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United set to sell club stake

August 18, 2011

Manchester United is set to sell off what is regarded as a significant stake to Singaporean investors to partly pay off gross debts of £515m, according to the BBC. BBC’s sports editor David Bond believes that it is widely understood the Mancunian club has lodged a listing application with Singapore’s ...

Insurance giant put on orgy for salesmen

May 19, 2011

One of the world's biggest insurance companies held a party for its salesmen, which saw them being rewarded with prostitutes and their services. Munich Re is currently the world's leading re-insurer and is, in other words, a company that acts as the main insurance company for ...

Research: Claiming back PPI saves cash while value bumper packs don’t

April 18, 2011

Family-sized value packs, which are often on offer in supermarkets, can actually cost more than buying individual items, according to the latest research. Shoppers who try and get the best deal by buying in bulk are sometimes saving less, according to a study by the Daily Telegraph newspaper. Known as "Bigger ...

Brits not prepared to expensive milestones

February 22, 2011

According to new research, British people vastly underestimate the cost of big life events, such as having a baby, getting married or going to university. According to the HSBC bank, which conducted the study, Brits expect to spend just £190,000 on life's big milestones while in actuality the can cost ...

Nokia teeters on the edge

February 15, 2011

For all its conspicuous fall from grace, Nokia is a company that still sells millions of phones a day. In an age where the latest touchscreens and tablets dominate the headlines, the mass market doesn't care much which "OS" they're using: operating systems are simply there to make a phone ...

Ebay pushes PayPal into limelight

February 11, 2011

EBay Inc put its online payments unit PayPal business into the spotlight predicting doubling of revenues by 2013. BGC Partners analyst Colin Gillis said that people are investing in eBay because of PayPal. Although PayPal has been the company’s main growth driver, in the minds of investors, questions still loom about ...

Highway thieves take lucrative gas stations

February 10, 2011

Marks & Spencer and Burger King have been accused of scamming millions of motorists with little choice for food. Ridiculous prices have been applied for driving in the wrong place, with 91 percent of drivers erroneously billed. Snacks aside, petrol and diesel go a long way. WH Smith imposed ...

Legal wrangling to continue over sale of Liverpool

February 9, 2011

The Royal Bank of Scotland and former Liverpool owner Tom Hicks will continue disputing the club’s sale to New England Sports Ventures in the High Court. Both sides want injunctions coming from a heated court-room battle last October which culminated in the sale of the club against Hicks’s wishes. In what ...

David Cameron signals no more meddling with banker bonuses

February 7, 2011

Despite the enormous £6billion in bonuses set to go to them, David Cameron has indicated that there would be no further action on bankers. On the other hand, Deputy Prime Minister Nick Cleg has insisted that a crackdown on bank bonuses is eminent. The disclosure of unthinkable ­payments at four ...

Ocado posts first profit since going public

February 3, 2011

Online grocery Ocado Plc has defied industry predictions and posted its first profit since going public. The supermarket said it would look to rival industry heavyweights like Sainsbury's and Tesco as it aggressively steps up its campaign to provide quality service and a wide variety of branded and own-label goods. Shares for ...

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