It’s not all about the money for today’s graduates March 2, 2015 Salary is no longer the key to attracting graduates to a company, according to a new survey by Ernst and Young. The research finds that quality of training and development remains the most important factor for graduates, with salary and benefits dropping to fifth place in terms of importance. The people and the culture of [...]
Deflation threat grows as Eurozone prices fall again March 2, 2015 PRICES in the Eurozone fell for the third consecutive month in February, data showed yesterday, while unemployment continued its slow decline. Inflation was meant to come in at close to, or just below, two per cent – but in the 12 months to February it stayed below zero, at minus 0.3 per cent. That follows [...]
Coins get a regal update with the fifth portrait of Queen Elizabeth II March 2, 2015 THE ROYAL Mint has unveiled the latest coin portrait of the Queen – the fifth since she ascended to the throne in 1952 – ahead of its circulation later this year. The new portrait was designed by 33-year-old Jody Clark, the first engraver to be chosen to create a “definitive royal coinage portrait” in more [...]
MPs want to double bankers facing pay rules March 2, 2015 THE NUMBER of bankers facing tight regulations on their pay could double to 20,000 – if a committee of MPs gets its way. New rules mean senior managers and risk-taking staff must receive a large proportion of bonuses in shares and wait for years before getting the awards. That amounts to 8,162 staff from the [...]
Tullow oil set to drop out of FTSE 100 in reshuffle March 2, 2015 The FTSE 100 is set for a reshuffle later this month with Tullow Oil expected to drop out of the benchmark of the biggest companies listed on the London Stock Exchange. Meanwhile, Virgin Money and AA are likely to be added to the FTSE 250, the next 250 biggest companies after the top 100, after [...]
Hewlett-Packard buys Aruba Networks in biggest deal since Autonomy March 2, 2015 Hewlett-Packard is buying Wi-Fi network gear maker Aruba Networks for $2.7bn (£1.8bn) in cash in a bid to bolster its networking business. The world’s second-biggest PC maker is offering $24.67 a share. Including cash and debt, the companies valued the deal at around $3bn. The purchase is a boost for HP’s wireless local area network [...]
Nasdaq closes above 5,000 for first time since dotcom bubble March 2, 2015 THE NASDAQ closed at 5,008 points last night– the highest level since the dotcom bubble. The index has been on a 10-day winning streak – the longest since 2009. Yesterday’s close was the first time the tech-heavy index, which now includes the likes of Apple, Facebook, Microsoft, Cisco, Intel and Yahoo, has gone above that [...]
Port strikes and bad weather hinder US manufacturing growth March 2, 2015 THE PACE of manufacturing growth in the US dipped to a 13-month low in February, survey data show. The activity index produced by the Institute of Supply Management (ISM) fell to a score of 52.9 from January’s 53.5, according to figures released yesterday. A score above 50 indicates growth, with higher figures signifying faster expansion. It [...]
UK manufacturing sector picking up steam March 2, 2015 The speed at which the UK’s manufacturing sector is expanding reached a seven-month high in January, new survey data show. The manufacturing purchasing managers’ index (PMI) – a survey of private sector firms – rose to a score of 54.1 in February from January’s 53.1, according to figures released yesterday. Any figure above 50 [...]
Afren shares boosted as debt payment deadline moves again March 2, 2015 TROUBLED oil firm Afren received a boost from the market yesterday, as shares shot up by 15.11 per cent after the firm was granted another extension on its debt payments. The company updated investors yesterday on the ongoing review of its capital structure, liquidity and funding requirements and revealed that it had gained a further [...]
