MPs vote for gay marriage amid Tory rebellion. Rebecca Adlington announces retirement from swimming. RBS investment chief John Hourican to resign and waive £4m bonus. John Malone renews Murdoch rivalry as Liberty Global buys Virgin Media for $23.3bn. New boss, James Daunt, vows to turn round Waterstones, £40m in the red. Emirates Airlines is making a return to Formula 1 after striking a five-year deal to become the global partner of the sport. M&C Saatchi executives awarded £7m of shares. (Maurice Saatchi, Jeremy Sinclair, David Kershaw and Bill Muirhead have each been awarded shares worth more than £1.8m). Dulux UK marketing director Letty Edwards exits company. Felix Dennis, the entrepreneur who made millions from computing magazines in the eighties, has returned to his roots with his company's acquisition of Computer Active. Former RBS marketing boss Helen Page joins Clydesdale Bank. GOLDMAN SACHS ASSET MANAGEMENT DIVISION Jim O'Neill, chairman of Goldman Sachs's asset management division who coined the popular term "BRIC" to refer to four fast-growing…
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-BRICS lead the way out of global slowdown -UK service sector swings back into output growth -US service sector records 39th month of gains -Eurozone output slips despite German boom -RBS set for fines of around £390m today -Fitch lowers Dutch outlook -US Justice Department suing S&P ratings service -Japanese markets boosted by bank chief’s departure -European shares seen little changed today -Yen falls to almost 3-year low against dollar -BP given new $34bn bill for Gulf oil spill -Platinum advances to four-month high
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Chris Huhne, former energy secretary, faces jail after admitting speeding dodge. Women in Paris finally allowed to wear trousers, after 200 years. Delia Smith quits TV. Fat Face hires Stuart Rose as chairman. Twitter buys social TV firm Bluefin for around $70m. Will Lewis promoted to chief creative officer at the new News Corp. Lebedev's Evening Standard TV bid 'London Live' wins capital's licence. Yorkshire Tea named as the 'official brew' of England cricket team. Wrigley recruits Antonio Banderas as first global ambassador. Publicis is to merge its digital agencies Digitas and LBi to create a single network called DigitasLBi. Bacardi names Andy Gibson as new chief marketing officer. AMERICAN INTERNATIONAL GROUP INC The insurer appointed Joseph Trotti as president and chief executive of its aerospace division. Trotti, who joins from insurance broker Willis Group Holdings PLC, will be based in London. UBS AG The Swiss bank said Philippe Pillonel will join as chairman of investment banking for Switzerland on Feb. 11. Pillonel was previously…
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Undercover officers stole identities of 80 dead children. Burger King runs press ad admitting horse meat contamination. Iran insists it did send monkey into space. Twitter cases 'threat to freedom of speech’. Beyonce sings live at Superbowl. Barclays finance director to step down. George Osborne threatens to break up banks. Spanish PM faces calls to quit over corruption scandal. Concerns over 1,000 jobs at Store Twenty One. Churchill recruits Dawn French to replace Martin Clunes. BANK OF AMERICA CORP BofA director Robert Scully won't run for re-election at the annual meeting this spring, in the latest in a series of changes on the board. Scully, 62, a former Morgan Stanley executive, informed the company of his decision last week, according to a securities filing on Thursday. CAPITAL ONE FINANCIAL CORP The credit card company said Chief Financial Officer Gary Perlin would retire in May and be replaced by Stephen Crawford, co-founder of financial advisory and private equity boutique Centerview. Crawford will join Capital One on…
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.UK banks to have “electric ring fences” City boosted by New Year jobs data. US factory and payrolls data give hope. Democrats target corporate tax breaks. Berlusconi promises to lower taxes. China’s services expand modestly. Asian stocks rise on signs of global recovery. European stocks likely to track US and Asia today. Yen gains on speculation its drop was too quick. Oil enjoys longest stretch of advances in eight years. Commodity bulls rewarded by best rally since 2006. Platinum rallies to four-month high.
