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Bircher muesli start-up lands £1m deal with Co-op and Tesco
The deal was announced in the wake of sweeping changes to Tesco’s supplier payment terms. The supermarket giant has halved the amount of time it will take to settle invoices to small companies, while...
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The real ticking time bomb for the Tories is home ownership
It is therefore shocking that just 63.3 per cent of English households now own their own home, down from 70.9 per cent in 2003 and back to levels last seen three decades ago. In stark contrast, home...
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SABMiller calls in Takeover Panel amid battle with AB InBev
The London-listed company swiftly contacted the Takeover Panel to urge it to take action. The regulator in turn forced AB InBev to issue a clarification statement making clear to investors that it did...
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China: Don't worry about our economy
“I would say, don’t worry,” said Yi Gang, deputy governor of the People’s Bank of China, after the International Monetary Fund warned of risks in China’s economic challenges. “China will still have...
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Box to open European data centres after ECJ privacy ruling
Mr Levie criticised “legacy” privacy laws that “make no sense”, but accepted there were good reasons why European countries would want personal data to remain inside the EU. He suggested the end of...
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Carlos Brito will be the king of beers, but at what price?
It was with this robust management style that Brito became chief executive of AB InBev in late 2005, a year after it was formed from the merger of Brazil’s AmBev, where he had been chief executive,...
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Mobile phone customers could pay more after Three's takeover of O2, Ofcom warns
European regulators are investigating the Three/O2 deal, and last week Commissioner Margrethe Vestager said that cutting the number of mobile operators in a national market can raise prices for...
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Volkswagen's US boss knew about emissions problems in 2014
After the written version of Mr Horn’s remarks became public, Volkswagen spokeswoman Jeannine Ginivan told The Associated Press that Mr Horn would testify on Thursday that he only learned of the...
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Deutsche Bank expects to lose €6bn in just three months
Deutsche Bank warned it would post a net loss of €6.2bn in the third quarter and that dividends for the year may be scrapped. The bank said it would book a charge of €5.8bn in impairments, “largely...
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