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Monday 24 January 2011
PERMIRA and Axa Private Equity are planning to make a joint €500m (£425.5m) bid for Opodo tomorrow, as they seek to compete against US internet travel giants Expedia and Orbitz.
Monday 24 January 2011
PORTUGUESE President Anibal Cavaco Silva won a second term in an election yesterday, television exit polls showed, a result that should ensure short-term political stability as the cash-strapped government fights to avoid an international financia
Monday 24 January 2011
BONUSES received by tax officials will be curbed in line with the rest of the public sector, following revelations that top HMRC staff received a bumper £13m bonus payment between them last year.
Monday 24 January 2011
GREECE’S central banker said yesterday that talk of debt restructuring is hurting the country as it struggles to exit the fiscal crisis that has shaken the eurozone.
Monday 24 January 2011
Tens of thousands of Belgians took to the streets yesterday to shame political leaders who have failed to form a government more than seven months after an election and left the country at the mercy of financial markets.
Monday 24 January 2011
THE DEVELOPERS of One Hyde Park have tried to lead by example by snapping up two of the luxury flats in the complex in Knightsbridge, it emerged yesterday.
Monday 24 January 2011
THE head of Etihad Airways has written to Virgin Atlantic to express “top level interest” in taking over the airline, according to reports at the weekend.
Monday 24 January 2011
THE number of UK companies struggling to stay solvent jumped 20 per cent in the last quarter of 2010, data shows today.
Monday 24 January 2011
RENAULT chief executive Carlos Ghosn has revealed that alleged industrial espionage in the company’s electric cars programme centred on its business model rather than technology.
Monday 24 January 2011
GREENCORE is expected to sweeten its merger deal with Northern Foods this week in an attempt to best Boparan’s £342m cash takeover offer.
Monday 24 January 2011
BARCLAYS could completely overhaul the way it remunerates its top staff next month. Bob Diamond is considering paying a portion of bonus payments for his top 1,000 staff in contingent convertible bonds – known as Cocos.
Monday 24 January 2011
FINANCIAL services firms are set to make a strong reappearance at the World Economic Forum in Davos this week.
Monday 24 January 2011
THE coldest winter in 100 years may have contributed to a slowdown in economic growth in the three months to December, economists said ahead of official GDP figures released tomorrow.
Monday 24 January 2011
INFLATION expectations have soared to a record high this month, as rising prices add to the squeeze on household spending, a survey said today.
Monday 24 January 2011
GEORGE BUCKLEY | DEUTSCHE BANK
Monday 24 January 2011
OBERTHUR Technologies, the French group eyeing British banknote printer De La Rue, has joined forces with private equity firm Bain Capital to lift its bid.
Monday 24 January 2011
Consumers in most countries globally look set to keep a tight grip on spending in coming months as they worry about job security and rising inflation, according to a Nielsen Company survey released yesterday.
Monday 24 January 2011
Google will give a $100m (£62.5m) equity award to Eric Schmidt (right) as he hands over the chief executive officer job to co-founder Larry Page (left), and takes on the role of executive chairman.
Monday 24 January 2011
TALKS of a $2bn (£1.2bn) bid by outsourcing giant Serco for US spy firm SRA International were last night downplayed by the company.
Monday 24 January 2011
HALF of all equities traded in the UK last year were traded as contracts for difference (CFD), as investors looked to evade stamp duty.
Monday 24 January 2011
ASSOCIATED BRITISH FOODS
Monday 24 January 2011
Steel production in the UK shot up by 24.7 per cent last year, manufacturers’ group EEF said today. Like on like production soared to 9.4m tonnes in 2010 from 7.5m tonnes the previous year, they announced.
Monday 24 January 2011
A private equity group led by Apollo Global Management has submitted a takeover offer for Sara Lee, but an expected rival offer has not yet been made by Brazilian beef processor JBS, a source said over the weekend.
Monday 24 January 2011
High street fashion retailer Reiss predicts earnings from its UK stores will have risen by 40 per cent in its current financial year ending this week.
Monday 24 January 2011
UK companies should prepare for the Bribery Act now by establishing a “no-list” of hospitality gifts that have been turned down, say City advisers.
Monday 24 January 2011
Navigant
Monday 24 January 2011
Deal-makers who brave the uncertain market conditions to make multiple acquisitions are being rewarded, according to research by Cass Business School and Towers Watson.
