Cameron takes stock after 100 days in power August 17, 2010 TONY Blair, who releases his memoirs next month, says his biggest regret was not doing enough during his early years in power. He wasted his first 100 days – and indeed much of his first term – basking in the glory of Labour’s landslide win. By the time he turned his attention to public service [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 20, 2010 FINANCIAL TIMES BOOK PUBLISHERS FEAR THREAT OF DIGITAL PIRACY Publishers have warned that the fight against illegal copying of digital books could impose a huge cost on the industry, raising fears of a new wave of online piracy. Gail Rebuck, chairman and chief executive of The Random House Group, part of Bertelsmann, said illegal copying [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 20, 2010 FINANCIAL TIMES BOOK PUBLISHERS FEAR THREAT OF DIGITAL PIRACY Publishers have warned that the fight against illegal copying of digital books could impose a huge cost on the industry, raising fears of a new wave of online piracy. Gail Rebuck, chairman and chief executive of The Random House Group, part of Bertelsmann, said illegal copying [...]
… as the iPhone chips away at RIM dominance May 17, 2010 STANDARD Chartered is replacing the BlackBerry, currently its standard corporate communications device, with the iPhone, a move that could eventually result in thousands of bankers switching to the Apple device for business communication on the go. Standard Chartered bankers said the London-based lender was giving its corporate BlackBerry users the option of switching to the [...]
Eurozone divided on debt June 27, 2010 THE never-ending, seemingly billion-hour tennis marathon and the World Cup have been welcome distractions to the doom and gloom in the market. As the latest record high in Greek 5-year credit default swaps indicate, investors still think there is a real possibility that Greece could default on its gargantuan national debt. Marie Diron, an economic [...]
Consortium to bid for train unit April 13, 2010 A consortium of Morgan Stanley Infrastructure, 3i Infrastructure and Star Capital is set to submit a bid today for HSBC’s train unit, valued by the company at £2bn. The group is to make the bid, sources said, as HSBC tries to attract more interest in its train leasing unit, Eversholt, which owns a third of [...]
DS Smith makes bid for Otor July 7, 2010 PACKAGING and office products company DS Smith has extended its reach in Europe with the purchase of Otor from private equity group Carlyle. DS Smith has made a £206m bid for 95 per cent of the French packaging firm, with the rest of the deal value consisting of assumed debt. The firm, which has a [...]
DS Smith makes bid for Otor July 7, 2010 PACKAGING and office products company DS Smith has extended its reach in Europe with the purchase of Otor from private equity group Carlyle. DS Smith has made a £206m bid for 95 per cent of the French packaging firm, with the rest of the deal value consisting of assumed debt. The firm, which has a [...]
CITY MOVES | WHO’S SWITCHING JOBS April 28, 2010 HSBC Private Bank The private bank has appointed Daniel Ellis as a managing director and head of the private bank investment group for the UK and Channel Islands, based in London. Ellis is currently head of structured products for HSBC Private Bank Suisse, having joined the group in 2001 to help build the ‘over the [...]
Aldermore: Businesses are being failed by big banks May 20, 2010 ALDERMORE, the lender created from the ashes of Ruffler Bank, has warned that small and medium-sized businesses (SMEs) are being suffocated because they cannot access credit. The institution, which was reinvigorated when it was taken over by private equity group AnaCap last year, fired a broadside at the likes of Barclays and HSBC when it [...]