Heineken share price soars as the Dutch brewer toasts first quarter sales triumph and beats analyst expectations April 20, 2016 Dutch brewer Heineken's share price has soared after the brewer swept ahead of analyst expectations in its first quarter results, where it received one-off sales boosts from the Vietnamese and Chinese New Years and an early Easter. The figures Heineken's share price jumped 4.7 per cent to an all-time high of €86.95 this morning after the lager giant reported [...]
I have no love for the EU – but leaving would only undermine the UK’s vibrant startup ecosystem April 20, 2016 They say the convert makes the strongest evangelist. As a naturalised Brit who has called London home for almost his entire working life, I feel a particular passion for the United Kingdom. I think we live in one of the greatest countries the world has ever known, and I am hugely bullish about our future. [...]
Port Talbot steelworks set to be bought by management according to reports – while unions agree pay cut ahead of sale of Tata’s Scunthorpe steel plant to Greybull Capital April 19, 2016 The troubled Port Talbot steelworks may be saved as management step up with an offer. Stuart Wilkie, managing director of Tata Strip Products UK, is reported to be leading a management buyout of the plant. Tata's decision to sell its UK operations put 4,000 jobs at Port Talbot alone at risk, and some put the total [...]
More proof Apple’s iPhone sales are stalling April 19, 2016 Have we reached peak Apple? The tech firm warned at the start of the year that its sales would slow, and now new research is out showing that has indeed come to pass. Shipments fell more than 43 per cent to 42m at the start of the year from 75m at the end of 2015, according to research [...]
What to expect Mark Carney to be grilled about by the House of Lords today – from Brexit to current account, inflation and Panama Papers April 19, 2016 The most watched man in Threadneedle Street will trundle over to SW1 today to face his annual grilling from the House of Lords Economic Affairs Committee. That’s right, the governor of the Bank of England, Mark Carney, will be up against 13 of the Lords’ sharpest minds, all desperate to peer into the soul of [...]
Rio Tinto lowers 2017 iron ore guidance due to delay of its driverless train system AutoHaul April 19, 2016 Rio Tinto has cut its 2017 production guidance but posted year-on-year gains. The figures Global iron ore production for the first quarter of the year were reported at 84m tonnes, up 13 per cent from last year. However, the figure for first quarter iron ore production represents a four per cent fall compared to the last [...]
How Brexit would affect the UK’s pharma, auto, financial services, digital, professional, steel and aerospace sectors, according to the Treasury April 18, 2016 The Treasury's 200-page report on the impact of a Brexit on the UK economy looks at exactly how bad things could get for certain sectors. You might not agree with it, but this is what the government's bean counters estimate will happen to some of the country's biggest and most important industries. Pharma The sector, [...]
Oil and gas execs flag Opec policy as biggest risk to the industry April 18, 2016 The majority of senior oil and gas executives have singled out Opec policy as the biggest risk currently facing the struggling industry. Around 74 per cent of senior international oil and gas execs think Opec policy is the most significant geopolitical concern for the industry, according to research by global law firm Clyde & Co. Read more: Doha oil production freeze talks end [...]
EU referendum and Brexit risk low priority for dealmakers in global M&A survey April 18, 2016 The prospect of a Brexit is a low-priority risk for global dealmakers, a new mergers and acquisitions (M&A) report suggests. Research by law firm Herbert Smith Freehills (HSF) also found global appetite for M&A has been largely unaffected by economic volatility in 2016. Read more: Mr Kipling owner not tasty enough for McCormick after all The authors of [...]
17 psychological tricks to make people like you immediately April 15, 2016 Most friendships develop so naturally that you don't even realise how or when they started. Sometimes, though, you want to make an effort to befriend a new acquaintance or become a better friend to existing pals. To help you out on that front, we scoured the psychological research to find science-backed strategies to get people [...]