Falcon business jet contract win for Meggitt October 23, 2013 Meggitt has announced a multi-million dollar contract win for a braking and control system with Dassault. (Release) Dassault, who make 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 officer Stephen Young commented that the award "is a significant milestone [...]
Intertek buys GXT in £45m deal October 3, 2013 Intertek Group, a product testing firm, yesterday bought Global X-Ray & Testing Corporation, a US-based provider of non-destructive testing and mechanical integrity services to the oil and gas industry. Intertek bought the company from private equity firm Platte River Equity and the management shareholders for $72m (£45m).
Bottom Line: Gilbert is not the only one who got a deal November 18, 2013 AFTER Macquarie swooped in with an eleventh hour bid last week, the long-rumoured acquisition of Swip by Aberdeen was all looking a bit uncertain. But yesterday chief executive Martin Gilbert prevailed – handing over £550m in shares in return for around £136bn of assets under management, plus a deal to manage assets on behalf of [...]
Beckham: I will lure stars to Miami February 5, 2014 England great unveils plans for own MLS team FORMER England captain David Beckham has vowed to make a success of plans to set up his own football team in Miami, despite previous attempts to establish a Major League Soccer (MLS) franchise in the Florida city ending in failure. Beckham, who retired from playing last year, said [...]
Microsoft says new tablet is faster than 95 per cent of laptops today September 23, 2013 Today's second tablet release (after Tesco's Hudl), tech giant Microsoft is now unveiling its Surface 2 and Surface Pro 2 devices. Microsoft vice president surface Panos Panay says they've "been working on the second-generation of products for about 18 months". Panay says that the Pro 2 is "literally faster than 95 percent of laptops today" [...]
Profits slump at BMW car arm as tech costs climb November 5, 2013 GERMAN luxury carmaker BMW said yesterday its third-quarter operating profit at its key automotive division fell more than expected due to the cost of new technology and price discounts in core European markets. Munich-based BMW said the division’s earnings before interest and tax (Ebit) dropped six per cent to €1.55bn (£1.3bn), missing analysts’ expectations. That [...]
Aquis targets November launch date September 30, 2013 AQUIS Exchange, the trading platform which has attracted the attention former Barclays boss Bob Diamond, has told prospective clients it hopes to launch the exchange next month. The company, which has been set up by former Chi-X chief executive Alasdair Haynes, wrote to potential customers last week telling them it hoped the trading platform would [...]
England are rattled, taunts Johnson November 27, 2013 AUSTRALIA fast-bowler Mitchell Johnson says England have been rattled by the hosts’ aggressive approach and believes further sledging is the key to his side’s hopes of reclaiming the Ashes. Johnson also rejected suggestions from England coach Andy Flower that the two teams might discuss toning down the hostility, following a fractious first Test that Australia [...]
Clarke fined but Lehmann wants sledging to stay November 25, 2013 AUSTRALIA captain Michael Clarke has been fined 20 per cent of his match fee for an X-rated sledge towards England fast bowler James Anderson during the first Ashes Test at Brisbane. As Anderson prepared to face the bowling of seamer Mitchell Johnson, he was told by Clarke “get ready for a broken f***ing arm”. The [...]
Warren Buffet rates Breaking Bad A+ October 3, 2013 Investment sage Warren Buffett has rated the finale of television show Breaking Bad as A+, reports CNBC. He said that it's the best written thing he's ever seen. The guru and holder of the fourth spot on the Forbes Rich List is a well known fan of the show, created by Vince Gilligan. He's previously [...]