FTSE slump continues as Germany digs in November 25, 2011 THE FTSE 100 continued to fall this morning as Germany’s refusal to agree to a common Eurozone bond to shore up the bloc’s finances further drained investor confidence. London’s blue chip index posted its ninth successive day of falls yesterday and has dropped 7.5 per cent in the period – the longest losing streak since [...]
Meccano-set towers: how London offices are evolving January 15, 2012 JE ne regrette rien. That is the message from Chris Grigg when we discuss his decision to quit banking in 2008 to take the reins at commercial property giant British Land. At the time, many in the City thought the former head of Barclays’ commercial bank was simply quitting one troubled industry for another; his [...]
Paddy Power exec to take Betfair reins November 6, 2011 BRIAN Corcoran, the chief operating officer at Paddy Power, is poised to take the reins at online betting exchange Paddy Power. Corcoran replaces David Yu following a five-month search that also considered internal candidates including chief financial officer Stephen Morana and independent non-executive director Ian Dyson. Corcoran, a graduate of Trinity College Dublin and Insead, [...]
Paddy Power exec to take Betfair reins November 6, 2011 BRIAN Corcoran, the chief operating officer at Paddy Power, is poised to take the reins at online betting exchange Paddy Power. Corcoran replaces David Yu following a five-month search that also considered internal candidates including chief financial officer Stephen Morana and independent non-executive director Ian Dyson. Corcoran, a graduate of Trinity College Dublin and Insead, [...]
Graff outlines plans for IPO in Hong Kong November 21, 2011 LONDON-based jeweller Graff hopes a planned Hong Kong IPO will bolster its position in a fast-changing diamond industry and give it financial clout to expand into Asian and other major cities, its 73-year-old founder and chairman said yesterday. The privately-held diamond and precious gems firm founded by Laurence Graff (pictured) in 1960 has found it [...]
Graff outlines plans for IPO in Hong Kong November 21, 2011 LONDON-based jeweller Graff hopes a planned Hong Kong IPO will bolster its position in a fast-changing diamond industry and give it financial clout to expand into Asian and other major cities, its 73-year-old founder and chairman said yesterday. The privately-held diamond and precious gems firm founded by Laurence Graff (pictured) in 1960 has found it [...]
A week full of stock results: what to watch October 10, 2011 TO say we live in interesting economic times would be an understatement. Confidence is low and money is tight. And retail stocks often show investor nerves more prominently than other markets. But it isn’t all bad news: volatility in the market can serve to make the life of the spread better more exciting. So with [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 12, 2011 FINANCIAL TIMES Evraz raises prospect of Severstal merger Evraz has raised the possibility of a merger with Severstal in a deal that would unite Russia’s two biggest steelmakers to create the world’s eighth-largest producer by output, with a combined market capitalisation of £12bn. Alexander Abramov, Evraz’s chairman and founder, said in an interview with the [...]
Britain must punch its weight within Europe November 20, 2011 THE political tensions and divided philosophies across Europe have once again returned to the spotlight, following David Cameron’s visit to Berlin last Friday. Strong language has been used on both sides of this debate, but understandably so, given the high stakes. Volker Kauder, of the Christian Democratic Union, made the provocative claim that “suddenly Europe [...]
Britain must punch its weight within Europe November 20, 2011 THE political tensions and divided philosophies across Europe have once again returned to the spotlight, following David Cameron’s visit to Berlin last Friday. Strong language has been used on both sides of this debate, but understandably so, given the high stakes. Volker Kauder, of the Christian Democratic Union, made the provocative claim that “suddenly Europe [...]