Virgin rolls out fastest broadband December 8, 2010 Virgin Media has started selling its new 100mbps broadband service. Customers in some locations can now sign up to the superfast service for £35 a month. Virgin says the service should be available across its network by mid 2012. It added that the service has the potential to carry speeds of up to 400mbps in [...]
A winning investment in Russia ETFs December 8, 2010 BARING Asset Managers were probably the only people in England to find an upside to Russia winning the bid to host the 2018 World Cup last week. They believe that the win offers us a better case for investing in the emerging giant. Indeed, the improved infrastructure and reputation that comes with hosting the Cup [...]
THE TIPSTER December 8, 2010 Retailers have had mixed results recently with supermarket Tesco announcing bumper numbers and Game Group doing the opposite. HMV steps up to the plate today and investors will want to know if the Christmas season is providing a welcome uptick in sales. The share price has performed poorly so far in 2010 but it seems [...]
Stagecoach targets new franchises December 8, 2010 TRANSPORT group Stagecoach is hoping to cash in on the government’s rail industry shake-up as it beat forecasts with a 43 per cent rise in first-half profit. The bus and train operator, led by Brian Souter, said it may bid for new longer franchises as part of a review unveiled by ministers yesterday to help [...]
Carillion eyes support services as governments slash spending December 8, 2010 BUILDING and support services company Carillion plans to double revenue from its international business and expand its UK support services arm as governments look to cut costs by contracting out more services. Carillion said its Middle Eastern construction business had done well and annual earnings were on track to meet hopes. The firm works in [...]
LISTED PRODUCT NEWS December 8, 2010 HSBC UNVEILS NEW TURKEY ETF HSBC yesterday listed its MSCI Turkey exchange-traded fund (ETF), expanding its range of exchange-traded funds on offer in Europe to 12. The ETF offers exposure to the total return performance of the MSCI Turkey Index. Like all other HSBC ETFs, the Turkey product will employ physical replication. It has a total [...]
BAE set to axe up to 1,350 jobs December 8, 2010 DEFENCE group BAE Systems is poised to axe up to 1,350 jobs across the UK today. The move, which follows the government’s October defence review and its decision to scrap the Nimrod and Harrier jets, will largely affect the company’s Woodford plant near Stockford, where the Nimrod was assembled. Around 700 jobs are set to [...]
ArcelorMittal to offload division December 8, 2010 ARCELORMITTAL is de-merging its stainless steel arm in a move tipped to spark industry consolidation. The steelmaker, created when India’s Mittal bought European rival Arcelor in 2006, will issue one share for each 20 in the unit early next year. ArcelorMittal said in July it might spin off stainless steel after seeking a merger to [...]
Christmas networking tips December 8, 2010 NETWORKING GURU IT’S party season: your best chance in the whole year to make new contacts. Here are five steps to better networking. 1. SMILE. “It makes you both more relaxed and positive,” says networking expert Daphne Thissen. Also, keep eye contact when talking, and respond to what people are saying. “It makes people feel [...]
Gender pay gap narrows December 8, 2010 WOMEN’S pay packets are catching up with those of their male counterparts, the government said yesterday. The gender pay gap fell to 10.2 per cent in April, down from 12.2 per cent the previous year – the sharpest fall since the measure began in 1997. Women’s hourly pay increased by 2.6 per cent during the [...]
