Google cost surge sees investors flee April 14, 2011 GOOGLE posted a 15 per cent rise in pre-tax profits to $2.89bn (£1.76bn) in its first-quarter results last night, but investor panic over a 34 per cent surge in costs saw its shares dive by 5.4 per cent in after-hours trading. Costs ballooned to $5.78bn, with sales and marketing spending rising 69 per cent to [...]
FTSE falls with investors still cautious ahead of US results April 14, 2011 BRITAIN’S top share index fell yesterday, led by Reckitt Benckiser after the company said its chief executive was retiring, and with banks weaker on renewed worries about sovereign debt levels. The FTSE 100 fell 46.64 points, or 0.8 per cent, to 5,963.80, its lowest close since 31 March. The index is up 1.1 per cent [...]
ITV CREWS CATCH BANKERS ON CAMERA FOR NEW LEGAL DRAMA April 11, 2011 LUNCHBREAKS for the employees of Bank of New York Mellon Asset Management will never be the same again, after ITV rolled into the firm’s neighbourhood last Thursday to film its new legal drama The Jury. The ITV camera crews have been filming on location just a stone’s throw from BNY Mellon’s Queen Victoria Street HQ [...]
ITV CREWS CATCH BANKERS ON CAMERA FOR NEW LEGAL DRAMA April 11, 2011 LUNCHBREAKS for the employees of Bank of New York Mellon Asset Management will never be the same again, after ITV rolled into the firm’s neighbourhood last Thursday to film its new legal drama The Jury. The ITV camera crews have been filming on location just a stone’s throw from BNY Mellon’s Queen Victoria Street HQ [...]
Hays UK dip offset by overseas boost April 7, 2011 RECRUITMENT group Hays yesterday posted a 16 per cent jump in net fees, led by its strong international business, and said its outlook was positive in nearly all markets outside of the struggling UK public sector. Hays, which specialises in placing office workers such as accountants and secretaries, said it had seen excellent growth in [...]
Hays UK dip offset by overseas boost April 7, 2011 RECRUITMENT group Hays yesterday posted a 16 per cent jump in net fees, led by its strong international business, and said its outlook was positive in nearly all markets outside of the struggling UK public sector. Hays, which specialises in placing office workers such as accountants and secretaries, said it had seen excellent growth in [...]
Hays fees up in overseas boost April 7, 2011 British recruitment group Hays posted a 16 per cent jump in net fees, led by its strong international business and said its outlook remained positive in nearly all its markets outside of the UK public sector. Hays, which specialises in placing office workers such as accountants and secretaries, said on Thursday it had seen excellent [...]
CITY MOVES | WHO’S SWITCHING JOBS March 31, 2011 GMT Partners The former BBC executive who launched the iPlayer, Ashley Highfield, has been appointed to the Industry Council of GMT Communications Partners, the European telecoms, media and technology-focused private equity group. Highfield is currently UK managing director and vice-president, consumer and online, at Microsoft. Prior to Microsoft, he spent eight years at the BBC, [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 30, 2011 FINANCIAL TIMES CHRISTIAN CANDY TO RESELL GOLD SHARES Christian Candy, the property developer, is to sell shares back to minority investors in a gold mining company after his attempt to take the mine owner private was thwarted. The agreement is part of a deal that could strengthen the rights of small investors. It is set [...]
Libyan minister defects to UK March 30, 2011 LIBYA’S foreign minister Moussa Koussa defected to the UK yesterday, saying he opposed his government’s attacks on civilians. As the US, UK and France refused to rule out arming Libyan opposition forces to help oust Muammar Gaddafi, Kusa resigned from his post in the Libyan government and claimed refuge after he landed at Farnborough airport [...]