NEWS CORP FEARS DELAY TO SKY BID July 6, 2011 NEWS Corp bosses yesterday feared they may be forced to delay the firm’s multi billion pound bid for BSkyB, as the toxic political and commercial fallout of the phone hacking scandal continued to gather pace. Bankers close to the deal told City A.M. that negotiations have ground to a halt while both sides consider the [...]
NEWS CORP FEARS DELAY TO SKY BID July 6, 2011 NEWS Corp bosses yesterday feared they may be forced to delay the firm’s multi billion pound bid for BSkyB, as the toxic political and commercial fallout of the phone hacking scandal continued to gather pace. Bankers close to the deal told City A.M. that negotiations have ground to a halt while both sides consider the [...]
THE WEEK AHEAD in association with GFT June 12, 2011 COMPANIES ● Today, the recently listed Glencore will release its first quarter trading statement to 31 March. On the same day, Majestic Wine and Advanced Computer Software will announce for the year. ● Carphone Warehouse and Oxford Instruments will announce on Tuesday. The latter was the first commercial spin-out company from Oxford University. Investors will [...]
Rewards of up to $1m for US whistleblowers May 25, 2011 CORPORATE whistleblowers could score multi-million-dollar payouts for reporting financial wrongdoing under a new programme approved by US securities regulators yesterday. A divided US Securities and Exchange Commission (SEC) voted 3-2 to finalise the measure that has grown into one of the most contentious requirements of last year’s Dodd-Frank Wall Street overhaul law. Tipsters would be [...]
Rewards of up to $1m for US whistleblowers May 25, 2011 CORPORATE whistleblowers could score multi-million-dollar payouts for reporting financial wrongdoing under a new programme approved by US securities regulators yesterday. A divided US Securities and Exchange Commission (SEC) voted 3-2 to finalise the measure that has grown into one of the most contentious requirements of last year’s Dodd-Frank Wall Street overhaul law. Tipsters would be [...]
A legal battle could yet sink the Greek bailout June 28, 2011 ALTHOUGH the Greeks will vote today on the adoption of austerity measures, that vote could mean nothing if a court case launched by a group of five German citizens derails Germany’s financial contribution to the bailout. The group, led by Peter Gauweiler, a member of parliament for the Christian Social Union (CSU) party, includes legal [...]
A legal battle could yet sink the Greek bailout June 28, 2011 ALTHOUGH the Greeks will vote today on the adoption of austerity measures, that vote could mean nothing if a court case launched by a group of five German citizens derails Germany’s financial contribution to the bailout. The group, led by Peter Gauweiler, a member of parliament for the Christian Social Union (CSU) party, includes legal [...]
Gazidis to feel heat of Usmanov’s blast June 12, 2011 ARSENAL chief executive Ivan Gazidis is facing a grilling from disgruntled fans tonight after Alisher Usmanov, the club’s second largest shareholder, turned up the heat on the board. Gazidis (below right), who is hosting a question and answer session with the Arsenal Supporters’ Trust, was already set for a mixed reception amid increasing criticism from [...]
Gazidis to feel heat of Usmanov’s blast June 12, 2011 ARSENAL chief executive Ivan Gazidis is facing a grilling from disgruntled fans tonight after Alisher Usmanov, the club’s second largest shareholder, turned up the heat on the board. Gazidis (below right), who is hosting a question and answer session with the Arsenal Supporters’ Trust, was already set for a mixed reception amid increasing criticism from [...]
US condemns Syria violence April 25, 2011 SYRIAN troops and tanks poured into protester hotspot Deraa yesterday as autocratic President Bashar al-Assad attempted to crush resistance in the city where an uprising began a month ago. At least 18 people were killed, causing the White House to condemn the use of violence and threaten to impose “targeted sanctions”. Security forces have killed [...]