Daisy Ridley on Star Wars and fame: ‘It’d be amazing to feel like a star – I have too much self-doubt!’
London Gateway lives on January 4, 2010 PORT operator DP World will go ahead with the foundation stage of its postponed London Gateway project despite the market downturn, it said yesterday. The unit of debt-laden state-owned holding company Dubai World said it had decided to proceed with the construction of essential infrastructure for the planned port and logistics park. The company, which [...]
FXall snaps up Citi forex platform January 4, 2010 INVESTMENT bank Citi has agreed a deal to sell its electronic foreign exchange platform, LavaFX, to electronic forex platform FXall, it said yesterday. FXall, which has some 800 institutional clients including large hedge funds and asset management firms, did not disclose the terms of the deal. The firm said the acquisition, for an undisclosed fee, [...]
Resort owners sue Credit Suisse for $24bn over luxury property schemes January 4, 2010 Credit Suisse has been sued by property owners who said the Swiss bank schemed to defraud investors in four luxury resort communities, including the bankrupted Yellowstone Club. The lawsuit filed in federal court in Boise, Idaho, seeks $24bn (£15bn) of damages against Credit Suisse and commercial real estate firm Cushman & Wakefield, and class-action status [...]
HMV poised for Mama takeover January 4, 2010 HMV is poised for a successful £46m takeover of music venues and festivals firm Mama Group after a rival offer hit the buffers. Mama’s largest shareholder, Luxembourg-based investment firm SMS Finance, made a £38.3m bid for the business last month. SMS – the investment vehicle of Italian telecoms billionaire Silvio Scaglia – owns 29.8 per [...]
Japan Airlines soars on hopes of rescue funding January 4, 2010 JAPAN Airlines’ shares jumped 31 per cent yesterday as the government looked to secure funds to prevent the carrier from running out of cash as it awaits a possible bailout. The stock lost a quarter of its value last Wednesday, the last trading day of 2009, after sources said a government-backed turnaround fund was leaning [...]
Gartside gets his man as Clarets agree to Coyle deal January 4, 2010 OWEN COYLE is expected to be named the new manager of Bolton Wanderers today after a compensation package in the region of £3.6m was agreed with Burnley last night. Coyle, a former Bolton playing favourite, has been locked in talks with Trotters chairman Phil Gartside for the past two days after being identified as the [...]
Ferguson dodges FA rap as Mancini talks up City appeal January 4, 2010 MANCHESTER United boss Sir Alex Ferguson has received a timely boost after being told he will not face more punishment from the Football Association for his latest verbal attack on officialdom. Ferguson, who must pick up his team following their FA Cup exit to Leeds in time for tomorrow’s Carling Cup semi-final against Manchester City, [...]
Savills poised for bumper profits on UK house deals December 17, 2009 ESTATE agent Savills yesterday reported that its profits for 2009 would be “significantly ahead” of previous expectations. The international real estate advisor saw a higher-than-expected level of transactions in the UK prime residential market, as well as an increase in UK commercial market transactions. In Asia, which comprises 40 per cent of Savills’ business, it [...]
Go-Ahead pessimistic on rail arm December 15, 2009 TRANSPORT group Go-Ahead said yesterday that first-half profit at its rail unit would be 50 per cent down on last year due to reductions in government subsidies, but added that its bus business was performing well. The company, which operates its commuter rail franchises through majority-owned joint venture Govia, expects operating profit at its rail [...]
LLOYDS POISED TO PAY £100M IN BONUS TAX December 14, 2009 LLOYDS Banking Group, which yesterday successfully completed a record-breaking £13.5bn rights issue, is preparing to pay out its bonus pool in full. The move, which follows mounting anger in the City over the government’s super-tax, will see the firm having to hand over an estimated £100m in payments to the Treasury as part of the [...]