Mowlem admits takeover approach November 1, 2005 Mowlem, the construction group chosen to build a new stand at Twickenham, is the latest company to be at the centre of takeover talks. The Middlesex-based company, which has added support services to its remit, admitted yesterday it had received an approach for the business, although it declined to reveal the identity of its suitor. [...]
Oil giants compete for Bengal find October 17, 2005 Three of the world’s biggest oil companies – BP, Chevron and ExxonMobil – are fighting it out for a new natural gas find in India’s Bay of Bengal, according to news agency reports late last night. British oil giant BP and America’s Chevron and ExxonMobil are said to be talks with India’s largest private sector [...]
More upheavals at Highbury House October 19, 2005 Mike Frey has left troubled magazine publisher Highbury House Communications just 18 days after his appointment as chief operating officer. In a brief statement yesterday the company, headed by former Sun editor Kelvin MacKenzie, said Frey, who had at one stage been due to take over as chief executive, had “left the company by mutual [...]
The art of business October 24, 2005 With corporate curators taking more risks in their purchasing policy, staff around the City are being exposed to more cutting edge art than ever before. An excitable group of schoolboys snakes along one of the corridors of Deutsche Bank’s Winchester House offices in the heart of the City. They bob around a lithograph of a [...]
Doing business out of the Third World November 1, 2005 Salman Rahman had to fight corruption, nationalisation and a cripplingly poor infrastructure as he established Beximco in his native Bangladesh. What do you do if you want a fax machine for your office? You get 113 signatures from various government departments, and permission from the security service. Sound absurd? That’s how it was in Bangladesh [...]
How the Queen’s Dressmaker got its cutting edge back October 25, 2005 When Timothy Maltin was just 27 he became the managing director of a national institution. Five years ago, Timothy Maltin went to work in tracksuit bottoms and a green Pilgrim Services sweatshirt top. Just the job when you’re running a grave tending business. But these days Maltin is chairman and chief executive of Hardy Amies, [...]