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Richard Branson

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  • *FTSE 100 has lost over 8 percent since Sept. 4. The decision to scrap the offering, which could have valued the firm at about 800 million pounds, casts a shadow over the prospects of the bigger and more widely known Virgin Money, another bank seeking to list this month. Aldermore and Virgin are among so-called challenger banks which the government hopes can break the...

  • LONDON, Oct 6- Britain's Virgin Atlantic Airways is to close its Little Red domestic airline next year, it said on Monday, less than two years after it was launched. Reconfirming that the group as a whole was on track to make a profit by the end of this year after two years of losses, Virgin Atlantic said the decision on Little Red followed a review of its network which...

  • LONDON, Oct 6- Britain's Virgin Atlantic said its domestic short-haul unit, Little Red, would cease operations in 2015, just over two years after it was launched. The airline, which is 51 percent owned by its British billionaire founder Richard Branson and 49 percent owned by U.S. carrier Delta Air Lines, said in a statement that Little Red had "not been able to make a...

  • Branson's Virgin Money aims to raise $243M in IPO Thursday, 2 Oct 2014 | 3:14 AM ET

    Virgin Money, the U.K. bank founded and part-owned by Richard Branson, said it plans to raise $243.3 million from listing in London.

  • *Demand from U.S. investors, Europe, UK. LONDON, Sept 26- Lloyds Banking Group has sold a further 11.5 percent stake in TSB in a 161 million pound share placing to investors that required no discount to the market price following strong demand. They see TSB as a viable challenger to Britain's "Big Four" banks- Lloyds, Royal Bank of Scotland, Barclays and HSBC.

  • Virgin's Branson offers unlimited vacation Wednesday, 24 Sep 2014 | 9:27 AM ET
    Richard Branson works from his home on Necker Island

    Tired of two weeks vacation a year? Perhaps you should work for Virgin, where boss Richard Branson believes in offering unlimited time off.

  • Sir Richard Branson's latest push: Efficient trucks Monday, 22 Sep 2014 | 11:50 AM ET
    Richard Branson

    Sir Richard Branson estimates the North America trucking industry could save up to $40 billion a year through new technologies.

  • Sept 15- Sidecar, a ride-sharing startup which competes with on-demand car services such as Uber and Lyft, said it raised $15 million from existing and new investors, including Virgin Group founder Richard Branson. Existing investors Avalon Ventures and Union Square Ventures also participated in the funding round, the company wrote in a blog post.

  • *Branson says ban would cost Russia more than airlines. KIEV, Sept 12- Russia would be the biggest loser if it carried out a threat to ban Western airlines from flying over its territory, Richard Branson, the founder of British airline Virgin Atlantic, said on Friday.

  • Pot franchise unlikely at Virgin: Richard Branson Wednesday, 10 Sep 2014 | 9:12 AM ET
    Sir Richard Branson, Virgin Group founder and chairman

    While calling for the decriminalization of drugs, Sir Richard Branson tells CNBC he does not see the Virgin Group getting into the business of legalized pot.

  • Branson doing it 'The Virgin Way'  Wednesday, 10 Sep 2014 | 7:48 AM ET

    Sir Richard Branson, Virgin Group chairman & CEO, discusses his new book.

  • Jury's still out on Tim Cook: Branson  Wednesday, 10 Sep 2014 | 7:47 AM ET

    Sir Richard Branson, Virgin Group chairman & CEO, shares his thoughts on the management of Apple under Tim Cook's leadership.

  • War on drugs has been a disaster: Branson  Wednesday, 10 Sep 2014 | 7:45 AM ET

    Discussing decriminalizing drugs, with Sir Richard Branson, Virgin Group chairman & CEO. The way to deal with it is to treat drugs as a health problem, says Branson.

  • Branson pushes for peace in Ukraine  Wednesday, 10 Sep 2014 | 7:44 AM ET

    Sir Richard Branson, Virgin Group chairman & CEO, shares his thoughts on finding a peaceful solution to the Russia-Ukraine conflict.

  • Virgin America files for US IPO Monday, 28 Jul 2014 | 7:20 AM ET

    Virgin America filed for an initial public offering of shares as it looks to expand in the recovering U.S. airline market.

  • Rocket science for lean times: Boeing's new game Thursday, 17 Jul 2014 | 11:41 AM ET
    Boeing's CST-100 prototype

    A Boeing executive says space exploration must be resold to the public in these days of tight budgets and declining interest.

  • Branson's supersonic plans  Tuesday, 6 May 2014 | 8:40 AM ET

    If we get it right, the trip from New York to Tokyo could be less than an hour, says Sir Richard Branson, Virgin Group founder, sharing his vision of travel in the future.

  • Sir Richard's fight for Love  Tuesday, 6 May 2014 | 8:32 AM ET

    Sir Richard Branson, Virgin Group founder, talks about Virgin America's struggle for two gates at Love Field in Dallas. When you have no competition as in Love Field, fares go up, says Branson.

  • Formula 1 racing ... for electric cars? Monday, 7 Apr 2014 | 12:41 PM ET
    Formula E race car

    The first fully electric auto racing championship soon gets underway, as Formula E CEO Alejandro Agag tells CNBC.

  • Bitcoin pits the gold bugs vs the 'techno geeks' Sunday, 9 Mar 2014 | 11:00 AM ET

    One might expect Bitcoin to unite all opponents of so-called fiat currencies. But that's not proving to be the case.

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