After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
CryptoLogic in deal with Betsson March 8, 2010 CryptoLogic, a global developer of branded online betting games and internet casino software, has signed a three-year agreement to license at least nine of its most popular online betting games to Betsson Malta, an e-gaming operator listed in Stockholm. Most of the games will go live later this year.
Toyota predicts US recovery March 8, 2010 Toyota’s president said yesterday he believed that sales in North America could recover in March after a sharp decline last month when the carmaker suspended sales of some recalled models.“I think it’s possible [for sales to recover],” Akio Toyoda told reporters after a meeting with Japanese Prime Minister Yukio Hatoyama. “We are taking steps simultaneously [...]
AMBITIOUS SQUARE MILE LADIES APPOINT THEIR NEW AMBASSADOR March 8, 2010 MUCH has been made of the significance of today – International Women’s Day – for ladies in the City, so it seems fitting that the appointment of the latest high-flying president of the City Women’s Network (CWN) has been timed to coincide with the festivities. India Gary-Martin, the new president, is one of the best-known [...]
Insurer Chaucer back in the black March 8, 2010 LLOYDS of London insurer Chaucer moved back into the black last year and has tipped the current year as a positive one for growth. The company announced a pre-tax profit of £42m for 2009 – a turnaround after a loss of £26.2m in 2008. Chairman Martin Gilbert said: “We are optimistic for 2010 believing that [...]
BILL OF THE WEEK March 8, 2010 OFF to Froggy favourite Papillon in Chelsea for a slap-up dinner à trois. Our diners feasted on scallops, foie gras, succulent fish, fillet of beef and a decadent chocolate pudding, washed down with a selection of the house’s finest spirits and wine. They began with classic gin and tonics, before moving on to a bottle of [...]
Bovis moves back into profit March 8, 2010 HOUSEBUILDER Bovis is steaming ahead with plans to invest in new land after returning to profit in 2009. The FTSE 250 group says it has restarted its land acquisition scheme with four sites with planning consent snapped up in the fourth quarter of 2009 and terms agreed on another 15. It had £122m net cash [...]
Stagecoach sees revenues drive forward March 8, 2010 STAGECOACH revenues from fares at its rail businesses grew last year despite the recession. Like-for-like revenues at the transport company’s British rail services were up 2.1 per cent in the 40 weeks to 7 February. Meanwhile Virgin Rail, in which it owns a 49 per cent stake, achieved sales growth of 8.8 per cent. The [...]
Shell and PetroChina in £2bn bid for Arrow March 8, 2010 ROYAL Dutch Shell and PetroChina are making a joint $2.96bn (£1.95bn) takeover bid for Australian liquefied natural gas (LNS) group Arrow Energy. Shell said in a statement: Royal Dutch Shell confirmed that it is participating in discussions to acquire Arrow Energy. Arrow said it had received a “non-binding indicative and conditional” proposal. The company has [...]
Prudential to speed up Hong Kong listing March 8, 2010 PRUDENTIAL has said it will accelerate plans to list its shares in Hong Kong to allow Asian investors to take part in its $21 (£13.8bn) rights issue to help fund the acquisition of AIG Asia. The company wants to achieve the dual listing in London and Hong Kong to be triggered before the rights issue. [...]
Europe set to wage war on speculators March 7, 2010 THE EUROZONE is preparing a crackdown on London-based market speculators that “abuse” credit default swaps, Greek Prime Minister George Papandreou said yesterday after talks with the French president. Speaking after a meeting with President Nicolas Sarkozy, Papandreou said that France, Germany and Eurogroup chairman Jean-Claude Juncker would unveil new measures to tackle speculators within the [...]