Sectors
Please note it is your responsibility to evaluate the accuracy, completeness and usefulness of any information, opinion or advice contained in the content below.Latest News
Aerospace
Hague hints at veto of Syria arms ban
20 May 2013 at 9:03pm
Foreign secretary says UK will act if EU member states block moves to allow weapons to be transferred to rebels fighting the Assad regime
BAE?s investors set to back choice of chairman
19 May 2013 at 9:32pm
Sir Roger Carr is one of the leading candidates, an appointment unlikely to generate opposition from the UK government
Polish defence spending set to soar
19 May 2013 at 4:14pm
Poland is gearing up for its biggest-ever increase in military equipment spending, splashing out $43bn on contracts over the next decade
Autos
Tesla Motors: hybrid financing
19 May 2013 at 10:31pm
The coupon on the group?s convertible bond is 1.5%. Investors accept that paltry rate in return for option to convert into carmaker?s shares
Bentley misses out on incentives
19 May 2013 at 4:59pm
Volkswagen unit carries on investing – biting into profits – but fails to reap rewards from credit
Building blocks to cut output costs
19 May 2013 at 4:21pm
Companies such as Volkswagen are following Scania?s lead in applying a modular strategy to create different brands from common components
Basic Industries
Iron ore prices fall to five-month low
20 May 2013 at 4:47pm
Dip in prices will weigh on profitability of the mining industry as iron ore has been one of the mined commodities to have outperformed expectations
Week in review, May 18
17 May 2013 at 10:55pm
Tony Hayward returns from the depths; Tata Steel writedown; Google turns up the challenge;
Indonesia extends logging moratorium
15 May 2013 at 11:32am
Environmentalists remain concerned that the main challenge is improving governance in a country where red tape and graft are endemic
Consumer Industries
Armani operating profit up 20% to ?339m
20 May 2013 at 11:04pm
Giorgio Armani says the Italian fashion retailer plans to continue its growth focus on China where sales jumped 39 per cent and emerging markets
Retail: Technology helps buyers revel in big name heaven
20 May 2013 at 10:59pm
Luxury consumers want a personalised experience that newly digitised stores are working to deliver, says Andrea Felsted
Building blocks: Online retailer grabs top spot from bricks and mortar rival
20 May 2013 at 10:59pm
Walmart grows but Amazon has its nose in front, writes Barney Jopson
Drugs & Healthcare
Actavis/Warner Chilcott: simple medicine
20 May 2013 at 6:03pm
Acquisitive companies are opaque ? there is tricky accounting involved and growth rates are hard to estimate ? and the new Actavis will be doubly difficult to assess
Elan steps up fight against Royalty bid
20 May 2013 at 5:01pm
Irish pharmaceutical group announces fresh debt and acquisition plans as Royalty steps up pressure on Elan with an improved $12.50-a-share cash offer
Actavis to buy Warner Chilcott for $5bn
20 May 2013 at 3:53pm
All-stock deal could bring an end to recent merger talks around Actavis and will create a speciality pharma group with an annual $11bn in sales
Energy, Utilities & Mining
Riverstone eyes $1bn commodities venture
20 May 2013 at 10:02pm
The US-based private equity is in talks with a new global asset-backed merchant to be run by David Silbert, a former Deutsche executive
Little to celebrate in lowball ENRC offer
20 May 2013 at 8:49pm
The consortium already has control of the company with a 56% stake and no legal obligation to raise its offer, but there is a moral element
ENRC lowball bid looks good, analysts say
20 May 2013 at 5:59pm
Proposed offer from ENRC?s founding shareholders and Kazakhstan has been rejected as ?materially undervaluing? the London-listed miner
Financial Services
Riverstone eyes $1bn commodities venture
20 May 2013 at 10:02pm
The US-based private equity is in talks with a new global asset-backed merchant to be run by David Silbert, a former Deutsche executive
Gulf funds bypass private equity funds
20 May 2013 at 9:28pm
State-backed funds are boosting their investment directly in unlisted companies and increasingly bypassing private equity funds for higher returns
PPF warns of levy increase
20 May 2013 at 9:17pm
The group says pension deficits are at risk of rising because of low interest rates and a change allowing companies to pay less into underfunded schemes
IT
Apple tax fallout set to have global impact
20 May 2013 at 11:25pm
Apple cut a deal to pay tax of 2 per cent in Ireland and passed billions of dollars of earnings through Dublin, enabling it to escape large payments to other countries
Apple urges reform of US tax system
20 May 2013 at 10:55pm
The company?s solution is that the US needs to reform the way it taxes its multinationals if they are to stay competitive in the global economy
Apple accused of avoiding billions in taxes
20 May 2013 at 9:08pm
The Senate report said Apple?s use of loopholes for international profits allowed it to save tax on $44bn in ?otherwise taxable offshore income?
