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26 февраля, 22:27

BCR's £120m handout to Metro bank has turned out to be a colossal waste

Taxpayers will feel short-changed over the failure of a leading challenger bank to deliver improvementsYou’d think Banking Competition Remedies (BCR), the body in charge of dishing out £775m of subsidies to “challenger” banks, would be embarrassed. Its top pick for a handout a year ago was Metro Bank, which was given the mighty sum of £120m to provide stiffer competition to bigger banking beasts and improve the lot of small business customers.To say things haven’t worked out as intended would be an understatement. Metro has spent the past 12 months challenging the wealth of its shareholders, consuming the energies of financial regulators, and taking ages to defenestrate its controversial founder, Vernon Hill. Continue reading...

26 февраля, 13:05

Coronavirus: Lufthansa imposes hiring freeze as Diageo profits suffer

Airline offers unpaid leave, beverage firm fears £200m hit and Danone also voices concernCoronavirus - latest updatesLufthansa has announced a hiring freeze and is offering employees unpaid leave as part of a range of cost-saving measures to attempt to limit the financial impact of the spread of the coronavirus.The German airline, which has already cancelled all flights to China until the end of March, also said it will expand part-time work options and cancel flight attendant and other personnel training courses from April onwards. Those that are already on courses will not be hired. The company said it aimed to offer affected trainees “employment contracts in the long term”. Continue reading...

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26 февраля, 10:53

FTSE 100 stabilises after coronavirus rout as Wall Street rebounds – business live

Rolling coverage of the latest economic and financial news, as Britain’s FTSE 100 recovers after hitting its lowest level in a yearLatest: FTSE 100 closes 24 points higherNew York stock market is recoveringTrump: Media to blame for selloffUS crude hits one-year lowChevron sends Canary Wharf staff homeRoubini: Worst is yet to come 5.08pm GMT The sentiment in the markets has improved a little, says David Madden of CMC Markets, even if the Covid-19 crisis hasn’t.He says:The health crisis is getting worse, but markets don’t move in straight lines, so at some point there was going to be a switch in sentiment, and that’s what we are seeing today....The mood on Wall Street has turned optimistic and traders are buying back into equities in the wake of major losses earlier this week. The solid US new homes sales was a pleasant reminder there are positive aspects to the US economy, as the reading came in at 764,00, which smashed the 710,000 forecast. 5.06pm GMT Despite this afternoon’s late recovery, it’s been a rough few days for the Footsie.Britain’s blue-chip index is still 5% down this week - bad news for pension-holders and other savers. Continue reading...

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07 августа 2019, 19:06

Diageo buys majority stake in non-alcoholic spirit Seedlip

Group pays undisclosed sum for spice-based drink it describes as ‘game-changing’Diageo has bought the “game-changing” non-alcoholic spirit Seedlip, adding it to a drinks cupboard that includes Guinness and Johnnie Walker whisky. The drinks company bought 20% of Seedlip in 2016 through its Distill Ventures division, which invests in small businesses it believes have the potential to make a splash in the industry. Continue reading...

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21 июля 2019, 12:00

Guinness World Records is on a slippery slope | David Mitchell

A street in Wales has replaced one in New Zealand as being the world’s steepest. How long until another road claims the title?The world has a new steepest street! But it’s more than 1,000 years old. So, did something happen to the previous steepest street? Is this an off-colour attempt to look on the bright side of a horrendous natural disaster? No, the previous steepest street is still there.So, has the old one somehow got less steep, perhaps because of a horrendous natural disaster? No, it’s as steep as ever. There is no horrendous natural disaster involved with this story. So what’s happened? Continue reading...

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13 июня 2019, 22:14

Diageo cancels London Irish deal over Paddy Jackson signing

The Guinness owner says the decision to hire the player is ‘not consistent’ with its values The owner of Guinness has cancelled its sponsorship deal with a leading rugby union club after it signed a player who was accused, then acquitted, of rape.Diageo, which had already publicly criticised the signing of Paddy Jackson by London Irish, announced its decision on Thursday evening. Continue reading...

