Archive for June 20th, 2012

BRITAIN - Vince Cable

Binding votes on executive pay announced by UK business secretary

Companies in the UK will have to introduce binding votes on executive pay under new plans announced by Business Secretary Vince Cable today. Arguing that there is evidence of a disconnect between pay and performance in large UK-listed companies, Cable …

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Unemployment down in the UK

New figures show drop in UK unemployment

There was good news this morning in the latest labour market statistics released by the UK's Office for National Statistics (ONS), with unemployment falling by 51,000 in the

Google

Google continues to increase market share in the UK

Google continued to gain ground in the four-week period leading up to 9 June, expanding its market share for the fourth month in a row, reaching close to

Ryanair aircraft

Budget carrier Ryanair unveils bid for Ireland’s Aer Lingus

Irish low-cost carrier Ryanair Holdings Plc (LON:RYA) unveiled a planned EUR1.30 per share cash offer for Aer Lingus Group Plc (LON:AERL), valuing the airline at EUR694m (USD881.5m).Ryanair

The fishing village of Mousehol, Cornwall

British fishermen losing out to aggressive Spanish fleets, profiting from EU subsidies

A family of Spanish fishing barons are profiting from EU subsidies and the secretive market in British fishing quotas, despite being blacklisted by environmental groups and charged with

Downtown Sao Paulo, Brazil

London-listed Sage enters Brazilian market with £125m acquisition of Folhamatic

British business management software firm Sage Group Plc (LON:SGE) unveiled on Wednesday its entrance into the Brazilian market through the GBP125m (USD197m/EUR155m) acquisition of a 75% stake in

Rupert Murdoch, News Corp

News Corp in AUD2bn bid to acquire Australia’s Consolidated Media

US media group News Corp (NASDAQ:NWSA) has made a cash AUD3.50 (USD3.60/EUR2.81) a share conditional, non-binding approach to buy Australian subscription TV company Consolidated Media Holdings Ltd (ASX:CMJ),

View of Rio, Brazil

Japanese Mizuho agrees to acquire the Brazilian corporate banking arm of WestLB

Japan's Mizuho Corporate Bank Ltd, a unit of Mizuho Financial Group Inc (TYO:8411), announced today it had signed a deal to take over the Brazilian corporate banking arm

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