What the other papers say this morning – 25 February 2014 February 24, 2014 FINANCIAL TIMES Markit and Virtu race for IPOs Two unique financial technology companies are preparing multibillion dollar initial public offerings, with both Markit and Virtu Financial seeking New York listings in the coming months. Markit, the UK-based data provider, is aiming to raise at least $500m and seek a valuation of more than $5bn as [...]
Ford unveils its answer to Google’s self-driving car February 24, 2014 As the Mobile World Congress in Barcelona gets underway Ford has unveiled what could be its answer to Google's self driving Toyota Prius, according to Sky News. Ford's new self-driving car is fitted with four infrared light sensors capable of taking 2.5m measurements every second. The sensors scan the road meticulously for possible obstacles such [...]
Ladbrokes to link executive pay to responsible gaming measures February 23, 2014 LADBROKES is planning to link executive pay with responsible gambling criteria in response to government pressure over fixed-odds betting terminals, the e-gaming giant will announce today. According to Sky News, chief executive Richard Glynn wrote to gambling minister Helen Grant and certain industry stakeholders last Friday to inform them that Ladbrokes will start linking executive [...]
Why audience targeting may hold the key to the future of TV adverts February 23, 2014 @LiamWardProud TELEVISION has long reigned as the dominant force in global advertising, accounting for almost 58 per cent of international ad spend in the first three quarters of 2013. But its crown may be slipping. In many digitally-advanced markets, TV’s share of ad budgets has already been eclipsed by online – the transition happened as [...]
Thieves hit Sky yet Froome wins February 23, 2014 CYCLING: British rider Chris Froome retained his Tour of Oman title yesterday, with a winning margin of 26 seconds. The reigning Tour de France champion won Saturday’s penultimate stage, despite Team Sky having 16 of their 18 bikes stolen hours beforehand.
Bank’s Weale points to early 2015 rate hike February 20, 2014 BANK of England policymaker Martin Weale has revealed his own estimate of when monetary policy might tighten, suggesting a rate hike could come before the middle of next year. Weale added: “Obviously I couldn’t rule out the need for a rate rise coming earlier than that”. The monetary policy committee (MPC) member said yesterday that [...]
Desmond sets a deadline for Channel 5 bids February 20, 2014 RICHARD Desmond has stepped down from the board of Channel 5 Broadcasting Limited in a sign that the media boss may be preparing for a sale of the broadcaster. An information memorandum has been sent to would-be buyers and City A.M. understands that a deadline of 27 February has been set for initial offers. Last [...]
Frankie a nice one to be on at 32/1 with sponsors in BetBright Chase February 20, 2014 BILL ESDAILE PREVIEWS BETBRIGHT CHASE DAY AT KEMPTON PARK THE WET weather has left most trainers pulling their hair out, but not Venetia Williams, the queen of National Hunt racing, who continues to fire in big Saturday winner after big Saturday winner. Tomorrow’s main race is the £100,000 BetBright Chase at Kempton Park (3.50pm) and [...]
Expect rate hikes in spring 2015, says Bank’s Weale February 20, 2014 Households should prepare themselves for an increase in interest rates "next spring", the Bank of England's Martin Weale has told Sky News. Weale, an external member of the Bank's monetary policy committee, said: "I think it is very helpful if we try and explain that the most likely path for interest rates is that the [...]
Mullins: a man on a mission February 19, 2014 LAST year’s visit to Ballydoyle remains one of the highlights of my journalistic career, but yesterday’s return to the Emerald Isle may just have shaded it when it comes to my racing bucket list. Since a young age I’ve wanted to visit the corner of County Carlow that Willie Mullins calls home – and a [...]