Media & Internet
Graceland put on the market
20 May 2013 at 8:16pm
Core Media Group has begun approaching potential bidders from Asia, Europe and the US for Elvis Presley Enterprises and Muhammad Ali Enterprises
Mayer out to rewrite Yahoo?s history
20 May 2013 at 7:43pm
Yahoo compared its Tumblr purchase to Facebook takeover of Instagram last year and Google?s YouTube deal in 2005
Ugandan newspaper raided over plot claim
20 May 2013 at 8:05pm
Swoop by police brings complaints of threat to free press from President Yoweri Museveni, who came to power 27 years ago embracing democracy
Property
Heron Tower offered £250m Sternlicht loan
19 May 2013 at 9:05pm
The deal, if it goes ahead, would be one of the highest profile examples of a non-bank lender providing debt capital to a UK company
Self-build property support ?not enough?
17 May 2013 at 6:19pm
Building your home is still a niche pursuit despite plans by government two years ago to alleviate shortage of new housing by ?revolutionising? sector
Student pod return pledges under fire
17 May 2013 at 6:07pm
Investors have been attracted by guaranteed returns of up to 10%. But chief executive of developer warns that such pledges ?are rarely sustainable?
Retailing & Leisure
Asian hotel groups push west
20 May 2013 at 9:04am
New wave of hotel chains and property owners is expanding in Asia and moving into western markets, to take advantage of a boom in Chinese travellers
Jockey Club lengthens retail bond race
17 May 2013 at 11:52am
Owner of several elite UK racecourses extends application window by 10 days after beating £15m target as it prepares to redevelop Cheltenham course
A chastening coda to Bond?s career
16 May 2013 at 8:13pm
City grandee, who had intended to stay at the helm until a new chairman for Glenstrata arrived, was swept away on a lack of support from shareholders
Telecoms
SoftBank grants Sprint disclosure waiver
21 May 2013 at 3:34am
Japanese group agrees to waiver allowing mobile phone carrier to disclose non-public information to rival bidder Dish
Verizon venture puts pressure on Vodafone
19 May 2013 at 4:51pm
The publication of the UK group?s results could help focus the attention of Vodafone and its investors on the future of their stake in Verizon Wireless
TalkTalk defiant amid pay-TV price battle
16 May 2013 at 6:04pm
TalkTalk added 150,000 customers in the first three months of 2013, after it started, in September, to offer YouView digital and catch-up TV for free
Transport
Little to celebrate in lowball ENRC offer
20 May 2013 at 8:49pm
The consortium already has control of the company with a 56% stake and no legal obligation to raise its offer, but there is a moral element
Rights issue plan derails FirstGroup
20 May 2013 at 8:08pm
Some income funds offloaded shares because of the axing of the final dividend, while other investors sold because of the size of the rights issue
Ryanair seeks more growth as profit soars
20 May 2013 at 6:02pm
Europe?s largest low-cost carrier says it will use a planned purchase of 175 Boeing passenger jets to expand in Germany, Scandinavia and central Europe
Source: Financial Times
November 27 2007 08:13 am
