Spain close to ratifying labour reforms designed to cut rising unemployment June 21, 2010 SPAIN’S parliament is expected today to ratify labour reforms seen as key to restoring economic health to a country crushed by unemployment, giving breathing space to the jaded ruling Socialists. A €15bn (£12.5bn) austerity bill managed to scrape through parliament last month by just one vote, narrowly averting a vote of no-confidence for Prime Minister [...]
Don’t let a band of thieves ruin your World Cup June 21, 2010 WORRIED about invaders while you’re watching the World Cup? Set up your own CCTV network, which you can watch from the pub. Here are some of the easiest systems. D- Link Wireless Camera £100 www.d-link.co.uk Wireless cameras are easy to install. Connect the camera to your computer, then insert the CD and follow the steps. [...]
Employers to stop staff watching England game June 21, 2010 MOST company bosses in London are not planning to allow their staff to watch England’s crucial World Cup clash against Slovenia tomorrow, despite warnings of mass “sickies” if employees are forced to stay behind their desks. A survey by the London Chamber of Commerce and Industry yesterday revealed that 62 per cent of employers do [...]
JP Morgan comms head to join Goldman in the US June 21, 2010 DAVID Wells, the head of communications for JP Morgan in Europe, is leaving the investment bank to move over to Goldman Sachs in the US. Wells will report to Goldman’s chief spinner Lucas van Praag, who has been steering the bank through one of the rockiest periods in its history following America’s Securities and Exchange [...]
Domino Printing sees profit surge June 21, 2010 Domino Printing Sciences yesterday posted a 65 per cent rise in first-half underlying pre-tax profit and said strong levels of demand had been continuing through spring. The company, whose printers are used for stamping barcodes and best-before dates on food, drinks and other products, raised its interim dividend by 20 per cent to 5.48p. “Domino [...]
Chaarat Gold closer to Kyrex bid June 21, 2010 Chaarat Gold Holdings is set to post an offer document relating to its proposed share-for-share acquisition of private exploration firm Kyrex, which operates in the Kyrgyz Republic. The firm said its acquisition would add exploration projects to its portfolio at the same time as developing its core Chaarat gold project towards production.
Eckoh narrows pre-tax losses June 21, 2010 Speech recognition specialist Eckoh said it has narrowed annual pre-tax losses to £197,000 as it reported an adjusted pre-tax profit of £0.7m yesterday. Turnover for the year rose to £7.9m, up from £6.7m. Chief executive officer Nik Philpot said the firm has been able to build on good progress made last year, when the firm [...]
Gemstones, vibrations and pumpkin enzymes June 21, 2010 SJAL is a new eco-luxury line from the States and it sounds, in all honesty, a little bit whacky. According to its bumph, it “integrates elements of Chinese, Tibetan, Ayurvedic, homeopathic and vibrational medicine, with the latest innovations in biotechnology and bio-osmotic power”. Not bad for a few pots of cream. Nevertheless, it’s lovely stuff, [...]
AIG’s $2.2bn Taiwan unit sale extended June 21, 2010 Bailed out insurer American International Group (AIG) and China Strategic Holdings have agreed to extend the deadline for completing AIG’s planned $2.2bn (£1.5bn) sale of its Taiwan unit. While the extension could help AIG and its buyers address concerns from Taiwanese regulators, the longer the transaction is stretched out the less likely it will succeed. [...]
CITY MOVES | WHO’S SWITCHING JOBS June 21, 2010 Northern Trust The investment manager has appointed John Krieg to its London subsidiary, Northern Trust Global Investments, as managing director for the Europe, Middle East and Africa region. Krieg joins from the group’s HQ in Chicago, where he was head of global investment product management. Prior to joining Northern Trust in 2002, he was director [...]
