Saxo boss Lars Seier Christensen opens Pandora’s box with jewellery startup investment August 12, 2014 Saxo Bank’s chief exec Lars Seier Christensen has got chins wagging in the Danish press. The banking boss has made a personal investment into jewellery startup Endless Jewelry – a company run by well-known Danish entrepreneur Jesper Nielsen. Nielsen made his name as a reseller of jewellery brand Pandora. He sold his Pandora distributorship for [...]
Ex-Asda bosses Archie Norman and Allan Leighton linked to Morrisons chairman role July 27, 2014 Former Asda bosses Archie Norman and Allan Leighton are said to be in the running to become the new chairman of troubled supermarket chain Morrisons. Norman and Leighton were credited with reversing Asda’s fortunes in the 1990s and are both seen as plausible candidates to help revive the chain, which has been losing market share [...]
Anglo puts South African strike-hit mines on the block July 21, 2014 ANGLO American yesterday confirmed its plans to sell off some of its South African platinum mines, after a five-month strike that slashed production by 40 per cent. The FTSE 100 company is putting its Rustenburg mine on the block, alongside its stake in the Pandora joint venture it owns with peer Lonmin, so that it [...]
New York Report: Dow Jones below 17,000 July 8, 2014 US STOCKS tumbled yesterday as the Dow fell nearly 118 points, ending the trading day below the 17,000 mark. The Dow Jones industrial average lost 0.7 per cent to 16,906.62. The S&P 500 index fell 0.7 per cent to 1,963.71 and the Nasdaq composite index plunged 1.4 per cent to 4,391.46. It was the second [...]
MPs demand probe into share fixing July 2, 2014 Share traders routinely fiddle prices at the end of each day’s trading to boost bonuses and profits, influential MPs claimed yesterday, demanding a full probe from the City watchdog. The probe could set the scene for a scandal far larger than Libor manipulation, as stocks are held widely by the general public and in pension [...]
MPs demand probe into market manipulation July 2, 2014 Share traders routinely fiddle prices at the end of each day’s trading to boost bonuses and profits, influential MPs claimed yesterday, demanding a full probe from the City watchdog. The probe could set the scene for a scandal far larger than Libor manipulation, as stocks are held widely by the general public and in pension [...]
Stratex ties up with Thani Emirates May 12, 2014 Stratex International, the Aim-quoted gold and base metals miner, yesterday said it plans to form a new company for its East African assets with UAE-based Thani Emirates Resources Holdings. “The new company will initially focus on drilling the Pandora epithermal system in Djibouti as well as advancing key projects in Egypt that show potential for [...]
Royal Mail veteran Allan Leighton announced as chair of Peppa Pig owner March 31, 2014 Allan Leighton, chief executive of jewellery company Pandora and former chairman of Royal Mail, has been appointed chairman of Entertainment One, who jointly own, with Astley Baker Davies, popular children's TV programme Peppa Pig. Leighton is a boardroom heavyweight; he's been chief executive of Asda, chairman of lastminute.com, and on the board of BSkyB. Chairman James Corsellis has stepped [...]
The 3 big changes set to shake hedge funds in 2014 January 29, 2014 A great deal of opportunity it turns out, if you listen to the world’s biggest money manager BlackRock. Despite citing some startling statistics at a briefing in London today – more on that later – its strategists think increased volatility in markets this year will open up a pandora’s box of opportunity for smart managers. [...]
What the other papers say this morning – 21 January 2014 January 20, 2014 FINANCIAL TIMES Retailers join IPO shopping list Bankers are preparing to list a swelling number of high street retailers on the London Stock Exchange as their private equity backers rush to cash in on a recovery in the IPO market. Discount retailer Poundland and Pets at Home are poised to kick off the slew of [...]