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15 апреля 2019, 02:01

Diageo to remove plastic from Guinness multipacks

Drinks firm will replace holders with 100% recyclable and biodegradable cardboard packs Plastic can holders and shrinkwrap are to be removed from multipacks of Guinness, its owner, Diageo, will announce on Monday.Diageo is phasing out plastic packaging from multipacks of its Guinness, Harp, Rockshore and Smithwick’s beers and replacing it with 100% recyclable and biodegradable cardboard packs. Continue reading...

30 ноября 2018, 17:01

The Zacks Analyst Blog Highlights: Merck, Mastercard, Salesforce, Diageo and State Street

The Zacks Analyst Blog Highlights: Merck, Mastercard, Salesforce, Diageo and State Street

29 ноября 2018, 02:25

Lobbyists target newly elected Democrats

After a midterm campaign in which prominent progressives refused to take corporate donations, lobbyists are trying to get a jump-start on buddying up to the new majority.

28 ноября 2018, 23:02

Why George Clooney is the Best Paid Actor of 2018, Even Though He Didn’t Do Any Acting

George Clooney didn't star in any movies in 2018, but he's still the best-paid actor of the year. Here's how a tequila brand and other investments came up big for Clooney in 2018.

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30 июля 2018, 08:01

Trademarks for spirits and liqueurs up 41% as UK goes all in for gin

Figures reflect demand for artisanal brands and drinkers’ thirst for unusual flavoursThe number of trademarks registered for spirits and liqueurs in the UK leapt by 41% last year, according to new figures that reflect the soaring demand for artisanal products and consumers’ continued thirst for gin.The scale of innovation by big brands and supermarkets in their scramble to produce unusual flavours and colours is also triggering more disputes involving “copycat” name claims, research published on Monday by the law firm RPC shows. Continue reading...

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26 июля 2018, 15:50

Gin craze boosts sales by 22% across Europe for Diageo

Pink gin and other launches drive strong growth in Europe and UK for drinks firmA growing thirst for gin among UK consumers boosted annual sales at the drinks firm Diageo, which benefited from the launch of a pink version of the spirit.The international drinks group said total UK sales rose 8% in the year to the end of June, thanks to a double-digit rise in sales of Tanqueray and Gordon’s, which introduced a pink gin last summer. Continue reading...

26 марта 2018, 20:37

15 Celebrities Who Made Millions Outside of Hollywood Projects

Becoming a famous actor brings a boat load of money. It wasn't enough for these celebrities. We'll take a look at 15 celebrities that have made millions outside of acting in Hollywood

23 марта 2018, 17:14

4 Low Beta Stocks to Buy as Trade War Looks Real

Evidence of panic is spiking of the market's preferred fear gauge to its highest level since Feb 5. Build a strategy on low-risk assets and a combination of parameters that lead to better returns.

22 марта 2018, 18:08

Here's Why Boston Beer (SAM) Rallies Despite a Dismal Q4

While Boston Beer (SAM) fails to impress investors in the fourth quarter, its cost-saving plans and long-term innovation alongside the focus on reviving its brands keep the stock ticking.

16 марта 2018, 16:51

The Zacks Analyst Blog Highlights: Diageo, Dollar General, Papa Murphy's Holdings, Nordstrom and Macy's

The Zacks Analyst Blog Highlights: Diageo, Dollar General, Papa Murphy's Holdings, Nordstrom and Macy's

16 марта 2018, 14:54

Diageo (DEO) is Tailor-Made for Your Portfolio: Here's Why

Diageo's (DEO) strong fundamentals, continuous innovations and focus on expansion have been driving its performance.

15 марта 2018, 18:06

Try Luck O' the Irish With These Stocks on St. Patrick's Day

Raise a toast to the stocks in these sectors and try to find some hidden luck on the Irish festival.

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11 марта 2018, 16:21

Stephanie Jacoby, VP of Johnnie Walker North America Discusses Women In Leadership And Jane Walker

As the VP of Johnnie Walker North America, Stephanie Jacoby is responsible for brand strategy and marketing for the Diageo North America Scotch portfolio. We talk to her about women in leadership, how women can really support one another, and of course, all about Jane Walker.

09 марта 2018, 15:53

Zacks Value Investor Highlights: Diageo, Mylan, Sony, AbbVie and Walgreens

Zacks Value Investor Highlights: Diageo, Mylan, Sony, AbbVie and Walgreens