London Bridge traffic chaos after horror crash June 2, 2011 A woman has suffered life-threatening injuries after a collision with a motorcyclist on London Bridge. The police and ambulance service were called to the south end of the central London crossing at about 8.40am. The air ambulance took the woman to an east London hospital and the motorcycle rider was taken to another hospital suffering [...]
UK economy in construction boost June 2, 2011 Activity in the construction sector picked up faster than expected in May, helped by a strong rise in new orders, a survey of purchasing managers by Markit/CIPS showed on Thursday. The Markit/CIPS headline construction PMI index rose to 54.0 in May from 53.3 in April. Economists had forecast a modest pick-up to 53.6. The survey [...]
Google points finger at China over Gmail hacking June 2, 2011 Suspected Chinese hackers tried to steal the passwords of hundreds of Google email account holders, including those of senior US government officials, Chinese activists and journalists, the Internet company has claimed. The perpetrators appeared to originate from Jinan, the capital of China’s eastern Shandong province, Google said. Jinan is home to one of six technical [...]
Asos profit up 41pc June 2, 2011 Online fashion firm ASOS posted a 41 per cent rise in year profit, boosted by international expansion, and said it was on track to deliver on a plan for £1bn of sales by 2015. ASOS, which targets internet-savvy 16 to 34-year-old women looking to emulate the designer looks of celebrities like Kate Moss, Sienna Miller [...]
Kingfisher in 19pc profit surge June 2, 2011 Warm weather and a drive to improve profit margins helped Kingfisher, Europe’s biggest home improvement retailer, to post a 19 per cent rise in first-quarter profit, broadly in line with expectations. The group, which runs market leader B&Q in Britain as well as Castorama and Brico Depot in France and elsewhere, said on Thursday it [...]
Kingfisher in 19pc profit surge June 2, 2011 Warm weather and a drive to improve profit margins helped Kingfisher, Europe’s biggest home improvement retailer, to post a 19 per cent rise in first-quarter profit, broadly in line with expectations. The group, which runs market leader B&Q in Britain as well as Castorama and Brico Depot in France and elsewhere, said on Thursday it [...]
STORM CLOUDS GATHER OVER THE ECONOMY June 2, 2011 ■ Slowest US and UK factory activity since September 2009 ■ Inflation pressures start to feed through into British wages ■ Yields on 10-year US government bonds fall to three per cent STORM clouds gathered over the global economy yesterday, as a raft of gloomy data poured doubt on the strength of the UK and world [...]
TMX details failed merger June 2, 2011 TMX, Canada’s leading stock exchange operator, held talks with a third party for nearly a year before they were derailed by regulatory and valuation concerns and before more fruitful talks ramped up with London Stock Exchange (LSE). According to a management information circular yesterday, which urges shareholders to approve LSE’s takeover proposal, TMX said it [...]
Recovery enters an uncertain phase June 2, 2011 FOR the first time for almost 18 months, I’m worried about the economic recovery. A number of key UK and global indicators released yesterday suggest that the Western nations are slowing again, with Britain not immune from the bad news. The biggest change seems to be a slowdown in manufacturing: after powering the global bounce-back [...]
Deloitte chooses chairman June 2, 2011 DELOITTE Touche Tohmatsu is preparing to name its new international chairman today, expected to be Steve Almond, a long-time managing director of its global division. He will take over from John Connolly, who has just left the role, at a time when the audit industry is facing legal challenges and regulatory hurdles. Recently in the [...]
