James Murdoch has been elevated to the new role of deputy chief executive at News Corp and chairman and chief executive of the media group’s international operations View full post on Financial Times – UK Homepage
Archive for March, 2011
Lloyds chief awarded £9.7m pay package
António Horta-Osório, new chief executive of Lloyds Banking Group, has been handed a pay package worth up to £9.7m after just a month at the part-nationalised bank View full post on Financial Times – UK Homepage
Bulls back in charge as global fears ease
Asian shares rebound, with the Nikkei up more than 0.5% as a weaker yen lifts Japanese exporters and operations appear to be starting to normalise at some quake-stricken plants View full post on Financial Times – UK Homepage
Dixons steps up cost cuts after warning
The electricals retailer is accelerating plans reduce expenditure and boost cash flow as it warns that full-year profits will be well below previous forecasts View full post on Financial Times – UK Homepage
UK and Iceland in raid on Kaupthing premises
More than 70 investigators took part in searches of three business premises and two residential addresses in Luxembourg, which was an offshore base for the bank before its collapse View full post on Financial Times – UK Homepage
Statoil takes on Osborne over $10bn North Sea projects
Chancellor defended plan to take money from oil industry to keep down pump prices and dismissed warnings move could cost thousands of jobs View full post on Financial Times – UK Homepage
Opec set for $1,000bn in export revenues
The oil producers’ cartel is on course to reap $1,000bn in export revenues for the first time if crude prices remain above $100 a barrel, says the International Energy Agency View full post on Financial Times – UK Homepage
Summit swings behind Libyan rebels
Indications by Washington that it could arm the rebels in the event that their confrontation with Col Gaddafi descends into a stalemate View full post on Financial Times – UK Homepage
Annual household incomes fall for first time since 1981
The annual amount workers take home in their pay packets – adjusted for inflation – fell for the first time in three decades, as 2010 Q4 UK growth was revised slightly higher View full post on Financial Times – UK Homepage
FSA drops probe into Gartmore’s Rambourg
City watchdog drops investigation into hedge fund star almost a year after its inquiry triggered the break-up of the FTSE-listed asset manager he worked for View full post on Financial Times – UK Homepage