PRINCE Harry and Meghan Markle are embroiled in a legal dispute with a small Filipino business owner over his Archewell deodorant name, which he says he's willing to “fight to the death” for, The Sun can report. The royals, who set up their foundation -- named after their young son Archie -- after relocating to LA from Britain last year, are disputing the use of the term 'Archewell Harvatera' with a man named Victor Martin Soriano. Cobblestone Lane LLC, which represents Harry and Meghan and is based in Beverly Hills, is pursuing legal action over the name of his brand of natural deodorants, first reported by World Trademark Review . Soriano filed in July 2020 in the Philippines, months after the royals launched their foundation in April, and has since shared his company's official theme song and choreography online. The Sun has reached out to Archewell for comment, but has not receive a response. Victor Soriano told The Sun exclusively: "If the Queen asks me to … [Read more...] about Prince Harry and Meghan Markle in copyright battle against small Filipino business owner over Archewell deodorant name
Finance small business purchase
G erman exports to the UK plunged by almost a third in the first month under post-Brexit trading arrangements, new figures have revealed. The end of the Brexit transition period was blamed by Germany’s official statistics body for a 30pc year-on-year plunge in exports to the UK in January but economists predicted the trade slump will ease. New customs rules for exporters exacerbated a tumble in trade already triggered by the Covid crisis amid complaints of post-Brexit arrangements causing higher costs and delays for businesses. January’s drop compares to a 15.5pc fall in imports from Germany over 2020 but the latest slump in trade was still not as severe as the worst months of the first lockdown. The tumble in German imports at the start of the UK’s life outside the EU was also worsened by many businesses stockpiling in December as Brexit talks went down to the wire. “We expected very weak eurozone exports to the UK for January, in part due to teething problems at the … [Read more...] about German exports to UK fell 30pc in January
S hares in Aggreko , one of the top global suppliers of portable power generators, surged after the group reportedly received takeover interest from a second potential suitor. US private equity group Platinum Equity has approached the FTSE 250 group over a potential buyout, even as the deadline for a rival buyout consortium to make a firm offer looms, Bloomberg reported. It said Platinum had expressed interest in a acquiring the company, which has supplied generators to events such as the London Olympics. Sources close to Aggreko said progress has been made in its negotiations with a consortium backed by TDR Capital and I Square ahead of today’s deadline for a firm offer to be made. The company declined to comment, however, on the report of another approach. On Monday, Aggreko posted full-year results that met City expectations. Its shares rose 66p to 889p as investors hoped the reports may herald a bidding war. London-listed stocks had a poor session overall, with the … [Read more...] about Budget 2021: Sunak defends corporation tax hike as IFS criticises spending plans
The European Commission is putting forward many pieces of legislation with the aim of stimulating investments in energy transition, and the measures go beyond the proposed EU climate neutrality law. Considering the need to support the entire economy , it looks like a Herculean task. The proposals of the European Commission and the EU Parliament's stance on green issues allow for some cautious optimism. The bloc's 27 member states, which are the ultimate decision-makers when it comes to energy policy, can give rise to some skepticism, though. "Objectives are set at the European level to give room for national ambitions, so governments can decide their ambitions, and the Commission can encapsulate them in a European frame. The Commission can then step in if national plans are not respected," Jean-Michel Glachant, director of the Florence School of Regulation (FSR), told DW. Glachant says that EU institutions are called upon to increase fair competition in the energy sector, … [Read more...] about EU energy investments: Will 2021 be decisive?
Rishi Sunak "isn't really levelling with people" about painful cuts that will be needed to repair the public finances, according to budget analysis by a respected economic think-tank. Institute for Fiscal Studies (IFS) director said "Santa Sunak… looks more like Scrooge Sunak" under plans for a squeeze totalling more than £50bn compared to the pre-pandemic outlook. That is the scale of spending cuts and tax rises over coming years compared to what the chancellor outlined in his first budget a year ago - implying a spending outlook that seems "implausibly low", Mr Johnson said. "The chancellor isn't really levelling with people about the choices the government is making to repair the public finances," he added. Mr Johnson characterised the plans outlined by Mr Sunak as a "tale of two budgets" with £65bn more coronavirus-related spending and a "super-deduction" tax break for investment followed by fiscal belt-tightening of £30bn, adding further to a squeeze outlined in … [Read more...] about Budget 2021: Chancellor accused of ‘not levelling with people’ over plans