Tag: owner
Liberty Steel owner GFG to restart Rotherham and Stocksbridge plants
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The owner of Liberty Steel has pledged to restart its plants in Rotherham and Stocksbridge in South Yorkshire this month, saving the “substantial majority” of 1,000 jobs, by pumping £50m in cash into the business. The...
Courage owner believed alleged abuser Riley was ‘in good standing’
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The owner of the North Carolina Courage said on Wednesday the organization was not aware of allegations of sexual harassment against former coach Paul Riley until the report that led to his firing and apologized for t...
Voices from Australia’s Covid frontline: the shop owner and the customer
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The Little Bookroom owner, Fitzroy North, Melbourne The Little Bookroom has jumped over many hurdles in the past. It’s the world’s oldest children’s bookshop, opened in 1960, and that gave us the confidence we would ...
DraftKings makes $20bn offer for Ladbrokes and Coral owner Entain
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Entain, the gambling company behind Ladbrokes and Coral, has received a $20bn takeover approach from DraftKings – the latest swoop by an American rival. Shares in Entain surged by almost a fifth on the news of the cas...
A national anthem law may have finally silenced the NBA’s most outspoken owner
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As a Texas law that amounts to a near-total ban on abortion continues to make shockwaves around the world, another measure in the state goes largely unnoticed. Effective as of last Wednesday, it requires any Texas pro...
Franco Manca owner lauds return of workers and tourists to city centres
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The owner of the Real Greek and Franco Manca restaurant chains has said business is picking up week by week, with trading up more than a quarter over pre-pandemic levels as tourists and office workers begin to return ...
Port Talbot steelworks owner reports £347m loss despite £1bn funding
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The owner of Port Talbot steelworks crashed to a £347m annual loss as the pandemic hit demand, but insisted its finances are healthier after its parent, Tata, pumped in almost £1bn of equity. Losses at Tata Steel UK i...
Geronimo’s owner says UK government ‘planned to murder’ alpaca – video
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After a four-year legal battle, Helen Macdonald gave an emotional statement after her alpaca was forcibly removed from his home in Gloucestershire and put down. Macdonald said the UK government did not engage in good ...
Hopes for UK steel as Liberty owner enters talks with US lender
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The owner of Liberty Steel is in talks with the US lender White Oak Global Advisors over a refinancing deal that could help end months of stop-start operations at UK steel plants. GFG, the metals group run by the indu...
New owner could cut Channel 4’s Paralympics coverage, says ex chairman
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Channel 4’s successful decade-long mission to make the Paralympics a fixture on prime-time TV could be cast aside by a new owner if the government sells the state-owned broadcaster to the highest bidder, according to ...
Mike Ashley set to step down as chief of Sports Direct owner Frasers Group
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Mike Ashley is set to step down as chief executive of Frasers Group, the owner of Sports Direct, in May next year and hand over to his daughter’s fiance. The company, which also owns the House of Fraser department sto...
Mike Ashley to step down as head of Sports Direct owner – business live
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Rolling live coverage of business, economics and financial markets ahead of Bank of England interest rate decision
Why right to repair matters – according to a farmer, a medical worker, a computer store owner
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A tractor. A refrigerator. A smartphone. A ventilator. They may not seem to have much in common, but in fact they all share increasingly high tech features. And when they break, they need fixing. Yet, thanks to strict...
Video of Patriots owner Robert Kraft in massage parlor sex sting to be destroyed
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Video of the New England Patriots owner, Robert Kraft, and other men allegedly engaging in sex in a Florida massage parlor will be returned to prosecutors for destruction, a judge ruled on Friday, ending a two-year sa...
BA owner IAG to increase flights but losses hit €2bn
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British Airways’ owner, International Airlines Group, has announced plans to gradually return more planes to the skies after reporting a €2bn (£1.7bn) loss for the first half of 2021. International Airlines Group (IAG...
John Lewis and Waitrose owner to cut 1,000 jobs in stores
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The owner of John Lewis and Waitrose is planning to cut 1,000 jobs in stores as part of an effort to cut costs. The John Lewis Partnership (JLP) said it would aim to find new jobs for those losing their store manageme...