Business week in review
Sunday 04 November 2012
Dame Marjorie Scardino may soon be leaving Pearson, but that hasn't hurt her eye for a deal. On Monday, the Financial Times owner agreed to merge Penguin with US giant Random House, creating a powerhouse in the global books market.
BP boss Bob Dudley cheered investors with a better-than-expected third-quarter profit of $5.2bn (£3.5bn) and raised the dividend payout to nine cents. Next chief executive Lord Wolfson increased full-year profit expectations to £590m-£620m after strong autumn trading.
At a loss...
The knives were out this week, with Apple head of retail John Browett among the first to feel the blade on Monday. Only six months after joining from the Dixons chain, he lost his job in a management overhaul.
This column’s sympathies go to UBS chief executive Sergio Ermotti, who claimed on Tuesday that taking the axe to 10,000 jobs was “difficult”, particularly in a business “which is all about its people”. On Wednesday, Barclays boss Antony Jenkins revealed two fresh probes by US regulators.
- 1 The truth about 'girl things': Three cheers for Heather Watson's honesty
- 2 Man who held up 'hire me' sign at Waterloo station returns a year later with 'I'm hiring' sign
- 3 UK weather: Snow to fall in the coming week with sub-zero temperatures to last until early February
- 4 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 5 Men behaving badly: Urinating while standing, 'manspreading' and the gendering of selfishness
Nigel Farage: NHS might have to be replaced by private health insurance
'We would evict Queen from Buckingham Palace and allocate her council house,' say Greens
French court convicts three over homophobic tweets, in case hailed as a 'significant victory' by LGBT rights campaigners
British Muslim school children suffering a backlash of abuse following Paris attacks
George Galloway condemns 'racist, Islamophobic, hypocritical rag' Charlie Hebdo at freedom of speech rally
Islamic history is full of free thinkers - but recent attempts to suppress critical thought are verging on the absurd
iJobs Money & Business
Negotiable: Recruitment Genius: A Tax Assistant is required to join a leading ...
£16000 - £25000 per annum: Recruitment Genius: This is an exciting opportunity...
£45000 - £47000 per annum + bonus + benefits: Ashdown Group: Java Developer / ...
£35000 - £38000 per annum + Benefits: Ashdown Group: Marketing Manager - Marke...