SEC gives US shareholders the right to vote on exec pay January 26, 2011 THE UNITED States has granted shareholders a say on executive pay as part of efforts to scrutinise corporate America in the wake of the financial crisis. The US Securities and Exchange Commission (SEC) voted 3-2 to require shareholders to make an advisory vote every three years on directors’ pay at companies with a public float [...]
BUSINESSES AND INDIVIDUALS NEED LONG TERM PLANS January 26, 2011 GROUP CHIEF EXECUTIVE, AVIVA AS INSURERS, we’re here to help secure our customers’ financial futures and we understand the responsibility that comes with that. Ours is a long term business. We have to be there for our customers throughout their lifetimes, and beyond. So inevitably the sustainability of our business is a key priority for [...]
WHAT’S NEW IN GADGETS AND TECHNOLOGY January 26, 2011 A DIGITAL WATCH REVOLUTION The watch world brimmed with barely-concealed contempt last year when Apple released its newest iPod Nano complete with a digital clock face option and the serious suggestion that you could strap it to a wristband and wear it as a watch. But watchmakers of Switzerland will take a more wary interest [...]
What the other papers say this morning January 25, 2011 FINANCIAL TIMES RUSSIANS PREPARE FOR LISTING SPREE IN LONDON Four industrial and mining companies from Russia are set to list in London within the next few weeks, the first in a string of companies from the country rushing to raise an estimated $15bn-$20bn (£9.5bn-£12.7bn) this year. The companies are taking advantage of a narrow window [...]
TECH NEWS | IN BRIEF January 25, 2011 Psion hit by forex losses Psion forecast a normalised operating loss for the full-year, hurt by forex losses, but said it remained confident of strong growth in 2011. Shares of the company fell five per cent in trading yesterday. The provider of mobile computing services expects a normalised operating loss of £1.5m to £2.5m for [...]
Business bags full of hi-tech cargo January 23, 2011 BUSINESS travellers take items worth nearly £1,500 in their airplane carry-on bags, according to a survey. The research found that business people typically take 12 items, including essentials like toothbrushes and a shirt. But now smartphones and iPads – costing around £700 – are making their way onto the list as technology becomes a must-have [...]
Nintendo leaps ahead with 3DS January 23, 2011 AFTER being surrounded by the latest in 3D technology for a week at the Consumer Electronics Show in Las Vegas, the sight of two-dimensional images – a video of a puppy playing, for example, or a photograph of a friend’s newborn baby – now makes me uncontrollably and violently sick. Watching standard 2D TV is [...]
Business travellers stash items worth £1,500 in airplane bags January 21, 2011 Business travellers takes items worth nearly £1,500 in their airplane carry-on bags, according to a survey. The research found that business people typically take 12 items, including essentials like toothbrushes and a shirt. But now smartphones and iPads – costing around £700 – are making their way onto the list as technology becomes a must-have [...]
Nokia US deal falls through January 20, 2011 Nokia’s woes continued yesterday with the announcement that a deal to launch its X7 smartphone on US carrier AT&T has fallen through. The news is a blow for the Finnish firm, which is desperate to push its new range of high-end smartphones. It is understood Nokia lost confidence in the US firm, believing the phone [...]
Old handsets hit profits at Sony Ericsson January 20, 2011 WORLD NUMBER five mobile phone maker Sony Ericsson posted lower than expected fourth-quarter pre-tax profit yesterday, and said it saw only modest growth in the handset market this year. Sony Ericsson posted pre-tax profit of €35m (£29.7m) on sales of €1.53bn. Analysts had forecast a pre-tax profit of €79.7m and sales of €1.82bn. Sony Ericsson [...]