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Leadership
Finance
Technology
Marketing
Top 10
March 2019
February 2019
January 2019
December 2018
November 2018
October 2018
The British multinational advertising and public relations company, WPP, has confirmed Mark Read as the firm’s new Chief Executive, BBC News reports. According to reports, Mr Read will replace Sir Martin Sorrell who, following accusations of personal misconduct, resigned in April. Having been operating WPP on an interim basis and currently being the co-chief operating officer...
The US-based beverage manufacturer, the Coca Cola Company, has announced it will be acquiring the UK-based coffee company, Costa Coffee. Coca Cola will acquire Costa from its parent company, Whitbread PLC, for £3.9bn (US$5.1bn). The US company aims for the deal to expand its coffee portfolio and strengthen its platform across Europe, Asia Pacific, the Middle East, and Africa....
The British home appliance manufacturer known for its vacuum cleaners, Dyson, announced its plans to enter the electric vehicle (EV) market in September 2017. The firm has now revealed plans to build a 10-mile test track at the Hullavington airfield in Wiltshire, UK. The company, which claimed to have been working on its EV project a couple of years prior to announcing the news, ac...
The Australian airline, Qantas, has previously announced plans to launch a non-stop flight between two of the farthest locations in the world – London and Sydney. The company’s CEO, Alan Joyce, challenged the European and American aircraft manufacturers, Airbus SE and Boeing, to create a plane capable of handling the 20-hour flight. “We’re now comfortable th...
Nestlé, the Swiss food and beverage firm, has completed a licensing deal with the US-based coffee company, Starbucks. The closure of the US$7.15bn deal that will grant Nestlé the rights to globally market Starbucks Consumer Packaged Goods and Foodservice products was announced on 28 August. “This partnership demonstrates our growth agenda in action, giving Nestl...
Thyssenkrup, the German steel company, is edging closer to selecting its chairperson, sources close to the matter informed Reuters. Two of the sources claimed that discussions are currently undergo with a potential candidate. The position has been vacant since last month when Ulrich Lehner resigned from the role. The firm’s new chairperson will be selected by the five-me...
TSB Bank, the UK-based financial serviced firm, has announced that three of its Senior Executives will be leaving the business. The company’s Chief Marketing Officer, Nigel Gilbert, and its Treasurer, Ian Firth, have confirmed they will be retiring at the end of next month. Rachel Lock, the Human Resources Director at TSB will also be leaving the firm, scheduled for the end o...
The Competition and Markets Authority (CMA), the UK’s competition watchdog, has begun an investigation into the merger between the retail supermarkets, Sainsbury’s and Asda. CMA has launched the investigation to discover if the merging of the companies will leave UK consumers will less choice and raised prices. The watchdog is also concerned that the proposed merger, wh...
The professional services firm, Capita plc, has appointed Patrick Butcher as its new Chief Financial Officer. Butcher will replace Nick Greatorex on 30 September, who has held the position from March 2015. The new CFO has more than 19 years of experience working as a finance director, having spent six years as Group Finance Director at Network Rail. Butcher has also worked for...
The German automobile firm, Daimler, has entered discussions with the German automaker, Volkswagen, to acquire a stake in the used-car portal Heycar. The firms are reportedly in advanced talks over the stake acquisition in the firm which Volkswagen launched in 2017, Handelsblatt reported. SEE ALSO: Daimler and Baidu sign MoU to expand automated driving partnership ...
The UK retail company, Debenhams, has announced the appointment of a new Chief Financial Officer. Rachel Osborne will join the company on 17 September, replacing Matt Smith, who announced in April his plans to join retail rival Selfridges under the same role. Smith will leave Debenhams at the end of this month after working as the CFO at the firm for three years. Prior to her ...
The British luxury online marketplace, Farfetch, has confirmed that it has filed for an IPO and plans to list on the New York Stock Exchange under the ticker FTCH. The IPO comes shortly after the luxury platform recorded a revenue spike. In the 2017 fiscal year, the London-based retailer generated revenue of $385mn, a 59% jump compared to the previous year. SEE ALSO: ...
The US-based e-commerce giant, Amazon, has expressed interest in launching a UK insurance comparison site. The firm has been in discussions with several European insurance companies to seek contributions to the site, Reuters reported. Three executives from the industry spoke to Reuters regarding the topic, with one claiming there were no imminent plans for a launch. “As ...
The Economist Intelligence Unit (EIU) has named Vienna the most liveable city in the world. The city has claimed the title for the first time, with Melbourne taking the top spot for a record seven consecutive years. This year’s survey also marks the first time a European city has been placed first on the list, with the highest positions often dominated by cities from Australi...
The US-based ticket distribution site, Ticketmaster, has announced it will be closing its UK subsidiaries. The firm will be shutting down its Seatwave and GetMeIn sites, which allow customers to sell unwanted tickets. The company has made the announcement in a bid to tackle touts, and will be replacing the subsidiaries with sites that will allow customers to sell tickets at face va...
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