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Oct 25 (Reuters) - British online furniture retailer Made.com Group (MADE.L) said on Tuesday talks with a number of interested parties for a potential sale of the company have been terminated after they were unable to meet the timetable. The company added it is no longer in receipt of funding proposals or any possible offers for a potential sale. "The company may determine that it is appropriate to request a suspension of listing of the company's ordinary shares on the London Stock Exchange's Main Market for listed securities," Made.com said in a statement. Reporting by Amna Karimi in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.
Robert Walters posts higher profit on strong hiring trends
  + stars: | 2022-10-11 | by ( ) www.reuters.com   time to read: +1 min
Oct 11 (Reuters) - British recruitment firm Robert Walters (RWA.L) on Tuesday reported a 22% jump in its third-quarter gross profit, as hiring stayed robust amid intense competition to fill up vacancies. Register now for FREE unlimited access to Reuters.com RegisterThe company's gross profit rose to 112 million pounds ($123.5 million) for the quarter ended Sept. 30, compared with 91.8 million pounds a year earlier. Its quarterly gross profit for UK, however, fell 6%, owing to more challenging market conditions across technology recruitment and resource solutions. Peers PageGroup (PAGE.L) and Hays (HAYS.L), which have also seen a combination of talent shortages and wage hike leading to sharp increase in their net fees, are expected to report their quarterly results this week. Robert Walters, which forecast its annual profit to be in line with current market expectations, also named Leslie Van de Walle as non-executive chair.
SummarySummary Companies Q4 LfL sales up 1.5% vs 2019Flags higher energy and utility costsShares down ~7%Sept 29 (Reuters) - Mitchells & Butlers (MAB.L) warned of tighter margins in its new financial year as costs rise, driving shares in the British pub operator to two-year lows. Energy and utility costs have risen to roughly 150 million pounds ($161.6 million) in the year ending September 2022, from 80 million pounds in the 2019 period, and could rise further next year, it said in a statement on Thursday. Shares in the company, which have nearly halved in value this year, fell nearly 7% to their lowest since Oct. 2020. read moreBritain has tried to ease the pressure of soaring energy costs, saying it would cap wholesale electricity and gas costs for businesses at less than half the market rate from the coming month until the end of March. Like-for-like sales were up 1.5% for the fourth quarter ended Sept. 24, against 2019 levels, amid rail strikes and extreme heat.
UK's Saga shares drop 20% after profit warning
  + stars: | 2022-09-27 | by ( ) www.reuters.com   time to read: +1 min
Register now for FREE unlimited access to Reuters.com RegisterSept 27 (Reuters) - British holidays group Saga Plc (SAGA.L) cut its full-year profit forecast on Tuesday, after reporting a loss for the first half of the year as its insurance unit struggles with inflationary woes, sending its shares 20% lower. Saga said its underwriting business has experienced high levels of claims inflation, currently around 13%, increasing the cost of insurance claims and hitting profitability. "Trading conditions in the UK insurance market continue to be challenging," Chief Executive Officer Euan Sutherland said in a statement. Saga posted a first-half pretax loss of 257.5 million pounds, as compared to a profit of 0.7 million pounds a year earlier. ($1 = 0.9275 pounds)Register now for FREE unlimited access to Reuters.com RegisterReporting by Amna Karimi in Bengaluru; Editing by Savio D'Souza and Rashmi AichOur Standards: The Thomson Reuters Trust Principles.
