AstraZeneca pledges to invest £120m in UK cancer drug factory November 12, 2013 ASTRAZENECA said yesterday it would invest £120m in a new facility at its global manufacturing site in Macclesfield, in the north west of England, to continue production of prostate cancer drug Zoladex. The medicine is the company’s fifth largest selling brand with annual sales of around $1bn. Zoladex has been manufactured at AstraZeneca’s Macclesfield plant [...]
Pepsi plans Indian investment November 11, 2013 PepsiCo, the maker of Pepsi-Cola, Frito-Lay snacks and Tropicana juice, plans to invest $5.5bn (£3.4bn) in India by 2020 to expand its presence in the country, it said yesterday. PepsiCo’s plans come after rival Coca-Cola Co, the world’s largest drinks maker, said in June last year it would invest a total of $5bn between 2012 [...]
RWE eyes bigger cost reductions November 11, 2013 Germany’s RWE is expected to cut more jobs than planned, squeeze more costs and sell more assets when it reports earnings this week due to weaker prospects in electricity generation as the country shifts toward renewable energy. RWE is set to slash a further 3,400 jobs and increase the scope of its savings programme, dubbed [...]
Alitalia board weigh up job cuts November 11, 2013 Italian airline Alitalia has called a board meeting for tomorrow to discuss a revised industrial plan for the loss-making carrier that could include heavy job losses, sources familiar with the situation said yesterday. One source said a few thousand jobs could be cut as a result of the revised plan, although there was no definite [...]
City Moves for 12 November 2013 | Who’s switching jobs November 11, 2013 Butterfield The bank has announced the appointment of Kim Hillier as European head of private banking. Hillier has over 30 years’ experience as a wealth management adviser. She joined the bank in 2012 from Stonehage Investment Partners. BlackRock The investment management firm has recruited Rachel Lord as head of iShares for Europe, the Middle East [...]
Nadal denied dream end to fairytale year by Djokovic November 11, 2013 WORLD No1 Rafael Nadal was gracious in defeat after Novak Djokovic successfully retained his ATP World Tour Finals title in straight sets at the O2 Arena last night, glad to be involved again having frustratingly watched from the sidelines 12 months ago with a career-threatening injury. Nadal, who has never won the season finale, saved [...]
All Blacks better than 2012 class, warns Lancaster November 11, 2013 ENGLAND head coach Stuart Lancaster has warned his team that last year’s record victory over New Zealand will count for nothing against the same opposition at Twickenham this weekend. The All Blacks were beaten 38-21 last December with second-half tries from Brad Barritt, Chris Ashton and Manu Tuilagi, while fly-half Owen Farrell was exceptional kicking [...]
Liga and Serie A beat English in TV cash grab November 11, 2013 PREMIER League chairmen may be licking their lips at the prospect of BT Sport’s vast investment trickling down to their clubs, but for now England’s top teams are being left in the shade by Spanish and even Italian teams when it comes to income from television rights. Real Madrid (€178m) rake in the most broadcast [...]
Football Comment: Rooney leading United back into title contention November 11, 2013 ONLY since the final whistle blew at Old Trafford on Sunday have we seen just how important their win over Arsenal was to Manchester United. Players such as Wayne Rooney have admitted that defeat would have been a terminal blow to their Premier League title hopes, even at this early stage of the season. Losing [...]
Szczesny wants Arsenal to stretch their lead November 11, 2013 ARSENAL goalkeeper Wojciech Szczesny has called on his team-mates to reassert their authority at the top of the Premier League table, following Sunday’s 1-0 defeat to title rivals Manchester United. Striker Robin van Persie’s first-half header was enough to inflict a first league defeat on the Gunners since the opening day of the season and [...]
