An up-to-the-minute news coverage curated by Newswella News from all over the world.

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Business

Estée Lauder is split by succession rift as heirs battle over the troubled beauty brand’s future after its shares plunged 50% this year

New report claims Estée Lauder heirs are split on a change in leadership CEO Fabrizio Freda is trying to lead a turnaround after 50% stock slide Lauder family heirs control 80% of the company’s voting shares  Heirs to the Estée Lauder fortune are battling for the future of the troubled beauty company, after the firm’s shares …

Business

BBC faces £1.7billion bill for handing top stars and executives gold-plated pensions as broadcaster is plunged into crisis

It’s understood executives warned it is impacting investment in programmes The BBC is facing a £1.7billion bill as a result of handing thousands of workers including top stars and executives gold-plated pensions, it has been claimed. The corporation has been plunged into deep financial trouble and has admitted that its staggering pensions bill is ‘not …