London votes: London awaits results of mayoral and Greater London Authority elections May 5, 2016 Counting got under way in London’s mayoral and Greater London Authority elections last night – although results are unlikely to be announced until late this afternoon or this evening. The last opinion polls were forecasting a win for Labour’s Sadiq Khan over his Tory rival Zac Goldsmith in the mayoral race – in what is [...]
SeaWorld shares sink as profit forecasts swim in much lower than expectations May 5, 2016 Embattled SeaWorld yesterday forecast profit for the year that was below analysts’ estimates, sending shares towards the bottom of the ocean. Earnings before interest, tax, depreciation and amortisation (Ebitda) will reach $335m (£231m) to $365m in 2016 on an adjusted basis, the theme-park operator said in a statement. Analysts were projecting $378.9m, the average of 10 estimates compiled by Bloomberg. The Orlando, [...]
Glencore could net $2bn from sale of Vasilkovskoye gold mine in Kazakhstan May 3, 2016 Embattled mining and commodities firm Glencore was yesterday reported to be considering the sale of its Vasilkovskoye gold mine in Kazakhstan. A source told Reuters that “a sale is one of the options,” confirming an earlier report in the Financial Times. Two other sources, speaking on condition of anonymity, said $2bn (£1.45bn) worth of assets [...]
One (quite) careful owner: Rare Ferrari Dallara F1 car to be auctioned at Catawiki April 20, 2016 ANY boy or girl racer with about £300.000 to spare should connect with online auction house Catawiki, which is putting under the hammer a Ferrari Dallara F192 that competed in Formula 1 in 1992. The F192 car, produced by Dallara, was raced by the BMS Scuderia Italia team during the 1992 season, finishing in sixth [...]
Bacon Sarnies and £5,000 cuddles are the way to attract and keep employees March 18, 2016 Most people consider themselves lucky if they get paid on time at the end of the month. Others, however, want a little bit extra to go with their salary, pension and perhaps a contribution to commuting costs. Some companies, according to Glassdoor’s Benefit Review published today, really push the boat out when it comes to pampering [...]
Tottenham Hotspur’s investors can now look to score with Asset Match February 29, 2016 ONLINE shares marketplace Asset Match has today announced that in response to interest from shareholders, it will host a series of share auctions in Premier League high flyers Tottenham Hotspur, starting in March. Spurs’ shares delisted from Aim in January 2012, saying that being publicly owned restricted the club’s ability to secure funding for its [...]
IoD: UK broadband ambition needs to be “a thousand times” higher February 29, 2016 The Government stood today accused by business leaders of a “poverty of ambition” when it came to UK broadband speeds. The Institute of Directors (IoD) also called for a new target for households and business to have access to speeds of 10 gigabits per second (Gbps) by 2030, 1,000 times faster than the current official [...]
Chinese property tycoon Ren Zhiqiang’s microblogging accounts blocked after Xi criticism February 28, 2016 Chinese property tycoon Ren Zhiqiang has had his microblogging accounts shut down by the Beijing authorities after he criticised President Xi Jinping. The Cyberspace Administration of China said Ren had published "illegal messages that had a bad impact". "The cyberspace is not outside the laws, nobody is allowed to spread illegal information using the internet," Jiang Jun, [...]
UK retail sales climbed in January, according to data from the British Retail Consortium and KPMG February 9, 2016 British retailers enjoyed some therapy last month as shoppers cast off the January blues and returned to the high street, according to new figures out today. UK retail sales rose by 2.6 per cent on a like-for-like basis from January 2015, when they had increased 0.2 per cent from the preceding year, according to figures from the [...]
Homewares and fashion retailer The White Company rockets ahead with an almost doubling of profits December 8, 2015 Furniture, clothing and homewares retailer The White Company yesterday reported an almost doubling of profits for the full year ended 28 March. Operating profits rose to £12.8m from £6.5m in the same period the previous year – an increase of 97 per cent. Total sales were up 13.8 per cent to £163.6m, from £143.8m previously. [...]