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In een wanhopige poging om wat marktaandeel terug te winnen, heeft Research in Motion (RIM) zojuist hun nieuwe besturingssysteem, blackberry 10, bekend gemaakt. Hiernaast kondigde het bedrijf ook een aantal nieuwe toestellen aan. Ook Samsung zit niet stil. Zij zijn van plan in maart hun nieuwste Galaxy smartphone aan de wereld te tonen. De evenementen van deze twee bedrijven zijn sterk gespitst op het reduceren van het succes dat wordt genoten door slechts 1 bedrijf; Apple. Apple (Computer) werd opgericht in 1976 en is het meest bekend om de lijn van Mac computers, de iPod, de iPhone en de iPad. Maar natuurlijk ook om de charismatische leider, Steve Jobs, overleden in 2011. Het was een bedrijf met een onomstootbare reputatie op het gebied van innovatieve, intuïtieve producten die inspeelden op de aspiraties van het grotere publiek. De wereldwijde jaarlijkse omzet van 2010 kwam neer op 65 biljoen dollar, in 2012 uitgegroeid tot 156 biljoen dollar. In de zomer van 2011, passeerde Apple Exxon Mobil als…
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Weekly Headlines: • Greece: Finance minister says the worst is over • UK: FTSE 100 has best January since 1989 • Germany: Unemployment unexpectedly declines • Russia: Economy probably grew at weakest pace since 2009 • Philippines: Service sector performance helps economic growth • Energy: Oil heading for best week for 8 years • Gold: Longest run of monthly losses since May 2012 • Focus on: Is the US set for a rebound or a recession? Greece: Finance minister says the worst is over Greece's finance minister believes that the worst is over for his country. "There is definitely a glimmer of hope; light at the end of the tunnel," Yannis Stournaras said this week. As reforms were rushed through and a massive austerity package passed late last year, Greece secured a significant amount of bailout money from its international creditors. "The probability of Greece leaving the euro - Grexit - is now very small", he told the BBC. "We have managed to turn the…
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In a desperate attempt to wrest back smartphone market share, Research in Motion (RIM), has just launched its new operating system, Blackberry 10, along with new phone models. Samsung is due to launch its latest Galaxy smartphone in March and the two events are firmly targeted at reducing the almost total success enjoyed by one company; Apple. Apple (Computer) was formed in 1976 and is best known for its line of Mac computers, the iPod, the iPhone and the iPad, as well as its charismatic leader, Steve Jobs, who died in 2011. It was a company with an unsurpassed reputation for innovative, intuitive products that chimed with the public's aspirations. Its worldwide annual revenue in 2010 totaled $65 billion, growing to $156 billion in 2012. In the summer of 2011, Apple surpassed Exxon Mobil as the world's most valuable company, a position the oil giant had held for six years, but in January, Apple's stock price started to falter, with a 12% drop in one…
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Argentina pulls out of Falklands talks. David Beckham to give £4m PSG salary to children's charity. Dragons' Den's Peter Jones buys Jessops to run as online outfit. Bins attract too much rubbish says council. Wonga: is a payday lender offering loans at 11,913% the best startup Britain can offer? Glue Isobar has ended its long search for an executive creative director with the appointment of Nick Bailey. Brad Fairhead, the managing director of Hypernaked, is the latest senior name to depart Naked Communications. HMDG, the independent agency with clients including Harveys and Condé Nast, is relaunching as Enter. UBS AG's WEALTH MANAGEMENT AMERICAS The firm said it landed a team of veteran advisers from rival brokerage Morgan Stanley Wealth Management, the largest U.S. brokerage by client assets and headcount. Advisers Bob Rumishek, Alex Velto, Rusty Volkert and John Cowley joined UBS's Brea office from Morgan Stanley, where they managed $330 million in client assets. FOCUS FINANCIAL PARTNERS LLC The asset management firm said it landed…
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