Audley’s Treger looks to float mining venture January 26, 2014 AUDLEY Capital, the natural resources investment firm co-founded by industry veteran Julian Treger, is joining forces with a former Anglo American executive to float a new mining venture later this year. Activist investor Treger and John MacKenzie, who ran FTSE 100-listed Anglo American’s copper division until last year, are looking to buy mining companies worth [...]
3 electric car myths debunked February 20, 2014 If Tesla Motors' results are anything to go by, it looks like electric cars are taking off. Yesterday, the firm revealed a gross profit of $156.6m (£93.7m) – over six times higher than than a year earlier. The forward-thinking company, which is headed by PayPal and SpaceX founder Elon Musk, saw record transactions of its [...]
England suffer Broad injury blow as Australia close on Ashes glory December 15, 2013 PACEMAN Stuart Broad suffered a cruel injury blow yesterday as England hurtled towards a seemingly inevitable third Test defeat and the loss of the Ashes. Broad was struck on the foot by a Mitchell Johnson delivery, leaving him unable to bowl or field in Australia’s second innings in Perth and a fitness worry for the [...]
Pictures: Motorola unveils the new Moto G for a very cheap £135 November 13, 2013 Motorola has unveiled its new Moto G and, at £135, it's less than a third of the price of an iPhone 5. Moto G is Motorola's first UK smartphone since it was acquired by Google, and following the American Moto X. The new device, said Motorola at its launch this afternoon, "is a smartphone with [...]
Apple launches a barrage of new hardware products while offering a host of free software updates October 22, 2013 Tech giant Apple is launching a stream of new products and boasts that its users are taking to its recent releases. 64 per cent of customers are now using the latest operating system for mobile devices – iOS7 – and a new update to its desktop software OS X – OS X Mavericks – will [...]
Virtual reality is here (almost)… March 26, 2014 Late on Tuesday, Facebook announced their acquisition of virtual reality start-up Oculus VR for $2bn. Here, Alex Dymoke gives the low-down on what many predict is the future of gaming and home entertainment THE HISTORYOculus VR started life in 2011 in the Californian garage belonging to the parents of 19-year-old virtual reality enthusiast and self-taught [...]
Davis returns to haunt Glencore with $3bn miner October 1, 2013 FORMER Xstrata chief executive Mick Davis reinforced his comeback into the mining sector yesterday, with the announcement that his new mining venture has raised $1bn (£618m). Private equity firm TPG and commodities trading house Noble have invested $500m each in X2 Resources, which aims “to create a new mid-tier diversified mining and metals group by…identifying [...]
Davis returns to haunt Glencore with $3bn miner September 30, 2013 FORMER Xstrata chief executive Mick Davis reinforced his comeback into the mining sector yesterday, with the announcement that his new mining venture has raised $1bn (£618m). Private equity firm TPG and commodities trading house Noble have invested $500m each in X2 Resources, which aims “to create a new mid-tier diversified mining and metals group by…identifying [...]
Meggitt wins jet deal October 23, 2013 Meggitt yesterday announced a multi-million dollar contract win for a braking and control system with Dassault. Dassault, which makes Rafale combat planes, has selected the British aerospace engineering business to develop the systems for the all-new Falcon 5X business jet. Meggitt’s chief executive Stephen Young said the award was “a significant milestone”.
Fact or Fiction 2013 December 19, 2013 Six of these stories happened in 2013, six didn’t – can you spot the real ones? 1 Ex-Goldman Sachs-er “Fabulous” Fabrice Tourre pulled out a love letter as part of his defence during his trial in New York. 2 The Lloyd’s of London building was sold to a Malaysian firm for £300m. 3 Tesco was [...]