Deals of the day – Mergers and Acquisitions

Deals of the day – Mergers and Acquisitions

May 1 (Reuters) – The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 2000 GMT on Tuesday: ** The maker of Hush Puppies is teaming up with two private equity firms to buy Collective Brands Inc in a $1.32 billion deal that will split Collective’s shoe brands from its Payless ShoeSource retail business. […]

2 years ago Read More
Bank of England set to cut growth forecast

Bank of England set to cut growth forecast

The Bank of England will paint a gloomier view of the UK’s recovery tomorrow in its first assessment on prospects since the return to recession. Governor Sir Mervyn King is expected to indicate growth of around 0.75 per cent in 2012, compared with the 1.2 per cent predicted three months ago and 2.2 per cent a year ago. And while […]

2 years ago Read More
Iran on brink of nuclear bomb in six-seven months: Netanyahu

Iran on brink of nuclear bomb in six-seven months: Netanyahu

. . . (Reuters) – Israeli Prime Minister Benjamin Netanyahu warned on Sunday that Iran was just six to seven months away from the brink of being able to build a nuclear bomb, adding urgency to his demand that President Barack Obama set a “red line” for Tehran in what could deepen the worst U.S.-Israeli rift in decades. Taking to […]

2 years ago Read More
Video: Is the Air Force’s F-22 fighter jet making pilots sick?

Video: Is the Air Force’s F-22 fighter jet making pilots sick?

Military officers rarely speak out against their services, but in our lead story you’ll hear from two elite pilots who question the safety of Air Force’s most sophisticated, stealthy, and expensive fighter jet, the F-22 Raptor. Maj. Jeremy Gordon and Capt. Joshua Wilson have chosen to stop flying the F-22 because they say during some flights they and other pilots […]

2 years ago Read More
Video: 50 Cent 2012 interview: 50 Cent headphones revealed

Video: 50 Cent 2012 interview: 50 Cent headphones revealed

50 Cent 2012 interview: 50 Cent headphones revealed. We catch-up with the rapper to find out if tech is better than music and what made him create his own 50 Cent headphones and are they better than Dr Dre? Not happy with rapping, 50 Cent has created his own tech company, SMS, and the first range out of the block […]

2 years ago Read More
Nicola Horlick to launch £2m film fund

Nicola Horlick to launch £2m film fund

Nicola Horlick, the financier dubbed one of the City’s original “superwomen” in the late 1990s for her ability to mix family pressures with work, is launching a second fund to raise as much as £2m for film development projects. Ms Horlick is to raise the fund under her Derby Street Films umbrella which she launched two years ago. The first […]

2 years ago Read More
Aquascutum enters administration

Aquascutum enters administration

Luxury clothing retailer Aquascutum, best known for its trenchcoats, has gone into administration, putting about 250 jobs at risk. Harold Tillman and Belinda Earl bought the business in 2009 after it had made a £24m loss the previous year. But the company said the challenging UK conditions meant the team had been unable to turn the business around. Founded in […]

2 years ago Read More

MARKETS

Bank of England set to cut growth forecast

Bank of England set to cut growth forecast

The Bank of England will paint a gloomier view of the UK’s recovery tomorrow in its first assessment on prospects since the return to recession. Governor Sir Mervyn King is expected to indicate growth of around 0.75 per cent in 2012, compared with the 1.2 per cent predicted three months ago and 2.2 per cent a year ago. And while […]

2 years ago Read More

SCI-TECH

Video: 50 Cent 2012 interview: 50 Cent headphones revealed

Video: 50 Cent 2012 interview: 50 Cent headphones revealed

50 Cent 2012 interview: 50 Cent headphones revealed. We catch-up with the rapper to find out if tech is better than music and what made him create his own 50 Cent headphones and are they better than Dr Dre? Not happy with rapping, 50 Cent has created his own tech company, SMS, and the first range out of the block […]

2 years ago Read More

WORLD AFFAIRS

Iran on brink of nuclear bomb in six-seven months: Netanyahu

Iran on brink of nuclear bomb in six-seven months: Netanyahu

. . . (Reuters) – Israeli Prime Minister Benjamin Netanyahu warned on Sunday that Iran was just six to seven months away from the brink of being able to build a nuclear bomb, adding urgency to his demand that President Barack Obama set a “red line” for Tehran in what could deepen the worst U.S.-Israeli rift in decades. Taking to […]

2 years ago Read More

DEFENCE

Video: Is the Air Force’s F-22 fighter jet making pilots sick?

