Today's letter from the Editor
£550 - £650 per day: Orgtel: Business Analyst - Traded Credit Risk - Investmen...
£32000 - £35000 Per Annum: Clearwater People Solutions Ltd: Our client based o...
£55000 per annum: Harrington Starr: A financial software vendor at the forefro...
£600 per day: Harrington Starr: .NET Developer C#, WPF,BLL, MSMQ, SQL, GIT, SQ...
The Business Matrix: Saturday 14 July 2012
Italy's credit rating cut by Moody's
The ratings agency Moody's cut Italy's credit score by two notches yesterday as it faces a "sharp" rise in funding costs due to contagion risks from Greece and Spain. Italy's 10-year borrowing costs hit 6 per cent at one point, but it still raised €3.5bn (£2.8bn) in three-year debt at 4.65 per cent.
Cove Energy bid heads for auction
The match between Shell and Thailand's PTT for the oil explorer Cove Energy is heading for a penalty shoot-out. The City's referee, the Takeover Panel, said the pair must declare final offers by 5pm on Monday or else enter an auction, where each will be able to revise its bid once a day from Tuesday until a deal is sealed.
Construction still on the slide
An extra day at work failed to help builders in May as construction output sank again. The 6.3 per cent slide in official figures came despite a bank holiday being moved to June for the Diamond Jubilee. The industry, which accounts for 7 per cent of UK output, is expected to weigh on second quarter growth.
- 1 'Alien thigh bone' on Mars: Excitement from alien hunters at 'evidence' of extraterrestrial life
- 2 Jeremy Clarkson 'sees no problem' with his racist language on Top Gear, says BBC
- 3 Richard Dawkins on babies with Down Syndrome: 'Abort it and try again – it would be immoral to bring it into the world'
- 4 London restaurant 34 creates champagne glass modelled on Kate Moss’ left breast
- 5 ALS ice bucket challenge co-founder Corey Griffin drowns, aged 27