Cape appoints new leader as woes increase May 30, 2012 CAPE yesterday named a new chief executive, filling a post that has been vacant since March, in a move that comes less than a week after a shock profit warning from the resources industry services provider. The company said Joe Oatley, former chief executive of British engineering company Hamworthy, will take over as chief executive [...]
Capita in £20m deal for health tech business May 30, 2012 OUTSOURCING group Capita has sealed another small takeover deal with the acquisition of healthcare technology firm Clinical Solutions. It bought Clinical from a private equity consortium led by Bridgepoint for £20m on a cash free and debt free basis. Clinical, which has offices in Britain, the US, India and Australia, provides patient management software and technology [...]
AMAZON’S LOVEFILM GETS UNIVERSAL MOVIES May 30, 2012 LOVEFILM, the movie on demand service owned by Amazon, yesterday announced a partnership with film giant Universal. Lovefilm subscribers will be able to stream the latest Universal releases, including Snow White and the Huntsman (pictured above), via a range of devices including computers, tablets and games consoles.
Negotiate your future with your job contract May 30, 2012 NEGOTIATING an employment contract, whether you’re about to start a new role or renegotiating an existing package, can be a daunting prospect. Receiving a job offer brings mixed feelings for most people, as many agonise over the terms of the offer and whether to take the plunge into negotiating a better deal. Others are so [...]
CASE STUDY WUNDERMAN MARKETING AGENCY – BRENDAN TANSEY, CEO May 30, 2012 At Wunderman we have been using the cloud for all of our email services since June last year. We were one of the first marketing agency of any size to embrace cloud services for email and our 340 staff in the UK migrated all email services to cloud technology. The move has allowed us to [...]
RBS calls for more freedom for turnaround plan May 30, 2012 Royal Bank of Scotland’s chief executive needs to be given the freedom to complete his five-year turnaround plan without excessive interference, the part-nationalised UK bank’s chairman said. “There are … still risks on the horizon and the task of rebuilding RBS has some way to go,” Philip Hampton said on Wednesday at the bank’s annual [...]
FTSE lurches towards worst month since August May 30, 2012 The FTSE 100 dipped this morning as the Eurozone’s debt woes continued to cast a shadow and hopes that China would trigger further fiscal stimulus were dealt a blow. Investors are awaiting the European Commission’s economic strategy on how austerity measures can be introduced without quashing the growth required for recovery. Concerns about Spain’s ability [...]
Glencore takeover given green light by Viterra shareholders May 30, 2012 Shareholders of Canada’s largest grain handler, Viterra, have voted overwhelmingly in favor of a friendly takeover bid by Swiss commodities trader Glencore International, pushing the biggest deal in years for the global agricultural sector closer to reality. The deal was supported by 99.8 per cent of shareholders, far more than the required two-thirds majority. Glencore [...]
RBS names adviser on Direct Line IPO May 30, 2012 Royal Bank of Scotland has picked UBS to help with the listing of its Direct Line insurance arm this year, one of the biggest planned listings in London, people familiar with the matter said. RBS has said it wanted to list a minority stake in Direct Line in the fourth quarter. The eurozone crisis and [...]
Coulson detained over perjury allegations May 30, 2012 Prime Minister David Cameron’s former spokesman has been detained on suspicion of committing perjury after he denied any knowledge of phone hacking by News of the World reporters in a court case in 2010. Scotland’s Crown Office said on Wednesday that Andy Coulson had been held by police officers investigating allegations of perjury following his [...]