Ryanair says rival needs a big shake up September 24, 2009 BUDGET carrier Ryanair is willing to “invest more money” into Aer Lingus, but is unlikely to make a third bid for its rival, chief executive Michael O’Leary said yesterday. The flamboyant boss, whose company is a 29 per cent shareholder in Aer Lingus, said the Irish airline will need major reorganisation. “They will come to [...]
VT Group sells off stake in its BVTFleet to BAE for 346m September 24, 2009 VT GROUP has sold off its 45 per cent share in the shipbuilding unit BVT Fleet to BAE Systems, it said yesterday, for £346m. The figure comes after adjustments for £600,000 of so-called “notional interests”, and deductions of £12.2m for pensions liabilities. Of the £346m, VT Group will put £43m into BVT for costs incurred [...]
VT Group sells off stake in its BVTFleet to BAE for 346m September 24, 2009 VT GROUP has sold off its 45 per cent share in the shipbuilding unit BVT Fleet to BAE Systems, it said yesterday, for £346m. The figure comes after adjustments for £600,000 of so-called “notional interests”, and deductions of £12.2m for pensions liabilities. Of the £346m, VT Group will put £43m into BVT for costs incurred [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 16, 2009 FINANCIAL TIMES BURBERRY LOOKS TO WIN OVER FRIENDS ONLINEBurberry, the fashion brand that has gone from classic to cutting edge, is to launch its own social networking site next month. The clothing group hopes the move will deepen its relationship with customers and attract new devotees. Called artofthetrench.com, the site will initially feature users sending [...]
Scandals do little damage to Renault and JJB September 22, 2009 BRAND INDEXSTEPHAN SHAKESPEARE WE’VE discussed before the stability of brands: British Airways is a great example of those that have suffered all sorts of media squalls and yet always return to their same high BrandIndex score. They are in the overwhelming majority: it’s one of the key reasons to invest heavily in brand-building, that it [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 25, 2010 FINANCIAL TIMES CHINESE COMPANIES DEBATE LINKS WITH GOOGLE A wave of Chinese businesses are reconsidering their ties with Google in the wake of the US internet company’s move to confront their government over internet censorship. The decision for companies like Sina, the web portal, or China Mobile, the telecoms operator, on whether to stay with [...]
WHAT THE OTHER PAPER SAY THIS MORNING October 25, 2009 THE SUNDAYSThe Sunday TelegraphHOUSEHOLDS LOSE 13PC OF WEALTHThe huge impact of the economic turmoil on the British public has been revealed by new figures that show household wealth in Britain fell by £844bn between 2007 and 2008, driven by sharp falls in house prices and the collapse of the stock market. It is expected to [...]
WHAT THE OTHER PAPER SAY THIS MORNING October 25, 2009 THE SUNDAYSThe Sunday TelegraphHOUSEHOLDS LOSE 13PC OF WEALTHThe huge impact of the economic turmoil on the British public has been revealed by new figures that show household wealth in Britain fell by £844bn between 2007 and 2008, driven by sharp falls in house prices and the collapse of the stock market. It is expected to [...]
TRAVEL NOTES September 27, 2009 Marrakesh’s home of luxury reopensOne of Morocco’s most famous hotels, La Mamounia in Marrakech, will be reopening its doors this week after a three year restoration project. The place has hosted all manner of royalty, celebrities and jet setters over the years, having established a reputation for opulent, colonial-style luxury and glamour. As well as [...]
TRAVEL NOTES September 27, 2009 Marrakesh’s home of luxury reopensOne of Morocco’s most famous hotels, La Mamounia in Marrakech, will be reopening its doors this week after a three year restoration project. The place has hosted all manner of royalty, celebrities and jet setters over the years, having established a reputation for opulent, colonial-style luxury and glamour. As well as [...]