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The Business Matrix: Tuesday 7 August 2012
Bluewater set to get even bigger
Kent's Bluewater shopping centre is about to become the UK's biggest. Australian property group Lend Lease is applying for planning permission for a 375,000 sq ft extension to the 1.6m sq ft mega-mall. Public consultation for the extension begins in September.
Samsung, Apple accusations fly
Samsung and Apple traded blows in California last night in their court case over copyright. Samsung denies it is ripping off Apple designs. "It's called competition," a Samsung lawyer said. Apple's lawyer replied: "Artists don't laugh that often when people steal their designs."
Catlin rebounds from earthquake
Catlin, the Lloyd's of London insurer, turned last year's first-half loss of $201m into a $231m pre-tax profit in the six months to July as the world faced no major catastrophes. Last year it paid out for Japan's massive Tohoku earthquake and tsunami.
Heritage seeking funds for Nigeria
Tony Buckingham's Heritage Oil tapped the City for $370m yesterday as the explorer looks to fund sub-Saharan Africa's biggest-ever upstream oil deal. He is aiming to buy a 45 per cent stake in OML 30, a major oil exploration licence in Nigeria.
- 1 I was raped by another man. And now the Government wants to take away the one thing that saved my life
- 2 Preston fan who appeared to snatch Jermaine Beckford's shirt from eight-year-old boy identified and says: 'the truth will come out'
- 3 Priest warns pupils the 'Charlie Charlie Challenge' is 'demonic activity'
- 4 Iran launches anti-Isis cartoon competition 'to expose true nature of Islamic State'
- 5 Puerto Rico, island of lost dreams: People are leaving the debt-hit territory in droves as near neighbour Cuba's star rises