Bulgari MBA is the first of a new generation February 16, 2011 LUXURY brands are brilliant at marketing themselves, so perhaps it was only a matter of time before one put its name on an MBA. But the news that Italian luxury goods firm Bulgari has teamed up with Bocconi business school in Milan may raise a few well-plucked eyebrows. In the next cohort of MBA students, [...]
Wall Street’s size and high liquidity are a draw for IPOs February 8, 2011 The New York Stock Exchange, or NYSE, is the world’s largest stock exchange by market capitalisation. Figures from December 2010 show that the value of its 3,923 listed companies was $13.39 trillion (£8.31 trillion). This in itself makes it an exchange that should not be ignored by UK investors looking for global diversification. The origins [...]
Wall Street’s size and high liquidity are a draw for IPOs February 8, 2011 The New York Stock Exchange, or NYSE, is the world’s largest stock exchange by market capitalisation. Figures from December 2010 show that the value of its 3,923 listed companies was $13.39 trillion (£8.31 trillion). This in itself makes it an exchange that should not be ignored by UK investors looking for global diversification. The origins [...]
StanChart to hit record profit as bad loans fall December 9, 2010 Standard Chartered that it expects to post record income and profit for this year, helped by falling loan impairments and growth in consumer banking. Income in the second half of 2010 was expected to clock in at levels similar to the first six months, the bank said in an update posted on the Hong Kong [...]
StanChart to hit record profit as bad loans fall December 9, 2010 Standard Chartered that it expects to post record income and profit for this year, helped by falling loan impairments and growth in consumer banking. Income in the second half of 2010 was expected to clock in at levels similar to the first six months, the bank said in an update posted on the Hong Kong [...]
FROM CITY HIRING TO RURAL PIG FARMING January 31, 2011 WITH the CBI issuing an invocation to the government to sow the green shoots of new growth in the economy, some City folk are taking the order rather literally. Mike Ogilvie, managing director of City executive search firm Ogilvie Search, will be pulling on a pair of wellies along with his wife to take part [...]
McDonald’s and Starbucks profit April 21, 2010 US-headquartered chains McDonald’s and Starbucks indicated the consumer recovery is gathering pace yesterday, both saying sales at established outlets were accelerating. McDonald’s reported a 4.2 per cent rise in sales in the month of March, beating analysts’ expectations. The burger manufacturer also announced net income of $1.1bn (£714m) for the quarter. Starbucks said sales were [...]
Indian chicken giant hatches £46m Rovers deal October 26, 2010 OIL billions may have transformed Chelsea and Manchester City into global superpowers but Blackburn believe they have found a saviour in an altogether less glamorous industry: chicken. Indian poultry giant Venkateshwara Hatcheries Group, or Venky’s as it is often known, expects to complete a £46m takeover of the top flight strugglers next month. It would [...]
Bank share surge boosts Wall Street December 8, 2010 US stocks edged higher yesterday as gains in financial and technology stocks offset declines caused by a recent surge in bond yields. Bank stocks have risen 10 per cent since the start of the month as benchmark yields climbed enough to make lending and trading more profitable. “What’s giving the financials a little boost is [...]
Spring/Summer 2011 promises a riot of fun September 23, 2010 IT’S as if the fashion industry has, this September, burst out of the cocoon of recession, replacing dark drapery and minimalist monochrome with outrageous shocks of colour and extraordinary materials. If this week’s shows were anything to go by, the high street next spring will be a cocophany of pinks, turquoise, sequins, feathers and cowgirl [...]