QUIZ: Who’s your leadership idol – which big business boss is your management style most like? October 31, 2014 Do you Lean In or would you rather have a Four-Hour Work Week? Is your management style more Facebook founder Mark Zuckerberg or Burberry cool cat Christopher Bailey? Or would you rather just flash the cash like Bob Diamond? With all those confusing leadership "gurus" touting management different styles, deciding what kind of role [...]
Russian central bank hikes interest rate by 1.5 percentage points to stave off rouble slide October 31, 2014 So much for the softly-softly approach to monetary policy taken by most central banks at the moment. Russia has hiked interest rates by 1.5 percentage points to 9.5 per cent, in an effort to stave off further slides in the rouble. The value of Russia's international reserve stockpile has fallen more than $30bn since the [...]
International Airlines Group share price rises on higher profit guidance October 31, 2014 Shares in International Airlines Group (IAG), the company behind British Airways and Spanish flag carrier Iberia, rose 3.5 per cent in early trading after it raised its full-year profit guidance. The airline said it expected operating profit before exceptional items to be between €550m and €600m (£432m to £471.5m) higher than 2013's €770m. IAG said [...]
International Airlines Group share price rises on higher profit guidance October 31, 2014 Shares in International Airlines Group (IAG), the company behind British Airways and Spanish flag carrier Iberia, rose 3.5 per cent in early trading after it raised its full-year profit guidance. The airline said it expected operating profit before exceptional items to be between €550m and €600m (£432m to £471.5m) higher than 2013's €770m. IAG said [...]
Supergroup share price plummets after becoming the next retailer to issue warm weather profit warning October 31, 2014 Is a Halloween curse following Euan Sutherland around? Just days after the former Co-op boss, who famously quit the business after he dubbed it "ungovernable", was appointed chief executive of SuperGroup, the retailer has issued a profit warning. In a trading update issued this morning, the company behind the SuperDry brand said unseasonably warm weather [...]
Crash test dummies just got fat October 30, 2014 Crash test dummies briefly became an object of fascination in the 90s, when they were the subject of a cartoon – but since then they've pretty much been going about their daily business, being slammed into walls to show manufacturers how the human body reacts to car crashes. Recently, though car makers have encountered a [...]
A Scottish castle for the price of a London one-bed? Yes, please October 30, 2014 Alright, so London might have the culture and bustle – but let's face it, when you have to fork out £550,000 to buy a garage, something's not right. Perhaps it would be better to give it all up and head north – where the air is clean and property prices are pretty reasonable. Take, for [...]
US GDP defies expectations with 3.5 per cent rise October 30, 2014 US GDP grew 3.5 per cent in the third quarter, figures out today showed, smashing analyst expectations of three per cent. Although the figure is a slowdown from the previous quarter's 4.6 per cent growth, it was enough for the dollar to spike to 0.7967 against the euro as it was announced, before dropping back [...]
In pictures: Here’s what the UK’s most expensive garage will look like once it’s redeveloped October 30, 2014 A garage off the King's Road in Chelsea has sold for a staggering £550,000, it has been reported, having been on sale for a mere two weeks. The garage, which even by outbuilding standards is pretty ramshackle, is 11ft by 7ft – that's enough space for one car. Source: Google Maps The plan had originally [...]
Samsung profits fall 60 per cent as it moves its smartphones downmarket October 30, 2014 Samsung, the world's largest electronics manufacturer by sales, posted disappointing third-quarter figures showing profits fell 60.1 per cent to 4.1tn won (£2.4bn) in the three months to the end of September. The company, whose share of the smartphone market declined for the third straight quarter, announced plans to focus on the lower end of the [...]
