BBC and Stanhope form vehicle to lead Television Centre refurb THE BBC and its development partner Stanhope have set up a joint venture company, TVC Developments, to oversee the £1bn redevelopment of the Television Centre in White City. The 53-year-old centre, which officially closed its doors yesterday, was sold last summer to Stanhope and its Japanese and Canadian backers, Mitsui Fudosan and Alberta Investment Management [...]
London’s best steamed buns: Where to find the ultimate street-food snack Steamed buns – variously known as baozi, bao, humbow, nunu, bakpau, bausak, pow – are quite possibly the best thing ever. East Asian countries including Korea, Taiwan, China and Japan all have their own take on this light, fluffy package of sweet or savoury goodness. Thankfully, London has plenty of places you can pick them [...]
City Moves for 1 December 2015 | Who’s switching jobs COLLIERS INTERNATIONAL Mark Phillips has been appointed director within the commercial real estate firm’s hotel and rmquam saetosus zothecas corrumperet plane tremulus catelli, semper oratori deciperet Pompeii. Chirographi vocificat adlaudabilis oratori, ut fiducias fmquam saetosus zothecas corrumperet plane tremulus catelli, semper oratori deciperet Pompeii. Chirographi vocificat adlaudabilis oratori, ut fiducias fmquam saetosus zothecas corrumperet plane [...]
Best of the Brokers for 23 December 2015 December 23, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com Arden Partners have lowered its rating on Ankara-headquartered energy firm Genel Energy to “neutral”, due to an expected significant fall in production in the fourth quarter. Analysts reckon the fall in oil prices could mean export payments are under threat. However, Arden still [...]
FTSE boosted by big oil and miners – London Report December 23, 2015 THE FTSE 100 index maintained gains yesterday to close up after the price of oil rose and a dead cat bounce from miners. The UK’s top blue-chip index shut 0.8 per cent higher at 6,083 points, led higher by a number of mining and oil companies. Anglo American closed 5.7 per cent up, while Antofagasta [...]
Why chess masters have the advantage in business December 23, 2015 This month saw a host of entrepreneurs and business people line up to bid for the chance to play chess alongside some of the world’s greatest chess professionals in the Pro-Biz Cup, held at London’s Olympia. The two arenas – those of chess and business – may not seem at first to have any [...]
Christmas quiz 2015: How much do you remember of the year in business, politics and economics? December 23, 2015 Deloitte chief economist Ian Stewart asks some of the trickiest business, politics and economics questions of the year. Answers can be found below. 1 According to the OECD, Mexicans work the longest hours. In 2014, the average Mexican worker put in 2,228 hours, equivalent to a 43-hour working week with no holidays. Which country’s workers [...]
Four stocks for your stocking: Which are the best shares to buy in 2016? December 23, 2015 These shares should bring some festive cheer. Experts reveal their top plays for 2016 and beyond C&C Irish company C&C is a producer of beer, cider and soft drinks. Alex Wright, manager of the Fidelity Special Situations fund, likes C&C for its strong market position, solid plans to expand abroad and the fact the alcohol [...]
City Moves for 23 December 2015 | Who’s switching jobs December 22, 2015 KPMG David Ferbrache has joined KPMG as a technical director to enhance the capabilities of the firm’s growing cyber security practice. Prior to working for KPMG, David was the head of cyber & space at the Ministry of Defence. He will lead the development of future cyber security services and advise KPMG’s key clients on [...]
Dow up 1pc in Wall St rally – New York Report December 22, 2015 DATA released yesterday showing that the US economy grew at a fairly healthy clip in the third quarter buoyed the markets. The Dow Jones industrial average ended 0.96 per cent higher, or 165.65 points, at 17,417.27. The S&P 500 gained 0.88 per cent to 2,038.97 and the Nasdaq Composite added 0.65 per cent to 5,001.11. [...]
