MARKET REPORT: First Group deal ‘stinks to the heavens’ says Coast

The deal by First Group to offload its sprawling US transport business is hanging in the balance. The company’s biggest shareholder, Coast Capital, which owns nearly 14 per cent, has blasted the £3.3billion proposal, saying that it ‘stinks to the heavens’. Last month Aberdeen-based First Group said it would sell the US transport arm to … Read more

ALEX BRUMMER: David Cameron’s role in Greensill affair stinks

ALEX BRUMMER: Treasury, Bank of England and FCA should have acted earlier over Greensill – and David Cameron’s role in the affair stinks David Cameron’s interventions on behalf of Greensill, and the use of the former Prime Minister’s name to try and drum up business, is deeply unedifying  Cameron is proving an exception to the … Read more

Bioluminescent waves on the coast of California have turned into a red tide that stinks like sulfur

Residents of Southern California witnessed a stunning electric blue surf over the past month, but the breathtaking display has now taken a turn for the worst – and it stinks. The microorganisms that produce the bioluminescent waters are starting to breakdown, resulting in red tides of staining seawater that smells like sulfur. The once luminous … Read more