Reubens mull sports TV bid February 14, 2010 The Reuben brothers, the billionaire property investors, are mulling a takeover of sports TV business Catalyst Media Group, which is listed on Aim and valued at £26m. City sources said the brothers, who are estimated to be worth more than £2.5bn, had not made a firm decision on an offer for Catalyst but had expressed [...]
CITY MOVES | WHO’S SWITCHING JOBS February 14, 2010 Marriott Harrison The City law firm has appointed Jill Andrew and Bob Cordran, pictured, as partners in its employment team. Andrew joins from Dawsons and was also previously a senior partner at employment boutique Archon. Cordran formerly worked at Thomas Eggar, Simmons & Simmons and Olswang, and has particular expertise in advising on issues related [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 11, 2010 FINANCIAL TIMES SHELL STAFF DETAILS LEAKED TO CAMPAIGN GROUPS Royal Dutch Shell has suffered a serious breach of security after contact details for more than 170,000 employees and contractors were e-mailed to environmental and human rights campaign groups. The database, from Shell’s internal directory, gives names and telephone numbers for all the company’s workforce worldwide, [...]
Japan Airlines snubs Delta’s SkyTeam group February 9, 2010 Japan Airlines said yesterday it would keep its partnership with American Airlines in the Oneworld alliance, ending an attempt by Delta Air Lines to entice the bankrupt carrier to its rival SkyTeam group. Asia’s largest carrier by revenues said it would file with American Airlines for regulatory approval for closer cooperation on transpacific routes under [...]
Sky sells contested ITV stake February 9, 2010 BSKYB last night sold the majority of its controversial stake in ITV after a long-running legal battle. The pay-TV group had been ordered to reduce its shareholding in ITV from 17.9 per cent to 7.5 per cent after rivals complained it was harming competition. Morgan Stanley placed the 10.4 per cent stake, raising around £196m. [...]
Rory must now learn to win February 8, 2010 THE rise and rise of Rory McIlroy goes on it seems with the young Northern Irishman now at a career-high seventh in the world. That, for a young man of 21, is an incredible achievement. What’s just as amazing about Rory’s leap into the world’s top 10 is that he has done so having won [...]
Halfords mulls Hobbycraft deal February 8, 2010 BIKE retailer Halfords is mulling making acquisitions within the retail sector as part of ambitious expansion plans, it emerged yesterday. Halfords, which saw like-for-like sales jump 15 per cent over the Christmas period, is understood to be looking at crafts chain Hobbycraft, according to Sky News. Hobbycraft is undergoing a thorough strategic review by accountancy [...]
THE SKY’S THE LIMIT February 7, 2010 For the real high flyers, a day (or two) heliskiing offers the ultimate adrenaline rush. And of course there’s no problem finding virginal top-of-the-mountain snow for the very best of late season skiing. Danielle Stynes, of SwisSKIsafari (0041 273982194; www.swisskisafari.com) has the enviable job of putting together tailor-made helicopter and back-bowl skiing trips with idyllic [...]
Sky’s the limit for Qatar leaders February 7, 2010 CYCLING: Team Sky threw down the gauntlet to their rivals by producing a stunning performance to win the opening team time trial by eight seconds at the Tour of Qatar. The eight-man squad included seven debutants such as Bradley Wiggins and Norway’s Edvald Boasson Hagen, who wears the leader’s jersey for today’s second stage.
CITY MOVES | WHO’S SWITCHING JOBS February 4, 2010 Betfair Ian Dyson, finance director of retail giant Marks and Spencer, has taken up a new non-executive directorship at the betting firm. Dyson, who joins the Betfair board immediately, joined M&S in June 2005 as group finance director, becoming group finance and operations director in 2008. He was also formerly finance director at the Rank [...]