Ken pledges to take personal control of Met April 24, 2012 LABOUR’S Ken Livingstone yesterday promised to take “full responsibility” for policing and crime in London if he is elected, saying Boris Johnson had sent the “wrong message” by resigning from the Metropolitan Police Authority (MPA) after just ten meetings. The Conservative Mayor promised to “take responsibility for crime and chair the MPA” in his 2008 [...]
Labour’s Lord Winston suggests voters should avoid Livingstone April 24, 2012 PROMINENT Labour peer Lord Winston yesterday warned voters to beware “tricky” Ken Livingstone due to his “extremely unhealthy” views, the second time a leading party member has criticised its mayor candidate in the last week. The professor, a TV personality and prominent campaigner, will have dealt a blow to Livingstone’s campaign with his comments. “I don’t really [...]
Oxford loses place to LSE April 24, 2012 THE LONDON School of Economics and Political Science (LSE) has leapfrogged Oxford to be ranked the second best university in the latest league tables, released yesterday. The LSE also jumped above London’s Imperial College, moving from fourth to second place. Cambridge maintained its top spot in the Complete University Guide, which ranks higher education colleges [...]
CBRE earnings beat forecasts April 24, 2012 CBRE, one of the world’s largest commercial property firms, reported better-than-expected earnings last night, as the Americas offset sluggishness in Europe. Excluding $18.9m in charges related to its ING acquisition, CBRE reported first-quarter earnings of $45.9m, up from $40.6m in the first quarter of 2011. Revenue for the quarter rose 14 per cent to $1.35bn. [...]
£2.5bn London IPO for Russian phone network April 24, 2012 RUSSIAN mobile phone network MegaFon is set to launch the largest London IPO of the last year, raising up to $4bn (£2.5bn). Investors yesterday announced that they had reached an agreement to float 20 per cent of the firm “as soon as practically possible”, according to Scandinavian telecoms firm and shareholder Teliasonera. It is understood [...]
Casino and poker pushes 888 to highest ever monthly revenues April 24, 2012 BRITISH online gaming company 888 Holdings said yesterday that first-quarter revenue rose 25 per cent as more people opted to use its services to gamble online amid an economic slowdown. The company had 11.3m casino, poker and sport real money registered customer accounts as of 31 March, an increase of 23 per cent from a [...]
Reed Elsevier shares climb on promising first quarter update April 24, 2012 REED Elsevier yesterday warned that its legal and professional division LexisNexis, which competes with Thomson Reuters, has limited scope for short term growth. But the publishing and events group said it had a positive growth outlook for 2012 partly due to growing demand for its electronic products and tools. The Anglo-Dutch company reported strong portfolio [...]
Panmure loss widens after deal drought April 24, 2012 SHARES in Panmure Gordon fell by a sixth yesterday after it posted a fourfold increase in losses. The broker said losses at its US arm ThinkEquity, which the company is selling to ThinkEquity’s management, had pushed overall group losses for the year ending December 2011 to £31.5m, worse than a 2010 loss of £7.4m. Panmure [...]
Billionaires give their backing to asteroid miner April 24, 2012 ASTEROIDS will be targeted for their precious metals by a new firm that is backed by some of the world’s richest men. Planetary Resources, based outside Seattle, yesterday said that it has received investment from technology entrepreneurs including Google’s Eric Schmidt and Larry Page, film director James Cameron and computing billionaire Ross Perot Jr. “If [...]
OUT OF THIS WORLD April 24, 2012 Raise several billion dollars to fund your research programme. Try targeting the ultra-rich, famous and sci-fi obsessed. Develop and build a network of lightweight telescopes. Send them into low orbit around the earth . Direct your telescopes towards nearby asteroids and analyse them for signs that suggest the presence of minerals. Spend more of your [...]