Europe
Headlines
How will Brexit affect contractors in the UK?
With March 2019 edging closer, everyone is waiting to see what the effects of the decision to leave the EU will be. For now, uncertainty reigns, with many contractors across the nation speculating about potential far-reaching implications.As a contractor in the UK, you may be wondering whether Brexit will have a positive or negative impact on your job,...
Agri-tech startup Pure Harvest Smart Farms
Hosts Product Launch Event for “First-of-Its-Kind” High-tech GreenhouseIts sustainably-grown, year-round premium quality fresh produce now on shelves at major retailers Pure Harvest Smart Farms Ltd. (“Pure Harvest” or the “Company”) – a transformational, technology-enabled arid climate agribusiness based in Abu Dhabi, United Arab Emirates...
Spanish insolvency and disputes boutique J Almoguera Abogados boosts its team with two key new hires
J Almoguera Abogados, a Madrid based boutique legal practice, has expanded its team by bringing on board Of Counsel Blas González and Senior Attorney Eduardo Vázquez de Prada. Blas González is a very distinguished expert on insolvency, corporate litigation and IP. He was a commercial judge for over 17 years and served at the Barcelona commercial...
Pantheon Signs UK Government’s Women in Finance Charter
Appoints new Global Head of HRSenior U.S. Representative appointed to Sponsors for EducationalOpportunity’s Limited Partner Advisory CouncilPantheon is pleased to announce it has signed HM Treasury’s Women in Finance Charter, furthering our public commitment to progressing gender diversity in private markets. HMT’s Women in Finance...
Drooms appoints Rosanna Woods as Managing Director UK
Drooms, the leading provider of data rooms in Europe, today announces that Rosanna Woods has been appointed as Managing Director UK. Ms Woods is responsible for the entire UK operation, with responsibility for the team, including training and development, distribution of Drooms’ software solutions, strategic business development and customer...
Finance
EIB’s leadership in the Circular Economy recognized at World Economic Forum meeting in Davos
The EIB has been selected as the runner-up in the “Investor” category of The Circulars 2019, the world’s premier circular economy award program organized by the World Economic Forum and the Forum of Young Global Leaders. The award ceremony, which was held on 21 January in Davos, recognized the EIB’s strong contribution to the...
La BEI signe l’Appel de Berlin pour le patrimoine culturel
La BEI a signé l’Appel de Berlin « Le patrimoine culturel - Un atout pour l’avenir de l’Europe » afin de promouvoir « la capacité à rassembler de notre patrimoine culturel commun et des valeurs que nous partageons pour rapprocher les collectivités et les citoyens européens. »Read...
The EIB signs the Berlin Call to action for cultural heritage
The EIB has signed the Berlin Call to action “Cultural heritage for the future of Europe” to promote the “positive and cohesive power of our shared cultural heritage and values to connect Europe’s citizens and communities”.Read More
Andrea Orcel’s move from UBS to Santander falls through
IN ONE LUDICROUSLY well-paid profession, January is a month for big-money moves. Stars grin for the cameras, are lauded by their new bosses and gush about their future teammates. Sometimes deals collapse at the last minute—occasionally, embarrassingly, in public. So much for football, where such pratfalls are merely part of the show. But not,...
As China’s debt soars, the market for buying bad loans revs up
FOR MANY investors, debt in China is something to fear, a shadow over the world economy. But for a different breed, it looks more like a terrain of untapped profits. This dichotomy has been sharpened by a run of weak data in recent days. Worries about a sharp slowdown in China have rattled global markets. But for the opportunists, it is a time...
Legal
67% of law firms say skills shortages threaten growth
Despite the ongoing environment of geopolitical uncertainty, UK law firms remain optimistic about their growth prospects. That’s according to new research from specialist recruiter, Clayton Legal , which reveals that 66% of firms are looking to increase headcount over the next twelve months to contend with increased demand for their services. The...
Seedrs launches programme for financial intermediaries following record breaking Q3
The programme introduces wealthy individuals to early stage equity deals on Seedrs via their accountants, brokers and financial consultantsOver £3.6bn was invested into equity deals in the UK last year showing an increased appetite for startup investing45% of angels interviewed by the UKBAA about their early stage equity investments reported...
Lamont Pridmore warn high earners about HMRC raids
Higher rate taxpayers have been warned by leading Cumbrian accountants Lamont Pridmore to be vigilant over their tax affairs.The warning comes after new data from HM Revenue & Customs (HMRC) shows that its Affluent Unit took an additional £438 million pounds of high earners.Off the back of this success the Unit, which investigates the tax affairs of...
