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Feeding frenzy: how army of advisers is making millions from Thames Water
Sewage floating down Britain’s rivers has become a pungent political symbol. But a recent court case over Thames Water’s debts was not concerned with the flow of water and effluent so much as the flow of money.
Thames Water stands out amid the turmoil of the privatised water industry in …
BP shares jump after feared US hedge fund Elliott takes stake
Shares in BP have jumped by 8%, its biggest rise since 2020, after it emerged that the activist investor Elliott Investment Management had taken a stake in the UK oil company.
The stock rose as investors bet that Elliott, a feared New York hedge fund known for its attempts to …
Fraud trial of Forbes ‘30 Under 30’ honoree set to lift lid on startup culture
Charlie Javice has joined an undesirable club struck by the
, a term for the high-flyers identified by the business title as up-and-comers who ended up in legal trouble. The entrepreneur has joined a list that includes the pharmaceuticals fraudsterMartin Shkreli
…UK halves subsidies for Drax and says it must use 100% sustainable wood
Gold hits record high as Trump announces tariffs on steel and aluminium
Gold has reached to a record high and aluminium prices rose after
Donald Trump said he would impose new 25% tariffs
on steel and aluminium imports into the US, rattling financial markets.As investors rushed for a safe haven for their money, the spot price of gold …
Last throw of the boule for Addis Ababa’s historic pétanque club as developers turn city into hi-tech hub
It’s a quiet Saturday afternoon at the
Club des Cheminots
in downtown Addis Ababa, where Chebude Gobeza plays pétanque with a friend as groups of patrons sit around yellow plastic tables, chatting and sipping coffee and beer.Chebude comes to the Railway Workers’ Club every day, he says, after …
Monday briefing: Why the brutal fighting in the Democratic Republic of Congo could spiral into wider war
Asil Nadir, Polly Peck tycoon turned fugitive, dies aged 83
Nadir …
AFL welcomes six more players to millionaires’ club as market booms for top-end talent
Six more AFL players have elevated themselves into the millionaires’ row after the league announced its 2024 financial results and reported a surplus of $45.4m.
Twenty-five players earned $1m or more last season, an increase on the 19 reported for the previous year, in a trend that highlights the impact …