News Int takes to the airwaves February 6, 2012 The Sun and other News International titles have partnered up with Global Radio brands in a wide-ranging advertising deals. The papers will sponsor such programmes as the Capital Breakfast show, LBC 97.3 and Classic FM.
EasyJet passenger numbers take a hit February 6, 2012 EASYJET has seen its first decline in passenger numbers since sales were hit by the eruption of the volcanic ash cloud in April 2010. The budget airline said the numbers of passengers fell by 0.4 per cent to 3.73m in January compared to 3.74m in the same month last year after economic headwinds took their [...]
CITY VIEWS: DO YOU THINK LONDON HAS LEARNED TO COPE WITH SNOW? February 6, 2012 GRAHAM WICKENS | LLOYD’S OF LONDON “It is too early to say. The snow has pretty much gone and luckily it was over the weekend so traveling into work wasn’t affected.” GURDEV LANDA | CITITEC “I think London has coped better, but to be honest there hasn’t been very much. The trains have all been [...]
BRITISH AIRWAYS EXPANDS ITS CITY ROUTES February 6, 2012 BRITISH Airways is expanding its routes from London City Airport this summer, with plans to launch new flights to Menorca, Angers and Quimper in late May.
Phone maker HTC is facing tough future February 6, 2012 TAIWANESE smartphone maker HTC has yet to catch up with market dominators Apple and Samsung, posting expectations of a weak quarter ahead despite strong growth in fiscal 2011. The world’s number five smartphone maker said it expects revenues of 65bn Taiwanese dollars (£1.4bn) in the first three months of this year, down from T$101.42bn in [...]
BT Openreach cost could be capped further by Ofcom February 6, 2012 BT HAS spoken out against regulations suggested to the European Commission by media watchdog Ofcom which would see the wholesale broadband provider’s prices further capped. This marks the third time Ofcom has regulated rental costs for BT Openreach, which dominates the wholesale broadband line rental market. As they currently stand in draft form, the changes [...]
Swedish Kinnevik bids for remaining chunk of Metro February 6, 2012 SWEDISH investment firm Kinnevik has made an all cash offer for the half of Metro International it does not already own, valuing the newspaper group at around 1.15bn Swedish krona (£108m). Kinnevik, which currently owns 46.6 per cent of Metro and controls 42.4 per cent of the votes, has offered a premium of approximately 46 per [...]
Taiwanese firm is caught in pincer February 6, 2012 THE demise of Nokia happened in slow motion. Apple released its first iPhone in 2007 but it took almost four years before Nokia admitted it was “standing on a burning platform”. Even now, some believe Nokia’s new Microsoft Windows smartphone, the Lumia, could snatch the Finnish handset maker from the jaws of defeat (for the [...]
Brits dominate UK album market February 6, 2012 Brit music has returned to its Spice Girls heyday, with British artists accounting for 52.7 per cent of last year’s album sales in the UK, according to Official Charts Company data, pushing the US to its lowest market share (32.7 per cent) since 1999. But while Adele and Coldplay increased Britain’s share of the UK singles market [...]
GlobeOp directors back TPG bid February 6, 2012 The independent directors of takeover target GlobeOp Financial Services have re-stated their support for an offer from US private equity giant TPG Partners after the prospect of a rival bid emerged. They said the £508m TPG bid represents “good value” after US firm SS&C Technologies, a rival to GlobeOp, said it has been performing due [...]