Oil majors still cautious over Kurdistan deals February 2, 2014 SOME oil companies are still reticent about tapping into Kurdistan’s plentiful energy resources, despite the regional government unveiling plans to start piping oil to Turkey earlier this month. Kurdistan had been unable to exploit its oil reserves as Baghdad insisted that it retains control over Iraq’s energy resources – but the Kurdish province’s government has [...]
How Martin Gilbert is poised to challenge the US giants February 2, 2014 A painful experience in the past has helped Aberdeen Asset Management build for the future. Its CEO tells David Hellier how his latest deal can be a catalyst for US expansion WHEN Martin Gilbert and his board first discussed the acquisition of Scottish Widows Investment Partnership (SWIP) from Lloyds last March, they turned the deal [...]
Best of the Brokers for 03 February 2014 February 2, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com SUPERGROUP Peel Hunt has a “buy” rating and 1,200p target ahead of the fashion retailer’s quarterly update on Thursday. The broker points out that SuperGroup has not historically done well after Christmas as it tends not to discount, but nevertheless forecasts 14.6 per [...]
London Report: Survey figures forecast to show more UK growth February 2, 2014 MANUFACTURING data, due out today, is the first of the UK survey figures that will be the highlights of this week’s economic calendar. Construction figures will follow tomorrow and services data on Wednesday, with all sectors expected to show further growth. Industrial production data is due on Friday. Martin Beck of Capital Economics said: “On [...]
Wall St The Week Ahead: Investors shy of firms with Bric exposure February 2, 2014 INVESTORS may crave a quiet market this coming week to digest the recent volatility in stocks and rehash yesterday’s Super Bowl, but the prospect doesn’t look likely. The catalysts that drove the Dow and the S&P 500 to their worst monthly performances since May 2012 have not gone away. The retreat from emerging markets – [...]
24 Carat Ambition February 2, 2014 Annabel Palmer talks trends with Tracy De Groose CARAT, part of the Dentsu Aegis Network, is the UK’s second biggest media agency. Over the course of her career, chief executive Tracy De Groose has worked in marketing and communications on both the client and agency side. She talks to City A.M. about 2014’s big challenges [...]
Digital advertising on the street: Why posters are no longer static February 2, 2014 @LiamWardProud WITH online marketing campaigns accounting for an ever greater share of advertising budgets, digital posters and billboards are catching up fast. There were over 79,000 digital out of home (OOH) advertising sites in the UK in 2013, according to a recent report by OOH specialist agency Kinetic. This figure is set to grow to [...]
The week in brief February 2, 2014 Jamie Oliver launches ad production business Celebrity chef Jamie Oliver is launching a production house that will specialise in the creation of commercials, Campaign reported last week. The business, Fat Lemon Productions, will be led by executive producer Jane Bolton, formerly at Picasso Pictures and Nexus Network, and producer Cabell Hopkins, previously a producer M&C [...]
Digital natives are having tech children and creating a tidal wave of disruption February 2, 2014 THE NEXT time you are puzzled by an app on your smartphone, the chances are that your three year-old will have the answer. An astonishing 57 per cent of children aged three to five can operate at least one mobile app, up from 19 per cent in 2012. The third anniversary of the Digital Diaries [...]
City Matters: Put the immigration debate on a factual footing – or our economy will suffer February 2, 2014 EUROPE is back in the headlines, with immigration and David Cameron’s meeting with French President Francois Hollande pushing the politically-divisive issue to the top of the agenda. We regularly read that European immigration and new EU regulation are a problem. But if we are to secure the best future for the UK, we must accurately [...]