Flailing high street has worse to come in the year ahead January 6, 2013 AFTER holding their breath for the last few weeks, some retailers can at last allow themselves a cautious sigh of relief. Positive sales numbers from the likes of John Lewis and Next have given the sector a much-needed dose of optimism, resulting in a slight hike in share prices for some of the larger players. [...]
Heineken nears deal with Tiger Beer September 19, 2012 Dutch brewer Heineken has struck a deal with the makers of Tiger Beer after gaining the support of a Thai billionaire. Charoen Sirivadhanabhakdi’s Thai Beverage and TCC Assets agreed to support the sale of Singapore conglomerate Fraser and Neave’s stake in Tiger Beer maker Asia Pacific Breweries to Heineken. In return, the world’s third-largest brewer [...]
Last-GASP Alba winner breaks Celtic Hearts after Catalan Giants seal dramatic comeback October 23, 2012 CELTIC goalkeeper Fraser Forster (left) last night produced one of the finest performances of his career as he and his team went within a minute of earning a famous point away at Camp Nou before Barcelona full-back Jordi Alba’s dramatic late winning goal. Greece international striker Georgios Samaras had given Celtic an 18th-minute lead before Andres [...]
Austerity can’t have hurt UK growth because austerity hasn’t yet begun January 28, 2013 IN ORDINARY parlance, “austerity” means a period of cutbacks, spending reductions, and debt being paid down. So when voters hear talk of government austerity, most of them assume that’s what the government is doing. When they hear (a few) economists saying that weak growth has resulted from “austerity”, voters think cuts to public sector pay [...]
Who’s switching jobs November 21, 2012 Cushman & Wakefield Robert Murphy has been appointed partner and head of City of London development in the commercial real estate service firm’s London markets team. He joins from CBRE, where he was a senior director in its central London development team. Picton Fraser D’Arcy has been appointed to the newly-created role of investment director [...]
SNR Denton set for three way merger to create legal giant November 8, 2012 CITY law firms SNR Denton, Salans and Canadian outfit Fraser Milner Casgrain yesterday announced plans to merge the practices to create the seventh largest law firm on the planet. In an explicit challenge to the dominance of the Magic Circle law firms in the City, the new business will become the biggest energy and mining [...]
Celtic stun European aristocrats Barcelona after teenager Watt provides anniversary present November 7, 2012 CELTIC 2 vs BARCELONA 1 CELTIC manager Neil Lennon hailed the perfect 125th anniversary present after his men produced a huge upset to defeat Barcelona in Glasgow. Kenyan midfielder Victor Wanyama headed the Bhoys in front in the first half and teenage substitute Tony Watt wrapped up the monumental victory late on. Lionel Messi scored [...]
ThaiBev hikes stake in F&N in Heineken fight August 28, 2012 THAI Beverage has raised its stake in Fraser and Neave to just below the level that would trigger a mandatory offer for the whole company, showing its commitment to blocking Heineken’s bid for Asia Pacific Breweries. ThaiBev, controlled by billionaire Charoen Sirivadhanabhakdi, said yesterday it had bought a 2.6 per cent stake in Fraser and [...]
Heineken wins Tiger beer battle September 28, 2012 Heineken won control of Asia Pacific Breweries, the maker of Tiger beer, for S$5.6bn (£2.8bn) this morning. The Dutch brewer bought partner Fraser and Neave’s 40 percent stake in APB, which has 30 breweries in 14 countries, taking its stake in APB from 55.6 per cent to 95.3 per cent. “Our regional headquarters will remain [...]
McCall bullish over Sarries victory October 21, 2012 SARACENS boss Mark McCall is satisfied his side have gained control of Heineken Cup Pool 1 after claiming a second successive victory. The Sarries director of rugby refused to be downbeat despite missing out on a potential bonus point from Saturday’s 30-13 victory over French outfit Racing Metro 92. Charlie Hodgson kicked 15 points while [...]