After Woodford fund suspension, focus turns to its stewards

After Woodford fund suspension, focus turns to its stewards
LONDON (Reuters) – The suspension of Neil Woodford’s flagship fund has put the focus on a little known firm tasked with ensuring his investors were being looked after properly. FILE PHOTO: Neil Woodford, founder and fund manager at Woodford Investment Management, is seen in this undated handout picture released on June 10, 2019. Jonathan Atkins/Handout via REUTERS/File Photo While Woodford,... Read More

Billionaire Patrick Drahi agrees to buy Sotheby’s in $3.7 billion deal

Billionaire Patrick Drahi agrees to buy Sotheby’s in $3.7 billion deal
FILE PHOTO: Employees take telephone bids during a contemporary art day auction at Sotheby’s in London, Britain, October 6, 2017. REUTERS/Toby Melville/File Photo PARIS (Reuters) – Patrick Drahi, the billionaire behind telecoms and media group Altice, has agreed to buy art auction house Sotheby’s in a deal worth $3.7 billion on an enterprise value basis. Sotheby’s said it had signed... Read More

Sotheby’s to be taken private by French billionaire Patrick Drahi

Sotheby’s to be taken private by French billionaire Patrick Drahi
FILE PHOTO: The logo of Sotheby’s auction house is seen at a branch office in Zurich, Switzerland October 25, 2016. REUTERS/Arnd Wiegmann/File Photo (Reuters) – Art auction house Sotheby’s said on Monday it would be taken private for $2.66 billion by a company owned by Altice Europe founder Patrick Drahi. Sotheby’s shareholders will receive $57 in cash per share held.... Read More

Tesla’s Elon Musk becomes ‘Daddy DotCom’ on Twitter

Tesla’s Elon Musk becomes ‘Daddy DotCom’ on Twitter
FILE PHOTO: SpaceX owner and Tesla CEO Elon Musk reacts during a conversation with legendary game designer Todd Howard (not pictured) at the E3 gaming convention in Los Angeles, California,.U.S., June 13, 2019. REUTERS/Mike Blake/File Photo (Reuters) – Silicon Valley billionaire Elon Musk tweeted here late on Sunday that he had “just deleted” his Twitter account, while also changing his... Read More

Boeing to supply parts for Airbus A320 jets for British Airways

Boeing to supply parts for Airbus A320 jets for British Airways
FILE PHOTO: The Boeing logo is pictured at the Latin American Business Aviation Conference & Exhibition fair (LABACE) at Congonhas Airport in Sao Paulo, Brazil, Aug. 14, 2018. REUTERS/Paulo Whitaker/File Photo PARIS (Reuters) – Boeing Co said on Monday it would supply parts for A320 jetliners made by its competitor Airbus to supply British Airways, the first such agreement by... Read More

Fashion house Chanel reaffirms its independence as sales and profits rise

Fashion house Chanel reaffirms its independence as sales and profits rise
FILE PHOTO: A woman walks past a wall with logos of French luxury goods maker Chanel in Nice, France, February 22, 2017. REUTERS/Eric Gaillard/File Photo PARIS (Reuters) – Luxury fashion group Chanel, whose star designer Karl Lagerfeld passed away earlier this year, reported higher annual sales and profits on Monday and once again reaffirmed its independence, stating it was not... Read More