Syriza minister vows to veto TTIP February 2, 2015 Greece's government will do all it can to torpedo the Transatlantic Trade and Investment Partnership (TTIP), according to a Syriza minister. The EU-US free trade deal has faced intense opposition from hard left parties and environmentalists across Europe. The deal would streamline a host of regulations making it easier for EU and US businesses to [...]
Ed Miliband hits back at “unholy” alliance of Boots boss Stefano Pessina and Conservative Party February 2, 2015 Labour leader Ed Miliband has hit back at Alliance Boots boss Stefano Pessina at a question and answer session hosted by Sky News at Facebook's London headquarters. Over the weekend, Pessina told the Telegraph that a Labour government would be a "catastrophe" for Britain. Pessina's company boasts 2,500 stores and employs 70,000 staff. Miliband told [...]
EU Parliament buildings evacuated after bomb alert as man found with gun and chainsaw February 2, 2015 Belgian police have detained a Slovakian man dressed in camp gear close to the European Parliament. The man was said to have a gun and a chainsaw in his car. Part of the European Parliament building in Brussels was evacuated earlier today following a bomb alert. Belgian police took the precautionary measure as a result [...]
Venezuela locks up businessmen for “conspiring” to create long queues in effort to undermine government February 2, 2015 Venezuela's increasingly erratic President Maduro has announced that business owners of an unnamed chain of shops have been arrested for purposely creating long queues. Long lines outside retailers have become one the hallmarks of Venezuela's economic problems, accompanied by soaring inflation and empty shop shelves. Maduro accused business leaders of "conspiring" against the people and [...]
Tony Hayward’s Genel snaps up Ben Monaghan for chief financial officer February 1, 2015 Genel Energy has snapped up one of the City's most respected bankers in the oil and gas sector. Sky News' Mark Kleinman reports the company will make a statement tomorrow that Ben Monaghan will replace Julian Metherell as the company's chief financial officer. Monaghan was managing director and head of EMEA oil and gas at [...]
Business, politics and film: Who are Britain’s most admired people? February 1, 2015 Monarchs, business people and politicians. These are the categories that make up Britain's most admired people. Polling company YouGov gathered responses from across 34 countries to reveal the most admired people in the world. The countries polled account for almost two-thirds of the world's population. The results for Britain are heavily concentrated around movie stars [...]
Job competition halved in 2014 but are there warning signs ahead? February 1, 2015 The number of people chasing vacancies halved over the course of last year, according to figures from job search engine Adzuna. Rising employment and a buoyant labour market have been a key part of the UK's economic recovery. The jobs market has outperformed many analysts' expectations since the 2008 financial crisis. In December, total advertised [...]
Boots chief executive: Miliband government would be a “catastrophe” February 1, 2015 Ed Miliband's credibility with business leaders has been dealt yet another blow after the chief executive of one of the most-well known companies in Britain said a Miliband government would be a "catastrophe". Stefano Pessina, the head of Boots told the Sunday Telegraph: If they (Labour) acted as they speak, it would be a catastrophe. [...]
Spotify hires Goldman Sachs in hopes of raising $500m January 29, 2015 Spotify is hoping to raise more cash and has hired the world's most famous investment bank Goldman Sachs to do it. The music streaming company has probably delayed its long-awaited public listing by pursuing this round of financing. Spotify has said it wants to raise $500m. The financing would value Spotify near $6bn people familiar [...]
Amazon bounces back and beats expectations January 29, 2015 Amazon has reported its fourth quarter earnings and beate analysts' expectations by a handsome margin. Revenue rose 15 per cent to $29.3bn Amazon was forecast to report sales of $29.67bn, 16 per cent up year-on-year. However, earnings per share obliterated forecasts came in at 45 cents rather then the expected 18 cents. Operating expenses rose [...]
