DUBAI luxury real estate developer Damac – which is building the Trump Estates that has interiors designed by Ivanka Trump – tripled its 2013 net profit and plans more new projects this year, it said yesterday.
MONEYSUPERMARKET has made its investors richer after strong trading in the last year.
Revenues rose 10 per cent to £225.6m while earnings jumped 26 per cent to £84m. Profits after tax were up 40 per cent to £34.7m.
Sports rights group Perform revealed a three per cent drop in 2013 earnings yesterday, despite revenue climbing 37 per cent to £208m. Earnings before interest, tax, depreciation and amortisation (Ebitda) slipped to £36.4m.
The law firm has announced the appointment of Ruth Connorton as a commercial contracts partner. She specialises in non-contentious procurement matters. Connorton joins from Eversheds, where she was head of procurement law.
THE UK’S top share index rebounded from two-week lows yesterday, recouping its losses in the previous session, with the perception that tensions between Russia and Ukraine were easing and robust earnings boosting investors’ risk appetite.
US STOCKS rallied yesterday, with the S&P 500 closing at a record as concerns about a confrontation between Russia and Ukraine eased, and the market recovered more than all of the previous session's hefty losses.
The true scale of British banks’ world-dominating ambitions in the boom years and devastating collapse in the crisis is still only now becoming clear – the latest figures show the big four banks have cut 200,000 jobs since the credit crunch struck
London doesn’t make the top 10 in the Economist Intelligence Unit’s latest assessment of the world’s most expensive cities (which may be a surprise to anyone who’s trying to buy a house): Singapore, Pari
MORALITY and foreign policy make uneasy bedfellows. In 1997, when Tony Blair called for an ethical foreign policy, the country cheered; 17 years later, any politician calling for such idealism would be laughed out of town.
UKRAINE’S Prime Minister yesterday promised that his government will meet all the requirements of the International Monetary Fund (IMF) to get a loan, as a fact-finding team from the global lender arrives in Kiev.
TATE & Lyle, one of the original components of the FT 30, is on the verge of being demoted from the FTSE 100 as part of its quarterly reshuffle of the index, the London Stock Exchange (LSE) said yesterday.
AVERAGE household spending on energy increased by 55 per cent between 2002 and 2012, while usage dropped by 17 per cent over the period, according to data compiled by the Office for National Statistics (ONS).