May 13 (Reuters) – Impossible Foods, which makes a meatless plant-based burger and is backed by celebrities like Serena Williams and Katy Perry, said on Monday it has raised $300 million in the latest round of funding ahead of a possible initial public offering. The fundraising underscores the growing appeal in plant-based food that tries […]
Impossible Foods Raises $300 Million Ahead Of Possible IPO Read More »
Image copyright Getty Images Autonomy’s former finance boss has been sentenced to five years in prison for fraud, linked to the $11bn sale of the UK software firm to Hewlett Packard. British citizen Sushovan Hussain faces jail in the US after being found guilty last year of 16 counts of securities and wire fraud. HP
Autonomy ex-finance chief sentenced to jail for HP fraud Read More »
An effort to unionize workers at Delta Air Lines is facing major pushback from the company, including literature suggesting workers would be better off spending their union dues on video games, alcohol and sports. Delta workers have described a full-court anti-union press: advertisements playing nonstop in break rooms, weekly anti-union meetings and stands full of
Delta’s Anti-Union Pitch Draws Backlash Read More »
Image copyright PA Image caption Honda made 160,000 Honda Civics in Swindon last year Honda’s decision to close its Swindon plant is a “body blow” and a “betrayal”, a union has said. The Japanese car maker said a three-month consultation produced “no viable alternatives” to its plan to close the factory in 2021. It added
Swindon Honda closure ‘a body blow’, says Unite Read More »
Mercedes-Benz owner Daimler AG has set the most ambitious target of any major automaker to cut its planet-warming emissions, promising a fully carbon-neutral fleet of passenger cars by 2039. The German company said Monday that electric vehicles will make up more than half its total car sales by 2030, and that it’s working to roll
Image caption Metro Bank chair Vernon Hill, pictured with dog Duffy, founded the bank in 2010 Metro Bank’s share price has fallen another 4% in early trading as concerns persist over its financial health. The bank’s shares have lost three-quarters of their value since January, when it announced it needed money to plug a funding
Metro Bank shares continue to slide Read More »
Image copyright Getty Images Pakistan has secured a $6bn ($4.6bn) bailout from the International Monetary Fund (IMF) as the country battles to stave off an economic crisis. The funding, which still needs approval from the IMF’s management, would be provided over three years. The agreement comes after months of negotiations and marks the latest in
Pakistan to get $6bn IMF lifeline to ease economic crisis Read More »
When Carole Farish left school 11 years ago she thought it would be fairly easy to find a job in retail or hospitality. But like many of her peer group she found it was not so straightforward. Carole belongs to a generation that, according to a new report, has been “left scarred” by joining the
Financial crisis ‘scarred’ younger workers Read More »
Image copyright Getty Images Image caption US and Chinese officials have held several rounds of talks in an attempt to strike a deal One of Donald Trump’s top economic advisers has acknowledged the president was wrong to suggest that China would pay tariffs on its exports to the US. Larry Kudlow, who heads the National
US will suffer from tariffs, Trump aide Larry Kudlow admits Read More »
A union has set up a food bank in the Whitehall office of a government department after a pay error meant some cleaners and support staff were left short. The PCS union said some of its members set it up in response to pay problems. A small number of staff employed by outsourcing contractor ISS
Whitehall food bank set up after pay error Read More »
