The well-known activist investor Carl Icahn has made a massive investment in underdog taxi hailing startup Lyft through his Icahn Enterprises
Category: News Wire
Daily feed of the best news affecting your small and medium sized business SME / SMB from media and websites in Britain and across the world
Meet the South African billionaire buying Britain’s high street
If you spend any money on a British high street in the coming months, there’s a good chance you’ll be giving some of your cash to a billionaire you’ve never heard of.
Osborne could sell entire taxpayer stake of Lloyds in 12 months
Lord Blackwell says it is “possible” that Treasury’s 20pc stake could be sold in the next year
SABMiller buys London craft brewer Meantime
Drinks giant SABMiller has agreed to acquire Meantime Brewing Company, a London-based craft brewer.
Avon shares soar 20% after mystery firm files improbable bid
Cosmetics company denies receiving $18.75-a-share offer – three times its market value – from ‘buyer’ that does not appear to exist
EU poll should take place ‘as soon as necessary’, says Bank of England chief
Mark Carney says prospect of referendum is stoking business uncertainty, which could hurt economy if firms put off investment plans
25 ridiculous phrases at work
Listen Ray, I don’t have the bandwidth for it with everything that’s on my plate, but ping me anyway because at the end of the day it’s on my radar and I don’t want to be thrown under the bus because I didn’t circle back around on this no-brainer.
Most startups will never be unicorns–and that’s OK
It’s ludicrously easy for Uber and other billion-dollar startups to raise money. But it’s still incredibly difficult for nearly anyone else.
German economy slows by more than expected
Germany’s economy slowed by more than expected in the first three months of the year, official figures have shown, growing by just 0.3%.
French economy grows twice as fast as UK
The French economy grew surprisingly fast at the start of the year, but analysts are concerned by a continuing fall in investment
EasyJet posts first half-year profit since 2002
The low-cost airline was boosted by cheaper oil prices and a tumbling euro, but warns that its third-quarter has been hit by strike action
The single most important leadership skill
A study of 20,000 employees around the world found that this trait is more important to them than recognition and appreciation.
Retailers suffer post-Easter sales slowdown
British Retail Consortium says like-for-like figures fell 2.4% despite leap in sales of summer clothing and tanning products during sunniest April on record.
Why compassion is a better managerial tactic than toughness
Stanford University neurosurgeon Dr. James Doty tells the story of performing surgery on a little boy’s brain tumour. In the middle of the procedure, the resident who is assisting him gets distracted and accidentally pierces a vein.
Insurance payments not clear enough, says regulator
The Financial Conduct Authority (FCA) says insurance companies are not being clear enough about the cost of paying premiums in instalments
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