Enforced takeovers during the crisis will mean a bumper year for the bankers who advise on billion-dollar dealsJust as most of us are feeling the effects of soaring inflation, which the Office for National Statistics said last week had reached a 10-yea…
‘I got my weed from California’: Justin Bieber launches joints named after song
Peaches cannabis products will be available in California, where recreational marijuana is legal for over-21sJustin Bieber has entered the cannabis industry launching $32 (£23.50) packs of pre-rolled joints named Peaches after his recent hit song.Biebe…
Hospitality and tourism bosses plead for VAT rate freeze at 12.5%
Coalition of UK industry bodies warns of ‘painful’ job losses if Treasury returns tax to pre-Covid levels in AprilHospitality and tourism bosses are pleading with the government to permanently lower the VAT rate on businesses in their sectors to help s…
Adidas sells Reebok to US conglomerate after shareholder pressure
Sportswear brand sold at a huge loss to Authentic Brands Management after failing to take on rival NikeAdidas is selling Reebok to the US brand management company Authentic Brands Group for up to €2.1bn (£1.8bn), as the German sportswear firm concentra…
Carlyle ups bid for inhaler firm Vectura, trumping tobacco giant Philip Morris
Offer for UK company from Marlboro cigarettes maker had alarmed medical expertsUS private equity firm Carlyle has made an improved £958m takeover offer for British inhaler maker Vectura, trumping an earlier bid from tobacco company Philip Morris Intern…