Sainsbury wins shoppers over with coupons November 14, 2012 J SAINSBURY boss Justin King said the supermarket’s Nectar data and coupon-at-till scheme would give it the edge over rivals ahead of another competitive christmas, as it reported a rise in half-year profit. Britain’s third largest supermarket beat forecasts with a five per cent rise in first-half profit to £373m, driven by convenience store growth [...]
Asian ambition risks a Prudential departure November 14, 2012 PRUDENTIAL boss Tidjane Thiam failed in his bid for AIG’s Asian insurance arm AIA in 2010, but yesterday’s third quarter numbers show the insurer has not turned its back on Asia’s opportunities. Far from it, with the Asian part of the business showing £828m new business profit in the year to date, as against £683m [...]
Carphone Warehouse prospects brighten as it considers buyout November 14, 2012 SHARES in Carphone Warehouse hit their highest level since January yesterday as the mobile phone retailer said it may raise dividends next year, thanks to a sunnier outlook for handset sales. The company’s chief executive Roger Taylor also said that Carphone Warehouse could buy Best Buy’s stake in the two firms’ joint venture if a [...]
Give someone Opportunity this Christmas November 14, 2012 BEATRICE and her family are among the many that were helped by the money raised from the appeal last year. Full Name: Beatrice Boaten Gender: Female Age: 60 City, Country: Kumasi, Ghana Children: five aged 18 to 34 Husband: David, age 72 What type of business do you operate? I own a three acre cocoa [...]
Here we have the perfect charity for all our readers November 14, 2012 TODAY City A.M. is launching its annual Christmas appeal after an extremely successful debut appeal a year ago. As a newspaper that has become a standard bearer for private enterprise and individual responsibility, I’m delighted that we are continuing our partnership with Opportunity International, a brilliant charity that helps poor entrepreneurs worldwide build independent and [...]
City A.M.’s Christmas appeal outstripped most rivals in 2011 November 14, 2012 We hope to beat that this year and be the number one appeal LAST year’s City A.M. Christmas appeal raised almost £1.6m – a hugely generous showing by our readers and the second highest grossing Christmas newspaper appeal of 2011, according to industry estimates. The total from last year was, in part, made possible by [...]
Test form no comfort as England face series November 13, 2012 I EXPECT the England camp has mixed feelings going into this long-awaited series in India, because while the tour has gone reasonably well so far, their recent Test record does not offer much cause for optimism. On the positive side, England’s players will have enjoyed the rest that preceded this trip, while the tour itself [...]
Research in Motion to unveil latest BlackBerry in January November 12, 2012 BLACKBERRY maker Research in Motion (RIM) will unveil the next generation of its smartphones in January, the troubled Canadian company announced yesterday. The BlackBerry 10 (BB10) software, which has been repeatedly delayed by technical problems, will be a radical overhaul of the operating system used on its phones. RIM is pinning its hopes on the [...]
Waiting for a special delivery to bring home the goods November 11, 2012 THE Royal Mail’s privatisation has been lost in the post for too long to get your hopes up right now. But if Royal Mail delivers first class half-year results tomorrow, it will pave the way for an initial public offering (IPO) next year. The state postal giant, which employs 159,000 people in the UK, has [...]
John Lewis Christmas trading lift November 11, 2012 John Lewis saw a strong start to its traditional Christmas trading period, with sales up 11.4 per cent year-on-year for the week to last Saturday. The department store, which took £85m in the week, reported high demand for beds, fitted carpets and made to measure curtains as customers prepare for entertaining. A 29 per cent [...]