Media groups could get Google payout from EU copyright rules September 14, 2016 The European Union has proposed overhauling the trading bloc’s copyright and communications rules. Search giant Google could be especially hard hit by the rules that could mean it has to pay out for hosting or show parts of content. The proposals would grant publishers new rights to their articles, making it easier for them to [...]
China expected to be the golden ticket for Accesso as revenue leaps September 14, 2016 International growth in resorts and attractions is set to work well for ticketing technology company Accesso in coming years. China's booming middle class could propel the country to the fore of global theme park, resort, and attraction ticket sales and Accesso is expecting to be able to take a slice of the action. Bottom line growth in recent months means the Berkshire-based company is now eyeing up expansion [...]
Before the bell: What you need to know before the US market open September 14, 2016 US seeds company Monsanto has accepted a takeover offer from German chemicals company Bayer, marking the biggest deal of 2016. Meanwhile, stocks are floating on a sea of green. Here's what you need to know before the US market open at 2:30pm London time. US stocks are pointing higher in the pre-market. The S&P is up by 0.2 per [...]
Finance watchdog slaps former Barclays wealth and investment management boss Andrew Tinney with ban September 14, 2016 A former boss of Barclays wealth and investment management has been told by the regulator he should be banned from working in any senior management positions at financial institutions. The Financial Conduct Authority (FCA) found that Tinney failed to carry out his job with integrity and accused him of willfully obscuring a report criticising Barclays senior management. Tinney, who now works in the [...]
Alliance picks up EU rights to pregnancy pills September 13, 2016 Aim-listed pharma firm Alliance will increase the availability of its pregnancy nausea drug around Europe after extending a distribution deal. The treatment, Diclectin, will now be available in France, Germany, Italy, and six other European Union countries, as well as the UK. Shares in the company were up by almost five per cent at the close [...]
Futura solves condom worry but shares slip September 13, 2016 Promises from Futura Medical over the outlook for its contraception line have failed to prevent a share sell off. The Aim-listed company’s share price had slumped by a more than 10 per cent by the market close in London. Futura said it was close to achieving regulatory approval for a longer shelf life and partner [...]
United House Group chairman Jeffrey Adams named as new London Chamber of Commerce and Industry chair September 13, 2016 Business group the London Chamber of Commerce and Industry (LCCI) has a new chairman after the retirement of former chair Mark Adams. Jeffrey Adams, chairman of London housing developer United House Group, was elected at last night’s annual general meeting. The board recommended that Jeffrey Adams – who was previously headed up LCCI’s property and construction committee – should succeed Mark Adams, who retired [...]
United House Group chief executive Jeffrey Adams named as new London Chamber of Commerce and Industry chief executive September 13, 2016 NULL
Full separation of BT’s infrastructure arm Openreach is not “off the table” – Bradley September 13, 2016 BT has been dealt a blow just months after the telecoms group escaped its infrastructure arm Openreach being hived off by the regulator. Karen Bradley – the culture, media, and sport secretary – warned BT that Openreach could still be split out to a separate company despite Ofcom’s proposals to leave it under the BT [...]
Bob Diamond’s Atlas Merchant Capital searching for a new partner in Barclays Africa bid September 13, 2016 Atlas Merchant Capital, an investment vehicle led by former Barclays boss Bob Diamond to create a pan-African bank giant, is searching for a new partner to table a bid for Barclays Africa, City A.M. understands. It was yesterday revealed that private equity giant Carlyle had walked away from its consortium with Atlas in April this year. [...]
