Hedge funds take £162m bet against shares in property giant British Land

Hedge funds take £162m bet against shares in property giant British Land By Neil Craven, Financial Mail on Sunday Published: 21:50 BST, 19 June 2021 | Updated: 21:50 BST, 19 June 2021 Hedge funds have taken a £162million bet against shares in property giant British Land.  Official data shows the value of British Land shares … Read more

Tesco… but no tills: Supermarket giant will launch first checkout-free store 

Supermarket giant Tesco is set to launch its first checkout-free store following in Amazon’s footsteps. The announcement follows successful trials at Tesco’s head office, which saw shoppers scan items with their phone.  Payment was then taken automatically from the customers account as they walked out the store.   Chief executive Ken Murphy said the year-long trial at … Read more

Woolworths facing legal action supermarket giant short-changed workers $1.17million 

Woolworths is embroiled in underpayment scandal amid claims the supermarket giant short-changed workers $1.17million Woolworths facing legal action after allegations of underpaying employees  Fair Work Ombudsman has started proceedings against supermarker giant  Woolworths allegedly underpaid 70 managers as much as $1.1million   By Australian Associated Press Published: 03:08 BST, 18 June 2021 | Updated: 03:08 BST, … Read more

Giant dinosaur skeleton is unearthed in China: 26ft Jurassic monster that’s nearly 70% intact

Giant dinosaur skeleton is unearthed in China: 26ft Jurassic monster that’s nearly 70% intact is discovered in ‘rare’ find dating back 180 million years The fossil, found in Lufeng, south west China, is around 70 per cent complete Termed a ‘national treasure’ by head of the city’s dinosaur conservation centre Fossil believed to date back … Read more

Depop bosses to cash in on takeover by US giant Etsy

£1.2bn! Not bad for a second-hand clothes app: Depop bosses to cash in on takeover by US giant Etsy Simon Beckerman, a 47-year-old British-Italian entrepreneur, who was born in Milan and lives in London, founded Depop in 2011  Beckerman is likely to net a tidy profit along with chief executive Maria Raga, other senior employees and … Read more

US firm designs 520ft mega vessel Galleon with four giant sails and eight decks

If you’re a super-rich seafarer with an avid interest in sports and luxury living, then this mammoth eight-deck superyacht might be the lavish mega vessel for you. The Galleon, which is the largest design so far in the Goliath Series of superyachts, is sure provide hours of entertainment as it comes with a full-sized basketball court, … Read more

Commodities giant BHP bans late night drinking sessions

Commodities giant BHP facing a revolt at its mining camps in Australia after banning late night drinking sessions By Daily Mail City & Finance Reporter Published: 21:51 BST, 21 May 2021 | Updated: 08:21 BST, 22 May 2021 A London-listed commodities giant is facing a revolt at its mining camps in Australia after banning late … Read more

Care home giant HC-One hikes fees for residents while owners cash in 

UK’s biggest care home operator hikes fees for residents in the pandemic as owners cash in By Tom Witherow For The Daily Mail Published: 21:50 BST, 24 May 2021 | Updated: 21:50 BST, 24 May 2021 Britain’s biggest care home operator has hiked fees for residents in the pandemic while funnelling cash to its super-rich … Read more

Giant tortoise on Galapagos is confirmed to be a species thought to have gone extinct 100 YEARS ago 

‘Hope is alive!’ Giant tortoise found on the Galapagos islands is confirmed to be a species thought to have gone extinct 100 YEARS ago An adult female Fernandina Giant Tortoise was discovered in 2019 Genetic tests have confirmed her to be of the species (Chelonoidis phantasticus) Only ten species of giant turtle are thought to … Read more

Fund giant Ruffer slashes Bitcoin stake after Elon Musk tweets

Fund giant slashes Bitcoin stake after Elon Musk tweets trigger a frenzy: Ruffer cashes in on price surge with huge sale – so is bubble set to burst? By Emma Dunkley, Financial Mail On Sunday Published: 21:50 BST, 1 May 2021 | Updated: 21:50 BST, 1 May 2021 Fund manager Ruffer has sold the majority … Read more