GE talking to Comcast over NBC Universal October 1, 2009 GENERAL Electric is understood to be holding talks to sell 51 per cent of NBC Universal to Comcast, which would pay up to $7bn (£4.4bn) in cash and contribute some programming assets to the new, jointly owned company. GE, which owns 80 per cent of NBC Universal, is considering a host of proposals for NBC [...]
Private equity shows signs of recovery next year September 30, 2009 AS WE move into the fourth quarter, prospects for private equity look promising as capital markets and the economy stabilise. But, as firms turn their attention to strategy for 2010, is it too early to be talking about a full-scale revival in the industry next year? One man thinks not. Bob Henry at small buyout [...]
Technologygives your trading a head start September 28, 2009 THESE days, contracts for difference (CFDs) are most often seen as an efficient way of opening positions and building positions that are held for several months. At the moment, though, with crystal balls in short supply and the future uncertain, traders might be wary about making trades that rely on predicting trends. Which is why [...]
The time is ripe to take the plunge into the Cotswolds September 24, 2009 FOLLOWING a tough year when the market has been in the doldrums, the Cotswolds – the perennial favourite area for City workers’ second homes – are back in the swing of things. The problem for those who yearn to own a property in those picturesque old wool villages is that they just don’t often come [...]
POUND-EURO PARITY COMES EVER CLOSER September 23, 2009 JANE FOLEYRESEARCH DIRECTOR, FOREX.COM ALMOST a year after the pound touched parity with the euro, the recent rapid drop in the value of the pound has raised speculation that euro-sterling could see parity again in the not too distant future. Sterling-dollar – cable – is also at risk of even more losses now that it [...]
100 per cent mortgages return September 21, 2009 Mansfield Building Society has begun offering a 100 per cent mortgage to first-time buyers who want to buy a home with a housing association.
Official data indicates further stability for UK housing market September 15, 2009 HOUSE prices rose 1.9 per cent in July on the previous month but were still 8.3 per cent less than they were in July 2008, data from the Department of Communities and Local Government (DCLG) revealed yesterday. The less volatile measure of the three months to July showed that house prices rose 2.1 per cent [...]
At auction, there are bargains for cash-rich buyers September 10, 2009 PROPERTY prices might well be looking up at the moment, but the market is still gridlocked. Buyers struggling to get mortgages and others worried that they might lose their jobs. It’s no fun being in a chain right now. Which is why auctions are becoming more popular. Gary Murphy, partner and auctioneer at Allsop, which [...]
Suntory is in talks to snap up Orangina September 10, 2009 JAPANESEbrewer Suntory is in talks to snap up Orangina for at $2.6bn (£1.6bn) as it looks to grow oversees and offset the effects of the rapidly ageing population at home. Privately held Suntory, itself in talks to be sold to bigger rival Kirin, would likely pay more for Orangina than the $2.6bn that Blackstone and [...]
Housing market no longer over-valued September 8, 2009 AT this rate, City A.M. will soon be able to ditch the “Beating the Blues” puff we run every day on our front page. We introduced it during the depth of the recession to emphasise that even though the economy was going to hell in a hand-basket, and life had become truly grim for our [...]