UK based Deliveroo announced that it has decided to end its operations in Australia. This decision is driven by the Company’s disciplined approach to capital allocation. Management is committed to…
Estee Lauder buys designer brand Tom Ford
Luxury cosmetics firm Estee Lauder will buy designer fashion house Tom Ford in a deal worth £2.4bn, the company has announced. The deal would be Estee Lauder’s biggest acquisition to…
Twitter new owner Elon Musk pulled more than 50 Tesla Empolyees
New Twitter owner Elon Musk has pulled more than 50 of his trusted Teslaemployees, mostly software engineers from the Autopilot team, into his Twitter takeover. Musk, who is CEO of…
Johnson & Johnson Vision announces €100m investment in Limerick
Johnson & Johnson Vision Care Ireland UC, a global leader in eye health and part of Johnson & Johnson MedTech, today announced an expansion of its existing facility in Plassey,…
Dublin’s Temple Bar pub sees return to profit this year
The company behind the Temple Bar pub in Dublin expects to return to profit this year after two years of Covid-19 related losses. New accounts for Temple Inns Ltd state…
Amazon takes over MGM Studios for £5.97bn
The acquisition marks Amazon’s second-biggest after it bought upmarket grocery chain Whole Foods for £10.7bn in 2017. The sale includes Metro Goldwyn Mayer’s ‘Epix’ cable channel which makes popular TV…
McDonald’s and Subway struggling with food supplies due to Lorry Driver shortage
McDonald’s has been joined by Subway and Wetherspoons in struggling with food supplies to stores, with a shortage of lorry drivers causing the disruption to continue. Dairy giant Arla says…
Pret a Manger looking to expand outside city centres as shops in regional towns ‘busier than ever’
Pret a Manger is planning to expand beyond city centres as branches in regional towns are “busier than they have ever been”. The coffee shop chain could boost its presence…
Nestle buys Nature’s Bounty Company’s main brands for £4.13 billion
Nestle see the increasing consumer demand for nature brands and an ageing population make a promising market for natural ingredients for health products. To fulfil this growing demand, Nestle has…
Why European Super League and who was behind it?
Updated 07:14 GMT: All six Premier League teams will no longer take part in the breakaway European Super League. Chelsea FC was the first club of the 12 teams who…