Pace signals a healthy full year outlook November 4, 2009 SET-TOP box maker Pace said yesterday it was on track to meet expectations for the year as it continued to perform well in a strong digital TV market. The company, which makes devices for BSkyB and Comcast, said average selling prices were increasing in the second half compared with the first half of the year, [...]
The power plant boss who is busy trying to clean up her firm’s act December 16, 2009 T he best way to describe the chief executive of Drax power station Dorothy Thompson is to say that she is poised – a quality that will undoubtedly come in handy when it comes to navigating a path through energy markets beset with low demand and ever more onerous climate change targets. When one meets [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 15, 2009 FINANCIAL TIMES MYNERS TO BOOST PROTECTION OF BANK CLIENTS PLANS to increase protection for clients and counterparties of failing investment banks will be unveiled by the Treasury today in an effort to prevent a repeat of the legal wrangling around the collapsed Lehman Brothers. The move is aimed at ensuring an orderly wind-down of investment [...]
Pirc attacks Ball’s ITV demand September 21, 2009 Shareholder body Pirc yesterday launched an attack on the £30m pay package ex-BSkyB boss Tony Ball is said to be demanding to take up the role of chief executive of ITV. The body is concerned over potential risks to the long-term stability of the struggling broadcaster. It is expected that ITV will make an announcement [...]
Sharks and Sabres eyeing a chance at world glory October 7, 2009 TWENTY20 kings Sussex Sharks and Somerset Sabres are preparing to take on the world’s best in India this week with the aim of becoming the first-ever Champions League winners. Over £3.6m is up for grabs as 12 teams from the world’s biggest cricketing nations lock horns over 23 games for the inaugural prize. Postponed last [...]
Sharks and Sabres eyeing a chance at world glory October 7, 2009 TWENTY20 kings Sussex Sharks and Somerset Sabres are preparing to take on the world’s best in India this week with the aim of becoming the first-ever Champions League winners. Over £3.6m is up for grabs as 12 teams from the world’s biggest cricketing nations lock horns over 23 games for the inaugural prize. Postponed last [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 25, 2009 FINANCIAL TIMES INVESTORS TO SIGN AVTOVAZ AID DEALShareholders in Russian car maker Avtovaz will sign a rescue deal for the near-bankrupt firm at a meeting near Paris this week, Yuri Ushakov, the Russian Prime Minister’s deputy chief of staff, said yesterday. SATYAM SHARES TUMBLE OVER FRESH CHARGESShares in Mahindra Satyam, the fraud-hit IT services group, [...]
ITV board wrangles over Ball’s remuneration deal September 6, 2009 The ITV nominations committee is understood to be in dispute with Tony Ball over the “considerable” remuneration package the former BSkyB chief executive is demanding to become its new chief executive. ITV has been reluctant to appoint Ball, who earned more than £25m as boss of BSkyB between 1999 and 2003, as a number of [...]
Ball wants bumper ITV pay packet September 20, 2009 Former BSkyB chief Tony Ball is locked in talks with ITV over the remuneration package he has been offered to succeed Michael Grade as chief executive at the broadcaster. Ball is understood to be demanding a pay deal worth up to £30m, including share options back-dated to when he was first touted as a candidate [...]
Sun, sea and Arabian Delights November 1, 2009 THERE are many parts of the world about which I am pessimistic but Dubai, despite its recent economic woes, is not one of them. Nobody else in the Middle East has pulled off what Dubai has achieved: a peaceful, capitalist, multi-ethnic state based on commerce, property, finance, entertainment and tourism. While it has been engulfed [...]