After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
CITY MOVES | WHO’S SWITCHING JOBS September 19, 2010 DTZ The property advisory group has appointed Hugh Radford as head of UK retail – a division whose clients include the Crown Estate, Land Securities, Hermes, Aviva and Henderson. It is also currently leasing Westfield’s newest shopping centre development at Stratford. Radford has been a director at DTZ since 2007, when the firm acquired retail [...]
Brit recommends CVC and Apollo bid September 19, 2010 BRIT Insurance has recommended shareholders accept an £850m offer after buyout firm CVC Capital Partners on Friday agreed to link up with original bidder Apollo Management. Lloyd’s of London insurers, which offer cover against large-scale risks such as natural disasters, have emerged as potential takeover targets because cyclically low insurance prices have weighed heavily on [...]
Public called on to nominate Britain’s best financial boss September 19, 2010 MEMBERS of the public have been urged to join financial services professionals as the search for the country’s best financial services boss begins today. The 2010 OStCaR – Outstanding Service to Compliance and Regulation – Awards are designed to promote best practice in the financial services sector, reward excellence and help reduce the likelihood of [...]
BEST OF THE BROKERS September 19, 2010 BLUEBAY Singer Research rates the asset manager a “buy” with an upgraded target price of 400p. The broker sees a second leg of growth available in the emerging markets, and views performance in this region as already ahead of rivals. Overall operating margins should improve from 36 per cent to 40 per cent this year. [...]
REMEMBERING THE FEW September 19, 2010 PRIME MINISTER David Cameron, Prince William and dignitaries watch a Spitfire flyby during the National Commemorative Service for the 70th Anniversary of the Battle of Britain at Westminster Abbey yesterday.
The Co-op boss who is on a mission to rejuvenate an iconic organisation September 19, 2010 IT IS EASY to see why Co-operative Group chief executive Peter Marks is so excited about the new £180m head office that will open on a 20-acre site in the centre of Manchester in 2012. The current 1960s 13-storey building across the road seems to be made almost entirely of linoleum and plywood. I have [...]
JCB CHAIR TAKES THE HONOURS AT GOODWOOD September 19, 2010 TO SUSSEX yesterday for the final day of the Goodwood Revival classic car festival, where a raft of senior figures from the City were slogging it out against each other on the track in the most prestigious race of the weekend – the Royal Automobile Club TT race. The race – a one-hour, two-driver challenge [...]
BILL OF THE WEEK September 19, 2010 IT WAS quite the night for celebrating on Thursday, when these six guests turned up to watch the aerial performers and fire-eating ballet dancers at Circus in the West End. Our diners started with cocktails, including two of the bar’s new £700 luxury punches – the “Millionaire” and the “VIPP”, each filled with a bottle [...]
KNOC buys stake in Dana September 17, 2010 State-run Korea National Oil Company said it had bought a 29.5 per cent stake in Dana Petroleum, bringing it a step nearer to success in its hostile bid for the UK-listed oil and gas explorer. KNOC said on Friday that it had bought 27.3m. Dana shares at 1,800 pence each, the price of its declared [...]
Johnson & Johnson in £1.46bn bid for Crucell September 17, 2010 US health care company Johnson & Johnson, looking to catapult itself into the global vaccine market, is in talks to pay 1.75bn euros (£1.46bn) to buy Dutch biotech Crucell. J&J, which already owns a 17.9 per cent stake in vaccine maker Crucell, said its potential cash offer valued Crucell shares at 24.75 euros, a 58 [...]