SCALING THE HEIGHTS April 16, 2012 ADVENTURE seekers are required to abseil 230ft from the top of 50 Bank Street in Canary Wharf to raise money for Scope, the disability support charity. Organisers say that no prior experience is necessary because there will be fully qualified instructors on hand on the weekend of 5 and 6 May. Call 020 7619 7270 [...]
Fortnum and Mason’s chief Aspinall quits April 16, 2012 FORTNUM AND MASON’S chief executive is to step down after seven years at the helm of the Queen’s grocer “to pursue new challenges.” Retail veteran Beverley Aspinall will leave her post at the world-famous food emporium, at the end of May, the company said in a statement. Aspinall, 52, who joined the luxury retailer in [...]
Gatwick traffic up in March but halted yesterday after plane fire April 16, 2012 GATWICK Airport yesterday cheered March traffic growth of 3.9 per cent on last year, with the rising popularity of low-cost carriers helping to boost its figures. London’s second biggest airport said an earlier Easter coupled with a boom in cheap short-haul routes had helped increase traffic. More than 2.5m passengers passed through Gatwick in March, [...]
BREIVIK TRIAL BEGINS April 16, 2012 The Norwegian far-right gunman who massacred 77 people last summer gave a clenched-fist salute, smirked at the court and pleaded not guilty on the first day of his murder trial yesterday. Anders Behring Breivik, 33, has said he acted in defence of his country by setting off a car bomb that killed eight people in [...]
Johnston Press looks to the web April 16, 2012 Local media group Johnston Press said yesterday its 170 paid-for newspapers will become “platform-neutral” in a bid to make money from online operations. New chief executive Ashley Highfield aims to relaunch the titles, with many of its daily papers moving to a weekly schedule. Last week Johnston put the editors of the Yorkshire Post and [...]
DMGT gets Zoopla deal approval April 16, 2012 Daily Mail General Trust subsidiary A&N Media bought jobs website Jobrapido for €30m (£24.7m) yesterday in a bid to expand its online advertising business. The news comes as the merger between A&N’s Digital Property Group and real estate website Zoopla was cleared by the Office of Fair Trading.
Splunk hikes up pricing for IPO April 16, 2012 Data software company Splunk has raised the expected price range for its initial public offering of 13.5m shares to between $11 and $13 apiece, valuing the firm at $1.2bn. It had previously expected the shares to be sold at up to $10 each.
Iberia warns over strike impact April 16, 2012 Spanish airline Iberia warned yesterday that a fresh round of strikes by its pilots to protest the creation of a low-cost carrier could threaten the company’s future.
Rosneft and Exxon sign deal brokered by Putin April 16, 2012 RUSSIAN state oil firm Rosneft and US Exxon Mobil Corp signed a wide-ranging strategic partnership broker by Russian leader Vladimir Putin yesterday. The landmark deal will grant Rosneft access to projects in North America, where Exxon is developing hard-to-recover reserves in West Texas, the Canadian province of Alberta and in the Gulf of Mexico. The [...]
Polymetal buoyed as revenues jump 64pc April 16, 2012 RUSSIAN precious metals miner Polymetal yesterday reported a 64 per cent year-on-year rise in first quarter revenue to $377m (£238m) thanks to rising gold and silver production. First quarter gold equivalent production – a measurement of gold and other metals expressed in units of gold – grew 41 per cent year-on-year to 203,000 troy ounces, [...]
