P&O's Redundancies
By Jake Rickman
What do you need to know this week?
Last Thursday, UK-based ferry operator P&O Ferries informed 800 of its crew and staff over a pre-recorded video message that they were all being replaced by third-party agency workers and therefore were to be...
Will The Era Of Stagflation Return?
By Jake Rickman
What do you need to know this week?
Many think of “stagflation” as a historic term that described the economic conditions of the 1970s; now, many economists increasingly wonder if it will describe our near future.
Stagflation is a...
Russian Default On National Debt
By Jake Rickman
What do you need to know this week?
Many market analysts predict Russia will default on its sovereign bonds. This is because, as of today, Russia is supposed to make an interest payment of $117m on bonds worth $38.5bn.
Given the...
The Impact of the Russia-Ukraine Conflict on the European Automotive Industry
By Jake Rickman
What do you need to know this week?
The horrific war Russia is waging in Ukraine is approaching two full weeks and there is no indication of a permanent ceasefire in sight. A conflict as...
Sanctions: A Legal Cause with Commercial Effect
By Jake Rickman
What do you need to know this week?
On Tuesday, the European Commission announced it would impose sanctions against Russia, which will reduce the supply of Russian oil by “two-thirds”. Shortly after, the US and UK followed...
Deeper Dive: Western Sanctions on Russia
By Jake Rickman
What do you need to know this week?
In light of Russia’s illegal invasion of Ukraine, Western powers including the EU, the US, and Canada have imposed substantial and unprecedented sanctions on Russia. The intent is to coerce the...
UK Government to Introduce Bill Cracking Down on Money Laundering
By Jake Rickman
What do you need to know this week?
In light of Russia’s illegal invasion of Ukraine and the sanctions Western nations have passed as a consequence, the UK Government is renewing its efforts to limit the...
Porsche-owned Volkswagen to sell Volkswagen-owned Porsche to the Public (?!)
By Jake Rickman
What do you need to know this week?
The German luxury brand Porsche AG is considering going public. Or at least its parent group, Volkswagen AG (VW) is thinking about floating it on the public...
The Russian-Ukrainian conflict
By Jake Rickman
What do you need to know this week?
Fears continue to mount over “the beginning of a Russian invasion of Ukraine”.
If you ask Russia, it says it has merely sent in a “peacekeeping” envoy into the region it recognised as independent the day...
Qatar and Airbus Poised to go Head to Head
By Jake Rickman
What do you need to know this week?
Airbus is preparing to defend itself from a claim Qatar Airways filed against the European plane manufacturer in December of last year for breach of contract.
The dispute stems from the fact...
Corbin & King vs Minor
By Jake Rickman
What do you need to know this week?
Restaurant group Corbin & King successfully parried away a High Court challenge brought on by one of its shareholders, Minor International.
Corbin & King owns and operates some of London’s most revered...
Peloton's CEO spins away into the sunset
By Jake Rickman
What do you need to know this week?
Is it possible to cycle off into the sunset on a Peloton bike? The company’s now-former CEO and co-founder John Foley may provide us with an answer.
On Tuesday, the CEO for Peloton announced he...
BT and Discovery team up for new sports venture
By Jake Rickman
What do you need to know this week?
Britain’s BT Group plc and the US media company Discovery, Inc. have announced a potential partnership on a new sports streaming venture.
If negotiations are successful, the two companies...
The "Wage-Price Cycle"
By Jake Rickman
What do you need to know this week?
Investors are betting that the European Central Bank will follow the lead of the Federal Reserve and increase interest rates. As we have examined in past newsletters, this could indicate that the market is coming...
The Unilever Saga Continues
By Jake Rickman
What do you need to know this week?
Last week, we examined Unilever’s failed attempt to acquire the consumer healthcare division of GlaxoSmithKline (GSK), as well as the market’s wider scrutiny of large conglomerate companies like GSK and...
Is The Cryptobubble Deflating?
By Jake Rickman
What do you need to know this week?
Cryptoassets have had a bad few weeks.
Bitcoin, still the most valuable cryptocurrency on the market, has seen half of its value wiped out in the past six months, having fallen from a high of over $64,000...
GSK Rebuffs Unilever's Third Offer
By Jake Rickman
What do you need to know this week?
Unilever has been chasing after GlaxoSmithKline (GSK), making its third offer to purchase the medical conglomerate’s consumer healthcare division. Once again, Unilever has been rejected.
You may...
Microsoft Acquisition of Activision
By Jake Rickman
What do you need to know this week?
Microsoft announced yesterday that it is buying out game developer Activision Blizzard for almost $70bn in what is one of the largest acquisitions in the company’s history.
Though Microsoft is famed...
Boots Eyed by Two PE Houses
By Jake Rickman
What do you need to know this week?
Boots, Britain’s favourite high street chemist, has the eyes of two of the world’s most distinguished private equity groups: Boston-based Bain Capital and CVC Capital Partners, a UK firm.
As far as PE deals...
Shipping Prices Continue to Rise
By Jake Rickman
What do you need to know this week?
The ocean tides may rise and fall, but global logistics analysts do not expect the cost of shipping to ebb in 2022.
When the world entered lockdown at the start of the pandemic, carriers cut voyages...
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