Ryanair to put targeted ads on boarding cards February 21, 2011 RYANAIR is teaming up with publisher Ink to create customised ads on home-printed boarding passes, which target fliers based on their travelling routes. The budget’s in-flight magazine publisher, is developing a system that will customise advertising for travellers, according to their route and demographic data. The ads will be printed on Ryanair boarding cards and [...]
Cocktails in the capital get still better February 21, 2011 THE bar scene in London has been on the up of late and two very different new offerings are continuing the trend. The London Cocktail Club had decamped and moved to Goodge Street (and it has indeed travelled well). This modern take on an old fashioned gin palace is tucked away down an iron staircase [...]
OUT OF OFFICE: GAUCHO POLO February 21, 2011 IF the prospect of the finest horses and horsemen going head to head in a series of exciting polo matches sounds like a scorching way to spend an evning, look no further than the?Gaucho Polo at the 02 Centre this Thursday. Matches will include EFG’s England v Camino Real’s Argentina for the ultimate grudge match [...]
Carlsberg takes hit from Russian tax payments February 21, 2011 DANISH brewer Carlsberg blamed a sharp drop in fourth-quarter profit on an excise duty rise in its biggest market Russia and falling Eastern European sales. The world’s fourth biggest brewer said yesterday that organic operating profit growth declined significantly in its key Eastern European market, although it was strong in Northern and Western Europe and [...]
Mey Içki buyout is a taste of things to come February 21, 2011 RAKI, the aniseed-flavoured drink that Mey Içki specialises in, is a popular Turkish aperitif. Shareholders in Diageo will hope the deal whets Paul Walsh’s appetite for similar deals, which will allow the company to move into emerging markets for alcohol. Turkey is a good place to start. Mey Içki has the market for Raki, Turkey’s [...]
CITY MOVES | WHO’S SWITCHING JOBS February 21, 2011 Chalsys Capital Partners Chalsys Capital Partners has appointed General Sir Mike Jackson as a special adviser, effective immediately. Jackson will provide specialist advice on renewable energy investments at the investment firm focused on clean tech, green infrastructure and natural resources. Jackson served as the UK’s chief of the general staff 2003-2006 after 45 years in [...]
BEST OF THE BROKERS February 21, 2011 AVIVA JP Morgan Cazenove (JPM) rates the insurer “overweight” with a 524p target price. The broker expects continued momentum when the firm reports its full-year earnings on 3 March and hopes Aviva will focus on highlighting its upside risks to investors. JPM expects a 23 per cent earnings rise in 2010, with a six per [...]
Libya in turmoil as hundreds die February 20, 2011 VIOLENT protests in Libya threatened to spiral out of control yesterday, with hundreds reported dead and Colonel Gaddafi’s 42-year reign under serious threat. Gaddafi’s son Saif al-Islam attempted to calm protesters, promising “reform and democracy” and blaming foreign instigators and radicals for the outbreaks of violence. He said: “They have started a campaign to bring [...]
G20 bows to Chinese demands February 20, 2011 CHINA forced a series of tough concessions from the G20 over the weekend as finance leaders thrashed out which indicators should be used to measure risks to the global economy. The talks were overshadowed by the feud between China and the US over the Eastern power’s perceived manipulation of its exchange rate to devalue the [...]
Tough talks ahead for G20 February 20, 2011 THE hard-fought compromise may have saved this weekend’s G20 meeting from complete failure by winning Chinese backing for a set of indicators on economic imbalances, but the divided group faces a tougher task ahead in agreeing on how to use the list. Members of the G20 will come together again in Washington in mid-April, at [...]
