How to pass the torch to your hero July 26, 2011 EVER since the theft of fire from Zeus by Prometheus (well, that’s what the legend says), a torch has been kept alight throughout the Olympics. And in the run up to the coming Olympics, beginning on 19 May 2012, it will be carried across the country in relay by those nominated as community heroes. The [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 26, 2011 FINANCIAL TIMES BP PROPOSES FOURTH PIPELINE ROUTE TO BRING AZERBAIJAN GAS TO EUROPE BP is planning a pipeline stretching 1,300 km across three countries to bring gas from Azerbaijan to Europe. The scheme is a new entrant in the highly charged competition to construct a supply route to the Caspian basin and reduce Europe’s dependence [...]
On International Paralympic Day Sainsbury’s is relishing the Games September 7, 2011 COUNTDOWN TO THE LONDON PARALYMPIC GAMES 2012 356 DAYS TO GO Gwyn Burr explains the business case for leading the way as the first Paralympics-only corporate sponsor Q.What was your brand’s primary reason for being involved with the Games? A.I think that the Paralympics movement and Sainsbury’s have a very similar brand ethos. The idea [...]
Coca-Cola offers $4.5bn in debt November 5, 2010 Coca-Cola Co hit the market yesterday with its largest ever debt offering of $4.5bn, including a three-year tranche at one of the lowest interest rates ever in the high grade corporate bond market. The offering comes as the soft drink company aims to take advantage of low rates. Coke is offering to buy back a [...]
WALL STREET WEEK AHEAD April 25, 2011 LARGE blue chips, including some consumer-oriented companies, will have to show they can counter sluggish developed economies by leveraging growth in emerging markets and technology – if Wall Street is to maintain earnings momentum this week. Companies like Microsoft, PepsiCo, and Coca-Cola, unloved on Wall Street, could turn out to be good buys if they [...]
CITY MOVES | WHO’S SWITCHING JOBS April 27, 2011 AZ Electronic Materials Mike Powell will join the board of AZ Electronic Minerals on 1 September as chief financial officer. Powell succeeds the company’s current CFO Ken Greatbatch, who will retire on 31 August after reporting the firm’s half-year results. Powell joins from Nippon Sheet Glass, where he has been group finance director for the [...]
CITY MOVES | WHO’S SWITCHING JOBS April 14, 2011 Lloyds TSB Commercial Finance Andrew Gaunt has been promoted to associate director of Lloyds TSB commercial finance’s business development team in the North East and Yorkshire. Gaunt moves from the lender’s large and major corporates team in the region, where he has spent the last five years as client manager, looking after a combined review [...]
Corporate results boost US stocks April 26, 2011 A FRESH batch of corporate results pushed US stocks to their best levels since June 2008 yesterday, renewing optimism that profit growth will remain resilient enough to keep equities on the rise. The S&P 500 barreled through the 1,344 level, seen as a key resistance point the benchmark index needed to surpass in order to [...]
Corporate results boost US stocks April 26, 2011 A FRESH batch of corporate results pushed US stocks to their best levels since June 2008 yesterday, renewing optimism that profit growth will remain resilient enough to keep equities on the rise. The S&P 500 barreled through the 1,344 level, seen as a key resistance point the benchmark index needed to surpass in order to [...]
Defensive sectors support US market April 14, 2011 STOCKS that outperform in a weak economy helped buoy the Dow and S&P 500 yesterday as concerns about faltering growth and inflation prompted investors to seek out less volatile names. Energy shares also rallied as US crude gained more than one per cent. The S&P 500 fell almost one per cent early but found support [...]