Defence giant Babcock axes 1,000 jobs in drastic overhaul after racking up a loss of more than £1bn By Francesca Washtell For The Daily Mail Published: 22:43 BST, 13 April 2021 | Updated: 22:43 BST, 13 April 2021 Defence giant Babcock International is slashing 1,000 jobs and writing off £1.7billion from the value of the … Read more
Currency exchange giant ICE set to change hands for £150m after Chinese owner puts it up for sale Houlihan Lokey have been appointed to sell International Currency Exchange ICE is owned by Chinese conglomerate HNA that declared itself bankrupt ICE has more than 350 outlets, many in airports across the world By Ben Harrington and Emma … Read more
China slapped a record 18 billion yuan (£2billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years. The fine, about 4 per cent of Alibaba’s 2019 domestic revenues, comes amid a crackdown on technology conglomerates and indicates China’s antitrust … Read more
China slapped a record 18 billion yuan (£2billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years. The fine, about 4 per cent of Alibaba’s 2019 domestic revenues, comes amid a crackdown on technology conglomerates and indicates China’s antitrust … Read more
China slapped a record 18 billion yuan (£2billion) fine on Alibaba Group Holding Ltd on Saturday, after an anti-monopoly probe found the e-commerce giant had abused its dominant market position for several years. The fine, about 4 per cent of Alibaba’s 2019 domestic revenues, comes amid a crackdown on technology conglomerates and indicates China’s antitrust … Read more
It’s been a long time coming, but the Great British Summer of sport, performance and music is now in sight. Tomorrow, the Prime Minister will unveil a list of pilot spectator events for the coming weeks, from a comedy night for 300 in Liverpool to a 21,000-strong crowd at the FA Cup Final. Not the … Read more
William Hill’s £2.9bn sale to American casino giant Caesars hangs in balance after decision about whether deal should be finalised is delayed By Ben Harrington, Financial Mail on Sunday Published: 21:51 BST, 3 April 2021 | Updated: 21:51 BST, 3 April 2021 The £2.9billion sale of William Hill to American casino giant Caesars hangs in … Read more
Tesco is overhauling the way shops are run, putting more than 2,000 managerial jobs under review – and the plan points to leaner times ahead By Daily Mail City & Finance Reporter Published: 21:50 BST, 2 April 2021 | Updated: 21:50 BST, 2 April 2021 Supermarkets have done well during the pandemic. But after they … Read more
Breathtaking drone video taken in the Arctic Circle captured a spellbinding reindeer ‘cyclone.’ When threatened, reindeer will begin to stampede in a circle, making it hard for a predator to find an individual target. In the clip, the herd’s fawns and does are in the middle of the swirl with the bucks running around them … Read more
Huge queues formed outside an NHS vaccination clinic after word got out about extra doses – with Londoners of all ages queuing up for the sought-after jab. More than 2,000 people rushed to Walthamstow Library in north-east London after the council opened a walk-in jab clinic between 11am and 6.30pm today. The council said first doses were being … Read more