Kraft’s Cadbury bid sparks a flurry of FTSEmerger hopes September 7, 2009 THE leading share index notched back up towards the 5,000-points mark yesterday, after a proposed bid for Cadbury by Kraft raised hopes of a more general pick-up in merger activity and lifted banks and commodity shares. The FTSE 100 rose 1.7 per cent to a close of 4,933.18, up 81.48 points, as it came close [...]
Norton Rose is ready to expand in Asia on the back of its latest deal November 29, 2009 There is light at the end of the economic night – of that Peter Martyr is fairly certain. But the CEO of NortonRose, the City law firm, wants to make sure we are not facing a false dawn before he gets too excited. As he puts it: “The financial crisis has moved so quickly that [...]
Large caps break 5,000 as travel gets its day in the sun September 9, 2009 THE FTSE 100 ended a week of waiting yesterday to pull itself above the 5,000 level by the close. The benchmark index rose by 1.2 per cent on the back of strong oil and bank stocks, as well as early gains on Wall Street. By the close the index was 56.96 points higher at 5,004.30, [...]
CITY MOVES WHO’S SWITCHING JOBS September 3, 2009 Pinsent MasonsThe law firm has appointed Raymond Beven as a London-based partner, responsible for leading the transport team within the firm’s projects and international construction group. Beven will be tasked with working across a broad transport portfolio including airports, rail and ports and projects in the Middle East, Caspian region and Europe. He joins from [...]
FTSE enjoys best run in four years July 21, 2009 THE FTSE 100 has had its best run in four years after companies around the world delivered better-than-expected results. The index of top-rated companies ended a seventh day of rises one per cent higher at 4481.17. It is the best winning streak since July 2005, with daily increases bringing the FTSE 100 up 8.7 per [...]
FTSE enjoys best run in four years July 21, 2009 THE FTSE 100 has had its best run in four years after companies around the world delivered better-than-expected results. The index of top-rated companies ended a seventh day of rises one per cent higher at 4481.17. It is the best winning streak since July 2005, with daily increases bringing the FTSE 100 up 8.7 per [...]
BA and Unite talks fail July 23, 2009 TALKS between British Airways and union Unite over cost savings and redundancies broke down last night. The two sides, battling over an agreement to cut thousands of jobs and freeze pay, must now abide by a 14-day cooling off period, during which there is no communication between them. BA wants staff to accept a two-year [...]
BA and Unite talks fail July 23, 2009 TALKS between British Airways and union Unite over cost savings and redundancies broke down last night. The two sides, battling over an agreement to cut thousands of jobs and freeze pay, must now abide by a 14-day cooling off period, during which there is no communication between them. BA wants staff to accept a two-year [...]
Branson all set to slam BA in the US August 9, 2009 SIR Richard Branson is set to air his grievances on the proposed tie-up between British Airways (BA) and American Airlines (AA) in the US next month, appearing in front of a key panel examining competition policy. The founder of Virgin group, who has been very vocal in his condemnation of the tie-up, was summoned as [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 20, 2009 THE SUNDAYSThe Sunday TelegraphTRUELL TO CONSOLIDATE UK PENSIONS Renowned City investor Edmund Truell is gearing up for a fresh round of acquisitions to drive consolidation in the UK pensions market. Truell, who founded private equity house Duke Street, said he was exploring targets for his Pension Corporation vehicle and had seen a growing interest from [...]