Daily Mail

THE DAILY BRIEFING

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PIER PERFORMANC­E The owner of the famous seaside attraction, Brighton Pier Group, saw profits rocket 278pc to £3.5m in the year to June 25, from £900,000 the year before. CHANNEL HOP Finance giant Bank of America, which has its European headquarte­rs in the UK, is preparing to relocate around 300 traders and support staff to Paris.

ITALIAN DEAL Insurer Aviva has agreed to sell its Italian business for £233m. It will offload its entire shareholdi­ng in its joint venture in Italy, Avipop Assicurazi­oni, to Banco BPM. IN MEMORIAM Steve Marshall, the chairman of logistics firm Wincanton since December 2011, has died. Wincanton’s senior independen­t director Stewart Oades will become the company’s chairman.

ECHO FIGHT Web giant Google is building a digital device to compete with Amazon’s Echo, according to the electronic­s website TechCrunch.

GOOD SIGNS Ride- sharing firm Uber has added a feature to its app allowing passengers to learn basic sign language after the company said thousands of its drivers were deaf or hard of hearing.

SUSHI SALE British private equity firm Permira could be handed £250m in exchange for its shares in Japanese sushi chain Akindo Sushiro by Shimei, which owns rival Genki Sushi, according to the Financial Times. BIG PURCHASE FTSE 250-listed administra­tion firm Sanne Group has bought two Luxembourg companies – the fund manager Luxembourg Investment Solutions and corporate services business Compliance Partners, for £49m.

NEW HIRES House builder Bellway has hired Ian McHoul, the chief financial officer of Amec Foster Wheeler, as an independen­t non- executive director from next February. It has also appointed Jill Caseberry, who is non-executive director of van hire firm Northgate, to its board.

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