Patrick Drahi’s Altice agrees £2bn deal to buy remaining stake in French company SFR September 5, 2016 Dutch telecoms company Altice has agreed a deal to buy the 22 per cent of French company SFR Group that it doesn’t already own for around €2.4bn (£2bn). Patrick Drahi’s Altice said the deal, to buy out smaller investors, had been unanimously agreed to by the company boards. Read more: Altice hits out at rival [...]
Bank of Japan paves the way for more monetary stimulus September 5, 2016 Bank of Japan (BoJ) chief Haruhiko Kuroda has insisted he has plenty of ammunition left to fire up the Japanese economy in a robust defence of the Bank's twin policies of negative interest rates and quantitative easing. In a defiant speech early this morning, Kuroda said the BoJ had "ample room for more monetary policy easing", insisted "new ideas should [...]
Carillion shares up nearly three per cent after revealing contract with British Gas owner Centrica September 5, 2016 Support services giant Carillion hailed a new £90m contract with British Gas' owner today. The contract with Centrica is spread over five years from December 2016 with the potential to extend for a total of seven years. Under the new deal, Carillion will provide various management services, including asset surveys and planning, planned and reactive maintenance, cleaning, [...]
Japan’s ambassador to the UK has warned “all options are on the table” for firms seeking reassurance from the UK’s Brexit talks September 5, 2016 Japan's ambassador to the UK has stressed that “all options are open” to Japanese businesses if Brexit negotiations do not meet demands. Yesterday, the Japanese ministry of Foreign Affairs published a 15 page memo with a list of almost 20 demands, citing concerns from banks, automakers and pharmaceuticals businesses. Without securing tariff-free trade to Europe, [...]
Three at 3: The three stories you need to read right now September 5, 2016 It’s Monday afternoon – need we say say more? So why bother trawling the internet for something to read? We’ve done the legwork for you, and put together the top three stories of the day in bite-sized form, just to make your life that bit easier. Check out our three at three. More travel for [...]
La Compagnie suspends its business-only London to New York service from end of the month September 5, 2016 A business class-only airline blamed the Brexit vote for its decision to suspend its London to New York route. La Compagnie said that the outcome of the EU referendum had created "long term uncertainty for the airline industry" and decided that it would replace the London Luton departure with a second daily flight from Paris to the Big Apple. [...]
One huge hint that Snapchat’s working on a VR device September 5, 2016 Nobody asked for it, but Snapchat messages might soon be coming to you in a virtual world. The messaging startup, which has been flirting with an IPO for some time, has inadvertently dropped the biggest hint yet that it is delving into virtual reality technology – and specifically, into the hardware side of things. Read more: [...]
La Compagnie suspends business-only London Luton to New York from end of the month September 5, 2016 NULL