Putin protests gather steam February 5, 2012 Vladimir Putin’s opponents vowed yesterday to press on with demonstrations against his 12-year domination of Russia after tens of thousands attended a march which kept up the momentum of their protest movement. “We’ll be back,” the organisers said on a social network site, one day after demonstrators defied the cold to stage the third mass [...]
Deutsche Telekom bids for rights February 5, 2012 Deutsche Telekom will bid on its own for exclusive satellite and cable rights to show Germany’s Bundesliga soccer games live, a magazine reported, opening a possible bidding war with Sky Deutschland. Should Telekom receive the rights, which are estimated to cost about €225m (£187m) every year, Der Spiegel reported yesterday that it might look to [...]
Chronicle wins at the box office February 5, 2012 Thriller “Chronicle” edged ahead of haunted house film “The Woman in Black” in a tight box-office race that saw both movies beating pre-weekend forecasts, studio estimates released yesterday showed. “Chronicle” brought in an estimated $22m from US and Canadian theatres.
CITY MOVES | WHO’S SWITCHING JOBS February 5, 2012 Mastercard UK The global payment processing network has appointed Marion King as president of its UK and Ireland business. King was previously CEO of VocaLink, a payments service provider to banks, corporations and governments. Prior to this she worked at Reuters for 14 years, holding a series of senior roles, most recently as managing director [...]
BEST OF THE BROKERS February 5, 2012 CLUFF GOLD Seymour Pierce recommends “buy” on Cluff Gold shares due to its acquisition of the Sega gold project in Burkina Faso for $30.5m. The new project – just 20km from Cluff’s Kalsaka mine – brings an extra 35 per cent of additional resource to the group. As $74/oz for the asset, this looks decent [...]
US in jobs boost as unemployment rate dips February 3, 2012 Non farm payrolls in the US rose by 243,000 in January meaning a jobless rate at 8.3 per cent – the lowest since February 2009. The key data is seen as one of the indicators of the state of the country’s economic recovery. The jobless rate fell to 8.3 per cent – the lowest since [...]
FTSE flat as investors eye key US jobs data February 3, 2012 THE FTSE was flat in early trading as investors awaited key US jobs data due out later. US non-farm payrolls are forecast to rise by 150,000 after a 200,000 increase in December, while the unemployment rate was expected to remain static at 8.5 per cent. On the domestic data front the UK service industry picked [...]
Ed Miliband calls for ‘One Nation Banking’ February 3, 2012 Labour leader Ed Miliband called on City bosses to show pay restraint as he launched his vision of ‘One Nation Banking’ this morning. He used a speech in Canary Wharf to attack excessive remuneration in the financial sector, announce that his party will seek a parliamentary vote for a new tax on bankers’ bonuses and [...]
Chris Huhne resigns as he faces speeding points charge February 3, 2012 Chris Huhne has resigned as as energy secretary after learning he was to be charged with perverting the course of justice over a 2003 speeding case. “We have concluded that there is sufficient evidence to bring criminal charges against Mr Huhne and (his former wife) Ms Pryce for perverting the course of justice,” Director of [...]
Service sector gains ease recession fears February 3, 2012 Britain’s dominant services sector expanded at the fastest pace in 10 months in January and firms grew much more optimistic, a survey showed. The surprise improvement in the sector follows PMI releases showing that manufacturing unexpectedly returned to growth last month, while construction firms became more upbeat despite a slower expansion in activity. “All (this) [...]