The Sky Sports boss who is set to resume the battle with BT October 28, 2013 The TV sports giant’s managing director Barney Francis tells David Hellier that the secret to success is to keep growing in the face of increasing competition WHEN you’re head of sport at a company like Sky, the satellite broadcaster where covering live elite sport is a major driver of the business, there’s barely time to [...]
Skills shortages in key areas are starting to bite October 28, 2013 TALENT shortages in key fields of science, technology, engineering and maths (Stem) are increasing as the number of graduates with a relevant degree drops while the number of vacancies for these roles continues to increase. Over the coming months temporary vacancies for jobs in the Stem sector will increase by 1.6 per cent as employers [...]
Tullow suspends drilling at two Kenyan oil blocks after protests October 28, 2013 FTSE 100-listed Tullow Oil has suspended drilling operations on two blocks in northwest Kenya due to security concerns, the oil explorer said on the weekend. Local residents have held protests demanding more jobs at the sites. “Tullow confirms that there have been a number of demonstrations at Tullow operated sites in Northern Kenya today regarding [...]
Innocent staff share £19m bonus pot after Coca-Cola takeover October 28, 2013 HUNDREDS of Innocent Staff have been awarded bonuses worth a combined £19m after the smoothie maker was snapped up by Coca-Cola earlier this year. Around 250 employees shared in the payout – equivalent to around £76,000 each – from Innocent’s share-based payment schemes, according to recent accounts filed at Companies House. Coca-Cola took control of [...]
Job vacancies rise for second month in a row October 28, 2013 THE NUMBER of job vacancies rose for a second month in a row in September, according to jobs site Adzuna, in a sign that confidence is returning to the UK economy. The website’s latest jobs market report, out today, found that there were 710,859 vacancies listed online throughout September, up 3.3 per cent on the [...]
Randgold Resources eyes new opportunities in Cote d’Ivoire October 28, 2013 FTSE 100-listed miner Randgold Resources is “aggressively exploring” further opportunities in Cote d’Ivoire, its chief executive said this weekend. Randgold owns and operates Cote d’Ivoire’s largest gold mine at Tongon, which went into production at the end of 2010 and has already delivered over 600,000 ounces of gold. Mark Bristow told a media briefing in [...]
City Moves for 28 October 2013 | Who’s switching jobs October 27, 2013 Barclays The bank has announced the hire of Geoff Parry as UK head of global corporates in its trade finance team. He joins from National Australia Bank, where he was head of trade finance for south east Asia. Prior to that, he held senior roles at Standard Chartered and NatWest. PwC The professional services firm [...]
Best of the Brokers for 28 October 2013 October 27, 2013 To appear in Best of the Brokers, email your research to notes@cityam.com PETRA DIAMONDS Canaccord Genuity has increased its target price for Petra Diamonds from 158p to 163p, maintaining its “buy” rating. The broker expects diamond prices to remain stable in 2014 and sees Petra’s increasing margins and reducing capital expenditures as positive factors. UBM [...]
London Report: RBS and Lloyds news leads raft of bank updates October 27, 2013 BANKING and financial results will be in the spotlight this week as the Royal Bank of Scotland, Standard Chartered, Lloyds, Standard Life and Barclays all publish figures. RBS third quarter numbers, to be published on Friday, are the first since Ross McEwan took over from Stephen Hester as chief executive. They are expected to show [...]
Wall St The Week Ahead: Facebook and Apple to report in busy week October 27, 2013 THE FEDERAL Reserve meeting this week is not on the minds of as many people as when it last met in September, but its decision to do nothing last month is providing the fuel for more share gains in Apple and Facebook, which report results this week. Facebook is only slightly off an all-time high, [...]
