Monitise signs 8m deal with Visa International June 30, 2009 SHARES in mobile banking and payments service provider Monitise lifted by 28 per cent to 6.75p yesterday, after it said that it had signed a five-year strategic agreement with Visa International worth $13m (£7.9m). Monitise said Visa International, the world’s largest retail electronic payments network, would also subscribe to a rights issue of 73.2m new [...]
CITY MOVES WHO’S SWITCHING JOBS June 30, 2009 TalkTalkThe broadband provider has appointed David Cooper as chief information officer. Cooper will be responsible for the firm’s IT systems and, in particular, will oversee the integration of those systems with Tiscali UK, which it acquired in May for £236m. He previously worked at BT during the 1980s and 1990s, and most recently spent seven [...]
Pfizer offers competition remedy June 30, 2009 US drugmaker Pfizer has offered remedies aimed at tackling concerns that its $68bn (£41bn) planned takeover of rival Wyeth may be anti-competitive, the European Commission said yesterday. The Commission, which polices competition in the 27-country European Union, said in a daily list of planned mergers under scrutiny that it had extended the deadline for its [...]
Roaming mobile bills cheaper June 30, 2009 Making a telephone call, sending a text message or reading emails on a mobile phone from across the European Union will cost less from today. The tariff cuts, which complete a European Union ruling from 2007, were proposed by the EU’s executive arm at the end of 2008 and won approval by the European Parliament [...]
Magna and Opel talks delayed June 30, 2009 Talks between Canadian auto parts supplier Magna and the European Opel dealership association, Euroda have been postponed by roughly two weeks to 22 July, Euroda Vice-Chairman Albert Still said yesterday. Still declined to comment on whether the delay to hold meetings over greater dealer influence in a future Magna-Opel group was due to a snag [...]
BEST OF THE BROKERS June 30, 2009 ARRIVAInvestec was disappointed by Arriva’s trading update, which showed a weakening in all areas of the business, especially the Cross Country rail franchise. The broker said that further deterioration in trading is likely to emerge in time and it expects to downgrade its estimates. Despite a poor share price performance, Investec remains cautious on the [...]
SAILORS IN FOR FRUGAL FESTIVITIES AT COWES June 30, 2009 THE emails are starting to come in thick and fast, peddling weird and wonderful offers for the annual Cowes week sailing regatta in August. Given the fact that a headline sponsor has yet to be found to replace Skandia, which pulled out last year, you get the distinct feeling that this year’s Cowes will be [...]
CITY EYE June 30, 2009 BALLET dancers put in some legwork at their last rehearsal before last night’s performance of Swan Lake, which was put on in the lavish interior of St Paul’s Cathedral as part of this year’s City of London festival – an extravaganza of free jazz and world music concerts, walks, talks, exhibitions, street-theatre and dance performances, [...]
The sun has come out to play, but not everyone is celebrating June 30, 2009 YESZOE STRIMPELPOOR weather gods. They just can’t win, not in Britain anyway. The age-old refrain on these isles – when other conversation dries up – is how crap the weather is. The rain, the cold, how England is so insufferably depressing it’s a miracle anybody still lives here when Spain is just an hour’s flight [...]
Baring too much skin at work is a risk June 30, 2009 DEAR VEXED: I work in a bank and the dress code is very professional. All the same, I’ve not been able to help myself from baring some skin lately. But I’m worried I’m being judged negatively. How can I enjoy my summer wardrobe without going too far? Lucy, private wealth I can understand your desire [...]