MARKET REPORT: Aston Martin shares take a dive

MARKET REPORT: Aston Martin shares take a dive after the luxury car maker goes cap in hand to investors yet again By Francesca Washtell For The Daily Mail Published: 22:08 BST, 26 June 2020 | Updated: 22:08 BST, 26 June 2020 Aston Martin shares dived after the luxury car maker went cap in hand to … Read more

Shopping centre giant Intu collapses threatening 14 malls

Shopping centre giant collapses: Demise of Intu threatens 14 malls…and thousands of jobs  The problems at Intu puts more than 100,000 jobs in jeopardy  Some of its more famous sites are likely to be sold, while others could be lost forever By Sean Poulter Consumer Affairs Editor For The Daily Mail Published: 22:08 BST, 26 … Read more

Tesco investors reject chief’s £6.4m pay deal

Tesco shareholders inflict one of the biggest-ever FTSE 100 pay revolts on the supermarket group By Tom Witherow For The Daily Mail Published: 22:09 BST, 26 June 2020 | Updated: 22:33 BST, 26 June 2020 Tesco shareholders inflicted one of the biggest-ever FTSE 100 pay revolts on the supermarket group yesterday.  More than 67 per … Read more

Nike loses its footing during coronavirus pandemic

Nike loses its footing during coronavirus pandemic, as online sales fail to offset damage caused by store closures By Daily Mail City & Finance Reporter Published: 22:09 BST, 26 June 2020 | Updated: 22:33 BST, 26 June 2020 Own goal: Nike has reportedly paid footballer Cristiano Ronaldo (pictured) a staggering £147m to represent the brand Nike … Read more

Housebuilding titan Tony Pidgley dies at age of 72

Housebuilding titan Tony Pidgley dies at 72 after a life that was a genuine tale of rags to great riches By Ruth Sunderland Business Editor For The Daily Mail Published: 22:09 BST, 26 June 2020 | Updated: 22:09 BST, 26 June 2020 Tony Pidgley, a titan of the housebuilding industry, has died at the age … Read more

SMALL CAP MOVERS: Blue Star Capital ‘receives ‘Becks’ boost

Will the next generation of esports stars learn to bend it like Beckham? Probably not. But they are in line to receive financial backing from the former Manchester United and Real Madrid midfielder. That’s because Becks’ DB Ventures has teamed up with AIM-listed Blue Star Capital to scout the next generation of competitive gamers. Both … Read more

Here are 12 fraud scandals that rocked the business world…

Wirecard has become the latest in a lengthy list of companies to find itself embroiled in a major accounting scandal. The payments processing firm has just filed for insolvency after a turbulent week which saw the firm admitting it had a £1.7billion black hole in its accounts. Its CEO Markus Braun resigned last week and was … Read more

Will holiday-goers ever get the chance to fly on electric planes?

As the worldwide airline industry remained grounded and the noise from Boeings in city skies gave way to the sound of birdsong, a piece of flight history was being made at a little-known airport in Washington State. On May 28, a modified Cessna Caravan 208B, or eCaravan built by electric aircraft company MagniX and aerospace … Read more

MARKET REPORT: Mitie soars on news of £3.5bn Interserve tie-up 

Investors piled into Mitie after it unveiled plans to form the UK’s biggest support services group through a deal with Interserve. Mitie has agreed to pay £271million to take over its rival’s facilities management arm, creating a mega-business with almost 88,000 staff and turnover of £3.5billion. Combining resources would save the firms millions of pounds … Read more

Another Covid crash is on the way, IMF warns investors

Another Covid crash is on the way, IMF warns investors amid fears markets are becoming increasingly detached from reality By James Salmon for the Daily Mail Published: 21:50 BST, 25 June 2020 | Updated: 21:50 BST, 25 June 2020 Investors should brace themselves for another coronavirus crash, the International Monetary Fund has warned. Shares have … Read more