GSK picks Burberry's Brown as CFO
  + stars: | 2022-09-26 | by ( ) www.reuters.com   time to read: +2 min
Register now for FREE unlimited access to Reuters.com RegisterGSK (GlaxoSmithKline) logo is seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/SummarySummary Companies Brown to join GSK in April, start as CFO in MayCFO Iain Mackay to retireSept 26 (Reuters) - GSK (GSK.L) named luxury fashion brand Burberry's (BRBY.L) Julie Brown as its new chief financial officer on Monday to succeed Iain Mackay, at a time when the British drugmaker is sharpening focus on its core business. The change comes after GSK spun off its large consumer business, Haleon (HLN.L), to focus on prescription drugs and vaccines. Burberry had said on Friday that Brown would step down as its CFO and chief operating officer in April to take up a role outside the luxury industry. Register now for FREE unlimited access to Reuters.com RegisterReporting by Amna Karimi and Pushkala Aripaka in Bengaluru; Editing by Subhranshu Sahu and Louise HeavensOur Standards: The Thomson Reuters Trust Principles.
Mackay, 60, will be retiring next year after serving as GSK's finance chief for nearly four years, following an eight-year stint as group finance director at the bank HSBC. Register now for FREE unlimited access to Reuters.com RegisterBrown, also 60, will join GSK in April and take up the job in May. She also served in several finance roles at AstraZeneca (AZN.L), which last year also appointed a female CFO, Aradhana Sarin. With Emma Walmsley as GSK's chief executive officer, Brown's appointment also creates a rare, all-female top management at a blue-chip (.FTSE) British company and a global pharma major. Brown will receive an annual base salary of more than 900,000 pounds at GSK, the company said.
Register now for FREE unlimited access to Reuters.com RegisterGSK (GlaxoSmithKline) logo is seen in this illustration, August 10, 2022. REUTERS/Dado Ruvic/Illustration/SummarySummary Companies Brown to join GSK in AprilIain Mackay to retire in MaySept 26 (Reuters) - Britain's GSK (GSK.L) has appointed its first female chief financial officer, Julie Brown, to succeed Iain Mackay, as the drugmaker focuses on its core pharmaceuticals business. With Emma Walmsley as GSK's chief executive, Brown's appointment also creates a rare, all-female top management at a blue-chip (.FTSE) British company and a global pharma major. Mackay, 60, will retire next year after almost four years as GSK's finance chief, before which he completed an eight-year stint as group finance director at HSBC. She also served in several finance roles at AstraZeneca (AZN.L), which last year appointed a female CFO, Aradhana Sarin.
Made.com web site is seen on a smartphone in front of a displayed logo in this illustration taken June 16, 2021. Made.com employs around 700 people, indicating more than 200 jobs could be cut. In the past year supply chain disruptions, made worse by Russia's invasion of Ukraine, have also pushed up costs for companies, including Made.com. Made.com appointed PricewaterhouseCoopers (PwC) as its financial adviser to the strategic review and formal sale process. British retailer DFS Furniture (DFSD.L)last week also warned of a challenging outlook for the furniture sector, saying volumes have fallen as demand wanes.
Register now for FREE unlimited access to Reuters.com RegisterThe logo of Deutsche Bank is pictured on a company's office in London, Britain July 8, 2019. Sewing has since taking over in 2018 tried to show investors that Deutsche Bank has addressed its internal controls shortfalls. New York's Department of Financial Services fined Deutsche Bank $150 million in July 2020 over its relationships with Epstein and Danske Estonia. Friday's settlement covers Deutsche Bank investors in the United States from March 14, 2017 to Sept. 18, 2020. The case is Karimi v Deutsche Bank AG et al, U.S. District Court, Southern District of New York, No.
Register now for FREE unlimited access to Reuters.com RegisterThe logo of Deutsche Bank is pictured on a company's office in London, Britain July 8, 2019. Sewing has since taking over in 2018 tried to show investors that Deutsche Bank has addressed its internal controls shortfalls. New York's Department of Financial Services fined Deutsche Bank $150 million in July 2020 over its relationships with Epstein and Danske Estonia. Friday's settlement covers Deutsche Bank investors in the United States from March 14, 2017 to Sept. 18, 2020. The case is Karimi v Deutsche Bank AG et al, U.S. District Court, Southern District of New York, No.
