Italy at heart of fresh Eurozone crisis fears October 28, 2011 Euphoria from this week’s Eurozone debt deal has evaporated after Italy’s latest bond auction as a lack of appetite for its ten-year bonds forced it to pay record yields to get the sale off the ground. In a sign of market scepticism that the Eurozone is safe from further debt problems, Italy had to sell [...]
Euro exuberance pushes the FTSE near three-month high October 27, 2011 BRITAIN’S top share index jumped to a near three-month high yesterday as bullish investors uncorked their champagne bottles and toasted Europe’s plan to tackle its debt crisis. The upbeat news from Europe boosted appetite for riskier assets such as banking and commodity stocks, which helped the UK’s benchmark index surge 160.58 points or 2.9 per [...]
FTSE 100 climbs on hopes EU summit will tackle crisis October 26, 2011 BRITAIN’S leading share index last night reached its highest closing level for two-and-half months. Defensive stocks performed well as investors awaited the outcome of a European Union summit, which opened last night, to resolve the two-year-old sovereign debt crisis. Investors also rewarded companies reporting strong figures in a patchy quarterly results season, with BG Group [...]
CITY MOVES | WHO’S SWITCHING JOBS October 23, 2011 Little Chef The roadside chain has appointed Graham Sims as its new chairman. Sims is currently chief executive of Qunatilis, a non-executive board member at the UK Border Agency, and chairman of Kensington Consultancy Group. Earlier in his career, he spent seven years at BP, rising from operations manager for Portugal to UK retail managing [...]
France better on day but all credit to New Zealand October 23, 2011 YOU can’t contemplate how big an achievement it is to win a World Cup with your fourth choice fly-half. Not only have New Zealand been the best team for the last four years and at this tournament, they have also had to overcome so many setbacks. They deserve all the credit that they get. It [...]
Aviva cuts 950 Europe jobs as profits wane October 20, 2011 AVIVA will cut nearly 1,000 jobs from its European operations and bring Ireland within its UK business to revive the group’s profitability. Aviva said it would reduce its headcount in Ireland by about 770 – close to half its 1,770 staff – as well as 180 from its European regional operations over the next two [...]
PWC HOSTS AWARDS TO MARK BEST PRACTICES October 13, 2011 AS anyone who’s attended a City awards ceremony will know, it’s often hard to keep the attention of a room full of businessmen and women who are used to being online 24/7. But ITN news anchor Mary Nightingale had no such trouble on Wednesday night when she hosted the 9th annual PwC Building Public Trust [...]
Ireland handed Estonia draw October 13, 2011 FOOTBALL: The Republic of Ireland will take on Estonia in the Euro 2012 play-offs. Estonia are at home for the first leg on 11/12 November. The return leg will take place at the Aviva Stadium in Dublin on 15 November.
Colfax stalls Charter offer for one week October 10, 2011 ENGINEERING group Charter International had to delay giving shareholders the full details of the offer from US buyer Colfax for another week, it said yesterday. Charter’s board was due to publish the full scheme of arrangement for the takeover yesterday but it asked the Takeover Panel to grant it another week’s grace as it finalises [...]
Keane injury adds further complications for Ireland October 10, 2011 REPUBLIC of Ireland striker Robbie Keane has been ruled out of tonight’s pivotal Euro 2012 qualifier against Armenia at the Aviva Stadium. Giovanni Trapattoni’s side need just a point to guarantee a play-off spot, but victory coupled with Andorra securing an unlikely win over Russia would see Ireland qualify outright for their first major tournament [...]