When unusual dinners turn into business ideas October 21, 2010 WHO on earth is born with Mexican restaurant chain abilities in their DNA?” asks Eric Partaker. He and Dan Houghton decided to make it part of theirs when they launched the Mexican restaurant chain Chilango. Neither are Mexican or had run a restaurant before. But they found they made a good team when working at [...]
Publicis doubles forecasts for the year on strong UK and US sales October 21, 2010 FRENCH advertising group Publicis beat forecasts yesterday by posting third-quarter sales of €1.32bn (£1.17bn), prompting the firm to almost double its growth forecast for the year to around six per cent. Maurice Levy, chief executive of the world’s third-largest ad group, said the economic recovery would continue to boost the ad sector next year, despite [...]
Hodgson slams Naples knife attacks on Reds fans after stalemate October 21, 2010 LIVERPOOL boss Roy Hodgson praised his travelling support after a 0-0 draw with Napoli overshadowed by the stabbing of four Reds fans. Six English and one Italian were hurt in a series of attacks in Naples in the lead up to last night’s Europa League fixture. “All I can say how grateful we are for [...]
Drinks offers give a boost to Luminar October 21, 2010 NIGHTCLUB operator Luminar said first half sales fell 21 per cent though recent trading had improved. Luminar, which runs the Oceana and Liquid nightclubs, said yesterday it made a pre-tax profit of £1.8m in the first half of the year, compared to a profit of £5.2m a year earlier. Sales were also down 16.9 per [...]
Hat-trick puts Adebayor in frame for Arsenal start October 21, 2010 MANCHESTER CITY (3) VS LECH POZNAN (1) MANCHESTER CITY boss Roberto Mancini hinted that Emmanuel Adebayor could start Sunday’s clash with Arsenal after his brilliant hat-trick demolished Lech Poznan. Adebayor faced widespread condemnation in the same fixture last season after kicking Robin van Persie in the face and running the length of the pitch to [...]
THE WORLD NEEDS MORE INNOVATION October 21, 2010 CAN you have too much innovation? You might be forgiven for thinking that you can, given that the financial meltdown was caused, in large part, by overenthusiasm for financial innovations such as collateralised debt obligations and credit-default swaps. Paul Volcker, the former chairman of the Federal Reserve, says he thinks the greatest financial innovation of [...]
CITY VIEWS: SHOULD THE GOVERNMENT STEP IN TO PROTECT BRITISH COMPANIES FROM OVERSEAS TAKEOVERS? October 21, 2010 ANINDYA ROY AVIVA “It’s not a fundamentally bad idea to allow overseas companies to buy British ones. We live in a globalised world. The inflows are good for the economy, but there is a balance to be made to protect the national interest.” CHARLES OPPENHEIM LOUGHBOROUGH UNIVERSITY “I have mixed feelings. When you think of [...]
BUTTON: DREAM IS STILL ALIVE October 21, 2010 MCLAREN driver Jenson Button insists he can resurrect his stalled bid to defend the world championship ahead of the Korean Grand Prix. Button, 30, is currently fifth in the drivers’ standings, 31 points behind leader Mark Webber, but the Englishman believes a strong finish in this weekend’s race could spark a dramatic climax to the [...]
HENSON’S RETURN IS LIKE RIDING A BIKE October 21, 2010 INJURY struck last weekend when Derick Hougaard hurt his Achilles in the defeat to Leinster and it has left us with no choice but to act. Our squad is a man down, so we need to replace him and will definitely bring in a new fly-half. Alex Goode will wear the No10 shirt tonight against [...]
Car makers report rise in production October 21, 2010 CAR production increased by 5.8 per cent in September compared with a year earlier, suggesting continued improvement in the motor industry, new figures showed yesterday. The Society of Motor Manufacturers and Traders (SMMT) said 126,548 cars were built last month, bringing the total so far this year to 937,891, a 35 per cent increase on [...]