Business Diary: Corus doing better, but only in France
Wednesday 16 December 2009
Good news from the steel firm Corus. No, it isn't intending to keep its Teesside steelworks open after all, but it is proud to announce that it will invest €35m in one of its facilities in France, having won a contract from the state-owned railway company, SNCF. We could do something similar in this country, of course, had we not privatised the railways.
Ryanair fails to spot an open goal
What's going on at Ryanair? It has been two days now since the British Airways strike was announced, yet the Irish budget carrier still hasn't dispatched a press release revelling in its rival's misery. Normally it gets something out within minutes. Instead, the vacuum has been filled by BMI, which wants the world to know that it "will do all we can to assist passengers who have been caught up in the dispute".
Why Accenture should have raised Tiger's pay
Top marks to Campaign magazine's Rory Sutherland, who makes this point on his blog about Accenture's decision to dump Tiger Woods. "Surely Tiger's decision to outsource sexual services to a range of competing providers is in line with management consultancy's established best practice?" he writes. "The arrangement where he could have anything from nil to three girls on call at any one time allows for better load-balancing, enabling him to handle the peaks and troughs of demand better than under the previous inflexible arrangement."
Bankers can't depend on beating bonus tax
Eversheds makes a good point about Alistair Darling's new bank bonus tax. Though it applies to awards made in the 2009-10 tax year, the detail of the legislation governing the charge isn't due until after that period has ended, the City law firm points out. It may be tougher to dodge this one than expected then.
No need to put these goodies on expenses
Happy news for freeloading MPs. Cadbury's is taking its campaign against a Kraft buyout to the House of Commons today, and promises free chocolate all round.
Number of the day: £39bn
The rise in value of homes in Britain during 2009, according to Zoopla, following an £811bn slump in 2008.
Culinary experts in The Netherlands thought it was 'fresh' and 'tasty'
Of all the computers Apple has ever made there’s only one that Steve Jobs had to sell his car to finance
Actress sees off speculation about her face in an amazing way
Marvel has released first teaser trailer week early after it leaked online
The sound of Goodfellas mafioso Frankie Carbone demanding $250m in “damages” would be chilling enough on film, let alone in real life.
- 1 Nokia no more: Microsoft drops once-ubiquitous mobile name – in favour of its Lumia brand
- 2 Renee Zellweger on plastic surgery: 'I'm living a fulfilling life and I'm thrilled that perhaps it shows'
- 3 Banksy not arrested: Internet duped by fake report claiming artist's identity revealed
- 4 Australian café owner sparks debate after saying 'No' to having unruly children on premises
- 5 Paralysed man Darek Fidyka walks again after treatment by British doctors on brink of 'cure' for paralysis
Ottawa shooting: Canadian soldier dies after being shot at National War Memorial – with one gunman killed inside parliament
Renee Zellweger on plastic surgery: 'I'm living a fulfilling life and I'm thrilled that perhaps it shows'
Isis releases first video showing the stoning of woman accused of committing adultery as her father shouts 'don't call me Dad'
Banksy not arrested: Internet duped by fake report claiming artist's identity revealed
Diwali 2014: What is the festival of lights and how is it celebrated around the world?
Cameron is warned 'no possibility' of UK reducing immigration and that bid to bring in quota on migrant workers would be illegal
Of course, teenage girls need role models – but not like beauty vlogger Zoella
Support for EU membership 'at highest level since 1991' with most Brits wanting to stay 'in'
Residents should throw a street party and mix with immigrant neighbours, councils told
Russell Brand threatened with arrest after filming outside Fox News headquarters
London bus driver 'kicks gay couple off for kissing'
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