Marius Kloppers picks up £10m for his final year at BHP Billiton September 25, 2013 BHP BILLITON’S outgoing chief executive Marius Kloppers will take home $16m (£10m) in his last year working for the FTSE 100 mining giant, according to the annual report released yesterday. A swathe of management changes were made across the mining industry after the commodities boom ended and executives were blamed for their companies’ respective failures. [...]
Not convinced? September 23, 2013 TRY THESE INSTEAD Ferrari 458, £178,526 Ferrari’s most beautiful car in recent years is a step up price-wise (you can easily the spec the car to above £200,000), though you’ll be pleased to hear it comes with carbon ceramic brakes as standard. Powered by a 570bhp 4.5-litre V8 petrol engine, 0-62mph takes just 3.4 seconds [...]
Ex-Rio chief Tom Albanese joins Vedanta September 16, 2013 TOM ALBANESE has been hired for a senior advisory role at Vedanta Resources, returning to the mining sector after being ousted from Rio Tinto earlier this year. The India-focused resources group said yesterday that Albanese has been hired as chairman of Vedanta Resources Holdings, a subsidiary of the FTSE 100 company. In his new role, [...]
Who said Volvos were boring? September 16, 2013 Volvo’s new V60 Plug-In Hybrid is proof that sensible and cool are not mutually exclusive THERE was a time when the Volvo estate was thought of as the most sensible car imaginable, a large, boxy family vehicle parked outside a semi-detached house on a suburban cul-de-sac awaiting its sole function; ferrying children about as safely [...]
Not convinced by the Volvo V60 Plug-In Hybrid? September 16, 2013 TAKE A LOOK AT THESE ALTERNATIVES BMW ActiveHybrid 3 SE, £40,560 A powerful hybrid at its fastest. BMW has combined a 306bhp 3.0-litre turbo petrol engine with an electric motor, so total output is a massive 340bhp. This translates into a 0-62mph time of just 5.3 seconds and a top speed of 155mph. Unless you [...]
London Report: Blue chips end higher despite airline plunge September 4, 2013 THE FTSE top 100 steadied yesterday, paring early losses after a stronger open in the United States but dogged by an airline sector weakened by a profit warning from budget carrier Ryanair. The FTSE 100, which had been 0.6 per cent lower at midday, retraced its losses entirely in the first hour of trading on [...]
A hot hatch with big shoes to fill September 3, 2013 It may be nippy, zippy and comfortable too, but can the Peugeot 208 GTI live up to the iconic 205? IS IT fast?” was the first thing my friend Dave said when I pulled up in the new Peugeot 208 GTI. He wasn’t the first to ask either. Peugeot’s designers have done an excellent job [...]
Not Convinced? September 3, 2013 HERE ARE SOME ALTERNATIVES VW Polo GTI 1.4 TSI DSG, £19,570 If you feel nostalgic about the first Golf GTIs, perhaps this Polo GTI is a better option. It’s only got a 1.4-litre engine that delivers just 177bhp, but it still gets up to 142mph and can hit 62mph in 6.9 seconds. It’s a good-looking [...]
Cameron will look back on this vote as a political blessing August 29, 2013 SO THE heir to Blair, who seemed so keen to intervene in Syria, has been stopped in his tracks. Prime Minister David Cameron came home early from his holiday to persuade parliament of the need for action against Syria and in the end received a bloody nose himself. It might not look great for him [...]
London Report: Vodafone talks power rebound for FTSE shares August 29, 2013 BUMPER gains among telecom stocks powered a rebound in UK shares yesterday after Vodafone confirmed it was in talks with Verizon to sell out of its US joint venture. The FTSE 100 closed up 0.82 per cent, or 52.99 points at 6,483.05, bouncing back again after falls over the last two days. Vodafone jumped 8.2 [...]