Business NEWS

LSE CEO resigns, Chairman will not seek re-election

Xavier Rolet has resigned as CEO of the London Stock Exchange (LSE) and the organisation’s Chairman Donald Brydon will not seek to be re-elected, according to Reuters. The announcement comes after a major … Continue reading “LSE CEO resigns, Chairman will not seek re-election”


Thames Water to shed offshore subsidiary structure

Thames Water is reviewing its business structure after controversy over its use of offshore subsidiary companies to reduce its tax burden, according to the Guardian. The water company has appointed Ian Marchant, formerly … Continue reading “Thames Water to shed offshore subsidiary structure”


Parliamentary committees criticise gig economy

Two parliamentary committees have indicated that rules governing the so-called ‘gig economy’ should be changed to protect workers from exploitation, according to BBC News. The Work and Pensions Committee and the Business Select … Continue reading “Parliamentary committees criticise gig economy”


Nisa shareholders narrowly agree Co-op takeover

Shareholder approval has been secured for the takeover of Nisa convenience stores by the Co-Operative Group in a £137m deal, according to BBC News. An emergency meeting of shareholders secured 75.79% backing for … Continue reading “Nisa shareholders narrowly agree Co-op takeover”


Cover the costs of your small business website by using affiliate marketing

These days, most small business have a web presence, and the costs can soon mount up. From buying a domain to web hosting to paying for a web administrator to ensure content is … Continue reading “Cover the costs of your small business website by using affiliate marketing”


A Look Back at Schäuble’s Impact on the Forex Market

It is the end of an era. Wolfgang Schäuble, Germany’s finance minister since 2009, is stepping down. Following the recent election, Angela Merkel’s Christian Democrat Party has been left weakened by the election. … Continue reading “A Look Back at Schäuble’s Impact on the Forex Market”


2 Sisters suspends operations in West Bromwich

The 2 Sisters Food Group has suspended operations at its West Midlands site following allegations of food safety breaches, according to BBC News. The company, which is one of the UK’s largest chicken … Continue reading “2 Sisters suspends operations in West Bromwich”


EU report: tax Google on revenue, not profits

An EU report claims that online giants such as Google and Facebook could be responsible for lost tax revenues of up to 5.4bn Euros between 2013 and 2015, according to Reuters. The EU … Continue reading “EU report: tax Google on revenue, not profits”


Accountants to be edged out by robots, says DB CEO

Deutsche Bank chief executive John Cryan says work now done by qualified accountants could soon be carried out by robots. Cryan told a Frankfurt gathering: “In our bank we have people doing work … Continue reading “Accountants to be edged out by robots, says DB CEO”


Huawei reveals new Kirin 970 phone chip

Huawei has unveiled a powerful new mobile phone chip, the Kirin 970. The chip will increase competition between Huawei and its major competitors, Apple and Samsung. The Kirin 970 is technically a chipset, … Continue reading “Huawei reveals new Kirin 970 phone chip”


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