A Legal Perspective on the Government’s Brexit White Paper
Following pressure from sections of Parliament and the public, Theresa May’s government has published a 77-page white paper document to set out a strategy for leaving the EU. But what does it add to what we already know? Stephen Chater, a solicitor at Postlethwate Solicitors, member firm of the UK200Group, explains.The UK200Group is the UK’s leading...
32% law firms see private equity as a principal source of external funding
With growing competition from niche firms, law practices are actively seeking targeted acquisitions to scale-up in chosen disciplines. 32% see private equity as a principal source of external funding. Niche law firms seen as greatest source of competition. 59% of firms report a rise in competitive pressure. There is a sharp increase...
Deals
M&A deals targeting UK and Ireland continue to outstrip jurisdictions outside of the US in Q3
374 deals targeting UK assets announced in the third quarter of 2018– down 6% compared to Q2UK Energy and pharma sector grow 200% and 123% respectively in Q3160 (43>#/b###) of deals were foreign investments in UK assetsUK and Ireland second only to the USA with 1,397 deals, coming ahead of key players Germany, China and India New data from Livingstone,...
Aurum Ventures and Direct Insurance Join Investment in KidneyCure
KidneyCure is an Israeli biotech company developing a novel cell-therapy approach to treat advanced Chronic Kidney Disease patients KidneyCure has raised $4 million earmarked for establishing Good Manufacturing Practice (GMP) procedures and readiness for First in Human clinical trial KidneyCure Ltd, a biotech company developing a novel...
RED Capital Partners to launch EMEA’s largest VC fund investing in high-growth tech companies founded or co-founded by women
RED Capital Partners to launch RED Ventures Fund I, the first Europe and Israel-focused venture capital fund that will invest exclusively in female-led or co-led companies.RED Ventures Fund I channels the exchange of technology between Israeli and European companies and opens opportunities for Israeli companies to enter the European market. With...
M&A activity on AIM drops 28% in a year as companies shelve plans amidst Brexit uncertainty
However, Private Equity buyers hold their nerve M&A activity on the Alternative Investment Market (AIM) dropped 28%* last year, with 21 deals taking place in 2017/18, down from 29 in 2016/17, as companies shelve plans amidst Brexit uncertainty, says UHY Hacker Young, the national accountancy group. The value of AIM M&A transactions involving...
Maven leads £1m investment in water technologies business G2O
Pioneering water technology business will create new R&D jobs in County Durham following investment in NETPark laboratory Maven Capital Partners (“Maven”), one of the UK’s most active private equity firms, has led a £1m series B investment in Sedgefield, County Durham based water treatment technology business, G2O Water Technologies ...
Acq Lite
Curious quokka licks cyclist's pedals in Western Australia
March 9 (UPI) -- A cyclist taking a break in Western Australia captured video of a curious quokka licking the pedals of her bicycle.Shannon Ducker said she was taking a break from cycling on Rottnest Island when the quokka approached her bicycle and started licking the pedals.Ducker captured video as the apparently hungry animal enjoyed the taste of...
Truck loses, drags two wheels on Oregon road
March 9 (UPI) -- A driver on an Oregon road captured video of a semi truck that somehow lost two wheels on a city road and dragged them for several yards.The video, filmed Monday on a street in Cornelius, shows the semi driving on a slow speed while dragging two wheels that somehow became separated from its trailer.The wheels drag behind the truck until...
Cat credited with rescuing Pennsylvania couple from fire
March 9 (UPI) -- A Pennsylvania couple's pet cat is being hailed as a hero after alerting its owners to a late night fire that started inside their home.The McKeesport Fire Department said the couple were in bed about 1:30 a.m. Friday when their cat alerted them to something amiss inside their home."Fortunately, both were in bed at the time, and the...
IHOP announces breakfast-themed PancakeWear clothing line
March 9 (UPI) -- Restaurant chain IHOP announced the debut of its breakfast-themed clothing line, PancakeWear, created to benefit a children's charity.The eatery announced it will soon be offering onesies, loungepants and socks in adult and child sizes featuring breakfast-themed prints."The ultra-comfy PancakeWear by IHOP collection is the perfect accessory...
Woman's lawsuit alleges injury from drag queen's fake breast
March 9 (UPI) -- A woman is suing a Florida restaurant for $1.5 million, alleging she suffered injuries as a result of an encounter with a drag performer's fake breast.Neldin Molina's lawsuit against the Hamburger Mary's eatery in Tampa states she was dining with friends and family members at the eatery to celebrate a friend's birthday in May 2015.Molina's...