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Google to poach 2,000 staff from electronics firm HTC 

Daily Mail - Thu, 09/21/2017 - 20:51
The will mean the division that developed Google's Pixel smartphone will be brought in-house, with Google acquiring a licence for HTC's intellectual property.

Co-op sells final 1% stake in bank

Daily Mail - Thu, 09/21/2017 - 20:51
The mutual had the holding after a £700m rescue deal to get the bank back on its feet cut its stake from 20 per cent this year. The holding has now been sold for £5m to an existing shareholder.

Microsoft to open a new flagship store in Oxford Circus

Daily Mail - Thu, 09/21/2017 - 20:51
The US seller of software, computers and games consoles is seeking a lease on the unit occupied by United Colours of Benetton, the Italian fashion house, according to Retail Week.

CITY DIARY: Ex energy minister rents Downton-style Estate 

Daily Mail - Thu, 09/21/2017 - 20:51
Former energy minister Charles Hendry, who, quelle surprise, now roosts on the board of energy firm Independent Oil and Gas, is renting out his Scottish estate Blair Castle for Hogmanay.

Drax boss Dorothy Thompson resigns after 12 years

Daily Mail - Thu, 09/21/2017 - 20:51
Dorothy Thompson - who was appointed in 2005 - has decided to leave the company by the end of the year and will be replaced by chief financial officer Will Gardiner.

MARKET REPORT: Johnson Matthey shares up 15%

Daily Mail - Thu, 09/21/2017 - 20:51
The company, which makes everything from catalytic converters to pharmaceutical ingredients, will invest an initial £200m in battery technology, to bolster its capacity in the sector.

Compass boss Richard Cousins stands down after 11 years

Daily Mail - Thu, 09/21/2017 - 20:51
When Richard Cousins, 58, took the top job, the catering firm was flirting with disaster after an over-zealous expansion. He cut the number of countries where it operates and laid the basis for solid growth.

DAILY BRIEFING: Another Russian bank to be nationalised

Daily Mail - Thu, 09/21/2017 - 20:51
B&N, the country's 12th-largest lender — is being nationalised as regulators seek to head off a looming financial crisis. It follows Otkritie's recent rescue.

Ronaldo flogs investor that loses you 500 times your stake

Daily Mail - Thu, 09/21/2017 - 20:51
The Real Madrid striker has bragged about his agreement with Cyprus-based Exness to his 59m Twitter followers. He praised the business for 'offering the highest quality of services.

The £3bn City property deal maker poached by rival

Daily Mail - Thu, 09/21/2017 - 20:50
Beckham, 59, has advised on some of the biggest deals ever seen in the City including working for Lee Kum Kee, on its £1.3bn purchase of the Walkie Talkie at 20 Fenchurch Street.

Another crisis at Capita: Costs spiral and workers strike

Daily Mail - Thu, 09/21/2017 - 20:50
The outsourcing giant said profits fell to £28m in the six months to the end of June, down from £37m in the same period last year. It was blamed on the company’s exit from specialist recruitment.

JAMES ASHTON: Time runs out for Janet Yellen at the Fed

Daily Mail - Thu, 09/21/2017 - 20:50
The new chairman will be someone keener than Yellen on rolling back banking regulation that was designed to stop lenders from toppling over again.

IN THE MONEY: BHP Billiton boss Andrew Mackenzie

Daily Mail - Thu, 09/21/2017 - 20:10
The 60-year-old boss, who took up his role from Marius Kloppers in 2013, took home a total of £3.4m in the year to June 30, up from £1.7m in 2016, according to BHP’s annual report.

MARKETS CLOSE: FTSE 100 finishes flat but banks rise 

Daily Mail - Thu, 09/21/2017 - 16:57
The FTSE 100 closed down 8.05 points at 7263.90, as bank gains over the likelihood of higher interest rates helped keep London's top index steady.

Capita's shares slip 10% amid falling profits and strike

Daily Mail - Thu, 09/21/2017 - 15:18
The slump was driven by the outsourcing giant's exit from its specialist recruitment arm and part of its Capita Europe business, while its events operation was also closed.

Co-op Group's underlying profits slump 48%

Daily Mail - Thu, 09/21/2017 - 14:33
The Co-operative Group's underlying pre-tax profits slumped by 48 per cent in the six months to July 1, it revealed today.

Property transaction values sink for first time since 2009

Daily Mail - Thu, 09/21/2017 - 14:09
The total figure for the year ending March 2017 was £239billion, down substantially from £273billion in the same period a year earlier, ONS data revealed today.

All Bar One owner sees share price slip over 5%

Daily Mail - Thu, 09/21/2017 - 13:37
Blaming poor weather in August and September, the group admitted it like-for-like drink sales fell by 1.2 per cent on a year ago.

Car insurance costs soar 14.6% in a year

Daily Mail - Thu, 09/21/2017 - 12:29
Car insurance premiums have risen by an average of 14.6 per cent in the past 12 months to reach £755, new research from Consumer Intelligence shows.

Wacky Renault cars of the future penned by art students

Daily Mail - Thu, 09/21/2017 - 11:34
Students from Central Saint Martins University of Arts London were asked by Renault to create cars of the future. All had to be electric, autonomous and feature connected technologies.
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