Start-up founders extract a tidy sum January 9, 2012 AN interesting deal this. Industry sources put the price of BSkyB’s stake in Zeebox at a rich $15m (£9.7m), implying a valuation of $150m for a start-up that was launched just two months ago. Extrapolating a price tag mightn’t be entirely fair, because Sky is also buying the rights to integrate Zeebox’s technology into its [...]
Mitchells & Butlers drags its heels over CEO replacement November 20, 2011 THE SEARCH for a new chief executive for Mitchells & Butlers is set to drag on with no fixed deadline, as the pub group struggles to attract candidates. There will be no update on the hiring process when M&B announces its full-year numbers tomorrow, even though some analysts were expecting one. The results are forecast [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 11, 2012 FINANCIAL TIMES BANK OFFERS TRADES FOR EUROZONE SHORTING Credit Suisse is offering its hedge fund clients off-the-shelf products that allow traders to replicate hypothetical gains made by betting against European stock indices that include equities covered by Eurozone short selling bans. The bank has made five shortable baskets “optimised” to track leading European indices as [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 11, 2012 FINANCIAL TIMES BANK OFFERS TRADES FOR EUROZONE SHORTING Credit Suisse is offering its hedge fund clients off-the-shelf products that allow traders to replicate hypothetical gains made by betting against European stock indices that include equities covered by Eurozone short selling bans. The bank has made five shortable baskets “optimised” to track leading European indices as [...]
Netflix and Lovefilm battle for UK market January 9, 2012 US video streaming service Netflix began its attempt to take over the UK market yesterday, ruffling the feathers of home competitors such as Lovefilm and Sky Movies. British customers can pay £5.99 per month for unlimited access to Netflix’s online emporium of films and TV programmes that can be streamed on a range of gadgets [...]
Kingfisher beats forecasts December 1, 2011 Kingfisher beat forecasts with a 14 per cent rise in third-quarter earnings as market share gains and a drive to improve margins offset weak sales in Britain and slowing growth in France. The group, which runs British market leader B&Q as well as Castorama and Brico Depot in France and elsewhere, said on Thursday it [...]
Keeping venues and the brand safe in 2012: A blend of risk and reward January 10, 2012 COUNTDOWN TO THE LONDON 2012 OLYMPIC GAMES 198 DAYS TO GO Mark Hamilton gives an insight into G4S’s decision to become the official security provider to the Games Q. What was your brand’s primary reason for being involved with the Games? A. As the world’s largest international security solutions provider, and as we’re based in [...]
Miami Nice: there’s lots more to Florida than Disney World April 15, 2012 FOR most of the 1.5m Brits who travel to Florida each year, it’s the allure of the Mouse that does it. But there’s much more to the state than Disney. While Orlando promises wholesome family entertainment (especially for those who don’t mind queuing), the rest of Florida offers some serious fun for grown ups. Miami [...]
That was the year that was January 2, 2012 22 FEBRUARY The revolution in Libya was the most striking incarnation of the Arab Spring, which also toppled leaders in Tunisia and Egypt. Just eight months later, Colonel Gaddafi was killed, while his family were captured or exiled. 14 MARCH With a death toll near 16,000, the Japanese earthquake and tsunami was truly devastating. Disrupted [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 19, 2011 FINACIAL TIMES NETWORK RAIL WARNED OVER BONUSES Senior management at Network Rail should forget about bonuses next year, Justine Greening, the transport secretary, said on yesterday. She was speaking after the Office of Rail Regulation (ORR) found that the owner of Britain’s railway infrastructure had failed to meet its punctuality targets and was in breach [...]