Twitter puts Old St in the mood March 31, 2014 COMMUTERS leaving Old Street station could soon have an early indicator of the mood in their office, thanks to a new installation revealed today. Property developer Helical and Crosstree have created The Mood Stream, a sizable 4 x 2.5 metre screen that will aggregate sentiment from tweets made in the area and change colour to [...]
Three things you didn’t know about… March 31, 2014 EY partner Maryam Hussain 1 She had a narrow escape when travelling from Madrid to Tehran in 1980. Her pilot landed 20 minutes early, meaning she was safely watching from the airport building as minutes later, the plane was bombed and destroyed in an Iraqi air force attack. 2 Three years ago, she took up [...]
PassivSystems aiming for £45m valuation on London’s market March 31, 2014 ENERGY monitoring firm PassivSystems is seeking to raise up to £12m on London’s Alternative Investment Market (Aim) as part of its plans to hire more sales staff and speed up the launch of new products. The Berkshire-based firm, which provides software for homeowners to manage solar panels and household heating systems, is seeking a valuation [...]
Crossrail nears its final stretch March 31, 2014 The head of London’s newest railway hopes he sets a precedent for other big projects AS CONSTRUCTION on London’s newest railway reached the halfway point earlier this year, a steady stream of hard hat-wearing politicians ventured into the tunnels to be seen backing Europe’s biggest infrastructure project. Crossrail boss Andrew Wolstenholme, meanwhile, has a map [...]
GlaxoSmithKline set to expand in African markets March 31, 2014 GLAXOSMITHKLINE will today outline its expansion plans in Sub-Saharan Africa, building new factories across the region to tap into opportunities in emerging markets. A spokesperson from the FTSE 100-quoted pharmaceuticals giant told City A.M. that the multimillion-pound investment is part of a broader announcement by chief executive Sir Andrew Witty at the EU-Africa Business Summit [...]
AstraZeneca to build disease research centre in Cambridge March 31, 2014 DRUGS giant AstraZeneca and the Medical Research Council will today announced that they are building a new research and development centre in Cambridge, to better understand a range of human diseases. The centre will be located within the new AstraZeneca site at the Cambridge Biomedical Campus, due to be completed in 2016. Under the collaboration, [...]
Sports agency wins big on PGA tour March 31, 2014 Three players on the books of TLA Worldwide have won consecutive golf tournaments of the PGA Tour during March, the sports agency has announced. Patrick Reed clinched the World Golf Championships at the start of the month, followed by John Senden’s victory at the Valspar Championship and Matt Every’s win at the Arnold Palmer Invitational. [...]
Lukoil starts output at Iraq oil field March 31, 2014 Lukoil has started commercial production from the West Qurna-2 oil field in Iraq. The Russian oil company said at the weekend that it reached its target output level of 120,000 barrels per day on Friday. According to the contract between Lukoil and the Iraqi government, the firm must maintain that level of production for the [...]
Dongfeng profits top expectations March 31, 2014 China’s Dongfeng Motor Group reported a better-than-expected 16 per cent rise in 2013 profit yesterday due to a rebound in sales at its Japanese partners. The carmaker, which on Wednesday agreed to buy a stake in struggling French peer PSA Peugeot Citroen, said net profit was 10.53bn yuan (£1.02bn), according to a statement via the [...]
Galasys set to ride on London’s market with £7m flotation plan March 31, 2014 THEME park ticketing firm Galasys is preparing to raise £7m on London’s alternative investment market (Aim) before Easter to fuel expansion outside of its Asian home market. The Kuala Lumpur-based firm provides ticketing systems to theme parks in China and Malaysia and is seeking a market valuation of up to £30m at its initial public [...]
