Business week in review
Sunday 28 October 2012
In profit ...
BP boss Bob Dudley was surely cracking open the vodka on Monday, when BP agreed to sell its half of the TNK-BP joint venture to Rosneft for $27bn (£16.8bn) in cash and shares.
On the same day, search engine Yahoo! unveiled adjusted earnings per share for the third quarter of 35 cents, up on the forecast 25 cents. Not a bad first impression for new chief exec Marissa Mayer.
And Wednesday saw British American Tobacco chief Nicandro Durante puff up 4 per cent revenue growth.
... at a loss
On Monday black-cab maker Manganese Bronze crashed into administration as a steering defect sparked a cash crisis. Boss John Russell says London's 'Icon' cabs will be saved.
Wednesday saw ex-Société Générale rogue trader Jéröme Kerviel fail in his appeal against a three-year jail term. He was ordered to repay the near €5bn (£4bn) he lost the bank; it will take him 300,000 years ...
And it was a bad Thursday for WPP head Sir Martin Sorrell as shares fell on news his ad giant had cut revenue-growth forecasts for the second time since August.
- 1 Venezuela Expo Tattoo 2015: Extreme body art from 'Vampire Woman' to 109mm earlobes
- 2 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 3 Ball pool for adults opens in London
- 4 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
- 5 Rashida Jones speaks out against male-centric porn saying 'women should have sex and feel good about it'
Boris Johnson claims porn-obsessed Islamic jihadists are 'literally w*****s'
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Putin opponent reveals Russian President's daughter's secret identity
Ball pool for adults opens in London
Gay couple buy JebBushForPresident.com web domain, and refuse to sell
9 reasons Greece's experiment with the radical left is doomed to failure
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
King Abdullah dead: We can't afford not to hold Saudi Arabia's royals to account
iJobs Money & Business
£40000 - £50000 per annum: Recruitment Genius: This is an exciting opportunity...
£30000 - £35000 per annum + Benefits: Ashdown Group: Marketing Manager - Marke...
£13000 per annum: Recruitment Genius: This Pension Specialist was established ...
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...