After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Arriva talks with SNCF are finished March 7, 2010 ARRIVA has called off talks with SNCF, the French state railway group, over an equity tie-up with its transport unit Keolis. Arriva began preliminary talks over Keolis back in January. “No agreement was reached and all discussions have now ceased,” the group said. Arriva plans to increase its share of the Europe bus and rail [...]
ALICE FINDS BOX OFFICE WONDERLAND March 7, 2010 ALICE in Wonderland held the golden key to box office receipts, smashing multiple records during its first weekend of worldwide, and easily surpassed the opening stand of all-time champ “Avatar” in North America, distributor Walt Disney said yesterday. Director Tim Burton’s 3D update of the Lewis Carroll tale sold $210.3m (£139m) worth of tickets worldwide [...]
Fujitsu resignation dispute March 7, 2010 Fujitsu, Japan’s largest IT services firm, has revealed it dismissed adviser Kuniaki Nozoe amid a dispute over the circumstances that led to his abrupt resignation as president last year. Fujitsu also said in a statement that the main reason for Nozoe stepping down as president in September was not illness, as was stated at the [...]
Andrew Jones to list new firm March 7, 2010 Former British Land retail boss and board director Andrew Jones is planning to list new property company Metric Property on the London Stock Exchange with an estimated fundraising of more than £150m.
Oscars axed for Cablevision March 7, 2010 Disney yesterday cut ABC television stations from 3m Cablevision customers in New York in a disagreement over fees paid to Disney by Cablevision. The dispute meant Cablevision customers could not see Disney’s exclusive broadcasting of the Academy Awards.
Reader’s Digest has keen suitors March 7, 2010 Reader’s Digest UK has attracted almost 100 potential buyers since going into administration last month. Accountants Moore Stephens have set a mid-week deadline for offers for the 72-year-old British edition. The magazine, once the country’s best-read, went out of business after the American parent company said it could no longer support it.
Biffa in £350m power unit sale March 7, 2010 Waste Management group Biffa is selling its electricity and landfill gas business for £350m as part of a shift in strategy. Biffa, hit by 20 per cent drop in commercial waste volumes, is expected to use the proceeds of the sale to finance the construction of new high-tech plants across the UK.
Election fears continue to weigh on sterling March 7, 2010 I WAS reading the news the other day and a headline caught my eye: “The Pound Plummets”. I couldn’t help but feel that it is too early to use “plummets” in this context. Since the beginning of this year, the pound is down around seven per cent against the dollar, but we have been quick [...]
IoD calls for urgent deficit action March 7, 2010 The Institute of Directors has called for the next government to act immediately to address the budget deficit, despite concerns over the effect of fiscal tightening on a budding economic recovery. IoD director general Miles Templeman said: “The argument that early cuts will jeopardise the recovery is mistaken…Lower spending will trigger a series of positive [...]
Pension owners still confident March 7, 2010 One third of people working in the UK believe their pension will give them enough money to retire on, according to recent research by the National Association of Pension Funds. Results found 27 per cent said they would be confident in pension saving if they were sure they would not lose any money, while 44 [...]