Stay in touch on the move August 31, 2011 HAVING a Bluetooth headset permanently stuck in your ear is pretty much at the epicentre of uncool. However, if you’re someone who travels a lot, at some point you have to accept that it’s a necessity. Plug-in headphones with a microphone attachment really don’t cut the mustard if you’ve important calls to make, while Bluetooth [...]
CITY MOVES | WHO’S SWITCHING JOBS September 12, 2011 Savills The property services firm has hired Iain Chapman as senior director of regional commercial leasing in Asia, based in Hong Kong. Chapman began his real estate career in Asia in 1990, joining Savills in 1995, before moving to Colliers in 2000, as director and co-head of Hong Kong commercial leasing. Chapman will work with [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 28, 2011 FINANCIAL TIMES LLOYDS SET TO EASE PRESSURE ON CHIEF Lloyds Banking Group is exploring ways to reduce the workload on António Horta-Osório, its chief executive, as it attempts to convince investors he will be able to make a successful comeback from a period of medical leave. The state-backed bank is considering fortifying the support around [...]
The man gunning for Sky in the battle to be king of the movies January 9, 2012 IT’S a brave man who takes on BSkyB. The UK’s undisputed champion of subscription TV continues to go from strength to strength, seemingly impervious to the problems facing its biggest shareholder. But there is a new kid in town who wants to muscle in on the action. Netflix launched its video streaming service in the [...]
Hopes from across pond support rally October 26, 2011 US stocks rose yesterday as the slow progress from European leaders in resolving their debt crisis was enough to satisfy investors, even if early reports from an EU summit were short on detail. The Eurozone aims to leverage its €440bn bailout fund “several fold,” but details are not expected until November, according to a draft [...]
Hopes from across pond support rally October 26, 2011 US stocks rose yesterday as the slow progress from European leaders in resolving their debt crisis was enough to satisfy investors, even if early reports from an EU summit were short on detail. The Eurozone aims to leverage its €440bn bailout fund “several fold,” but details are not expected until November, according to a draft [...]
Hulu draws lots of bid attention August 24, 2011 The deadline for initial bids in the auction for US television service Hulu was extended from yesterday until the end of the week to allow interested parties more time to examine the online video site’s financial information, according to people familiar with the situation. Yahoo, Google, DirecTV and Amazon were among the parties preparing to [...]
Best Buy profit hit by growing online retailers September 13, 2011 ELECTRICALS retailer Best Buy’s second-quarter profit plummeted by 30 per cent as consumer spending continues to be squeezed and online competitors gain momentum. The company said sales were almost flat despite a string of promotions. For the quarter to 27 August, Best Buy reported a profit of $177m (£111.5m), down from $254m in the same [...]
Amazon fails to wow investors January 27, 2011 Amazon.com last night forecast lower margins than some investors hoped for, reflecting the costs of its growth strategy, and shares of the world’s largest online retailer plunged 8.5 per cent. The company, which was widely believed to have enjoyed a stellar holiday season as it took market share from competitors, also posted fourth-quarter revenue that [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 11, 2011 FINANCIAL TIMES JPMORGAN CHIEF SAYS BANK RULES ‘ANTI-US’ New international bank capital rules are “anti-American” and the US should consider pulling out of the Basel group of global regulators, Jamie Dimon, chief executive of JPMorgan Chase, has said. In an interview with the Financial Times, Mr Dimon said he was supportive of forcing banks to [...]