Ivan Menezes celebrated his success landing the job as boss of the world's biggest drinks company, Diageo, with a glass of Johnnie Walker Blue Label whisky on the flight from London to New York. The promotion of the chief operating officer and company insider didn't scare the horses in the City as the shares barely twitched. But as he sipped the £130 liquor on the plane Mr Menezes might well have pondered the shoes he will have to fill when Paul Walsh, the FTSE 100's third longest-serving boss, departs.
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Friday 16 April 2010
Thursday 15 April 2010
An outfit called Desk Space Genie is in touch to suggest a little money-making scheme for these difficult times. If your company has been through a redundancy programme, why not earn a few bob renting out the desks that the poor unfortunates vacated. Desk Space Genie even has an online exchange to let you advertise the desk space you can offer.
Saturday 27 March 2010
Looking for relief at a time of stress
What were the regulators up to when the global financial system was crashing?
Saturday 06 March 2010
Friday 12 February 2010
Wednesday 03 February 2010
Sir Martin Sorrell, head of the advertising giant WPP, said governments may have to step in and support ailing newspapers if losses bring them to the brink of collapse.
Saturday 02 January 2010
On a positive year for the markets, how did our experts do? There were no stunning disasters, although it's worth noting that only two of our experts' tips outperformed the market.
Monday 02 November 2009
Much huffing and puffing amongst US expats about a coup pulled off by Patience Wheatcroft, the new editor-in-chief of the Wall Street Journal in Europe. Once Ms Wheatcroft has finished a revamp of the European edition of the paper, its owner, Dow Jones, plans to stop selling the US edition on this side of the Atlantic. Its small, but loyal, band of readers is not happy.
Saturday 31 October 2009
Friday 30 October 2009
Advertising and media giant WPP today predicted a "marked improvement" in second-half profits but warned that consumer confidence remained fragile.
Monday 26 October 2009
The oil majors will be in focus this week, with BP kicking off the third-quarter reporting season with its results tomorrow and BG following suit on Wednesday.
Sunday 25 October 2009
Sir Philip Green is getting ready to share that great big brain of his with you. For the Top Shop retail tycoon is offering to give 60 minutes of his "brain time" to the winner of a new online auction for charity.
Sunday 25 October 2009
All eyes will be on what Sir Martin Sorrell of WPP has to say about the world economy when he reports third quarter results this Friday as the advertising giant is such a bellweather of how companies are faring. Analysts reckon that WPP's revenues will be down by 9.4 per cent on the period, albeit slightly better than the second quarter's fall.
Saturday 17 October 2009
Lloyds Banking Group bucked a weak banking sector trend last night, rising even as its peers fell back after Deutsche Bank said it saw share price upside regardless of whether or not the group opts for the Government's asset protection scheme.
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