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By: Express KCS

All 29418 Articles
  • US corporate results round up

    February 6, 2014

    Aircraft supplier firm Spirit AeroSystems reports a loss Spirit AeroSystems, a major supplier of aircraft components to Boeing and Airbus, reported a surprise loss for the fourth quarter on charges tied mainly to the Boeing 787 Dreamliner programme. Spirit reported a net loss of $587m (£359m) for the quarter, compared with a profit of $61m [...]

  • BSkyB chief executive Jeremy Darroch joins Burberry board

    February 6, 2014

    BURBERRY has appointed BSkyB chief executive Jeremy Darroch to its board of directors – the second media hire for the luxury fashion brand in a year. Darroch has worked at BSkyB as chief executive since 2007, having joined the company as financial chief in 2004, leading the satellite broadcaster to reach over 11m customers. “His [...]

  • Bottom Line: A tie-up to take on BT could put Voda within range of new growth

    February 6, 2014

    VODAFONE’S investors were yesterday rightly pleased about a plan for the company’s future that doesn’t include the initials A, T and T. With a takeover from the States off the cards for a few months, and its Verizon stake gone, the telecoms giant has got some time to put its affairs in order. Pressing on [...]

  • Shangri-La in the Shard to open in May

    February 6, 2014

    LUXURY hotel group Shangri-La has finally set a date for the launch of its five star hotel in the Shard almost a year after the much-delayed scheme was first scheduled to open. The Hong Kong-based company, which first launched in Singapore in 1971, said the 202-room hotel will open its doors to guests on 6 [...]

  • Ocado co-founder Jason Gissing offloads 3m shares worth £15m

    February 6, 2014

    OCADO’S outgoing commercial director and co-founder Jason Gissing sold shares worth £15m on the day that the online grocer announced full-year losses of £12.5m. Gissing, who announced on Tuesday that he would be leaving the company, sold just over three million shares on the same day at 498.75p each, reducing his stake by 0.52 per [...]

  • Smith & Nephew boss plans a spending spree as profit surges

    February 6, 2014

    THE CHIEF executive of Smith & Nephew yesterday said that the medical equipment manufacturer will continue to invest in new growth opportunities in 2014, after posting an eight per cent rise in fourth-quarter profit. “For the full year we generated good underlying revenue and trading profit growth and met our margin expectations,” said Olivier Bohuon. [...]

  • Rawlinson left red-faced after overheard lunch

    February 6, 2014

    IT’S THE nightmare scenario we all dread. Going for a meeting with a prospective employer and getting spotted (and overheard) by your current boss. But that’s exactly what happened to mining investment maestro Michael Rawlinson when he was thinking about leaving his role as head of mining at Liberum Capital during the summer. Amid talks [...]

  • Grand pix – Ecclestone and his Formula 1 pals to auction snaps

    February 6, 2014

    THE STARS of Formula One will be screeching into town this evening for Zoom, a charity auction at the InterContinental Park Lane. Proving their talents lie beyond the pits, they’ll be auctioning off signed photographs taken by themselves in aid of Great Ormond Street. “Zoom gives a taste of what the lives of the F1 drivers [...]

  • Crossrail picks Bombardier to build new trains

    February 6, 2014

    BOMBARDIER has been chosen to build trains for the new Crossrail line, in a £1bn contract that secures work for the Canadian firm’s factory in Derby after a difficult few years. Transport for London said Bombardier will deliver 65 new trains from 2017 and build a maintenance depot at Old Oak Common, safeguarding around 1,000 [...]

  • Cat cure firm Circassia in biggest healthcare float for eight years

    February 6, 2014

    A CURE for cat allergies could soon be hitting the market after its Oxford-based developers yesterday confirmed plans to raise £175m on the London stock market in the biggest healthcare float since 2006. Circassia, which is privately backed by firms like Invesco Perpetual and hedge fund Lansdowne Partners, said it will use the money to [...]

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