AztraZeneca falls on drug trial flop March 8, 2010 ASTRAZENECA’S cancer drug Recentin failed in a head to head late stage trial with Roche’s Avastin in colon cancer patients, hurting the Anglo-Swedish drugmaker’s shares yesterday. The company said the data showed the experimental drug did not live up to expectations. But it said it would wait for fresh data from a second late stage [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 18, 2009 FINANCIAL TIMES LLOYDS OFFLOADS MALL FOR £300MHammerson, the UK real estate investment trust, has emerged as the preferred buyer of a £300m shopping mall near Glasgow being sold by Lloyds Banking Group after the original owner defaulted on the loan. The UK commercial property market has seen few sales by the larger lending banks, in [...]
I don’t have time to get into a relationship March 15, 2010 DEAR VEXED: I am desperate for a relationship but my work is so demanding I have no time during the week and tend to be exhausted at weekends. Work is really important to me and I’m not willing to switch down a gear or change professions – does this mean I must make my peace [...]
ANALYST VIEWS: WILL MORE UK TAX EXILES HAVE TO PAY TAX AFTER THIS RULING? February 17, 2010 SEAN DURY | PRICEWATERHOUSECOOPERS We expect increasing movements of employees out of the UK. While companies may take some comfort from the viewpoint of the courts, the withdrawal of IR20 in April 2009 and only draft guidance in place since means terms around the meaning of residency in the UK are unclear. TINA RICHES | [...]
Jungles, sea and history in old Malaysia June 13, 2010 A 100-mile ferry-ride across the South China Sea is Langkawi, one of the world’s most idyllic spots for sunbathing, swimming in crystal green waters framed by lush jungle, and the total luxury of a world-class beach resort. It’s gorgeous – but probably quite similar to retreats in Thailand, Indonesia, the Caribbean, Costa Rica, Mauritius…you get [...]
Gloves off as Goldman ups SEC defence April 25, 2010 GOLDMAN Sachs at the weekend distanced itself even further from the man at the centre of the Securities and Exchange Commission’s fraud case, publishing a raft of damaging personal emails to demonstrate differences of opinion within the bank. Goldman’s retaliatory move came just hours after a Senate subcommittee released a number of potentially explosive email [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 1, 2009 FINANCIAL TIMES HIT HAMSTER RANGE LIFTS CHARACTER GROUPToymaker and distributor The Character Group has predicted Christmas shortages of its most popular lines of children’s gifts, including Go Go Pets, based on a range of battery-powered interactive hamsters. John Lewis, the department store chain, has already imposed a limit of one order per customer for the [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 24, 2010 FINANCIAL TIMES EUROZONE DIVISIONS HIT SINGLE CURRENCY The euro came under heavy pressure yesterday, falling to a 10-month low against the dollar, as doubts intensified about the 16 eurozone member states agreeing on financial assistance for Greece – and Portugal suffered a credit downgrade. Sentiment soured towards the European single currency after Fitch, the rating [...]
Metro Bank in hiring drive February 22, 2010 METRO Bank, the new high street lender set up by US billionaire Vernon Hill, has selected a team of City veterans as non-executive directors to beef up its board, ahead of an imminent final decision from the Financial Services Authority (FSA) on its banking licence. The bank – which is led by Financial Services Forum [...]
Commerzbank stalls over unpaid bonuses lawsuit September 30, 2009 COMMERZBANK will not be able to delay indefinitely a lawsuit by former employees seeking bonuses they claim were guaranteed but withheld, a lawyer acting for the staff said. The bank yesterday said it had won a 28-day extension to prepare a defence against 72 employees of Dresdner Kleinwort, now part of the German bank, who [...]