Third Point U-turns on activist investors in bid to fix discount
Hedge fund Third Point has appointed a duo of activist investors to its board in a bid to close the trust’s wide gap between its net asset value and share…
Hedge fund Third Point has appointed a duo of activist investors to its board in a bid to close the trust’s wide gap between its net asset value and share…
Much has been made of the ‘Magnificent Seven’ tech stocks – Meta, Apple, Amazon. Alphabet, Microsoft, Nvidia and Tesla – which have dominated the US market amid a boom in…
Mike Ashley’s Frasers Group and Next have reportedly expressed interest in buying Ted Baker. The UK retail giants, both known for acquiring troubled brands, have reportedly contacted the business’s administrators…
Lord Bamford, the billionaire executive chairman of JCB and major Brexit backer, has retired from the House of Lords. Parliamentary records have confirmed that the Conservative peer, 78, stepped down…
Sofa-seller DFS is reviewing the pay policy of its top executives after shareholders mounted a revolt at its annual general meeting. At the the furniture retailer’s annual meeting in November,…
Legal parties for Mike Ashley’s Sports Direct and Newcastle United clashed at the Tribunal on Tuesday, as the retailer sought an injunction against the Premier League club. Sports Direct, part…
Veteran New Zealand rugby coach Andrew Strawbridge has joined England on a full-time deal after a short stint with Steve Borthwick’s side during the Six Nations. The 59-year-old spent the…
A deal which would have ensured the “survival” of a medicinal cannabis producer through a merger with a Scottish CBD firm has collapsed. An agreement was first announced between Jersey-based Northern Leaf…
Industrial policy should not be seen as a “magic bullet”, the International Monetary Fund (IMF) cautioned, as more and more countries around the world turn to an active state to…
Tasty plc, the restaurant group behind the Dim T and Wildwood brands, is looking to close 20 of its sites and secure new funding in order to avoid collapsing. The…