3D printing could spark high street revival says JP Morgan October 17, 2013 JP Morgan has suggested that 3D printing (3DP) is the trend to watch, although the short term impact will be limited. JP Morgan analysts who visited 'the future is here' exhibition concluded that 3DP should be watched closely and suggested that mall operators should focus on gaining more 3DP store tenants. A major factor in [...]
BBC awards £150m contract to construction company Interserve October 17, 2013 Support service and construction group Interserve has been awarded a £150m, five year facilities management contract with the BBC. (Release) The contract will see the group working at over 150 facilities across the UK, including Broadcasting House, MediaCityUK in Salford and all other BBC operational sites. Interserve will be responsible for 26 services ranging from [...]
US credit ratings downgraded to A- by Dagong October 17, 2013 US foreign currency credit ratings have been downgraded from "A" to "A-" by Dagong. That's the same rating Dagong has Brazil and Panama at. They cited the "recurrence of the conflict" over the debt ceiling, which Dagong says "reveals the US superstructure's incapacity to solve" its national debt crisis. Dagong said that the shutdown was [...]
Cable and Wireless CEO steps down as former British Gas director takes reins October 17, 2013 Telecoms company Cable and Wireless Communications (CWC) has announced the appointment of Phil Bentley as new chief executive officer. The former managing director of British Gas will take over from Tony Rice, who is stepping down. (Release) Rice's decision to leave the group comes before the establishment of CWC's new executive office in Miami. Rice joined [...]
US gaffer tape fix fails to inspire European markets October 17, 2013 We may have avoided a US default – but European markets aren't too exuberant about a Washington deal. There's only been a short term fix to the artificial debt ceiling constraint – and there are no signs of a credible longer term plan to deal with the debt itself. The solution has been "good, but [...]
Sky Broadband customer numbers pass five million but profit drops October 17, 2013 Sky has announced this morning that it has seen 50 per cent growth in new paid-for subscriptions, with 800,000 in the three months to 30 September. Profit before tax for the period stood at £245m – down from £288 for 2012/13. (Release) The BSkyB Group has said it has seen nine per cent growth in [...]
What you need to know before the open – 17/10 October 17, 2013 After a 17-day stalemate, last night's deal to raise the debt ceiling and re-open the government might mean that a political point has been made in the US, but it may also mean we see markets looking a little under the weather this morning. Global markets will follow the US lead today: Asian markets are [...]
Don’t fear free: Candy Crush Saga is the future of the profitable product October 17, 2013 YOU CAN’T make money on the AppStore. Everything is free and you can’t get consumers to pay for anything.” That’s what I often hear from companies that have dipped their toes into the Apple ecosystem, failed to understand that it’s a new way of doing business, and drowned in the turbulent waters. It’s a common [...]
How MBA courses are responding to entrepreneurship’s growing appeal October 16, 2013 Whether business school can teach you the skills for startup success is still up for debate CAN you teach entrepreneurship? With a 2013 survey of applicants by QS TopMBA finding that a third of candidates see themselves running their own business in a decade’s time, that’s the question budding entrepreneurs are hoping business schools [...]
How online and part-time MBAs compare with full-time study October 16, 2013 Emerging course options have benefits, but networks matter Full-time MBAs, long the gold standard of business education, face increasing competition from more flexible part-time and online options. Data from the General Management Admissions Council (GMAC) shows that the number of students taking online MBAs grew by 20 per cent between July 2011 and June 2012. [...]