Category : Acquisitions

Widow of Mike Lynch Faces Legal Action Over Bayesian Scandal: Victims Demand Justice

Mike Lynch's widow sued over Bayesian scandal

The widow of Mike Lynch is now embroiled in legal action as victims of the Bayesian scandal seek compensation, raising questions about accountability and financial restitution.

11:12

Durex Owner Reckitt Faces Backlash Over £55m CEO Pay Package Amid Cost-Cutting

Reckitt faces backlash over £55m CEO pay amid job cuts

Reckitt Benckiser, the parent company of Durex, is under fire for approving a £55m pay deal for its CEO while slashing jobs and freezing wages for staff.

06:54

Samsung heir Jay Y. Lee cleared of fraud charges

Samsung's billionaire heir Jay Y. Lee has been acquitted of stock manipulation and accounting fraud charges related to a controversial 2015 merger, marking a pivotal moment for South Korea's corporate giant.

10:25

Trump's 401(k) Shake-Up: How Private Equity Could Reshape Your Retirement Savings

Trump's private equity 401(k) plan sparks debate

Former President Donald Trump's controversial proposal to allow private equity investments in 401(k) plans could dramatically alter retirement savings for millions. Experts warn of high risks as regulators scrutinise the potential move.

01:52

This Free Telegram App Replaces Your Messy Shopping Notes

Shared lists with real-time sync. No signup needed — just open and shop together.

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Diageo's Post-COVID Hangover: Why Debra Crew Couldn't Turn the Tide

Diageo's post-COVID struggles continue

Despite Debra Crew's leadership, Diageo struggles to shake off pandemic-era challenges. What went wrong for the drinks giant?

16:52

Diageo Shakes Up Leadership: CFO Set to Depart for PepsiCo Europe

Diageo CFO departs for PepsiCo Europe CEO role

Diageo's Chief Financial Officer, Lavanya Chandrashekar, is leaving the drinks giant to take the helm at PepsiCo Europe, marking a significant leadership shift in the beverage industry.

11:53

British Businessman Ryan Cornelius Faces 20-Year Sentence in Dubai: Shadow Foreign Secretary Lammy Calls for Sanctions Review

UK businessman gets 20-year Dubai sentence

Ryan Cornelius, a UK businessman, has been sentenced to 20 years in a Dubai prison amid allegations of financial misconduct. Shadow Foreign Secretary David Lammy urges the UK government to reassess sanctions policies to protect British nationals abroad.

18:19

Elon Musk's X Faces Legal Battle Over Alleged Unpaid Bonuses

Elon Musk's X sued over unpaid staff bonuses

Former employees of Elon Musk's X, formerly Twitter, sue the company for failing to pay promised bonuses after Musk's takeover, sparking a legal showdown.

13:29