Colfax gets yes vote to buy Charter November 14, 2011 SHAREHOLDERS in engineering group Charter International accepted the £1.5bn takeover offer from US rival Colfax yesterday in two votes showing majority support for the cash and shares deal. More than 91 per cent of shareholders equivalent to nearly 88 per cent of all voting rights voted to accept a 910p per share offer from Colfax, [...]
FTSE falls as Italian bond yields take toll November 14, 2011 European markets were jittery as investors watched a radical overhaul of the political hierarchies in Italy and Greece aimed at ushering in a new economic dawn in the Eurozone. Italy’s president asked former European commissioner Mario Monti on Sunday to form a government, while Greece’s new Prime Minister Lucas Papademos, a former central banker who [...]
England can’t afford to overlook Farrell November 13, 2011 IT’S BEEN a terrific start to the season here at Saracens and I was delighted to see the side carry their domestic form into the Heineken Cup yesterday. Treviso are a powerful side with a finely tuned set-piece, so to run in five tries and gain a bonus point was a marvellous achievement. Owen Farrell [...]
Given seeks a career highlight with Dublin win November 10, 2011 IRELAND goalkeeper Shay Given hopes to celebrate the greatest moment of his illustrious career by sealing qualification for Euro 2012 in front of a home crowd in Dublin next week. Giovanni Trapattoni’s men face Estonia in the first leg of their play-off in Tallin tonight before the return at the Aviva Stadium on Tuesday. Given [...]
CITY MOVES | WHO’S SWITCHING JOBS November 8, 2011 Cushman & Wakefield The property consultant has appointed business consulting real estate executive Neil McLocklin as a partner and head of its EMEA business consulting group, based in London. He joins from Capita Symonds, where he was director of consultancy and advisory services. In addition, Elizaveta Shaforostova will transfer to the London team from C&M’s [...]
CITY MOVES | WHO’S SWITCHING JOBS November 7, 2011 RFC Group John Harrison, who retired as a managing director of Numis Securities last month, has been named as chairman of Ambrian Partners, subject to completion of RFC’s acquisition of 100 per cent of Ambrian’s share capital. Harrison joined Numis in 1994 following a career at Lloyd’s of London. Since 2003, he has led the [...]
Aviva meets targets but sees capital surplus fall November 3, 2011 EUROPE-focused insurer Aviva met forecasts for both its savings and personal insurance businesses yesterday and sought to dispel concerns about its Eurozone debt holdings. Life and pensions sales fell ten per cent to £20.9bn in the first nine months of the year compared to a year ago, as it cut back on capital-intensive products. Sales [...]
FTSE weak as investors eye G20 November 3, 2011 The FTSE 100 tracked falls in Asia as leaders of the world’s biggest economies gathered in France for a G20 summit set to be dominated by the threat of Greece falling out of the Eurozone. The leaders of France and Germany, angered at Greece’s shock move to call a referendum on its latest bail-out plan [...]
Aviva life sales dented by Europe crisis November 3, 2011 British insurer Aviva said its life insurance sales fell in the first nine months of the year, reflecting tough conditions in its key European markets and a decision to walk away from less profitable business. Aviva, Britain’s second-biggest insurer, had life insurance sales of £23.6bn in the nine months to 30 September, down eight per [...]
Life insurers to see sales fall on tough economy October 30, 2011 ECONOMIC gloom and a tough three months for financial markets are expected to take their toll on life insurers’ third-quarter sales figures due in the coming weeks, analysts said yesterday. Only a few insurers with a foothold in popular niche markets are expected to outperform, but these will see double-digit sales increases, they said. “Figures [...]