Profits slide at News Corp May 4, 2011 RUPERT Murdoch’s News Corp revealed a 24 per cent fall in profits last night, weighed down by weakness at its film and publishing units. The media conglomerate saw third-quarter operating income drop to $1bn (£605m), down from $1.25bn a year earlier. A legal charge for $125m hit its publishing division, while faltering advertising revenues at [...]
CVC invests $269m in First Media March 22, 2011 Private equity firm CVC will invest $269m (£164m) in the cable TV and internet business of Indonesia’s First Media. First Media, controlled by the Lippo Group, said CVC will get a 49 per cent stake in Link Net, a unit that provides high-speed internet, cable pay TV and data communication services. The deal marks the [...]
Osborne hit by data leak row May 26, 2011 SENSITIVE data leaked by the Treasury could have fallen into “the wrong hands” and been used to profit off the markets, the head of the UK’s statistics office said yesterday in a scathing letter to the chancellor George Osborne. The Treasury has sent confidential inflation data to around 400 recipients prior to its official release [...]
Osborne hit by data leak row May 26, 2011 SENSITIVE data leaked by the Treasury could have fallen into “the wrong hands” and been used to profit off the markets, the head of the UK’s statistics office said yesterday in a scathing letter to the chancellor George Osborne. The Treasury has sent confidential inflation data to around 400 recipients prior to its official release [...]
Athletes step it up on the road to 2012 July 26, 2011 Jenny Meadows, Britain’s leading hope in the 800m, tells Frank Dalleres about nerves, pressure and giving up chocolate for her last Olympics Q. HOW DOES IT FEEL THAT THERE ARE JUST 12 MONTHS TO GO? A. It sparks off a lot of emotions and adrenaline. I’ve got a split personality: if I’ve just done a [...]
Athletes step it up on the road to 2012 July 26, 2011 Jenny Meadows, Britain’s leading hope in the 800m, tells Frank Dalleres about nerves, pressure and giving up chocolate for her last Olympics Q. HOW DOES IT FEEL THAT THERE ARE JUST 12 MONTHS TO GO? A. It sparks off a lot of emotions and adrenaline. I’ve got a split personality: if I’ve just done a [...]
FSA GIVES GREEN LIGHT TO TWITTER HEDGE FUND May 9, 2011 GOOD news for Paul and Simon Hawtin, the brains behind the world’s first social media-based hedge fund, after the FSA yesterday gave the venture the green light to open for business. The approval for the fund, a spin-off of Derwent Capital that will monitor sentiment threads on Twitter to predict swings in the Dow Jones [...]
FSA GIVES GREEN LIGHT TO TWITTER HEDGE FUND May 9, 2011 GOOD news for Paul and Simon Hawtin, the brains behind the world’s first social media-based hedge fund, after the FSA yesterday gave the venture the green light to open for business. The approval for the fund, a spin-off of Derwent Capital that will monitor sentiment threads on Twitter to predict swings in the Dow Jones [...]
Westwood and Garcia look the best bets to taste success at St. George’s July 12, 2011 THE OPEN CHAMPIONSHIP TOMORROW – From 9am, BBC Two IF you’re thinking of heading to the Kent countryside for a relaxing break this weekend, forget it. You’ll struggle to find a room anywhere in Garden of England as from Thursday, the small port town of Sandwich — population 6,800 — plays host to the 140th [...]
Westwood and Garcia look the best bets to taste success at St. George’s July 12, 2011 THE OPEN CHAMPIONSHIP TOMORROW – From 9am, BBC Two IF you’re thinking of heading to the Kent countryside for a relaxing break this weekend, forget it. You’ll struggle to find a room anywhere in Garden of England as from Thursday, the small port town of Sandwich — population 6,800 — plays host to the 140th [...]