Heineken clinches Mexican can and bottle maker sale for $1.2bn September 1, 2014 Dutch brewer Heineken has agreed to sell its Mexican packaging business Empaque to Crown for $1.23bn (£739m) including debt, shedding a non-core business it acquired when entering the Mexican market in 2010. The world’s third-largest beer maker said yesterday the sale would allow it to focus resources on brewing and marketing its lagers, ales and [...]
Children to study computer programming and financial numeracy as new subjects added to school timetables August 31, 2014 Thousands of children as young as five will return to school this week to find a new subject added to primary and secondary school timetables as the government introduces computer programming and financial numeracy. England will become the first G20 country to teach programming in the classroom, a move that it is hoped will modernise [...]
Adtech firm Crossrider preparing to raise $75m in London listing August 31, 2014 CROSSRIDER, the advertising business owned by Israeli billionaire Teddy Sagi, is reportedly preparing for a London float that could value it at as much as $250m (£150m). The listing would be Sagi’s third in the last decade, having floated gambling software firm Playtech in 2006 and online payment processor SafeCharge earlier this year. Crossrider, whose [...]
BBC Trust go for Rona Fairhead – its first female chair August 31, 2014 Former Financial Times Group boss Rona Fairhead will become the new chairman of the BBC Trust, the government announced yesterday. Yesterday culture secretary Sajid Javid announced Fairhead was the preferred candidate to replace Lord Patten, who stepped down in May due to ill health after three turbulent years overseeing the broadcaster. Fairhead, 53 [...]
Apple mulling $400 price for its iWatch ahead of mystery launch August 31, 2014 Apple is reportedly considering a $400 (£240) price point for its upcoming wearable device due to be unveiled, along with two new iPhones, next Tuesday. Executives at the tech titan are said to be still finalising pricing for the so-called iWatch, which is not expected to go on sale until early 2015, according to tech [...]
3i poised to bid for media data group Gorkana August 31, 2014 FTSE-100 listed private equity outfit 3i is understood to be considering a bid for Gorkana Group, the media information and PR group owned by Exponent. Gorkana operates a media database, with contact details of journalists and public relations advisers. It also offers social media monitoring and press cuttings, generating profits of £15m-£16m in its most [...]
Apple unveils its next big thing on 9 September August 28, 2014 TECHNOLOGY titan Apple sent out cryptic event invitations last night for what is widely expected to be its unveiling of two new iPhones, and possibly its first foray into the wearable technology space its long-awaited smartwatch. On its invitation the iPhone-maker teases: “Wish we could say more” on a simple black and white background with [...]
Markets wobble as Obama looks to push sanctions against Russia August 28, 2014 US PRESIDENT Barack Obama yesterday said the US would look for ways to expand economic sanctions on Russia, after Kiev accused Moscow of moving troops into south eastern Ukraine. But he stopped short of calling the recent Russian aggression an invasion. US stocks edged lower as growing tensions snapped focus back to the volatile region, [...]
Scottish businesses vote Yes for independence – the large and the small August 28, 2014 More than 200 Scottish business leaders yesterday published a letter in support of Scotland leaving the UK, one day after a rival group of 130 leaders had backed keeping the Union. The letter was signed by some prominent figures including Stagecoach chair Sir Brian Souter and the former boss of William Hill, Ralph Topping. But critics [...]
CSR share price jumps 35pc after rejecting Microchip offer August 28, 2014 British microchip firm CSR yesterday knocked back a takeover approach from US rival Microchip Technology, saying it would have to up its offer, boosting CSR’s shares 35.6 per cent. CSR specialises in connectivity with its chips used in products such as speaker docks and the now Apple-owned Beats headphones. “The price proposed by [...]
