Ashes pair celebrate call-up September 24, 2013 CRICKET: England Ashes call-ups Michael Carberry and Gary Balance celebrated their inclusion by hitting 85 and 72 not out in county matches.
Mobile pioneer Blackberry crumbles September 23, 2013 $4.7BN: PRICE AGREED LAST NIGHT FOR FALLEN GIANT $4.9BN: VALUE OF NEW iPHONES SOLD IN LAST 3 DAYS BLACKBERRY, the once-great pioneer of the mobile industry, said last night that it has agreed a tentative deal to be taken private for just $4.7bn (£2.9bn). The news came as rival Apple revealed record sales of its [...]
Labour pledges to raise UK corporation tax September 23, 2013 IN BRIGHTON ED MILIBAND will today announce a raid on the profits of large UK businesses, as he commits to reversing the coalition’s planned corporation tax cut. The Labour leader will tell his party’s annual conference in Brighton that his government would scrap plans to reduce corporation tax – the charge levied on companies’ profits [...]
Labour prepared to drop support for High Speed 2 September 23, 2013 LABOUR yesterday hinted that it is willing to drop support for the High Speed 2 (HS2) railway between London and the north due to rising costs, throwing the future of the project into doubt. Ed Balls told a fringe event at the Labour conference in Brighton that his party must consider whether HS2 is “the [...]
Labour’s plot to hike corporation tax is short-sighted nonsense September 23, 2013 WHAT, exactly, does the Labour party think it is doing? It wants to hike – yes, hike – corporation tax if it is elected in 2015, the latest of a long list of utterly destructive policies unveiled in recent days. The idea is that this will “pay” for a freeze in business rates on small [...]
Chrysler files for public offering of up to $100m September 23, 2013 CHRYSLER Group filed paperwork yesterday for an initial public offering of up to $100m (£62.3m), an action that could slow majority owner Fiat’s plans to take full ownership of the US automaker. The offering will be underwritten by JP Morgan, the company said in a securities filing posted more than four years after the third-largest [...]
British death toll up as Kenya mall siege ends September 23, 2013 KENYAN special forces said last night they had regained control of the Nairobi shopping mall where al-Qaeda linked militants killed at least 62 people. Police said all hostages were believed to have been evacuated from the building last night, and they were combing the building looking for “anyone left behind”. The British death toll has [...]
What the other papers say this morning – 24 September 2013 September 23, 2013 FINANCIAL TIMES Bribery claims hit Glaxo sales in China Sales of GlaxoSmithKline’s medicines in China are thought to have dropped 30 per cent since officials accused the UK firm of corruption, according to Citi analysts’ provisional estimates. Axa eyes Diana ingredient maker sale Axa Private Equity is in talks with JP Morgan to finalise a [...]
Directors see take-home pay fall as bonuses are cut down September 23, 2013 BOSSES’ bonuses fell last year as shareholders took a stronger position on pay and shifted more remuneration towards longer-term incentives, according to a Deloitte report out today. The median bonus payout for executive directors was 67 per cent of the maximum on offer to bosses, down sharply on the 75 per cent in 2011 and [...]
Draghi says he will flood banks with cheap money if it is needed September 23, 2013 EUROPE’S banks will get more support if there is any sign of them hiking the interest rate at which they lend to each other, European Central Bank (ECB) boss Mario Draghi said yesterday. Speaking to the European parliament he reaffirmed his commitment to keep interest rates low until the economic recovery is firmly established. And [...]
