CITY MOVES | WHO’S SWITCHING JOBS September 22, 2011 Vipera The mobile financial services provider has appointed Luciano Martucci, the former chairman of IBM Italia, as a non-executive chairman. In addition, Petter Neby, chairman of Neby & Jahrmann, a cornerstone investor in Vipera, has been appointed as a non-executive director, and non-executive chairman John Defterios has resigned from the board. Sinclair IS The pharma [...]
Strong results bolster Wall Street stocks July 19, 2011 WALL Street rebounded yesterday, bolstered by strong corporate results and renewed hope for an agreement in Washington that would avert a default on US debt. The Dow Jones industrial average was up 210.10 points, or 1.70 per cent, at 12,595.26. The Standard & Poor’s 500 Index was up 21.38 points, or 1.64 per cent, at [...]
ARM and IBM sign new alliance January 18, 2011 UK Chipmaker ARM will work with IBM on the next generation of microprocessors, the firm announced yesterday. It will work with the computing giant on a new range of low powered processors for mobile devices. The deal comes after ARM received a major boost from Microsoft at the Consumer Electronics Show earlier this month, with [...]
ARM and IBM sign new alliance January 18, 2011 UK Chipmaker ARM will work with IBM on the next generation of microprocessors, the firm announced yesterday. It will work with the computing giant on a new range of low powered processors for mobile devices. The deal comes after ARM received a major boost from Microsoft at the Consumer Electronics Show earlier this month, with [...]
Apple reaches top of the world – but will it stay there? August 22, 2011 @steve_dinneen LAST week Apple achieved what even a year ago seemed all-but impossible – it became the biggest company in the world. In shuffling, albeit briefly, past oil giant Exxon Mobil, it joined an ultra-exclusive club of just 10 companies to have held the top spot in the history of the S&P 500. And unlike [...]
IBM shares rally after strong results January 18, 2011 IBM’s results exceeded expectations last night, raising hopes that global companies are becoming confident enough to spend more on technology. IBM shares rose 2.4 per cent after-hours to $154.34 after the company reported net income for the fourth quarter of $5.3bn (£3.3bn), or $4.18 per share, compared with $4.8bn, or $3.59 per share, a year [...]
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 [...]
Apple is now world’s most valuable firm August 10, 2011 APPLE yesterday closed as the most valuable company in the world for the first time, surpassing oil giant Exxon. The Cupertino-based company slipped 2.8 per cent in a tough market to close at $337bn, with Exxon dropping 4.41 per cent to finish at $331bn. Apple had briefly passed Exxon on Tuesday, ending the oil major’s [...]
Apple is now world’s most valuable firm August 10, 2011 APPLE yesterday closed as the most valuable company in the world for the first time, surpassing oil giant Exxon. The Cupertino-based company slipped 2.8 per cent in a tough market to close at $337bn, with Exxon dropping 4.41 per cent to finish at $331bn. Apple had briefly passed Exxon on Tuesday, ending the oil major’s [...]
STEVE JOBS QUITS AS APPLE’S CHIEF August 24, 2011 STEVE JOBS last night resigned as chief executive of Apple, telling the board he is no longer able to meet his duties. His shock departure heralds the end of an era for one of the world’s biggest firms and most colourful chief executives. The decision follows a seven month medical leave of absence, during which [...]