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Friday 18 July 2014
MICROSOFT chief executive Satya Nadella kick-started one of the largest round of layoffs in tech history yesterday when he announced the software giant would shed 18,000 jobs, a move supported by investors as Microsoft’s stock reached a 14-year hi
Friday 18 July 2014
DAVID Cameron has promised new measures to block strikes that don’t have the support of at least 50 per cent of the workforce.
Friday 18 July 2014
  The UK government yesterday said it would guarantee a £230m loan for Grangemouth oil refinery in Scotland, reaffirming its support for the region ahead of September’s referendum.  
Friday 18 July 2014
ENERGY giant SSE yesterday revealed that it lost 110,000 customers in the last quarter, despite freezing its prices.
Friday 18 July 2014
GULF Keystone Petroleum’s chief executive and founder Todd Kozel has said he will step down from the board, heading off a rumoured shareholder revolt at the oil explorer’s annual meeting yesterday.
Adam Crozier
Friday 18 July 2014
  Liberty Global, the owner of large swathes of European cable TV infrastructure including Virgin Media, yesterday bought a 6.4 per cent stake in ITV from BSkyB for £481m.  
Friday 18 July 2014
Speculation is rife that ITV could be up for grabs, following Liberty’s purchase of a stake in the independent British broadcaster.
Game of Thrones cast
Friday 18 July 2014
Time Warner’s shares rose 3.6 per cent yesterday following news on Wednesday that Rupert Murdoch’s 21st Century Fox had made an unsuccessful $80bn offer for the firm last month.
Friday 18 July 2014
ENTERTAINMENT One yesterday announced that it had purchased Canadian unscripted TV firm Paperny Entertainment for C$29.2m (£15.9m).
Friday 18 July 2014
CHINESE web giant Alibaba will reportedly begin its investor roadshow in September just ahead of a New York listing that could value the firm at $200bn (£117bn).
Friday 18 July 2014
INVESTMENT bank Morgan Stanley more than doubled its profits as stock markets soared and clients sent more work the bank’s way, it said yesterday.
Friday 18 July 2014
I was sitting with an investment banker from one of the City’s bulge bracket banks yesterday who was describing the performance of London’s new issues this year as “broadly positive”. Of course, this statement is true, as far as it goes.
IBM's 'Watson' computing system
Friday 18 July 2014
IBM reported higher-than-expected quarterly revenue and profits last night, as it pressed ahead with its shift to higher-end businesses such as big data, cloud computing, and security and mobile services.
Friday 18 July 2014
Google's business chief will be leaving the company, in the latest high-ranking departure at the search giant, as the firm beat second quarter revenue expectations.
Barbie dolls
Friday 18 July 2014
The world’s largest toymaker Mattel reported its third straight fall in quarterly revenue yesterday as sales of its iconic Barbie doll declined the most since mid-2009.
Friday 18 July 2014
SPORTS DIRECT said yesterday that it had held “encouraging talks” with Adidas, after the iconic German sportswear brand refused to provide it with key kit for the teams it sponsored at the World Cup.
Mylene Klass
Friday 18 July 2014
Shares in Mothercare slumped 8.7 per cent yesterday after the baby product group’s new boss warned that it was in need of an overhaul to compete with rivals.
Friday 18 July 2014
LLOYDS is unlikely to have to compensate customers for sending letters from an in-house law firm, it emerged yesterday.
Friday 18 July 2014
PRIVATE equity firm 3i yesterday announced the appointment of Caroline Banszky as a non-executive director. She took up the post after yesterday’s annual general meeting.
Friday 18 July 2014
STRUGGLING broker Tullett Prebon yesterday confirmed that ex-Lehman executive John Phizackerley will take over the reins of the group from dep­arting boss Terry Smith.
Friday 18 July 2014
QUANTITATIVE easing (QE) would have a less dramatic effect in the Eurozone than in the UK, according to research out yesterday, as a senior European official signalled that the policy may not be pursued at all.
Friday 18 July 2014
Hiking interest rates to just 1.5 per cent would drive tens of thousands of companies to the wall, insolvency practitioner Begbies Traynor warned yesterday.
Friday 18 July 2014
MORE than one in 10 retired households have assets worth more than £1m, according to figures published by Prudential today.
Friday 18 July 2014
HAILO yesterday announced its taxi app would be integrated into Citymapper, the travel app for Android and iOS. Users will now be able to book and pay for Hailo’s fleet of 14,000 black cabs using Citymapper.
