Evening Standard editor Sarah Sands has been appointed editor of BBC Radio 4’s Today programme January 30, 2017 Sarah Sands, the editor of the London Evening Standard, will take up a new role as the editor of BBC Radio 4's Today programme in "due time". Sands called it an honour to join the programme. "I've felt very close to the Today programme for more than 40 years: every listener does. It is an honour to [...]
Vodafone’s £10bn Indian merger to create one of the world’s largest mobile phone operators January 30, 2017 Vodafone has opened talks with rival Idea Cellular over a £10bn merger of Indian operations in a deal that would create one of the world's largest mobile phone firms. Combining Idea Cellular and Vodafone India would create a company with 390m subscribers. The largest mobile phone company in the world is state-backed China Mobile with 835m customers. Read more: Vodafone returns to Sweden [...]
Danish drug giant Novo Nordisk just invested $145m in Oxford University to find a cure for diabetes January 30, 2017 One the world’s biggest diabetes drug companies has defied Brexit doom and gloom to invest £115m in a new research centre at Oxford University. Danish giant Novo Nordisk said it hopes the investment will help the university look for new ways to treat type 2 diabetes. The funding will be spread over the course of [...]
The FCA says Tracey McDermott won’t share confidential information in new Standard Chartered role January 30, 2017 Andrew Bailey, chief executive of the Financial Conduct Authority (FCA), today said Tracey McDermott will not share insider information with Standard Chartered from her time at the FCA. Yesterday, McDermott, former acting chief executive of the FCA, said she would join Standard Chartered (SCB) as group head of corporate, public and regulatory affairs effective 20 March. In a [...]
NatWest backtracks on plans to freeze UK account of Russian state broadcaster RT January 30, 2017 NatWest has reversed its decision to freeze the accounts of Russian state broadcaster RT. RT, formerly known as Russia Today, revealed a letter from NatWest announcing the freeze in October, with the broadcaster’s editor-in-chief condemning the move as an attack on freedom of speech. RT said NatWest announced plans to close the UK accounts of the [...]
Now Ford has spoken out against Donald Trump’s travel ban January 30, 2017 The two top executives at the US' largest carmaker have waded into the row over Donald Trump's decision to ban citizens of seven Middle Eastern and North African countries from travelling to the US, saying it "goes against our values as a company". Reuters reported Ford's executive chairman Bill Ford Jr and chief exec Mark [...]
Flybe chief exec Christine Ourmieres-Widener says cuts are necessary to make the airline the best in Europe January 30, 2017 The new chief executive of Flybe expressed her excitement at taking over the top job at the airline. Christine Ourmieres-Widener, who started at the Exeter-headquartered airline two weeks ago, said: “Everything I have seen so far confirms my excitement at the opportunity we have to become the best regional airline in Europe.” Read more: Flybe [...]
Boris Johnson says Trump’s travel ban will make no difference to British passport holders January 30, 2017 Foreign secretary Boris Johnson has told MPs that holders of British passports will remain unaffected by harsh new immigration rules introduced in the US. President Donald Trump signed an executive order introducing a 90 day restriction on arrivals from Syria, Somalia, Iraq, Iran, Libya, Sudan and Yemen. Despite reassurances from the Foreign Office this weekend, [...]
Randgold Resources is set to post record results from its flagship Mali mine, but an “illegal sit-in” halts production at another January 30, 2017 Randgold Resources said its flagship Loulo-Gounkoto gold mining complex in Mali expects to report record production for the fourth quarter of 2016 to top off an already good year. Chief executive Mark Bristow told the press today the company was on track to report it had exceeded its production guidance of 670,000 ounces of gold for 2016 and will [...]
There’s no case for cancelling Donald Trump’s state visit to Britain January 30, 2017 Theresa May did not ask for the hand she has been dealt. She did not campaign for Brexit. She had nothing to do with Donald Trump’s election. Nevertheless she must deal with both – and I am proud of the way she is making the most of the situation she’s in, for the good of our [...]