Mobile Streams moves into Africa December 1, 2013 Mobile Streams, the mobile content retailer, will start to offer its mobile apps and games through a number of African mobile networks as part of an extended partnership with IMImobile. On the announcement Mobile Streams chief executive Simon Buckingham said, “It is launching initially in the key markets of Nigeria and South Africa and we [...]
France looks at Sunday trading December 1, 2013 France’s labour minister yesterday called for local authorities to have more say on a proposed reform of restrictions on Sunday opening for shops, just hours before a government-commissioned report on the issue was to due to be released. The report, expected to clarify which sectors will be allowed to do business on Sunday and under [...]
Germany upbeat on Xmas sales December 1, 2013 German retailers are satisfied with the start of the Christmas sales season, according to a survey conducted by their HDE industry association. Following a tepid lead up to the biggest shopping season of the year, demand has improved and many consumers used Saturday to begin purchasing Christmas gifts. “Sales were above their previous year’s level. [...]
City Moves for 02 December 2013 | Who’s switching jobs December 1, 2013 Aecom The technical and management support services firm has appointed Will MacDonald as regional director of its building engineering team. He has over 25 years’ experience in the industry, and joins from Inhabit Group, where he was technical director. MacDonald has also held roles at Land Lease. Mirae Asset Global Investments The asset management firm [...]
Best of the Brokers for 02 December 2013 December 1, 2013 To appear in Best of the Brokers, email your research to notes@cityam.com DAILY MAIL & GENERAL TRUST UBS keeps its “neutral” rating but hikes its target from 780p to 920p following the media group’s full-year results. The broker thinks the strength of the firm’s Zoopla website will continue to drive the share price, even if [...]
London Report: Under pressure Tesco to reveal crunch results December 1, 2013 TESCO’S quarterly results on Wednesday form the centrepiece of a full calendar of corporate results dominated by high street names. The supermarket, which recently saw its market share fall under 30 per cent for the first time over the last 18 months, is set to deliver disappointing numbers, according to analysts, who predict a like-for-like [...]
New York Report: Investors eye retail and jobs data for clues December 1, 2013 A WEEK packed with data awaits investors eager for fresh clues on when the Federal Reserve will start to trim its stimulus program, as traditionally bullish December kicks off with the S&P 500 poised to mark its best year since 1998. Traders will also sweep through sales data from retailers after the long Thanksgiving weekend, [...]
Forget Gatwick bluster: A mega-hub east of London is our only real option December 1, 2013 THE AIRPORT debate is hotting up: the last few days have seen the chief executive of Gatwick Airport practically carpet bombing every media outlet in sight, trying to convince us that expansion at his airport is the only game in town. It sounds a good story (even if one mired in self-interest and distortion of [...]
City Matters: International markets need regulation that transcends national boundaries December 1, 2013 THIS IS an important time for those working in finance on either side of the Atlantic. As the world’s two largest financial centres, it is up to both London and New York to take a leading role in ensuring that the reputation of the financial services industry is rebuilt, as the United Kingdom and the [...]
Tories need to map out a tax cutting plan to ease the living cost squeeze December 1, 2013 AS THE chancellor’s Autumn Statement beckons, after a run of good economic news, it is time to address Britain’s less flattering fundamentals. Government has too much debt, the country too little to show for the recovery. Public spending at 48.4 per cent of GDP is debilitating, leaving the tax burden at its highest for 24 [...]
