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Monthly Archives: November 2012

Breaking news

New fish named after Barack Obama. German parliament approves Greek deal. Alexander Lebedev, the owner of The Independent and the London Evening Standard, is on the hunt for a minority partner to help fund the Independent titles. Anomaly London hires Ben Moore. Nissan has appointed Guillaume Masurel as its new UK marketing director, following the departure of Steve McLennan to a role in the car firm's European business. ONTARIO TEACHERS' PENSION PLAN The Canadian pension fund plans to open its first Asia office next year in Hong Kong, with as many as 10 staff, a source with knowledge of the matter said, as it targets higher returns from direct investments in the region. The company plans to move Raju Ruparelia, an Ontario-based portfolio manager and former investment banker with Credit Suisse, to head its Asia office to be based in Alexandra House, according to a second source. BANK OF AMERICA CORP The lender said on Thursday that its Merrill Lynch brokerage added 10 veteran advisers…

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Financial focus

Equities were highest selling asset class in October Eurozone private sector loans decline Spanish banks agree to cut staff in return for cash US claims yuan remains “significantly undervalued” Fiscal cliff could plunge world into recession Brazil’s economy growing at a rate of 4% Deal struck for Greece after third meeting in two weeks Gold rebounds from biggest drop in three weeks Focus on: Wealth managers view Japanese opportunity

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Breaking news

Sex for tuition fees? Students being offered up to £15,000 a year to cover cost of studies, in exchange for having sex with strangers. D-Day: Coalition in split over Leveson as Brooks and Coulson face court. Chesney who? Town's revolt after 'mystery celeb' booked to open Christmas market revealed as one-hit-wonder Chesney Hawkes. Matt Teeman restructures Metro sales team. Aegis appoints Huijboom as global director of business integration. Phil Wilce takes creative director role at TH_NK. News International appoints Sean Adams to insight role. MARSH & MCLENNAN COS INC The insurance broker combined its Asia and Pacific regions and appointed Martin South as CEO of Marsh Asia-Pacific. South had previously served as CEO of Marsh Europe and Marsh UK. The company also appointed Flavio Piccolomini as CEO of Marsh Continental Europe, CIS, and Turkey. Piccolomini will also continue in his current role as CEO of Marsh Italy. KAYNE ANDERSON RUDNICK The boutique investment adviser appointed Doug Foreman as co-chief investment officer, effective January. Foreman joined…

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Breaking News

Bradley Wiggins the favourite in BBC award shortlist of Olympic quality (Sports Personality of the Year). Mark Carney named as new Bank of England Governor. EU-IMF agrees deal to cut Greek debt by €40bn. Live pigs 'blasted with explosives and monkeys infected with anthrax during cruel experiments'. Female porn stars have higher self-esteem and better quality of life than other women, according to new study. Air New Zealand jumps on Hobbit mania with 'flying billboard'. MEC Global Solutions has hired former data planning director at Billington Cartmel Ben Cockrell as data strategist and group account director. VisitBritain has promoted Joss Croft to director of marketing to drive the UK's global profile and build on the success of 2012. Nokia hands head of consumer marketing role to Adam Johnson. Gerry Boyle is preparing to step down from his role as chief executive of ZenithOptimedia, the agency he joined more than 13 years ago. Molson Coors' marketing director, Chris McDonough, is leaving the brewer at the end…

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Breaking news

Alcohol at 40p, 45p or 50p a unit to be Cameron choices for minimum price. Tango shower gels set to hit shelves in New Year. Comet receives seven-figure bid to keep brand alive online. Coca-Cola is entering Formula 1 with a multi-year sponsorship of the Lotus F1 Team through its global energy drink, Burn. Irish Daily Star editor resigns over topless pictures of Kate Middleton. Dunstone to bring Obama's favourite burger chain to the UK. Drugs giant Novartis warns jobs may go overseas. Nokia hands head of consumer marketing role to Adam Johnson.

