Lock maker Chubb could change hands for more than £2bn

One of Britain’s oldest lock makers could be about to change hands for more than £2bn By Ben Harrington, Financial Mail on Sunday Published: 21:50 GMT, 27 March 2021 | Updated: 22:43 GMT, 27 March 2021 One of Britain’s oldest lock makers could be about to change hands for more than £2billion. City sources said … Read more

Pioneering electric supercar maker Rimac to open UK R&D centre

A pioneering electric car firm that is developing a 258mph battery-powered supercar is setting up a UK research and development base right next door to Jaguar Land Rover. The firm, Rimac, is also linked to Porsche amid speculation that the pair will soon take control of luxury hypercar firm Bugatti and turn it into an … Read more

MR MONEY MAKER: BA owner IAG gets ready for take-off

MR MONEY MAKER: Add wings to your savings as British Airway’s owner IAG gets ready for take-off By Justin Urquhart Stewart For The Daily Mail Published: 21:57 GMT, 19 March 2021 | Updated: 22:26 GMT, 19 March 2021 What’s happening?  Remember flying? Well for anyone living near an airport or under a flight path, the … Read more

OxyContin maker Purdue to use trusts and Sackler cash to settle opioid lawsuits

The billionaire Sackler family, who own OxyContin maker Purdue Pharma, has agreed to pay nearly $4.3 billion to resolve thousands of lawsuits accusing them of fueling the opioid crisis in the United States.  The huge payment from the Sacklers is part of a larger restructuring plan filed by Purdue on Monday night that intends to get the Connecticut-based … Read more

OxyContin maker Purdue to use trusts and Sackler cash to settle opioid lawsuits

The billionaire Sackler family, who own OxyContin maker Purdue Pharma, has agreed to pay nearly $4.3 billion to resolve thousands of lawsuits accusing them of fueling the opioid crisis in the United States.  The huge payment from the Sacklers is part of a larger restructuring plan filed by Purdue on Monday night that intends to get the Connecticut-based … Read more

MR MONEY MAKER: Building suppliers can produce gains

MR MONEY MAKER: Firm foundations for future gains in your portfolio with building suppliers By Justin Urquhart Stewart For The Daily Mail Published: 22:12 GMT, 12 March 2021 | Updated: 22:12 GMT, 12 March 2021 What’s happening?  Don’t confuse lockdown with shutdown. Yes of course the pandemic has meant that we have all had to … Read more

Ministers prepared to intervene in US takeover of chip maker Arm

Culture Secretary hints ministers are prepared to intervene in US takeover of British chip maker Arm By Daily Mail City & Finance Reporter Published: 21:53 GMT, 10 March 2021 | Updated: 21:53 GMT, 10 March 2021 Culture secretary Oliver Dowden said the proposed sale of Arm to Nvidia for £30bn was still ‘very much under consideration’ … Read more

MR MONEY MAKER: Computer chips could process a profit

MR MONEY MAKER: Huge demand for computer chips could help process a profit By Justin Urquhart Stewart For The Daily Mail Published: 21:52 GMT, 5 March 2021 | Updated: 21:58 GMT, 5 March 2021 What’s happening?  It is not just the pandemic that has been disastrous for certain industries.  Others have suffered for far more … Read more

Marlboro’s maker asks FDA for $100m toward pro-nicotine campaign

The firm that makes Marlboro cigarettes has boldly asked US health regulators to help it convince Americans that nicotine is not that bad for them – and spend $100 million toward the effort, according to a Bloomberg report. Marlboro’s maker, Altria, wants the Food and Drug Administration (FDA) to back its advertising campaign to inform … Read more