The rise of the 'bait-and-switch' job interview
  + stars: | 2022-09-14 | by ( Rob Price | ) www.businessinsider.com   time to read: +14 min
According to recruiters, employers, and job applicants interviewed by Insider, an increasing number of candidates are employing stand-ins to do their job interviews for them. At its simplest, it entails a job candidate hiring a person to pretend to be them, sit through the job interviews, and land them the position. The coworker had landed a job interview with Amazon and wanted to know whether the engineer would do the telephone interview on his behalf. Finally, for unscrupulous job candidates who are prepared to pay top dollar, there are "professional" proxies who will serve as stand-ins on job interviews — for a steep fee. Or paid someone to do a job interview for you?
CNN —Irene Gakwa’s last WhatsApp video call with her parents was filled with gentle ribbing. After Gakwa’s brothers could not reach her, they looked through her phone records and called a close friend she’d talked to numerous times. A group formed to help find Irene Gakwa prepares to post signs seeking information about the missing woman in Gillette, Wyoming, on June 18. Lacey Ayers talks to Stacy Koester, left, and Melissa Bloxom as they place signs with an image of Irene Gakwa in a yard in Gillette, Wyoming. Gakwa and Hightman eventually moved in together in Meridian, and she started nursing school at College of Western Idaho.
BeReal is a social media app that encourages users to share a slice of their life in real time. The result is a far cry from the polished, overly curated photos popular on other social media platforms. The BeReal app launched in late 2020 and is rapidly growing in popularity among young people. Telerski says he tries to maintain a certain level of authenticity on social media regardless of the platform. “For those who think we need a new social media app in order to be truly authentic, maybe we should take that as a sign to be more authentic throughout our existing social media presence,” he says.
Persons: it’s, Austin Steele, , Ben Telerski, , Telerski, ” Ben Telerski, Alexandra Henn, Ben, you’re, BeReal, BeReal Morgan Nott, Nott Organizations: CNN, Facebook, Georgetown University Locations: Apptopia, France, Reno
BeReal is a social media app that encourages users to share a slice of their life in real time. The result is a far cry from the polished, overly curated photos popular on other social media platforms. The BeReal app launched in late 2020 and is rapidly growing in popularity among young people. If someone tries to keep their social media presence highly polished and produced, BeReal is not the app to use.”Ben Telerski and Alexandra Henn in an image from his BeReal app. “For those who think we need a new social media app in order to be truly authentic, maybe we should take that as a sign to be more authentic throughout our existing social media presence,” he says.
Afghanistan is being overrun by crystal meth
  + stars: | 2021-05-07 | by ( Ali Latifi | ) www.businessinsider.com   time to read: +14 min
The US is leaving behind a flourishing, violent trade in heroin and crystal meth in Afghanistan. HERAT, Afghanistan — For weeks, Afghan police had been staking out a single-family house they believed was being used as a meth lab. Afghanistan's drug trade generates an estimated $35 million a month for the Taliban and drug gangs. A mysterious grassIn 2017, rumors circulated in western Afghanistan that a mysterious form of grass had been found to contain the key ingredient in crystal meth. "So long as this war continues, the drug trade will continue to grow bigger and bigger.
Sursa foto: dcnews.roO femeie din Iran, acuzată că și-a ucis soțul, a fost executată de propria sa fiicăMaryam Karimi și-ar fi ucis soțul cu ajutorul tatălui ei, Ebrahimi Karimi, în urmă cu 13 ani. Femeia a fost condamnată la închisoare și până acum a stat după gratii. Femeia a fost spânzurată pe 13 martie de fiica sa, la penitenciarul din Rasht. Fata, care avea 6 ani când femeia și-ar fi ucis soțul, ar fi refuzat să o ierte sau să accepte o compensație financiară. În urma execuției, tatăl lui Maryam, Ebrahim, a fost adus de autorități pentru a-i vedea cadavrul atârnând.
Persons: Ea, Maryam Locations: Iran, Rasht, Republica Islamică
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