The firm manages a market in Lisbon, Portugal, but wants to open more. Yesterday it reported revenues up 106 per cent year-on-year in the six months to June.
For young people growing up on Teesside at that time, the future looked utterly bleak. Like many of my contemporaries, I left the area as soon as I could in search of better prospects down south.
Fraudster dupes the victim into handing over their personal and banking details and uses this information to ring a real phone company and order an expensive new handset using the victim’s details.
The tumbling oil price in the past 18 months and costs linked to the Deepwater Horizon disaster have hit the firm’s profitability and share price. BP’s second-quarter profit was £550million.
Bookies Ladbrokes and Coral must sell at least 350 betting shops if they want £2.3bn merger to continue
Proposed deal between the bookmakers could result in ‘a substantial lessening of competition’ and a ‘worsening of the offer made to customers’, the Competition and Markets Authority said.
Frankfurt-based Deutsche Borse wants to seize control of the 215-year-old British institution in a £21billion deal. The move has been overwhelmingly backed by 99.9 per cent of LSE shareholders.
An average shopping basket of goods is 1.4 per cent cheaper than a year ago, despite fears a Brexit vote would push prices up, Kantar Worldpanel's latest data reveals.
Shoppers shun Asda as sales drop 5.6 per cent and is the worst performer of the Big Four supermarkets
Britain’s second-largest grocer was the worst performer among the Big Four supermarkets as its market share shrank to 15.5 per cent from 16.4 per cent due to competition from Aldi and Lidl.
Profits jumped 79 per cent to £11.8million and the company, whose soft drinks include elderflower tonic water and Sicilian lemonade, almost doubled its interim dividend to 1.54p a share.
Brewing giants Anheuser-Busch InBev face revolt over £79bn SABMiller takeover despite raising offer to placate investors
The world’s largest brewer had offered £44 a share for SAB, but after a revolt from a number of activists yesterday raised that to £45 to placate investors after the fall in the pound.
Britain's retirees face an increasingly nightmarish cocktail of woes: rock-bottom savings rates, no annuity income worth mentioning and their money locked into their home.
DAILY BRIEFING: Engineering giant GKN's profits slip after exchange rates policy means it is unable to profit from pound's fall
Earnings fell 14 per cent to £182million for the six months to June 30. A £30million cost-cutting drive will see 300 managers axed, 30 from the UK.
Blue chip firms warned to come clean on multi-million pound bonuses for their bosses in order to restore faith in the City
FTSE 100 firms called to clamp down on rewards for bad bosses and introduce fairer rules around pay. The IA warned the public was losing faith and changes were urgently needed.
CITY DIARY: Ex-Leader of the House of Lords, genial Lord Strathclyde, appointed Chairman of Bank and Clients
His lordship, 54, has done rather well out of the City since departing the Cabinet in 2013. He’s picked up ten paid advisory roles, including sinecures with PwC, JCB and C5 Capital.
Why the chief who failed at Yahoo will still pocket £43m on top of pocketing £123m during her four years at the helm
The search engine is being bought for £3.8billion after what many see as a lacklustre performance under computer scientist Marissa Mayer, formerly of Google.
After the financial crisis in 2008, lenders slapped strict age caps on mortgages, which blocked many older workers and pensioners from getting a deal. But lenders are now scrapping these deals.
Massive blow to millions of customers as Santander plots to slash interest rate on Britain's favourite current account
Money Mail can reveal that the bank is in talks to cut the headline interest rate on its 123 current account from 3 per cent to 2 per cent. The move could cost customers as much as £200 a year.
Last week Itra returned their money. The judge concluded that the contract was void because it did not contain key information and the firm should not have asked for upfront fees.
Savers denied new rules designed to help them find a better deal as city watchdog controversially waters down demands on providers
The new rules were expected to force banks and building societies to send you a switching box highlighting how to earn a better rate. But this was dropped last week after fierce objections.
Britain's debt bubble growing: Borrowers put extra £10,000 on mortgage debts than they did five years ago
In 2011, the typical mortgage customer took on a home loan worth three times their income, according to trade body the Council of Mortgage Lenders.
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- Gogitidzé et autres c. Géorgie - Confiscation administrative de biens irrégulièrement acquis
- Arrêts du 12.05.15
- Judgments of 12.05.15
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