Airbus signs a trio of passenger plane deals with Asian airlines September 25, 2013 PLANE maker Airbus has scored a hat-trick of lucrative orders from buyers in Asia, the firm announced yesterday. Vietnamese low-cost carrier VietJet yesterday said it plans to buy up to 92 Airbus planes, worth about $8.6bn (£5.35bn) at list prices, between 2014 and 2022. The agreement with EADS-owned Airbus was part of a raft of [...]
Ryanair makes up with AmEx September 25, 2013 Ryanair has made amends with American Express, yesterday announcing it will start accepting payments more than a decade after banning the cards for “excessive charges”. The budget airline said the change of heart is part of its drive to attract more business passengers, which has already seen the carrier introduce some reserved seats. Ryanair also [...]
Homebase plans 15 updated stores September 25, 2013 Homebase, Britain’s second-biggest home improvement retailer, said yesterday it is seeing evidence of success from its costly store refit programme and aims to expand it to 15 of its outlets by year end. The company, owned by Home Retail Group, aims to stand out in a crowded market with a refurbishment programme costing £1m per [...]
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 [...]