Monday 24 January 2011
Talks between Riversdale Mining and China’s Wuhan Iron & Steel Corp over acquiring a state in the Zambeze coal project in Mozambique have been suspended while a takeover bid by Rio Tinto remains on the table, Riversdale said.
Monday 24 January 2011
Former Swiss banker Rudolf Elmer, who was found guilty of breaching bank secrecy laws over his transfer of client data to the online website Wikileaks, has been remanded in custody, reports said yesterday.
Monday 24 January 2011
GLOBALISATION must be promoted by business and governments as “a positive force for economic and social good,” an influential report said today.
Monday 24 January 2011
JOHN Lovering is set to step down as chairman of the pubs group Mitchells & Butlers this week, a year after taking over following an investor-led board battle.
Monday 24 January 2011
INDUSTRIAL and Commercial Bank of China, the world’s top lender by market value, will pay about $140m (£87.5m) for 80 per cent of Bank of East Asia’s US unit, the two companies said yesterday.
Monday 24 January 2011
Natalie Portman pulled in US moviegoers over the weekend, with new release No Strings Attached joining Black Swan in the top ten films at the North American box office between 21-23 January.
Monday 24 January 2011
It is easy to see why the chairman of the National Association of Pension Funds (NAPF) looks more relaxed these days – this coalition government is less keen on beating shareholders over the head.
Monday 24 January 2011
BUSINESS travellers take items worth nearly £1,500 in their airplane carry-on bags, according to a survey. The research found that business people typically take 12 items, including essentials like toothbrushes and a shirt.
Monday 24 January 2011
The government has made clear that its top priority for 2011 is to drive forward growth in the UK economy and to ensure this growth is spread across the country and across a variety of sectors.
Monday 24 January 2011
Spain's Telefonica and Chinese mobile operator China Unicom will deepen their strategic alliance by buying an additional $500m (£312.5m) stake in each other.
Monday 24 January 2011
AFTER being surrounded by the latest in 3D technology for a week at the Consumer Electronics Show in Las Vegas, the sight of two-dimensional images – a video of a puppy playing, for example, or a photograph of a friend’s newborn baby – now makes
Friday 21 January 2011
ENERGY stocks led the FTSE into a rebound today following the sharp sell-offs seen in the past two days’ sessions. The FTSE 100 closed up 28.34 points, or 0.5 per cent, at 5,896.25, having hit a five-week closing low on Thursday.
Friday 21 January 2011
NORTHERN Foods has agreed to be taken over by businessman Ranjit Boparan in a deal worth 73p per share in cash, valuing the maker of Goodfella's Pizza and Fox's biscuits at £342m.
Friday 21 January 2011
Emerging markets bank Standard Chartered has said it will continue hiring aggressively in Asia as it believes growth in the region will outpace that of the rest of the world.
Friday 21 January 2011
Infrastructure and engineering firm GE has reported a net profit of $4.5bn (£2.8bn) in the fourth quarter of last year, up 52 per cent from $2.9bn in the same period in 2009.
Friday 21 January 2011
Business travellers takes items worth nearly £1,500 in their airplane carry-on bags, according to a survey. The research found that business people typically take 12 items, including essentials like toothbrushes and a shirt.
Friday 21 January 2011
Bank of America, the largest US bank by assets, reported a second straight quarterly loss, driven by a $2bn (£1.25bn) writedown of its mortgage business.
Friday 21 January 2011
The prime minister's communications chief Andy Coulson has resigned. Coulson has faced pressure after revelations about phone hacking by News of the World journalists while he was editor of the newspaper.
Friday 21 January 2011
Royal Bank of Scotland and the Treasury are in talks over RBS's possible early exit from the government asset protection scheme that insures the bank's riskiest assets, an industry source said.
Friday 21 January 2011
Retail sales in December were hit by the dire weather – with no year-on-year growth for the first time since 1991. The volume of retail sales was unchanged from the previous year, the Office for National Statistics said.
Friday 21 January 2011
Sales growth at department store chain John Lewis slowed dramatically last week as consumers tightened their belts after spending freely in the post-Christmas sales.
Friday 21 January 2011
Mulberry has seen profits rise as the luxury goods sector continues to bounce back. Pre-tax profit was £4.7m in the six months to 30 September, compared with £1.5m a year earlier.
Friday 21 January 2011
Financial services group Close Brothers said it was confident of posting solid results for 2011, with growth in its main banking arm offsetting slight losses at its asset management unit.

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