Home / U.K. / U.K. Business

U.K. Business

Trustees seek US funds guarantee over Co-op Bank pension scheme

Pension trustees table demands as talks continue over the Co-op Bank’s rescue, Sky News learns. 16:02, UK, Saturday 24 June 2017. The Co-op Bank's roots can be traced back to 1872. Image: The Co-op Bank’s roots can be traced back to 1872. Published By Google world news 24 June 2017 …

Why Ruth Porat Should Be Uber’s Next CEO

Travis Kalanick was ousted in a boardroom coup on Tuesday by Uber’s earliest investors. Now, the ride-sharing giant needs a new CEO (in addition to a new COO, CFO, and other positions). The coup was not bloodless. Longtime board members Bill Gurley …Working yourself to death isn’t worth it, and Silicon …

EQT buys 20 percent of German artificial limb maker Otto Bock

FRANKFURT Swedish buyout group EQT has agreed to buy a 20 percent stake in Otto Bock HealthCare GmbH, valuing the German artificial limb maker at 3.15 billion euros ($3.52 billion), the two parties said on Saturday. EQT beat rival investor CVC, … Published By Google world news 24 June 2017 12:41 …

Oil found at Broadford Bridge drilling site

Exploratory oil drilling at Broadford Bridge near Adversane has uncovered oil in the Kimmeridge limestone. Samples showing ‘mobile light oil’ were announced today, with chairman UK Oil and Gas Stephen Sanderson calling the finds a ‘significant and …Proactive weekly oil & gas round-up: Echo Energy PLC, Sound Energy PLC, Hurricane Energy …

Warning to parents

A warning has been issued to parents over a new ‘stalkerish’ tracker brought out on Snapchat that allows people to see exactly where their friends are. The new Snap Map enables people to see in real time, not only the town and street, but even the Snapchat’s new ‘Snap Map’ …

No, Uber’s Business Model Is Not the Problem

This article first appeared in Term Sheet, Fortune’s newsletter on deals and dealmakers. Sign up here. After Uber CEO Travis Kalanick was fired, one of the (many, many) takes on the news was that Uber’s business model is a bigger problem than its toxic …How six months of mayhem at Uber …