CITY MOVES | WHO’S SWITCHING JOBS December 4, 2011 Tenemos The banking software provider has appointed former SAP executive Dr Bernd-Michael Rumpf as global head of the company’s customer services group, reporting to chief executive Guy Dubois. Bernd-Michael previously spent 12 years at SAP, where his executive roles included head of field services and support. Prior to that, he was chief executive of SAP [...]
McDonald’s earnings fail to impress markets January 24, 2011 FAST food giant McDonald’s served “slightly disappointing” fourth-quarter earnings after weaker-than-expected December sales in the US and Europe because of poor weather. Investors and analysts were unimpressed despite the restaurant chain reporting profit in line with expectations. The outlook for the chain was also clouded by its warning that it expects food costs to be [...]
Subway now bigger than McDonald’s March 8, 2011 SANDWICH group Subway has overtaken McDonald’s as the world’s largest restaurant chain, the company has said. Subway had 33,749 sites across the globe at the end of last year, compared with 32,737 for McDonald’s.In recent years, Subway has made a major push into international markets with its successful franchised business model, which emphasises small, low-cost [...]
Subway now bigger than McDonald’s March 8, 2011 SANDWICH group Subway has overtaken McDonald’s as the world’s largest restaurant chain, the company has said. Subway had 33,749 sites across the globe at the end of last year, compared with 32,737 for McDonald’s.In recent years, Subway has made a major push into international markets with its successful franchised business model, which emphasises small, low-cost [...]
Economically reckless tax championed September 28, 2011 THOUGH most ought to have ceased to be surprised by off-the-wall Eurozone policy announcements and scapegoating speeches, you can always rely on European ministers to pull something out of the bag. And yesterday, Jose Manuel Barroso, the European Commission president, did not disappoint. As the Eurozone quakes in its boots at the prospect of Greek [...]
Economically reckless tax championed September 28, 2011 THOUGH most ought to have ceased to be surprised by off-the-wall Eurozone policy announcements and scapegoating speeches, you can always rely on European ministers to pull something out of the bag. And yesterday, Jose Manuel Barroso, the European Commission president, did not disappoint. As the Eurozone quakes in its boots at the prospect of Greek [...]
GOLF RETURNS TO THE BOARDROOM AS CITY FIRM TEES UP TENANTS January 9, 2012 PLAYING golf in the office has gone the same way as four-hour lunches and six-figure bonuses in the austerity City. Or has it? Teeing up deals on the putting green will be business as usual at the new City offices run by serviced office provider Co-Work, which is looking for 101 tenants for its latest [...]
CITY MOVES | WHO’S SWITCHING JOBS September 16, 2011 BlackRock Amra Balic has joined the asset manager as the EMEA head of corporate governance and responsible investment. Balic joins BlackRock from Standard & Poor’s, where she was a director in European Corporate Credit Ratings, responsible for corporate governance into the credit ratings process. Prior to joining S&P’s Corporate Governance Services team in 2000, Balic [...]
CITY MOVES | WHO’S SWITCHING JOBS September 16, 2011 BlackRock Amra Balic has joined the asset manager as the EMEA head of corporate governance and responsible investment. Balic joins BlackRock from Standard & Poor’s, where she was a director in European Corporate Credit Ratings, responsible for corporate governance into the credit ratings process. Prior to joining S&P’s Corporate Governance Services team in 2000, Balic [...]
McDonald’s boosted by Europeans February 8, 2011 MCDONALD’S yesterday reported a stronger-than-expected sales rebound in January in Europe, its biggest market for revenue. Sales at restaurants in Europe open at least 13 months jumped seven per cent last month, well above the 3.7 per cent analysts had expected. This was also a significant improvement from December, when sales in Europe fell 0.5 [...]