Diageo taps former Tesco boss ‘Drastic Dave’ Lewis to lead fightback |
Former Tesco boss Sir Dave Lewis is to become the new chief executive of Diageo, the struggling FTSE 100 drinks giant. The world’s largest spirits...
Business
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US Senate strikes deal aimed at ending record-long government shutdown
An agreement has been reached to advance a deal aimed at ending the longest US government shutdown ever recorded. A procedural vote held on Sunday...
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City executives seek £4m to fund ‘mini-Nasdaq’ growth exchange | Money
A group of City executives are raising millions of pounds to fund the launch of a ‘mini-Nasdaq’ exchange aimed at venture capital-backed companies. Sky News...
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Post Office agrees fresh extension to scandal-hit Fujitsu Horizon deal
The Post Office has agreed a further extension to its scandal-hit software deal with the Japanese company Fujitsu as it plots a move to a...
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Carlyle seizes control of online retailer Very Group | Money News
The unravelling of the Barclay family’s business empire will continue this week when Carlyle, the US-based investment giant, formally takes control of The Very Group,...
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One year on from Donald Trump’s election win, an untold story has emer
It’s a year since the US put Donald Trump back in the White House and I’ve spent this anniversary week in Florida and in Pennsylvania...
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Burger chain Five Guys hunts new investor to flip stake | Money News
The telecoms billionaire Sir Charles Dunstone is seeking new investors to take a big stake in Five Guys Europe, the casual dining brand he launched...
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New compensation scheme for Post Office victims is ‘half-baked’, Sir A
Sir Alan Bates has told Sky News that the government’s new Capture Redress Scheme is “half-baked”. The Post Office scandal campaigner, who may also be...
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ITV in ‘preliminary’ talks over £1.6bn sale of media and entertainment
ITV has revealed talks with Sky, the owner of Sky News, over the possible sale of its media and entertainment (M&E) division in a deal...
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Why a Sky-ITV deal makes sense in a shifting entertainment landscape |
The proposed £1.6bn takeover of a big chunk of ITV by Sky would be the biggest consolidation in British broadcasting in more than 20 years,...
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What could Elon Musk do with $1trn? | US News
Elon Musk could be on track for a $1trn pay packet. Tesla shareholders have approved the whopping financial package for the CEO – who’s already worth an estimated $491bn – if he hits a...
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Elon Musk’s $1 trillion pay package approved by Tesla | Money News
Elon Musk could be on track for a $1trn (£761bn) pay package – if Tesla meets a series of extremely ambitious targets over the next...