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The business of begging: Kickstarter

Got a bright idea for a film, a comic or even a hi-tech watch? For many, Kickstarter could be the answer – and now it's launched in Britain. Time was, in the olden days, that in order to create a video game, or fund a film or album, or make a comic, you needed a generous and deep-pocketed patron, or a corporation behind you which thought there was something – profit, in other words – in it for them. There might have even been a grant from an arts body somewhere. Remember them? Crowdfunding, where large numbers of people donate small sums of money to a project, has changed that. Kickstarter is not the first online funding site for creative projects – ArtistShare was launched in 2003 to enable musicians to bypass record labels, and was followed by other sites such as IndieGogo – but it has gained the most traction and attention. Since the site launched in April 2009, more than 2.5 million people…

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Postcards of the Wiener Werkstätte

The new exhibiton at the Wolfsonian–Florida International University in Miami shows a selections from the Leonard A. Lauder Collection of postcards of the Wiener Werkstätte. “These postcards are exceptional works of art as well as a wonderful representation of the Wiener Werkstätte’s philosophy of creating well-designed, beautiful objects to be used as part of everyday life,” notes Wolfsonian curator Silvia Barisione. The exhibition at The Wolfsonian complements this extraordinary selection of approximately three hundred postcards with holdings from the museum’s collection, including Wiener Werkstätte textiles, decorative arts, and printed materials. The Wiener Werkstätte (Vienna Workshop) was a cooperative for artists and artisans founded in 1903 by the architect Josef Hoffman and the painter and designer Koloman Moser, both members of the Vienna Secession, with financial support from textile industrialist Fritz Wärndorfer. The objective of this enterprise was to produce high-quality products based on the principles of the Arts and Crafts movement and modeled in part on the British Guild of Handicrafts. Every aspect of daily…

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Breaking news

Tony Hall appointed director general of the BBBC. G2 Joshua's Hipperson resigns as group CEO. Arena Media hires Mike Moran as interim commercial director. The following appointments by Hong Kong-listed Brightoil Petroleum were announced on Thursday following the resignation of the company's chief executive Quek Chin Thean earlier this week. Quek had joined the company in 2010 and had overseen trading operations. Brightoil is one of Singapore’s top traders of fuel oil, used mostly to power ships and generate electricity and is a big supplier to China’s River Delta. The following are some new personnel changes and additions to the company's trading business. FUEL OIL AND BUNKERING TEAM: - Stephen Qi Jun has been appointed as International Trading and Bunkering Chief Operating Officer. He will lead a team of traders comprising Patrick Latham, Jason Song Qi and Tan Chuan Hong. - Li Gang has been appointed the new Head of Global Marine Bunkering, while Gary Wu is now the head of risk for Brightoil Petroleum.…

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Breaking news

Israeli-Gaza ceasefire holding. Nadine Dorries booted off I'm a Celebrity. Sarah Brown, wife of ex-PM, Gordon Brown, made director of Harrods. After France, Britain's AAA credit rating returns to the spotlight. TOWERS WATSON The global professional services company said it appointed Alessandra Pasquoni to lead its investment business in Italy. PICTON PROPERTY INCOME LTD The income-focused investment company said it appointed Fraser D'Arcy as investment director, effective January. F&C ASSET MANAGEMENT PLC The diversified investment manager appointed Ross Duncton as head of direct to consumer. Duncton joins from Acromas Financial Services where he was the head of product & marketing. CQS The asset management firm said it appointed Marc Hotimsky as chairman. UBS UBS AG's Americas wealth management group has expanded its broker force in Ohio with a veteran team of advisers from Bank of America's Merrill Lynch. Advisers Robert Anning Sr., his son John Anning and Tollie Chavis moved to UBS on Tuesday from Merrill Lynch, where they managed more than $1 billion in…

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Breaking news

Watching pornography at work fuels worldwide addiction as two thirds of visits to top site are made from offices. Roberto Di Matteo sacked by Chelsea after Champions League defeat against Juventus. BP seeks 'more positive' sentiment with return to advertising. Google has promoted Alice Mansergh to its top European consumer marketing role, with her predecessor, Obi Felten, taking up a new job within the company's US team. DMGT executive Steve Auckland to be CEO of Local World. Mondelez - the beverages and snacks business recently spun off from Kraft - has promoted its lead UK coffee marketer, Peter Seymour, to a position overseeing its chocolate brands, including Cadbury, across Europe. Former Manchester United star goalkeeper Edwin van der Sar is returning to his first major club Ajax as marketing director. MEC has appointed Ben Gordon to the role of head of new business and named Lucie Radford as its new business director. Tony Regan steps down as Initiative chief strategy officer. Starcom's Jayne Stephens takes…

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