CAR TALK May 24, 2011 ASTON MARTIN TEAMS WITH ZAGATO To celebrate the 50th anniversary of the iconic DB4GT Zagato, Aston Martin has created an elegant, new V12 Zagato concept with the Italian design house Zagato. The car has a handcrafted aluminium body and features the iconic Zagato double bubble roof. The car premiered at the Villa D’Este Concours, Lake [...]
Diamond miner bets on Mellier to sparkle at top May 16, 2011 FRENCH-BORN Mellier moves to the number two diamond producer fresh from Alstom Transport, having been president of the French engineering group since 2003. He started his career at Ford in 1980 as a sales and planning analyst, and went on to spend 19 years there including stints in Portugal, New Zealand and Mexico. Mellier ended [...]
Aliens hit South London May 12, 2011 Film ATTACK THE BLOCK Cert: 12A LATER this year we have the promising prospect of a Daniel Craig and Harrison Ford fighting off marauding extraterrestrials with six-shooters in Cowboys & Aliens; in the meantime, Attack the Block brings interplanetary nasties up against a more familiar (to Londoners, anyway) adversary – this is Hoodies & Aliens, [...]
GM triples its profits May 5, 2011 General Motors (GM) added further weight to the automotive industry bounce-back after more than tripling its quarterly profits. However, the stronger-than-expected results, driven by a recovery in the US market and strong sales in Asia, were not enough to please bearish investors, who picked up on its vehicle prices being weaker than rival Ford, with [...]
Keydata escapes criminal charges May 3, 2011 Criminal charges will not be brought against anyone involved in the collapse of Keydata, the financial services firm that collapsed earlier this year, according to the Serious Fraud Office. The SFO said there was “insufficient evidence” for a prosecution. An ongoing Financial Services Authority (FSA) probe into the firm’s failure could however land executives with [...]
SDL sees first-quarter profit in line April 26, 2011 Translation software firm SDL said yesterday its performance for the first-quarter of 2011 was in line with management expectations for both revenue and operating profit. The group, which provides patent translation software services for Ford, Canon and Dell, said demand conditions overall remain strong. “Whilst we continue to see varying demand conditions in different industry [...]
Ford posts highest first quarter profit since 1998 April 26, 2011 Ford reported its best first-quarter profit in 13 years, driven by strong sales in its home market and demand for more fuel-efficient vehicles. Ford also said yesterday that last month’s earthquake, which has hurt the supply chain in Japan, has had “minimal” impact on its business, and analysts said Ford may even stand to gain [...]
CITY VIEWS: HOW IS THE WEDDING AFFECTING THE UK ECONOMY? April 26, 2011 Save or Borrow peer to peer at RateSetter.com www.RateSetter.com Customer Phoneline: 08442490115 AL DRUMMOND | RSA “There are fewer people about but people plan and work from home. It’s not a big issue.” ALAN LARWARK | PRICE FORDS “The days off and the timing are bad for the economy. I’d cancel it if I could.” [...]
FTSE closes at two-month high despite light volumes April 26, 2011 aBRITAIN’S FTSE 100 closed at its highest level in over two months yesterday, albeit in light volumes, as earnings from the US and Europe supported gains ahead of results from UK companies such as ARM and BP. The blue-chip FTSE 100 closed up 0.9 per cent at 6,069.36, with volumes still thin after the four-day [...]
Corporate results boost US stocks April 26, 2011 A FRESH batch of corporate results pushed US stocks to their best levels since June 2008 yesterday, renewing optimism that profit growth will remain resilient enough to keep equities on the rise. The S&P 500 barreled through the 1,344 level, seen as a key resistance point the benchmark index needed to surpass in order to [...]