Two directors recently took the opportunity to purchase shares in Ocado, after they sank to their lowest value since 2018. Non-executive chair Rick Haythornthwaite bought £100,000 of shares, and Ocado … Read More
The runaway house price growth of the past two years is set to slow as the wider economy braces for a period of stagflation, according to housing economists and analysts. … Read More
A self-made billionaire by the age of 40 and the face of an institution once described as the “Goldman of the Tropics”, at one time André Esteves was the wunderkind … Read More
“No matter what you may be selling, your business in China should be enormous, if the Chinese who should buy your goods would only do so.” Never did an “if … Read More
Stocks are being repriced across the board as the sell-off on Wall Street intensifies. Technology companies, especially unprofitable and richly valued names, have been hit hardest. Yet even companies that … Read More
Rail executives are drafting emergency plans to cut Britain’s train network to a 12-hour service ahead of union members voting this week on what would be the biggest rail strike … Read More
Beware the siren call of unlimited vacation. Long a perk offered by technology companies — IBM was an early adopter in the 1990s — Goldman Sachs is the latest to … Read More
After more than a day of grilling by officials from the US Securities and Exchange Commission in May last year, Stephen Bond-Nelson went to the bathroom and cut short his … Read More
South Africa’s Naspers internet group is selling Russia’s biggest online classifieds business which Ukrainian government officials allege hosted ads for Russian military recruitment and goods looted from Ukraine. Prosus, Naspers’ … Read More
It is not immediately clear how a £2.07bn bid undervalues a company with a £1.4bn market cap. But THG, online purveyor of cosmetics and protein powders, was quick to rebuff … Read More
