How World Cup 2018 bid works November 30, 2010 Tomorrow England will learn whether years of lobbying and some late schmoozing have paid off Q&A Q. How is the bidding contest decided? A.By a vote among the executive committee (ExCo) of world governing body Fifa, in Zurich tomorrow. Q. How does the vote work? A.The 23 ExCo members cast their votes in a secret [...]
How World Cup 2018 bid works November 30, 2010 Tomorrow England will learn whether years of lobbying and some late schmoozing have paid off Q&A Q. How is the bidding contest decided? A.By a vote among the executive committee (ExCo) of world governing body Fifa, in Zurich tomorrow. Q. How does the vote work? A.The 23 ExCo members cast their votes in a secret [...]
Cameron dodges corruption storm on 2018 bid mission November 30, 2010 PRIME MINISTER David Cameron last night brushed off the furore surrounding Panorama’s allegations and pledged to do his utmost to ensure England win the vote to host the 2018 World Cup. Cameron arrived in Zurich yesterday ahead of tomorrow’s decisive ballot and is one of three big names, which also include Prince William and David [...]
Cameron dodges corruption storm on 2018 bid mission November 30, 2010 PRIME MINISTER David Cameron last night brushed off the furore surrounding Panorama’s allegations and pledged to do his utmost to ensure England win the vote to host the 2018 World Cup. Cameron arrived in Zurich yesterday ahead of tomorrow’s decisive ballot and is one of three big names, which also include Prince William and David [...]
ABB to buy Baldor Electric for $3.1bn November 30, 2010 SWISS engineering group ABB is to buy US industrial motors firm Baldor Electric Co for $3.1bn (£2bn) plus debt of $1.1bn. The move is aimed at closing a gap in ABB’s automation portfolio and boosting its presence in north America. The agreed purchase price of $63.50 a share represents a 41 per cent premium to [...]
ABB to buy Baldor Electric for $3.1bn November 30, 2010 SWISS engineering group ABB is to buy US industrial motors firm Baldor Electric Co for $3.1bn (£2bn) plus debt of $1.1bn. The move is aimed at closing a gap in ABB’s automation portfolio and boosting its presence in north America. The agreed purchase price of $63.50 a share represents a 41 per cent premium to [...]
Apprentices not just for sorcerers and Sugar November 28, 2010 THINK you know what an apprentice is? A working class youth in oily blue overalls with a spanner in his hands? The super self-confident types given missions impossible by Alan Sugar? Or Disney’s accident-prone mop-splitting sorcerer’s apprentice? Think again. We don’t often see apprentices in London, and more rarely still in the glittering spires of [...]
Zurich looking to Dublin for £35bn life unit November 14, 2010 ZURICH insurance is considering moving its £35bn UK life business to Dublin under a plan that would mirror the move of its general insurance business across the Irish Sea last year. The insurer has set up its European headquarters in Dublin and is looking at ways to streamline its legal and capital structure. It moved [...]
Buy a slice of one of Europe’s best cultural hotspots November 4, 2010 SURE, lounging by the pool with a row of Cyprus trees and a bottle of rosé as company sounds like a good use of a second home. But such indolence may not be everyone’s idea of a perfect escape. And in winter, even that Provencal farmhouse or Tuscan villa will become frosty. The perfect alternative, [...]
The expat life: a tale of two Swiss cities November 4, 2010 CLEAN, efficient, low taxes and great skiing – Switzerland is quite frankly fantastic. Far from being somewhere you are exiled, it’s the sort of place that you should be begging to be sent. And it could happen to you sooner than you think: punitive taxes in the UK have already forced Brevan Howard amongst other [...]