Microsoft share price up as revenue grows 25pc in third quarter October 23, 2014 Shares in Microsoft went up by 2.1 per cent to $45 in after-hours trading this evening, after the multinational software giant reported a strong performance across its commercial and consumer businesses for the third quarter. Revenue for the company was $23.2bn (£14.5bn) during the three months to 30 September – a 25 per cent increase [...]
Is there a cure for Ebola? These three companies are racing to create a vaccine against the deadly virus October 23, 2014 As the death toll from Ebola continues to rise in west Africa, the pressure being placed on pharmaceutical companies to come up with a cure for the disease is mounting. According to estimates from the World Heath Organisation (WHO), the epidemic has already killed over 4,500 people in the region and the infection rate [...]
The power of the PowerPoint slide: Simple presentation effects can convince investors to invest October 23, 2014 Even among the most experienced investors, a thoughtfully placed information pyramid and the carefully timed disappearance of a thought bubble can work wonders in convincing them that a company is worth getting involved in. W. Brooke Elliott, a professor of accountancy at the University of Illinois, looked into the effect of corporate presentations [...]
NHS will face annual shortfall of £30bn without major services overhaul, health officials say October 23, 2014 The NHS needs extra cash and an overhaul of its services if it is to avoid a £30bn annual shortfall over the next five years, according to senior health officials. In a five year plan unveiled today, they said the next parliament would have to adopt measures such as introducing hospital services to GP [...]
Islamic banking UK: Islamic Bank of Britain re-branded to Al Rayan Bank as number of non-Muslim investors grows October 23, 2014 The Islamic Bank of Britain has unveiled plans to change its name to Al Rayan Bank, as it aims to increase its presence in London and acquire a wider range of customers. It will also update its logo and all other aspects of its brand identity across its website and UK branches. As long [...]
GSK healthcare spin-off ViiV could generate one of the biggest IPOs in history: Here are some of the most successful corporate spin-offs stories October 22, 2014 ViiV Healthcare could generate one of the biggest IPOs in history, if GSK decides to go ahead and make it a spin-off company. The pharmaceutical firm was created in 2009 as a joint venture between GSK and US firm Pfizer. It specialises in developing therapies for HIV and operates in 16 countries. With [...]
New SuperGroup chief executive Euan Sutherland gets golden handshake of almost 200,000 shares while share price continues to slide October 22, 2014 Euan Sutherland is being given a golden handshake of almost 200,000 shares by SuperGroup, following his appointment to the role of chief executive earlier today. He will take over from Julian Dunkerton, who founded the group’s fashion brand SuperDry. Dunkerton has been appointed to the role of product and brand director. Under the [...]
Lloyds job cuts: 9,000 to go in next three years as bank moves towards digital October 22, 2014 Lloyds Banking Group is set to cut 9,000 jobs over the next three years, amounting to a loss of over ten per cent of its workforce. An announcement next week will provide more detail on the cuts, which reflect the British bank's move away from consumer-facing services and towards digital banking. This will [...]
Why do women live longer than men? New study suggests Y chromosome puts some men at risk of disease October 22, 2014 In Europe, the average life expectancy of women is 7.5 years longer than of men, but the reason for this difference remains unknown. Now, researchers at Uppsala University in Sweden have made a discovery which sheds light on why men's health often deteriorates more quickly with age than women's does. Age-related loss of [...]
The importance of checking job application CVs: A quarter contain inaccuracies, study finds October 22, 2014 You've finally found the perfect candidate for a job you're trying to fill – they have an excellent degree, lots of experience in the right professional area, and a personality that fits into your organisation. It's much easier to welcome them on board right away than conduct background checks and risk losing them to [...]