Friday 18 July 2014
VENTURE capital firm Balderton Capital yesterday announced it would invest £3.8m in UK crowd­funding firm Crowdcube as part of its £5m Series B round of funding.
Friday 18 July 2014
Brokers upgraded their advice on ice cream and cold drinks to “buy” yesterday as temperatures in London hit 29⁰C.
Friday 18 July 2014
OUTSOURCING firm G4S yesterday announced that it had agreed to sell its business in Sweden to European security company Sector Alarm, for a total of 438m Swedish Krona (£37.4m).
taxis
Friday 18 July 2014
Uber launched its service in Hong Kong yesterday, as the mobile app for hailing private hire cars continued its fast global expansion to cover 150 cities in 41 countries.
Friday 18 July 2014
CONSTRUCTION output in the Eurozone dipped during May, according to new official figures – the worst drop in nearly a year and a half.
Friday 18 July 2014
Keystone Law
Friday 18 July 2014
To appear in Best of the Brokers, email your research to notes@cityam.com
Friday 18 July 2014
BRITISH airline shares fell sharply yesterday on news that a Malay­sian Airline Boeing 777 had been shot down over eastern Ukraine.
Friday 18 July 2014
Rising geopolitical risks sparked by a downed Malaysia Airlines jet over Ukraine and an Israeli ground offensive in the Gaza strip yesterday dragged down American markets.
Flight MH17
Thursday 17 July 2014
Several airlines have now confirmed that they are avoiding Ukrainian airspace after a Malaysian Airlines jet crashed in eastern Ukraine. Flight MH17 came down near the Russian border, in the Donetsk region of Ukraine, earlier today.
Thursday 17 July 2014
Traders have reacted to news that a Malaysian Airlines plane has crashed in eastern Ukraine by selling off stocks, especially of airlines.
Flightrader24 map
Thursday 17 July 2014
MH17, the plane which went down over eastern Ukraine near the Russian border, can be seen on the map below in its last transmitted location.
MH17 wreckage
Thursday 17 July 2014
A plane belonging to Malaysian Airlines has gone down over eastern Ukraine, near the Russian border.
Comcast CEO on stage in front of logo
Thursday 17 July 2014
A business which makes its money from the internet might be expected to understand how the internet works - specifically, that customers like to complain on social. Not Comcast, apparently.
Thursday 17 July 2014
When Airbnb launched its rebranded logo in San Francisco last night, it knew it would get a fair bit of attention but it couldn’t have anticipated that the new logo would be trending at number one on Twitter for eight hours.  
Tidal lagoon
Thursday 17 July 2014
The development of tidal lagoons as a source of electricity could bring significant economic benefits to the UK.   
Heron Tower
Thursday 17 July 2014
The City of London has decided to delay a controversial vote over whether to grant the Heron Tower permission to rename itself after its biggest tenant Salesforce, in a new twist to the saga.
Morgan Stanley
Thursday 17 July 2014
Morgan Stanley has beaten both analyst expectations and its main competitors as its second quarter results showed a huge surge in profits - 132 per cent - compared to the same period last year.
David Cameron and Jean-Claude Juncker
Thursday 17 July 2014
They tried to put their differences behind them - David Cameron insisted they could work together after saying rather
Satya nadella, Microsoft boss
Thursday 17 July 2014
Microsoft is cutting a whopping 18,000 staff including 40 per cent of Nokia’s workforce after it acquired the Finnish firms device business earlier this year.
BT office with logo
Thursday 17 July 2014
BT is ambitiously launching itself back into the competitive mobile market with its One Phone mobile business service after escaping more than a decade ago when it sold off O2.
van Gaal tulip portrait
Thursday 17 July 2014
Bookmakers William Hill took a novel approaching to welcome Dutch legend Louis van Gaal to the Premier League. 
eurozone
Thursday 17 July 2014
The European Central Bank (ECB) will give Eurozone lenders just two weeks to come up with plans to deal with any capital shortfalls after it completes a review of the currency union's most important banks this autumn.
Restaurant review
Thursday 17 July 2014
A food blogger has been fined after her searing review of a French restaurant ranked too highly in Google search results.  
Cambridge
Thursday 17 July 2014
Despite the talk of the London housing market overheating, it is Cambridge where houses are selling like hot cakes. 
Construction
Thursday 17 July 2014
This time it's construction.

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