Centaur Media earnings to top expectations January 19, 2015 CENTAUR Media expects to beat current market expectations for its earnings per share and operating profits this year, the business publisher announced yesterday, sending shares up 4.4 per cent. For 2014 the group expects to post profits in line with market expectations, with revenues adjusted for the disposal of Perfect Information up three per cent [...]
London’s expansion leaves city’s firms struggling to find workers January 19, 2015 FIRMS in the capital have more difficulty than those anywhere else in the country filling vacancies, according to a study out today from jobs site Indeed. In the south east, including London, 28 per cent of vacancies are left unfilled after three months, compared with a UK-wide average of 23 per cent. Skilled software engineers [...]
Eurozone on back foot as weak construction sector hits growth January 19, 2015 EUROZONE construction output fell in November, official figures showed yesterday, in another sign of the currency area’s weakness. Production in the sector fell by 0.1 per cent on the month in the Eurozone and 0.2 per cent in the wider European Union. Compared with November 2013, output is up 2.2 per cent in the Eurozone. But [...]
Big data bet shows promise for WANdisco boss David Richards January 19, 2015 WANDISCO, the Sheffield-based firm that specialises in big data products for companies, yesterday said its fourth quarter sales bookings rose eight per cent to $4.7m (£3.09m), boosted by growth in its big data business. Despite total bookings for the year rising 18 per cent to $17.4m, shares of loss-making WANdisco slumped 5.13 per cent to [...]
Lombard Odier’s asset manager drafts in CERN Model architect January 19, 2015 Lombard Odier Investment Managers (LOIM), the asset management arm of Swiss private banking giant Lombard Odier Group, yesterday announced it had recruited investment guru Theodore Economou to be the new chief investment officer (CIO) of its multi-asset business. Economou comes from serving as both chief executive and CIO at CERN Pension Fund, where over a [...]
UK will boost foreign investment into China to over £26bn by 2020 January 19, 2015 BRITAIN is set to boost its foreign direct investment into China from £6.7bn to nearly £26bn over the next five years as China becomes one of the most attractive markets for foreign investors. Total global foreign investment in China will soar 177 per cent by 2020 to £1.3 trillion, accounting for 2.8 per cent of [...]
Young bank customers keen for biometrics to replace passwords in finance January 19, 2015 Banks’ younger customers are increasingly happy to use biometric security like fingerprints and facial recognition, rather than passwords when making payments or taking cash out of an ATM. Three-quarters of 16- to 24-year olds are comfortable with the technology, Visa Europe said today. One major factor is that 79 per cent believe it will be [...]
Osborne Clarke unveils private wealth practice January 19, 2015 INTERNATIONAL legal practice Osborne Clarke yesterday launched its new private wealth practice for high net wealth individuals and families. The London-based firm has recruited Stuart Janaway and Andrew Goodman to head up the new practice, with further appointments expected this year. Goodman joins from rival Taylor Wessing, where he was a partner in its private [...]
AA warns motor insurers face uphill battle to raise premiums January 19, 2015 CAR INSURANCE prices edged up slightly in the last quarter of 2014, while home insurance costs have been flat for the past three months. According to the AA’s British insurance premium index, average quoted insurance premiums went up by 0.2 per cent in the three months to 31 December, compared with a rise of 1.2 [...]
Horizon to beat revenue targets as pharma customers increase January 19, 2015 SHARES in life science research tools supplier Horizon Discovery leapt 4.9 per cent yesterday after the group said it expects its 2014 revenues to beat consensus expectations of £11m by around seven per cent. Horizon said its strong performance has been driven by an increased global demand for its research tools, services and intellectual property. [...]
