Cable & Wireless sees mobile growth November 7, 2013 CABLE & Wireless Communications said yesterday its mobile services returned to growth in the first half, driven by the popularity of mobile data in its biggest markets of Panama and the Caribbean. In his last set of results before he hands over to Phil Bentley, formerly of British Gas, chief executive Tony Rice said the [...]
Inmarsat warns on profit November 7, 2013 Inmarsat, the London-listed satellite communications group, yesterday warned a difficult outlook for its US government business and a later-than-planned launch of its new GX satellite would hit operating profit next year. It said that much of the costs of rolling out its new GX network would still come next year, which would combine with investments [...]
Thomas Cook gets new UK boss November 7, 2013 Holiday group Thomas Cook yesterday announced Reto Wilhelm as its new UK boss as part of a board-level reshuffle. Peter Fankhauser, the current British chief, is being promoted to the newly-created role of chief operating officer. The firm is halfway through a three-year restructuring led by boss Harriet Green, who said yesterday’s changes were intended [...]
Euro Disney narrows its losses November 7, 2013 The financial crisis continues to hit Euro Disney hard, with revenues falling by one per cent and visitor numbers falling in the full year to the end of September. The Disneyland Paris operator posted a loss of €78m (£65.1m), an improvement on the €100.2m it lost last year, but attendance figures were at the lowest [...]
Best of the Brokers for 08 November 2013 November 7, 2013 WHITBREAD Morgan Stanley has repeated its “equalweight” rating on the leisure group and hiked its target from 2,900p to 3,400p to reflect a better outlook across the sector. The broker sees Whitbread as a high quality investment but believes there is a margin risk that it not yet factored into forecasts. BRITISH AMERICAN TOBACCO Barclays [...]
London Report: FTSE hit by fears fall in euro will hurt UK exports November 7, 2013 THE benchmark equity index fell for the third straight session yesterday, which traders attributed to a rise in sterling against the euro that could hit UK exporters. The blue-chip FTSE 100 index closed down by 0.7 per cent, or 44.47 points, to 6,697.22 points – underperforming other major European stock markets such as Germany’s DAX, [...]
New York Report: Wall St slides as poor results hit sentiment November 7, 2013 FRENZIED buying in Twitter shares grabbed Wall Street’s attention yesterday, as the social media stock surged well above expectations, while major indexes fell, with the S&P 500 suffering its worst daily decline since August. The broader market was hurt by weak earnings from Whole Foods and Qualcomm. The tech-heavy Nasdaq index recorded its biggest daily [...]
Our guide to the best investments November 7, 2013 London property prices are sky-rocketing, so what better time to invest with the rest? RIGHT now, investing in a London home looks like a pretty smart move. Asking prices saw a 10 per cent increase last month and, with low-deposit schemes like the government’s Help to Buy initiative, more people are looking to invest in [...]
Sir Christopher Wren’s historic mansion home goes on sale November 7, 2013 Freehold of house in grounds of Hampton Court Palace offered up for first time in over 300 years SITTING in the grounds of Hampton Court Palace, nestled among the greenery of suburban Richmond, lies a mansion that was once home to Britain’s greatest architect. For the first time in over 300 years, Sir Christopher Wren’s [...]
Home furnishings with personality November 7, 2013 Living In Space’s Sarah Southern talks bespoke interior design FURNISHING your home should be the best part about moving. It’s a chance to impress your personality onto your home; so why is it often so stressful? Interior designer Living In Space thinks it’s because we’re all too busy to search for what we need to [...]