There’s more to Nassau than relaxation and sun January 1, 2013 IN NASSAU, a red 1970 Gold Leaf Lotus Élan, zooms up the hill. A chequered flag waves and a yellow 1957 Ferrari 500 can be spotted up ahead, with a blue Aston Martin DB5 shimmering in the tropical sun in the distance. Someone who looks like Sean Connery is shaking hands with spectators. It could [...]
AstraZeneca, BTG scrap sepsis drug as trial fails August 8, 2012 An experimental drug for severe sepsis from AstraZeneca and BTG failed to help patients in a crucial mid-stage clinical trial and its development will now be halted, BTG said on today. Sepsis occurs when the body’s immune system sets off a chain reaction and over-reacts to an infection, damaging vital organs. The news is a [...]
BHP and Rio in royalties hit November 10, 2011 RIO Tinto and BHP Billiton, the world’s No.2 and 3 iron ore miners, sealed an agreement to pay Western Australia state a higher royalty on iron ore fines to match the royalty on lump ore, as agreed in May. In return, the state has agreed to treat the two global miners’ iron ore expansion plans [...]
RAPID RESPONSES July 26, 2012 Plans for growth [Re: It’s time for some genuine radicalism from George Osborne, yesterday] This article is spot on, but we need more emphasis on one of the main reasons for this country’s inability to quickly and efficiently increase its economic growth. National insurance is a tax on jobs that punishes owners and workers alike. It [...]
ARE ARM’S RESULTS AS YOU HAD EXPECTED? April 24, 2012 JONATHAN JACKSON KILLIK & CO Processor royalties were impacted by the industry-wide issues of slower HDD sales in the fourth quarter of last year following supply chain disruptions caused by flooding in Thailand. Management expect revenue for 2012 to be in line with consensus as shipments recover over the course of the year. PAUL MORLAND [...]
Aquascutum sold to YGM May 10, 2012 YGM Trading yesterday agreed to buy Aquascutum, the failed luxury clothes maker that has dressed royalty and politicians, for £15m. YGM, which had been in talks for weeks, already owns the brand in Asia. The deal preserves 100 jobs in the UK, the buyer said in a statement.
Aquascutum sold to YGM May 10, 2012 YGM Trading yesterday agreed to buy Aquascutum, the failed luxury clothes maker that has dressed royalty and politicians, for £15m. YGM, which had been in talks for weeks, already owns the brand in Asia. The deal preserves 100 jobs in the UK, the buyer said in a statement.
Imagination sinks on Apple reliance fears June 19, 2012 IMAGINATION Technology, the chip designer, yesterday reported a 30 per cent jump in full year revenues to £127.5m. But its shares plunged as much as 10 per cent on fears that the London-listed company leans too strongly on its business from Apple. Analysts doubted whether Imagination has a large enough range of clients to hit [...]
Even sceptics must now embrace the greatest show on earth July 26, 2012 IT’S TIME for a confession: I haven’t always been the Olympics’ greatest fan. I still dislike the Zil lanes, the disruption to business, the restrictions on free speech, the closure of parks and facilities, the immense cost to taxpayers. But it’s time to move on. Even I am now feeling really excited about the Games [...]
BEST of the BROKERS April 25, 2012 ARM HOLDINGS Investec maintains its “buy” rating on the microchip maker because of good long-term prospects. The target price is static at 800p, due to the last quarter’s “uneventful” results and no catalysts on the horizon. Costs were slightly higher than expected, and foreign exchange movements have prompted a modest forecast cut for the full [...]