Jump in European sentiment builds January 28, 2010 ECONOMIC sentiment in the eurozone strengthened much more than expected in January and December while German unemployment rose less than forecast this month, data showed, pointing to continued economic recovery. A monthly survey by the European Commission (EC) showed the economic sentiment indicator for the 16-country area rose to 95.7 points — well above the [...]
Arsenal should have the edge in Emirates thriller January 28, 2010 ARSENAL VS MANCHESTER UNITED SUNDAY – 4.00PM, SKY SPORTS 1 THE next few weeks are absolutely crucial for Arsenal in their battle to win the Premier League title for the first time since 2004/05. They were disappointing at Stoke last weekend and although they hit the woodwork twice at Villa Park on Wednesday night, they [...]
Arden in £1m bonus payout as profits rise January 28, 2010 ARDEN Partners, the publicly-quoted stockbroker, is paying out up to £1m in bonuses after reporting profits of £2.2m, up from £2.1m in the previous year. Arden still does not know whether it will be caught by the government’s recent supertax on bank bonuses, which it estimates would cost it a maximum of £200,000. It will [...]
Trademark claim for Apple’s iPad January 28, 2010 APPLE could face a legal battle over its decision to name its new tablet computer; the iPad. Europe’s largest chipmaker STMicroelectronics trademarked the name for its proprietary semiconductor technology almost a decade ago, and has been using the name since. STMicro said yesterday it was “looking into the situation.” The news came as it emerged [...]
Consumer giants beat expectations as branded product sales increase January 28, 2010 Procter & Gamble and Colgate-Palmolive boosted sales of their brand name products in the last few months, convincing consumers to spend a little more with a bigger investment in advertising. A tentative recovery in consumer spending helped both consumer goods leaders post better-than-expected results. Profit at P&G, the maker of Tide laundry detergent and Pampers [...]
CITY VIEWS: WOULD YOU CONSIDER BUYING an iPAD? January 28, 2010 SCOTT DOWNIE | ANGLO IRISH BANK “I wouldn’t buy one myself. I own a Mac and an iPhone so it’s kind of irrelevant. Eventually, if they gave it the full capabilities of a laptop, I would buy it as it looks amazing and I like the touch screen aspect.” ROB HAYWOOD | LEGAL & GENERAL [...]
FTSE opens Milan office January 28, 2010 Global index provider, the FTSE Group, yesterday announced that it has opened a sales office in Milan in order to provide dedicated support to investors in Italy. The office, located in Milan’s financial centre, will be headed by sales manager Andrea Beretta. Beretta’s remit is to work closely with local market participants to ensure that [...]
Leisure & Gaming’s profits fall January 28, 2010 AIM-listed Leisure & Gaming yesterday revealed its unaudited results for the quarter ended 31 December 2009, showing a plummet in casino and a dip in sports betting revenues. Its gross profits fell to €1.8m in the fourth quarter to the end of December – down from €1.9m a year ago. Amounts wagered on sports betting, [...]
Beer sales begin to recover January 28, 2010 Beer sales are showing signs of recovery after the largest fall for two years, the British Beer and Pub Association (BBPA) said yesterday. Total UK sales for the last three months of 2009 were down 3.6 per cent on the same period in 2008, figures from the industry body revealed. This is the lowest fourth [...]
Ford is finally back to black January 28, 2010 FORD raced back to black as it announced full-year earnings of $2.7bn (£1.7bn) yesterday. The result is the first profit the troubled car maker has reported since 2005. The business now expects to make a make a “solid” profit over the next two years despite a slow recovery in US car sales. Revenue for the [...]