Image copyright Reuters Mike Ashley’s Sports Direct has cancelled a bid for collapsed cafe chain Patisserie Valerie, just two days after making an offer. The retail billionaire announced his bid for the chain on Friday evening. Sports Direct offered £15m, but was told by administrator KPMG it would need to offer up to £2m more …
Image copyright Getty Images The digital secretary has said he will question Grindr and Tinder about how they protect children after an investigation claimed they are put at risk of sexual exploitation. More than 30 cases of child rape have been investigated by police since 2015 after victims evaded age checks on such apps, the …
Media playback is unsupported on your device Media captionWATCH: Nick Kwek toured the border dividing the US state of Arizona and Mexico’s Sonora “We gotta get outta here!” cries Agent Daniel Hernandez of US Border Patrol. Moments earlier a hurled rock from over the fence whacked the tin roof next to us with an almighty …
Image copyright Merebeth Veit Merebeth Veit has experienced two strong impulses all her life – wanderlust and a love of animals. Almost by accident, she invented a perfect profession for herself: pet transporter. There’s one pet that Merebeth Veit can never forget. He’s a little French bulldog called Harley. A young couple from San Francisco …
Image caption The fair is the same size as 15 Wembley Stadium football pitches The world’s biggest trade fair for sweets is a Willy Wonka-esque display of tempting indulgences, but how is the industry adapting to a growing backlash against sugar? Suddenly the nougat-covered pretzel I had for breakfast doesn’t seem like such a good …
Image copyright Getty Images A £10m prize for the development of technology to harness tidal power has been relaunched in Scotland. The Scottish government said it was offering the Saltire Fund to help commercialise clean energy and lower operating costs. It comes after the original competition, conceived in 2008, was ended in 2017 without anyone …
Image copyright Reuters The 1MDB corruption scandal has cast a shadow over Goldman Sachs, raising questions about how much the US investment bank knew about the misconduct. What is Goldman accused of? The firm helped raise $6.5bn (£5bn) for the Malaysian development fund, advising on three bond offerings in 2012 and 2013. Prosecutors allege more …
Image copyright EPA Company executives could face up to seven years in prison if they mismanage employee pension schemes. Work and Pensions Secretary Amber Rudd has proposed a new criminal offence for “wilfully or recklessly” mismanaging funds. Plans outlined last year for a maximum sentence of two years in prison were toughened up after public …
Image copyright Facebook Image caption The Dorset Council name is already being used on the social network by an authority in Tasmania The new Dorset Council has had its choice of Facebook name turned down. The social network has objected to the shadow authority using the name because Dorset Council is already in use by …
Image copyright Getty Images Image caption Colin Kroll was co-founder of both HQ Trivia and Vine The co-founder of the popular app HQ Trivia, Colin Kroll, died of an accidental drug overdose, according to the New York City medical examiner. A post-mortem examination revealed two kinds of fentanyl, heroin and cocaine in his system. Police …