French giant has started to lose edge January 31, 2011 CARREFOUR’S executives certainly need to do something to revive the retailer’s flagging fortunes. Anyone who has holidayed in France regularly over the last few years will have noticed that the supermarket giant is losing its edge. It used to be that one of the pleasures of hopping across the channel was a trip to l’hypermarché [...]
CITY MOVES | WHO’S SWITCHING JOBS March 20, 2011 BAE Systems Paula Rosput Reynolds (pictured) has joined the defence firm’s board as a non-executive, an appointment that will take effect from 1 April. Reynolds has spent more than 20 years in the energy sector, including roles as president and chief executive of AGL Resources in 2002 and Safeco Corporation. She took on the job of [...]
BEST OF THE BROKERS January 19, 2011 NOKIA Standard & Poor’s Equity Research has moved the mobile maker from “strong buy” to “hold” and downgraded the target price to €8 from €9 as it feels its board has limited strategy options against competitors such as Apple’s iPhone and Google’s Android. The broker says Nokia’s operating systems lack exciting apps and it should [...]
BEST OF THE BROKERS January 19, 2011 NOKIA Standard & Poor’s Equity Research has moved the mobile maker from “strong buy” to “hold” and downgraded the target price to €8 from €9 as it feels its board has limited strategy options against competitors such as Apple’s iPhone and Google’s Android. The broker says Nokia’s operating systems lack exciting apps and it should [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 10, 2011 FINANCIAL TIMES PACE OF UK GROWTH UNDER THREAT Britain’s economy is unlikely to grow as fast as before the financial crisis because its most productive sectors have been hardest hit, jeopardising government plans to cut the deficit. A Financial Times analysis of the sectorial performance of the economy before and after the crash highlights how [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 10, 2011 FINANCIAL TIMES PACE OF UK GROWTH UNDER THREAT Britain’s economy is unlikely to grow as fast as before the financial crisis because its most productive sectors have been hardest hit, jeopardising government plans to cut the deficit. A Financial Times analysis of the sectorial performance of the economy before and after the crash highlights how [...]
Wake up and smell the instant coffee March 24, 2011 CHRISTMAS?2010 will be remembered as Britain’s last big spending splurge. What better way to end almost two decades of unsustainable, debt-fuelled largesse than with a massive turkey dinner and tonnes of presents? Supermarkets could barely believe it as families spent more than ever before on rich food and booze; John Lewis notched up record sales. [...]
M&S hires overseas retail chief February 24, 2011 MARKS & Spencer (M&S) has poached Jan Heere from Spanish fashion group Inditex to lead its drive for business overseas. The clothing, homewares and food retailer yesterday named Heere as its new director of international, reporting to chief executive Marc Bolland. It said Heere, fluent in English, Spanish, French, Dutch and Russian, has worked for [...]
Asda sales bounce back triggering staff bonus February 22, 2011 Asda sales bounced back at the end of last year it had lost ground to some of its rivals. The grocery giant, second in size only to Tesco, saw its market share slip last year. But sales in the fourth quarter rose 1.6 per cent. It said it had been boosted by its Chosen by [...]
Asda sales bounce back triggering staff bonus February 22, 2011 Asda sales bounced back at the end of last year it had lost ground to some of its rivals. The grocery giant, second in size only to Tesco, saw its market share slip last year. But sales in the fourth quarter rose 1.6 per cent. It said it had been boosted by its Chosen by [...]