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digital technologies

September 27, 2017

The next generation of family business leaders overwhelmingly believe innovation and technology are keys to success but many say their efforts are being frustrated by older generations in charge of their firms.

The next generation of family business leaders overwhelmingly believe innovation and technology are keys to success but many say their efforts are being frustrated by older generations in charge of their firms.

Three-quarters (75%) of next gens surveyed by PwC planned to take their businesses forward and make their mark. However, 26% of them found it difficult to get the incumbents to pay attention to their ideas.

August 3, 2017

Richard Branson sells majority stake in Virgin Atlantic, 'Dividend darling' Akka's revenue up 21%, and Pharmaceutical entrepreneur Raymond Sackler dies

Richard Branson sells majority stake in Virgin Atlantic

Richard Branson is to loosen his grip on Virgin Atlantic, selling 31% of the company to Air France-KLM for $291 million(£220 million).

The billionaire, whose flamboyance is synonymous with the Virgin brand, would retain a 20% interest, with US carrier Delta controlling the remaining 49%.

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