Virgin Cruises gets massive investment from Bain Capital
Virgin Cruises and Bain Capital LLC have agreed on an investment deal involving hundreds of millions of dollars. The Boston, Massachusetts-based alternative investment firm...
Serco Chairman falls on his sword and steps down
Alastair Lyons, Chairman of Serco Group plc has fallen on his sword, announcing on Monday that he intends to step down as soon as...
Carney urges bankers’ fixed pay and bonus overhaul
Mark Carney, Governor of the Bank of England, says regulations covering bankers’ fixed pay and bonuses need to be overhauled by regulators so that...
Actavis offers to acquire Allergan in a deal worth up to $65.5 billion
Allergan Inc. is nearing a deal to be acquired by the Irish company Actavis, which would prevent a hostile takeover by Valiant Pharmaceuticals International....
Did Jean-Claude Juncker help multinationals pay less than 1% tax?
Jean-Claude Juncker, President of the European Commission, should be investigated for alleged claims he encouraged companies avoid tax when he was Luxembourg’s leader, senior...
Eurozone’s economy focus of week to come
All eyes will be on economic data coming out of the Eurozone in the week to come, to see whether business confidence has improved....
Major closures in UK supermarket war to come, warns Waitrose boss
Mark Price, CEO of one the UK’s “challenger” supermarket chains Waitrose, warned that the ‘big four’ retailers may well start closing down stores in...
Northern Line extension from Kennington to Battersea approved
The £1 billion London underground Northern Line extension to Battersea has been approved by Transport Secretary Patrick McLoughlin. The extension will serve two new...
DuPont Methanethiol leak kills four workers
DuPont informed that at about 4am Central Time on Saturday, its La Porte Plant in suburban Houston, Texas, experienced a release of methyl mercaptan...
Student debt varies hugely by state and college
How heavily in debt US college students are likely to be by the time they graduate depends on which college they studied at and...