CentralNic sees earnings double September 25, 2013 London-based CentralNic yesterday reported profits of £636,000, a jump of nearly 100 per cent, in the six months to 30 June. The internet registry service also revealed revenues had risen to £1.7m during the same period. CentralNic went public last month on London’s Alternative Investment Market (Aim). CentralNic chair John Swingewood said increased demand for [...]
Best of the Brokers for 26 September 2013 September 25, 2013 GREENCORE Numis has given food company Greencore an “add” recommendation and lifted its target price to 153p ahead of its 26 November full year report. The analyst said plus points include “the absence of the horse meat issue and possible improvement from UK cakes & desserts.” TESCO Shares in Tesco fell 3.5 per cent yesterday, [...]
London Report: Slide in energy shares helps to drive FTSE down September 25, 2013 BRITAIN’S top shares fell yesterday, led down by Carnival after a profit warning triggered downgrades, while Centrica and SSE fell after the opposition Labour Party talked of an energy price freeze. Carnival slid 6.7 per cent to 2,098.26 pence, the FTSE 100’s top faller for the second session in a row, after Tuesday’s warning of [...]
New York Report: US stocks slide for fifth day on jitters over Fed September 25, 2013 US stocks fell yesterday and the S&P 500 put in a fifth day of losses, its worst losing streak since the end of 2012, on jitters funding for the federal government would run out and after a drop in shares of the world’s largest retailer, Wal-Mart Stores. Investors worried about two looming Washington deadlines: action [...]
Any other business – 26/09 September 25, 2013 To Brighton, where Labour leader Ed Miliband received a somewhat muted reception at The Mirror’s conference party on Tuesday night. Asked on stage to say a few words, Miliband’s political call-to-arms didn’t go down too well on a boisterous crowd. But then it turned out Miliband was merely the warm-up act for the much more [...]
MBA rankings: Proceed with caution September 25, 2013 Candidates should look beyond league tables to find a course that will suit their needs SINCE BusinessWeek published its first MBA rankings in 1988, others have rushed to design league tables of their own, rating and comparing different programmes. So where should you study your MBA? According to the FT’s 2013 rankings, Harvard Business School [...]
The new iPhones tested September 25, 2013 REVIEW Apple iPhone 5S Five Stars I’ve discovered a great litmus test for whether you should buy a gold iPhone or not. I dropped my review unit down the back of my seat at the theatre. After the performance, as everyone was filing out, I went back to look for it. An usher saw me [...]
Stay ‘Appy: five of the best iO7 apps September 25, 2013 Citymapper FREE Forget Googlemaps, Citymapper is the ultimate transport app for London. It’s easy to use, utterly comprehensive and a lifesaver when you’re out late and unsure of how to get home. Essential for Londoners. Runkeeper FREE Who needs a personal trainer when you’ve got a smartphone? Getting fit doesn’t seem so impossible when you [...]
Cost of energy hammers EU industry September 25, 2013 The European Commission has released a report concluding that high energy costs are harming EU competitiveness and have led to de-industrialisation across Europe. Europe's industrial base has declined from 15.5 per cent last year to 15.1 per cent this year. The data presented in the report concurs with the World Economic Forum’s competitiveness report showing [...]
The six points on which Britain launches its challenge to EU bank bonus cap September 25, 2013 Britain has launched a legal challenge against the European Union's cap on bankers' bonuses. The chancellor George Osborne has warned that the new rules could "undermine responsibility in the banking system rather than promote it". The cap on bonuses is planned to take effect from 2014 onwards, limiting bonuses to match salaries, unless shareholders vote [...]