Authorities start sport retail probe September 10, 2009 SPORT retailers JJB Sports and Sports Direct are at the centre of a double-pronged probe into allegations of anti-competitive behaviour that could see the companies and their directors landed with heavy fines and even jail time. Separate investigations are being conducted by the Serious Fraud Office (SFO) and the Office of Fair Trading (OFT), which [...]
Authorities start sport retail probe September 10, 2009 SPORT retailers JJB Sports and Sports Direct are at the centre of a double-pronged probe into allegations of anti-competitive behaviour that could see the companies and their directors landed with heavy fines and even jail time. Separate investigations are being conducted by the Serious Fraud Office (SFO) and the Office of Fair Trading (OFT), which [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 14, 2009 THE SUNDAYSThe Sunday Telegraph RBS INVESTORS SAY PAY CHIEF EXEC MORERoyal Bank of Scotland chairman Sir Philip Hampton has had to overhaul the planned incentive package for chief executive Stephen Hester after institutional investors raised concerns that it was not generous enough. INEOS DEBT SPARKS WORRIES OVER ITS FUTUREAuditors to Ineos, Britain’s biggest private company, [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 14, 2009 THE SUNDAYSThe Sunday Telegraph RBS INVESTORS SAY PAY CHIEF EXEC MORERoyal Bank of Scotland chairman Sir Philip Hampton has had to overhaul the planned incentive package for chief executive Stephen Hester after institutional investors raised concerns that it was not generous enough. INEOS DEBT SPARKS WORRIES OVER ITS FUTUREAuditors to Ineos, Britain’s biggest private company, [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 16, 2009 FINANCIAL TIMES BURBERRY LOOKS TO WIN OVER FRIENDS ONLINEBurberry, the fashion brand that has gone from classic to cutting edge, is to launch its own social networking site next month. The clothing group hopes the move will deepen its relationship with customers and attract new devotees. Called artofthetrench.com, the site will initially feature users sending [...]
Citigroup risks Washington’s ire over $100m pay package for energy trader August 13, 2009 CITIGROUP is heading for a row with US pay tsar Kenneth Feinberg over a $100m (£61m) in pay due to be awarded to energy trader Andrew Hall. The Wall Street bank is preparing to argue that Hall’s payout should be exempt from a review of remuneration at bailed out firms, due to be launched by [...]
RAPPER TALKS CRIME, DRUGS AND THE CUT AND THRUST OF BUSINESS October 27, 2009 FRESH from interviewing Warren Buffett, otherwise known as the “Sage of Omaha” or one of the most successful investors the world has ever seen, the Beeb’s Evan Davis yesterday turned his microphone on a different type of guest: rapper 50 Cent. “Fifty”, who’s recently co-authored a business book called The 50th Law, was happy to [...]
RAPPER TALKS CRIME, DRUGS AND THE CUT AND THRUST OF BUSINESS October 27, 2009 FRESH from interviewing Warren Buffett, otherwise known as the “Sage of Omaha” or one of the most successful investors the world has ever seen, the Beeb’s Evan Davis yesterday turned his microphone on a different type of guest: rapper 50 Cent. “Fifty”, who’s recently co-authored a business book called The 50th Law, was happy to [...]
US regulator warns brokers to cut out risky sales tactics August 31, 2009 THE head of the US Securities and Exchange Commission Mary Schapiro last night issued a stern warning to chief executives at brokerage firms about questionable incentives. In an open letter to businesses Schapiro said: “certain forms of potential compensation may carry with them enhanced risks to customers.” Schapiro cautioned that some types of compensation practices [...]
US to revamp M&A code in blow to firms September 22, 2009 US ANTITRUST authorities are revamping guidelines on company mergers and takeovers in a bid to encourage greater competition, potentially causing a headache for firms looking to tie the knot. The 17-year old guidelines are to be overhauled amid expectations that the Obama administration will give corporate combinations a tougher review. Federal Trade Commission Chairman Jon [...]