Bombardier sells military aviation training business to CAE January 26, 2015 Aerospace giant Bombardier has agreed to sell military-training business to CAE for $15.9m. The company plans to use the money to focus on its core business. Bombardier's military aviation training business consists of 200 employees supporting NATO training in Canada. Bombardier is the world's only maker of both plains and trains and is headquartered in [...]
City Moves for 26 January 2015 | Who’s switching jobs January 26, 2015 Spencer Ogden The energy recruitment specialist has announced two appointments. Brad Lewington (pictured) has been promoted to director of Europe, the Middle East, and Africa, alongside his existing position as head of Asia Pacific. Kristen Zeilerbauer becomes managing director in London. Renaissance Capital The investment bank has announced the appointment of Seki Mutukwa to its [...]
Post Office to challenge major banks for top spot in financial services January 25, 2015 The Post Office is in for major changes this week as the aged company sets its sights on one of the top spots in Britain's financial services industry. According to Sky News, the Post Office is hoping to become one of the country's leading financial services providers and will announce on Monday its plan to [...]
Christie’s 2014 sales go down in art history January 20, 2015 THE WORLD’S leading art business and auction house Christie’s yesterday reported art sales of £5.1bn for the year ended December 2014, the highest such figure of any art company in the history of the market. The total was a was up 12 per cent year-on-year, driven by growth in all the company’s activities and across [...]
Update: Paris hostages freed after gunman hands himself in January 16, 2015 Update: A gunman who took two people hostage in a post office in the Paris suburb of Colombes today has handed himself in to police, with the siege ending without injury. According to French newspaper Liberation the "unbalanced" man, who is believed to have been armed with a Kalashnikov and handgun, had no connection to [...]
Cineworld finance boss Philip Bowcock on the relevance of cinema in the digital age January 14, 2015 The art of cinema and the movie business are now at a crossroads,” Martin Scorsese, the veteran filmmaker, wrote in an open letter published in the Italian magazine L’Espresso last year. “In the future, you’ll probably see less and less of what we recognise as cinema on multiplex screens and more and more of it [...]
Charlie Hebdo’s first cover following massacre revealed – and it features the Prophet Mohammed January 13, 2015 The first cover of French satirical magazine Charlie Hebdo after the attack on its offices in Paris features a cartoon depicting the Prophet Mohammed, it has been revealed. The raid took place on Wednesday last week and left 12 people dead, including four cartoonists. The two men who carried out the attack claimed to [...]
Global travel warning issued by US following terror attacks in France, Canada and Australia January 10, 2015 The US department of state has issued a global travel warning, following a spate of terror attacks in Canada, Australia and most recently France. In a statement posted online, it said that the recent attacks served as a reminder to “maintain a high level of vigilance” and “take apropriate steps to increase security awareness. [...]
EasyHotel chief financial officer Darren Mee steps down December 24, 2014 Here's a late contender for 2014's chief financial officer carousel: Darren Mee, the chief financial officer at recently-listed EasyHotel, has stepped down, saying he wants to "pursue another opportunity". No word on what aforementioned opportunity is, but the company said its board had "accepted his resignation", adding that Mee will step down on 29 January. EasyHotel, [...]
Eight charts that sum up 2014 December 22, 2014 This year will be remembered for the fragmentation of mainstream politics, Scotland's near exit from the 307-year old union and an economy which the Bank's chief economist Andy Haldane described as "writhing in both agony and ecstasy." What does all that look like? Here are eight charts that sum up the year. (Source: Getty) 1. [...]