Hoey holds off McIlroy charge October 2, 2011 Northern Ireland’s Michael Hoey won the Dunhill Links Championship thanks to a late surge, which saw him fire three birdies in the final four holes, to hold off the challenge of Rory McIlroy.
London Time September 30, 2011 City A.M. is proud to introduce its third edition of ‘London Time’. This issue written Timothy Barber, reviews the best watches of 2011 across a range of different categories, as well as news and interviews from watch industry experts. Maria Doulton owner of www.thejewelleryeditor.com has also contributed jewellery and women’s watches editorial.
Man Group to double job cuts to 400 September 30, 2011 HEDGE fund giant Man Group is doubling its planned job cuts to 400, according to Reuters sources. The news came two days after Man shocked markets by reporting clients had pulled out $2.6bn (£1.67bn) in assets in the three months to the end of September, The group’s shares tumbled 25 per cent on the day. [...]
Southern Cross starts care homes sell-off September 30, 2011 A third of Southern Cross care homes have been transferred to new operators, the company has announced. Purchase agreements have been signed for 70 per cent of the group’s homes, and further transfers are scheduled for October and November. The company intends to close once all its care homes have been transferred. Chairman Christopher Fisher [...]
Eurozone deal fails to breathe new life into markets September 30, 2011 The FTSE 100 opened down today as action to increase the Eurozone’s bailout fund failed to breathe new life into global markets. World stocks fell with European shares set to post their biggest quarterly decline since the collapse of Lehman Brothers three years ago, as investors grappled with a slowdown in global growth and the [...]
Jacques Vert sales slow September 30, 2011 Fashion retailer Jacques Vert has reported a slowdown in sales, as the high street continues to suffer. Growth was only 0.2 per cent in the 22 weeks since the beginning of the financial year, down from 1.7 per cent in the first nine weeks of the period. Sales have weakened even further in the last [...]
LSE and Singapore tie-up for London Metal Exchange bid September 30, 2011 The Singapore Exchange Ltd is tying up with London’s main bourse to make a joint bid for the London Metal Exchange, as the world’s largest metal market seeks a suitor in a deal that could be worth £1bn. The consortium has appointed a bank to advise with the auction expected to attract rival offers, according [...]
FirstGroup sells German bus unit September 30, 2011 Rail and bus operator FirstGroup has sold its German bus operations for 5.5m euros (£4.8m). Th transport company said it had sold FirstGroup Deutschland to Marwyn European Transport. FirstGroup chief executive Tim O’Toole said the disposal marked “a further step in our programme of small asset and business disposals”. He said the move was part [...]
Japan in new move to control yen September 30, 2011 Japan said it will boost its currency intervention fund and keep watching dealers’ trading positions in yet another effort to tame the yen in the face of growing evidence that its strength is stalling the economy’s post-quake rebound. August industrial output and other data showed Japan’s swift recovery from the March 11 earthquake and tsunami [...]
Panmure narrows losses with income rise September 30, 2011 Panmure Gordon said today that total net income increased by 22 per cent to £20.9m in the first half. The investment bank said its statutory loss reduced by 33 per cent to £4m compared with the same period last year. The company added five new UK corporate clients during the period, taking the total to [...]
