City Moves for 11 November 2013 | Who’s switching jobs November 10, 2013 Deutsche Bank The bank has announced the hire of Kim Hammonds as chief information officer and global co-head of group technology and operations. She was most recently at Boeing, where she was chief information officer. Prior to that, she held various roles at Dell and Ford Motor Company. Friends Life The assurance company has recruited [...]
Elop and Mulally make Microsoft shortlist for next chief executive November 6, 2013 MICROSOFT has reportedly narrowed its list of candidates to replace chief executive Steve Ballmer, with five candidates vying for the role including former Nokia chief executive Stephen Elop and Ford Motor chief Alan Mulally. The shortlist includes three internal candidates, Skype chief Tony Bates who is responsible for Microsoft’s business development; Satya Nadella, the company’s [...]
Bumper car sales vindicate Fed’s stance on shutdown November 1, 2013 The October numbers for the "Big Eight" car makers in the US suggest that shutdown may not have been quite so economically impactful as has been bandied about – and vindicate the Fed's decision not to mention it in its latest open market committee meeting earlier this week. Analysts were quick to look at the [...]
What the other papers say this morning – 25 October 2013 October 24, 2013 FINANCIAL TIMES Bitcoin backed by top hedgie boss Financial advisers who gathered in New York to hear leaders of the asset management industry impart their best investment ideas for the year ahead were given a surprising tip by one prominent hedge fund manager: Bitcoin. Fortress Investment Group’s Michael Novogratz said it could be used as [...]
Ford expects European profit to come in 2015 October 24, 2013 FORD Motors boosted its full-year global profit outlook yesterday as its European picture brightened and stronger overseas demand sparked better-than-expected third-quarter results. The US automaker now expects 2013 pre-tax profit to top last year’s $8bn and losses in Europe to be less than in 2012. Finance chief Bob Shanks said Ford sees the European unit [...]
A sci-fi treat with plenty of brains October 24, 2013 FILM ENDER’S GAME Cert 12a | By Simon Thomson Four Stars ENDER’S Game is a science fiction adventure about a special boy, sent to a special school, where he is trained to be a ruthless war commander. Basically, it’s Harry Potter. If he’d been sent to a military academy. In space. The internet has been [...]
Bottom Line: New boss has big shoes to fill and very little experience October 15, 2013 IT MIGHT seem churlish to assume that just because Christopher Bailey is a fashion designer, he might not know his way around a financial statement. Plenty of designers before him have founded labels and led them to commercial success – notably Tom Ford, the former Gucci and YSL creative director who jumped ship in 2004 [...]
Ford named Surrey head coach October 14, 2013 CRICKET: Sri Lanka coach Graham Ford has agreed a three-year deal to take charge at Surrey from February. The 52-year-old has previously worked with rival county Kent.
Jerome Booth’s investment firm buys UK’s Icon Film Distribution September 23, 2013 SERIAL investor Jerome Booth turned his focus to the silver screen yesterday, as his investment company bought UK film distributor Icon. New Sparta, the vehicle Booth founded to invest in film and media firms, bought Icon Film Distribution from its parent company Icon UK Group for an undisclosed sum. Icon has a library of more [...]
Tatum can’t save presidential flop September 12, 2013 FILM WHITE HOUSE DOWN Cert 12a | By Simon Thomson Two stars WHITE House Down could have been the biggest movie of 1996. Wedged in between Nicolas Cage’s The Rock and Harrison Ford’s Air Force One, the premise of terrorists attacking the seat of American government would have blown the minds of the movie-going public. [...]