top three executives following investor outcry.
Amazon Dabbles with UK Health Insurance Comparison Business
Amazon has been getting a feel for the UK insurance comparison market by entering into discussions with insurers throughout the EU, creating uncertainty for potential future rivals.