Video: Is the Air Force’s F-22 fighter jet making pilots sick?

Military officers rarely speak out against their services, but in our lead story you’ll hear from two elite pilots who question the safety of Air Force’s most sophisticated, stealthy, and expensive fighter jet, the F-22 Raptor. Maj. Jeremy Gordon and Capt. Joshua Wilson have chosen to stop flying the F-22 because they say during some flights they and other pilots […]

2 years ago Read More

FASHION

Aquascutum enters administration

Aquascutum enters administration

Luxury clothing retailer Aquascutum, best known for its trenchcoats, has gone into administration, putting about 250 jobs at risk. Harold Tillman and Belinda Earl bought the business in 2009 after it had made a £24m loss the previous year. But the company said the challenging UK conditions meant the team had been unable to turn the business around. Founded in […]

2 years ago Read More

ENTERTAINMENT

Nicola Horlick to launch £2m film fund

Nicola Horlick to launch £2m film fund

Nicola Horlick, the financier dubbed one of the City’s original “superwomen” in the late 1990s for her ability to mix family pressures with work, is launching a second fund to raise as much as £2m for film development projects. Ms Horlick is to raise the fund under her Derby Street Films umbrella which she launched two years ago. The first […]

2 years ago Read More

LIFESTYLE

F1 test driver Susie Wolff: It’s incredibly physical driving at 280 kph

F1 test driver Susie Wolff: It’s incredibly physical driving at 280 kph

London (CNN) — Female drivers in Formula One are few and far between, but one woman aiming to change this is Susie Wolff. The 29-year-old is a development driver for Williams F1, where she works with engineers in a simulator and on track tests. She is about to compete in her seventh DTM racing car season for Mercedes Benz. She […]

2 years ago Read More

Iran on brink of nuclear bomb in six-seven months: Netanyahu

Iran on brink of nuclear bomb in six-seven months: Netanyahu

. . . (Reuters) – Israeli Prime Minister Benjamin Netanyahu warned on Sunday that Iran was just six to seven months away from the brink of being able to build a nuclear bomb, adding urgency to his demand that President Barack Obama set a “red line” for Tehran in what could deepen the worst U.S.-Israeli rift in decades. Taking to […]

September 17, 2012 at 13:19

Bank of England set to cut growth forecast

Bank of England set to cut growth forecast

The Bank of England will paint a gloomier view of the UK’s recovery tomorrow in its first assessment on prospects since the return to recession. Governor Sir Mervyn King is expected to indicate growth of around 0.75 per cent in 2012, compared with the 1.2 per cent predicted three months ago and 2.2 per cent a year ago. And while […]

May 15, 2012 at 17:31

Video: What Happens if Greece Leaves the Euro?

Video: What Happens if Greece Leaves the Euro?

- CNN’s Becky Anderson takes a look at what would happen if Greece left the eurozone. Source: CNN -

May 15, 2012 at 17:28

JPMorgan executive Ina Drew steps down after $2bn loss

JPMorgan executive Ina Drew steps down after $2bn loss

JPMorgan Chase says its chief investment officer is to leave after a $2bn (£1.2bn) trading blunder. The Wall Street firm said Ina Drew, who oversaw the London-based division responsible for the trading mistake, will leave after more than 30 years. Matt Zames, the bank’s co-chief of global fixed income in its investment bank, will take over from Ms Drew. On […]

May 15, 2012 at 17:20

UK’s borrowing costs near record lows as cash flees eurozone crisis

UK’s borrowing costs near record lows as cash flees eurozone crisis

The interest rate on UK government debt fell to near-record lows as investors flocked to gilts as a safe haven from the eurozone chaos. Yields on 10-year government debt fell to 1.932 per cent last night. Investors have increasingly been attracted to the UK due to its status as a non-eurozone state and the strength of its triple-A credit rating. […]

May 9, 2012 at 10:25

Video: 50 Cent 2012 interview: 50 Cent headphones revealed

Video: 50 Cent 2012 interview: 50 Cent headphones revealed

50 Cent 2012 interview: 50 Cent headphones revealed. We catch-up with the rapper to find out if tech is better than music and what made him create his own 50 Cent headphones and are they better than Dr Dre? Not happy with rapping, 50 Cent has created his own tech company, SMS, and the first range out of the block […]

May 9, 2012 at 10:15