The fiasco of Unilever’s offers increases the pressure on managers to implement Plan B.

As Christmas approaches, Unilever CEO Alan Jope hoped to give investors something to celebrate: the company’s biggest acquisition to date. In early November, he made an offer to open GlaxoSmithKline…

Netflix warning on subscriber growth sends stock plummeting

Netflix warned subscriber growth would slow substantially in the first quarter, sending its stock price down by nearly 20 per cent in late trading on Thursday in the latest instance…

Consumer confidence in the UK is falling due to rising living costs and inflation

Consumer confidence in the UK has fallen to its 11-month low as people worry about rising inflation and fuel bills, suggesting rising living costs will slow household households’ recovery. The…

Jack Ma’s Ant Group is involved in a corruption scandal in the Chinese media

China’s state television has implicated Jack Ma’s Ant Group in a corruption scandal, increasing pressure on the billionaire following a crackdown that wiped out billions of dollars from his internet…

JPMorgan pays Damon’s boss $ 34.5 million after record profits in 2021

JPMorgan Chase paid longtime CEO Jamie Damon $ 34.5 million in 2021, an increase of $ 3 million from the last two years and his highest salary since 2008. The…

The Fed is launching a debate on a possible digital currency

For the first time, the Federal Reserve is launching a period of debate and public comment on the introduction of a digital currency by the central bank, as it seeks…

Homebuying hurdles in the post-Brexit age

Italian-born translator Elisa Martellini moved back to her native Tuscany this month after living in the UK since 2017. She had been planning to stay on in Cambridge until she…