TD Waterhouse heads to Eire September 7, 2009 EXECUTION-only stockbroker TD Waterhouse will on Saturday launch an online equity trading service in Ireland in the latest step of its European expansion strategy. The broker plans to provide Irish investors with online trading services on both local and international equity markets, as well as delivery direct access to a number of international trading exchanges. [...]
TD Waterhouse heads to Eire September 7, 2009 EXECUTION-only stockbroker TD Waterhouse will on Saturday launch an online equity trading service in Ireland in the latest step of its European expansion strategy. The broker plans to provide Irish investors with online trading services on both local and international equity markets, as well as delivery direct access to a number of international trading exchanges. [...]
Tomkins set for further job cuts August 13, 2009 Engineering group Tomkins reported better-than-expected first-half adjusted operating profit yesterday and said deep cost cuts should help it through an uncertain business climate. The company said it would cut another 1,600 jobs by year-end after 3,900 cuts in the first half, and that it was on track to produce annual savings of $150m (£90.4m) by [...]
Este Lauder sales nose dive August 13, 2009 Beauty supplier Estée Lauder yesterday met analysts’ profit expectations despite a steep sales decline said the current quarter could be stronger than anticipated as it trims costs in a tough climate. Estée Lauder posted a net loss of $17.9m (£10.8m), for the fourth quarter ended 30 June, compared with a year-earlier profit of $120.2m. Sales [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 15, 2009 FINANCIAL TIMES STANFORD CASE PROMPTS LEGAL CROSS-BORDER CONUNDRUMSThe case against Sir Allen Stanford, the financier accused of operating a $7bn Ponzi scheme, has provoked thorny questions of cross-border jurisdiction and international co-operation. In the latest twist to a complex case, the Montreal Superior Court has decided to bestow control of the Stanford company’s Canadian assets [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 15, 2009 FINANCIAL TIMES STANFORD CASE PROMPTS LEGAL CROSS-BORDER CONUNDRUMSThe case against Sir Allen Stanford, the financier accused of operating a $7bn Ponzi scheme, has provoked thorny questions of cross-border jurisdiction and international co-operation. In the latest twist to a complex case, the Montreal Superior Court has decided to bestow control of the Stanford company’s Canadian assets [...]
Noble latest oil group to sell its assets September 13, 2009 NOBLE Energy, the US oil group, is pulling out of the North Sea, it is understood, as it auctions off its European arm. The sale, which has a price tag of $350m (£210m), follows a series of firms leaving the area as a slump in production and tax increases at the Treasury hit the sector. [...]
Expenses scandal latest blow for sterling October 12, 2009 IT was no coincidence that sterling fell yet again yesterday as the expenses scandal flared up once more. The revelation that Gordon Brown is having to reimburse £12,400 – and many other MPs from all parties will have to pay back some of their expenses – can mean only one thing: Britain’s political establishment is [...]
Expenses scandal latest blow for sterling October 12, 2009 IT was no coincidence that sterling fell yet again yesterday as the expenses scandal flared up once more. The revelation that Gordon Brown is having to reimburse £12,400 – and many other MPs from all parties will have to pay back some of their expenses – can mean only one thing: Britain’s political establishment is [...]
Job loss tally still rising as pay rate slips September 13, 2009 UNEMPLOYMENT is expected to show another sharp rise this week when official data is released on Wednesday, raising fears about consumer demand and the effect on the economic recovery. Economists expect the broader International Labour Organisation (ILO) measure of unemployment – which is seen as a truer picture of the state of the British labour [...]