Sport Comment: Fans shed crocodile tears over England’s World Cup woe July 13, 2014 SO THAT’S it then. Now we can get on with the real thing. The World Cup has been just an idle distraction. A catwalk of talent auditioning for parts in the main production which starts in just four weeks’ time. How many more players are Arsenal going to sign? Should Chelsea give a clearly burnt-out [...]
Bottom Line: Murdoch is a force to be reckoned with May 12, 2014 LAST FRIDAY I sat down and watched a TV programme, on a terrestrial channel, at the scheduled time. It felt like an occasion. Like much of the population, such is the choice of media offered now that conventional TV viewing feels like the last resort; attractive only once the Netflix sub, iPlayer catch-up and YouTube [...]
Shell shareholders set for cash bonzanza after oil major scraps scrips May 22, 2014 Royal Dutch Shell announced this morning that it is cancelling its scrip dividend programme, after tax issues in the Netherlands meant that costs started racking up for the Anglo-Dutch oil major. The FTSE 100-listed firm introduced the programme in late 2010, as a means of conserving cash, but analysts estimate it cost the company between [...]
London style: Iconic British looks from the brands behind London Collections June 26, 2014 Our exclusive City A.M. Bespoke photoshoot celebrates some of the most iconic looks by the brands who exhibited their wares at the menswear showcase, from 1960s mod-inspired styles to the grimy punk borrowed from the late 1970s. Brilliant fashion minds such as Lou Dalton take these genre classics and reimagine them for a new generation; [...]
Kingfisher begins capital return April 28, 2014 Kingfisher, Europe’s largest home improvements retailer, said yesterday it had begun its programme to return £200m to shareholders this year after buying and cancelling 500,000 ordinary shares. It paid between 409.9p and 414.95p for the shares. The B&Q and Screwfix owner announced last month that it would launch a multi-year programme starting with £200m in [...]
World Cup in brief June 10, 2014 Scolari’s nephew dies in car crash THE NEPHEW of Brazil coach Luiz Felipe Scolari has been killed in a car accident, local police say. The former Chelsea boss took training as normal yesterday, but could miss today’s pre-match press conference in order to be with his family. Costa gives Spain fitness boost SPAIN striker Diego [...]
Four luxury penthouses unveiled at NEO Bankside on the Southbank June 20, 2014 ANOTHER week, another luxury penthouse. No new residential development in London is complete unless it has a £12m monster sitting astride it, while the rest of the inferior apartments peek up at it in envy. Perhaps it’s to create a natural hierarchy in the block, a way of fostering that “keeping up with the Jones’” [...]
Don’t politicise takeovers, Vince Cable – you risk putting bidders off Britain July 17, 2014 "I do not want protectionist legislation, but we do need a last resolute national defence,” said business secretary Vince Cable in City A.M. this week. Unfortunately, there is a risk that Cable’s proposals to toughen up the rules governing takeovers could have adverse consequences unless they are refined. Contrary to some of the wilder speculation, [...]
Cisco shares rise in after-hours trading despite drop in revenue May 14, 2014 NETWORK equipment manufacturer Cisco Systems posted a lower-than-expected 5.5 per cent drop in quarterly revenue late last night, prompting the US giant’s shares to climb in after-hours trading. Cisco reported a net profit of $2.2bn in the third quarter, down from $2.5bn in the same period a year earlier. The company revealed revenue of $11.5bn, [...]
Uber’s south east Asian rival looks to make history June 25, 2014 The chief executive and co-founder of Malaysian-based startup Grabtaxi believes his mobile app has the potential to take south east Asia by storm and revolutionise the taxi industry. Speaking to the Financial Times, Anthony Tan said: "We all believe that if we get this right, we can literally go into the history books." The taxi app [...]