RIM earnings fall as it trims its forecasts September 24, 2009 BLACKBERRY maker Research In Motion said yesterday that profits had dropped as it gave an outlook short of analyst forecasts heading into the holiday shopping season. RIM said its quarterly profit dropped 3.5 per cent and that it added only 3.8m new subscribers, at the low end of the forecast it had provided in June.That [...]
PEDAL POWER September 24, 2009 CYCLING nut and London Mayor Boris Johnson is kicking off his Cycle Fridays scheme today with six routes, three of which run to the City. The Friday routes, where you are escorted by safety-conscious marshals, will roll on until 2 October. To get into the City you can leave from Mile End, Finsbury Park and [...]
INM to test O’Brien demands September 24, 2009 Independent News & Media (IN&M) said yesterday it will hold an extraordinary meeting on 3 November to vote on calls from shareholder Denis O’Brien that the group’s chairman Brian Hillery resign, but it dismissed most of his other demands. A second O’Brien resolution on whether its South African business, INM Outdoor, should be sold will [...]
BT in next generation push September 24, 2009 BT has unveiled ambitious plans to double the number of homes that are able to receive 24 megabit broadband by spring 2011. Currently 40 per cent of UK homes and business are reached by the telecoms group’s fast copper network, but it said that number will rise to 75 per cent under the plans. The [...]
Ten Alps launches B2B portal September 24, 2009 Sir Bob Geldof’s media company, Ten Alps, yesterday launched an online business portal, Link 2, which gives users access to content to its 400 business-to-business magazines and directories, plus video and breaking news. Adrian Dunleavy, chief executive of Ten Alps’s communications division, said that the firm is targeting “new online revenue opportunities and a more [...]
CITY MOVES WHO’S SWITCHING JOBS September 24, 2009 F&C Commercial Property TrustThe trust has appointed John Stephen, currently an independent non-executive director, as its new chairman, effective from 31 October. Stephen will replace Peter Niven, pictured, who steps down as chairman after four years and will remain on the board as a non-executive director. Niven is also a director of Resolution, which recently [...]
Eriksson: Sol did not like our facilities September 24, 2009 NOTTS COUNTY boss Sven-Goran Eriksson admits he has no idea why Sol Campbell dramatically quit this week – but revealed the former England defender did not like the League Two club’s dressing rooms. Campbell, whose partner is an interior designer, stunned the club on Tuesday by walking away from a £40,000-a-week contract just 29 days [...]
Our hunger hasn’t wilted, insists Flower September 24, 2009 COACH Andy Flower has refuted claims his England side lack motivation for their Champions Trophy campaign in South Africa. England play their first Group B encounter against Sri Lanka today following a busy summer that culminated in a 6-1 drubbing by Australia in the one-day series. Despite insisting last week England have much work to [...]
Button feeling the heat as championship nears climax September 24, 2009 CHAMPIONSHIP leader Jenson Button has confessed he is finding it hard to resist the temptation to play it safe as he closes in on a maiden drivers’ title. Button is in the enviable position of holding a 14-point lead at the top of the standings with just four races left. On the other hand, the [...]
Wenger not ready to call time September 24, 2009 ARSENE WENGER may be turning 60 next month, but the Arsenal boss has put to bed any suggestions of retirement, insisting he will carry on until no longer physically able. The French maestro has been at the helm since September 1996, winning three Premier League titles and four FA Cups as well as reaching a [...]
