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Serious deals not done while drunk: Sports Direct's Ashley

Published Thu, Jul 6, 2017 · 09:50 PM

London

MIKE Ashley, the billionaire owner of Sports Direct, said he doesn't make serious business decisions while drunk and a former employee's claim that the retail tycoon made a £15 million (S$27 million) bonus deal while in a London pub was "nonsense".

Jeffrey Blue, an ex-Merrill Lynch investment banker who worked for Mr Ashley, is alleging in a London lawsuit that his boss reneged on …

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Serious deals not done while drunk: Sports Direct's Ashley

Consumer & Healthcare

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

Swiss watch exports plunge as China and Hong Kong demand dries up

Cutting the cord?: Events leading up to Cordlife’s MOH suspension and arrests of its directors, ex-group CEO

Billionaires selling cheap stuff get richer from inflation pain

Amazon to push cashierless shopping tech into more third-party stores, while backing off itself

Japan’s Uniqlo opens Rome store as part of European expansion

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