I recreated all my favourite TV tropes, from crawling through pipes to being two kids in a trenchcoat
FTSE 100 down as Eurozone outlines banking supervision rules December 13, 2012 The leading share index was trading around 0.2 per cent down this morning, as Europe finance ministers clinched a deal to give the European Central Bank new powers to supervise Eurozone banks from 2014. Energy services firm Wood Group was the biggest blue chip faller, sinking more than 2.5 per cent in early deals. In [...]
Fracking to resume in the UK December 13, 2012 The government confirmed this morning that fracking would return to the UK with immediate effect. Fracking, the process of exploring shale gas, was temporarily banned in in the UK since last summer, after earth tremors were measured near a drilling site close to Blackpool. Energy secretary Ed Davey this morning said the government was lifting [...]
HMV warns on covenant breach December 13, 2012 High street retailer HMV this morning warned that it was likely it would breach its covenants at the end of January, due to difficult trading conditions. “Current market trading conditions result in material uncertainties facing the business,” the entertainment retailer said in its interim results statement this morning. HMV said it was in “constructive discussions” [...]
Europe agrees ECB as chief bank watchdog December 13, 2012 European ministers clinched a deal this morning to give the European Central Bank (ECB) new powers to supervise Eurozone banks from 2014, paving the way for a banking union. Following marathon talks that finished before dawn this morning, EU finance ministers agreed that at least 150 of the Eurozone’s biggest banks will be directly overseen [...]
BG appoints oil veteran Chris Finlayson as new CEO December 13, 2012 BG Group this morning appointed Chris Finlayson as its new chief executive, to begin his role in January. Finlayson is currently managing director of BG Advance and has over 35 years of experience in the oil and gas industry. He joined BG Group in 2010 from Shell. Sir Frank Chapman, current head of BG Group, [...]
Fed targets jobs as it doubles QE December 12, 2012 THE US Federal Reserve sailed further into uncharted waters last night, announcing an extra $45bn (£27.9bn) a month of monetary stimulus and an unprecedented plan to keep its ultra-loose policies running until it hits a new employment target. Chairman Ben Bernanke has driven the Fed through an exceptional period of cash creation and quantitative easing [...]
JP’s Dimon: Don’t dictate our salaries December 12, 2012 CAPPING bank bonuses is the wrong way to promote equality, JP Morgan chief Jamie Dimon said yesterday, arguing politicians should put more effort into helping the most deprived if they want to make a positive difference. “I don’t like the fact that we have increased inequality in the US. But you’d better be careful if [...]
Porsche races ahead with record sales December 12, 2012 ICONIC carmaker Porsche has already broken its previous record for annual sales, selling over 10,000 cars more than the whole of last year. A total of 128, 978 vehicles were sold in the 11 months to November, beating the 118, 868 sold in 2011. November sales alone were up 39 per cent on 2011 sales. Demand [...]
Former regulator Sants takes up job at Barclays December 12, 2012 FORMER financial watchdog Hector Sants is joining Barclays as its head of compliance. Sants, who left the Financial Services Authority in June, had been scoping out new roles at both Barclays and Deloitte. He will take up his new position on 21 January, having already secured FSA approval for his appointment. The 56-year-old will also [...]
London finishes the year with a last minute flotation flurry December 12, 2012 Weather permitting, Veysel Aral and his team will be at the offices of the London Stock Exchange on Monday morning to celebrate a coup. For Aral has become the latest of an elite batch of chief executives who have managed to float their companies on the London Exchange’s main market this year Aral runs Kcell, [...]
