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Next has pulled out of the bidding for TopShop as the auction of Sir Philip Green’s former high street empire enters its closing stages. Sky News has learnt that a consortium comprising Next and Davidson Kempner Capital Management, a US investment firm, have withdrawn from a process being run by Arcadia Group’s administrator. The surprise
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An off-shore oil platform off the coast in Huntington Beach, California on April 5, 2020. Leonard Ortiz | MediaNews Group | Orange County Register | Getty Images DUBAI — Oil-producing group OPEC will continue to strengthen its relationship with the U.S. energy industry under Joe Biden’s new administration, the oil cartel’s Secretary General Mohammed Barkindo told CNBC
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This year’s Glastonbury music festival has been cancelled due to coronavirus, organisers have confirmed. Organisers Michael and Emily Evis announced the news on the festival’s official Twitter page writing: “With great regret, we must announce that this year’s Glastonbury Festival will not take place”. It’s the second year running that Glastonbury – Europe’s largest live
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