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Tag Archives: new business ideas

Capita warns on profit as it sets out drastic shake-up

Outsourcing firm Capita has announced a major shake-up as it warned on profits and said it had to change its approach to succeed.New chief executive Jonathan Lewis said the firm had become “too complex” and “driven by a short term focus”.The firm, which issued several profit warnings last year, …

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Global brew

Media playback is unsupported on your device It is fair to say that businessman Tran Qui Thanh is a colourful character.One of the most successful business owners in Vietnam, every year his company – soft drinks firm THP – holds a televised gala.Broadcast across the country, the 64-year-old sings …

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Things fall apart

Pity today’s clothes. Like unloved toys, they’re being worn less often than ever.The rise of fast fashion retailers has meant that consumers can buy trendy clothes almost the second they’re designed – and just as quickly move on to the next fad.Most of us try to lessen the guilt …

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'Dangerously' drunk tourists may not win insurance claims

A man who fell and hit his head after “drinking all night” was correctly refused travel insurance cover, an ombudsman has said.Yet, another man who slipped over in a nightclub’s toilets after a drink while on holiday should have been covered.The cases have been featured by the financial ombudsman …

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US stocks fall for second consecutive day

US markets have suffered a second day of steep losses, as investors dumped health care companies and Apple. The blue chip Dow Jones Industrial Average sank nearly 1.4%, marking its biggest one-day decline in months.The fall followed the news that Amazon, JPMorgan Chase and Berkshire Hathaway would create a …

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Theresa May unveils education deal at start of China visit

Theresa May has announced new education links with China as she arrives for a three-day visit to boost trade and investment after Brexit.The initiative includes the extension of a Maths teacher exchange programme and a campaign to promote English language learning in China.The UK prime minister has claimed her …

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Quiksilver chief goes missing at sea

French coastguards are searching for the head of a leading surfing equipment company after his boat was found washed ashore in south-western France.Pierre Agnès set sail on Tuesday morning but did not return.The 54-year-old Frenchman is chief executive of Boardriders – a US-based company that until recently was known …

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