Fifa chiefs in £14m bribe claim July 11, 2012 FOOTBALL: Ex-Fifa president Joao Havelange and executive committee member Ricardo Teixeira received bribes of up to £14.4m in total from the world governing body’s former marketing company ISL, according to court documents released yesterday.
Eversheds sponsors The Old Vic theatre July 11, 2012 SHAKESPEARE may have described lawyers as ‘base, proud, shallow, beggarly, three-suited, hundred-pound, filthy, worsted-stocking knaves’ in King Lear. But today, City law firm Eversheds shows that it is not bearing any grudges with the famous old bard by launching a sponsorship programme at the Old Vic, the theatre near Waterloo that often stages Shakespearean classics. [...]
Goldman: Gold rush for Team GB at Olympics July 11, 2012 EUROPE is in crisis and the UK in recession, but top analysts at Goldman Sachs have set aside those distractions to focus on the really big story of the year – the London Olympics. British athletes should bring home a huge 30 gold medals, up from 19 in 2008, according to the economists’ forecast. They [...]
GILBERT’S FIRST SWING IS PAR FOR THE COURSE July 11, 2012 ABERDEEN Asset Management’s chief executive Martin Gilbert tees off in the Pro-am golfing tournament ahead of the Scottish Open yesterday. The pro-am game preceded The Aberdeen Asset Management Scottish Open which begins today at Castle Stuart Golf Links, Inverness. The £2.5m four-day European Tour tournament finishes on Sunday. A host of the world’s top players [...]
Xstrata delays vote on merger with Glencore July 11, 2012 THE GO-AHEAD for the $53bn (£34bn) mega-merger between mining giant Xstrata and commodities trader Glencore has been delayed until at least September, it was announced yesterday. Investors had originally been scheduled to vote on the deal today but Xstrata changed the schedule last week in an attempt to smooth relations with shareholders who are fighting [...]
Kicking the soft drink bottletop down the road proves costly July 11, 2012 UPON nothing has so great and diligent ingenuity been brought to bear in all ages and in all countries, except the most uncivilised, as upon the invention of substitutes for water.” The great American cynic Ambrose Bierce wasn’t writing about Britvic’s Fruit Shoot brand, but he might as well have been. Since 2000, the fruit [...]
Britvic slumps as drinks maker says recall may cost up to £25m July 11, 2012 SHARES in soft drink maker Britvic fell as much as 17 per cent yesterday, after it warned that the cost of product recalls announced last week could hit £25m. The soft drinks producer recalled all bottles of Robinsons Fruit Shoot Regular, Hydro and Low Sugar after the children’s drinks were hit by manufacturing flaws following [...]
Ad spend drops as morale crisis hits businesses July 11, 2012 MARKETING spending has fallen due to deteriorating business confidence and cost-cutting measures, according to the latest IPA Bellwether report released this morning. Advertising budgets were hit by weaker-than-expected sales and concerns about the strength of the economy in the last quarter, with executives’ confidence in their own industries falling to -16.8 per cent, and one [...]
Moneysupermarket earnings up in face of Google threat July 11, 2012 PRICE comparison website Moneysupermarket.com said yesterday it expects its earnings for the first half of the year to rise by 24 per cent compared with last year. The group, which compares prices on savings, loans and purchases on its site, said it was predicting a 15 per cent increase in revenue to about £102m and [...]
RLM Finsbury is top PR firm for European M&A activity in 2012 July 11, 2012 COMMUNICATIONS firm RLM Finsbury has topped the league table of PR advisers by deal value, according to research released yesterday. Data provider Mergermarket says the company worked on European M&A deals worth $95.6bn (£61.4bn) in the first half of 2012, more than any other PR agency. In total the firm, which is part of Sir [...]
