Moncler cements itself as a forerunner in the luxury fashion industry by acquiring keynote designer brand and recognised competitor, Stone Island. The acquisition, financed partly by cash and partly by shares, is expected to happen in two phases. Moncler will acquire 70% of the stock from Stone Island owner, Carlo Rivetti and family, while the …
Snapshot Update: Moncler acquires Stone Island for €1.15bn Read More »
There had been an inquiry earlier this year by the FIA who govern Formula One. On 12 July, Renault launched a protest concerning the legality of the Racing point car. It had been dubbed ‘The Pink Mercedes’ due to the similarities to the previous season’s Mercedes team car. The regulations in question are contained in …
The domestic use of flying cars is a fast growing sector, one likely to be a trillion-dollar industry by 2040. Currently, multiple well-known companies are in the midst of developing and testing the futuristic vehicles. Uber being amongst them, is looking to expand its company to UberAir by 2023. In recent weeks, a Japanese start-up company, SkyDriver – which …
In a progressively health conscious society, we are more inclined to scrutinise the ingredients in our food than the components that make up our tech products. Probably because your phone won’t cause you to suffer an allergic reaction – but, what if I told you someone may have suffered to get you your phone? The …
The Government continue to implement a two week quarantine rule for travellers entering the UK as the second wave maintains momentum across the nation. However, Heathrow, one of the main airports in the UK, have begun testing passengers for coronavirus on some flight routes. Some countries such as Ireland offer a choice of a two …
The UK has officially entered a recession after reporting negative GDP growth for a second consecutive quarter. The UK suffered a decline of 2.2% in the first three months of the year and a further decline of 20.4% the following three months ending with June compared to the previous quarter. The Office for National Statistics …
On Monday 28 September, Caesars Entertainment announced its plan to acquire the British gambling company William Hill. The deal comes in an attempt by William Hill to conquer the expanding U.S. sports betting market. Caesars intends to combine its land-based casinos with William Hill’s online franchise and has offered to buy the company at a …
Snapshot Update: Caesars Entertainment to acquire William Hill Read More »
A major reason for the UK leaving the European Union was so that it could regain control of its sovereignty. Of course, whether a nation can truly exert sovereignty or whether it is a figment of the imagination is up to debate. Nevertheless, let us explore the notion of what the UK may regain in regard to …
A rundown of what’s going on in Hong Kong On 1 July 1997, there was an official handover of Hong Kong from Britain to China as Hong Kong was a former British colony. There was an agreement in 1984 to be in place until 2047 between Britain and China to introduce “One country, Two systems.” …
From 2021, Farmers will no longer benefit from the Common Agricultural Policy which funds UK agriculture at £3.5 billion annually. The Agriculture Bill provides the legislative framework for the replacement agricultural support schemes. The Government have described it as ‘landmark legislation to boost productivity and reward environmental improvements for decades to come.’ An amendment tabled …
Snapshot: Brexit: Is farming going to be another victim? Read More »