Archive for October 8th, 2012

RBS

RBS offloads consumer loans to financial services firm Paragon

British first mortgage and consumer finance firm Paragon Group Of Companies Plc (LON:PAG) said on Monday it had paid GBP25,000 (USD40,000/EUR31,000) to buy a portfolio of unsecured consumer loans from The Royal Bank of Scotland Plc (LON:RBS). The transaction was […]

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Morocco Telecom

France’s Vivendi mulls sale of its stake in Morocco-based Maroc Telecom

French media group Vivendi SA (EPA:VIV) is reportedly looking at the possibility of divesting its holding in Morocco-based telecom company Maroc Telecom (EPA:IAM), the Financial Times said on

Employment

Stronger demand for staff at UK firms in September

Demand for staff among UK firms increased at stronger rate in September, a new report showed today. The Report on Jobs, produced by the Recruitment and Employment Confederation (REC)

Broadcasting

Broadcaster ITV looks to the Nordic region with acquisition of Finland’s Tarinatalo

British broadcaster ITV Plc (LON:ITV) on Monday said it had taken over Finnish factual entertainment, reality and lifestyle programmes producer Tarinatalo Oy, in line with its transformation strategy

Mordern housing in England

UK housebuilder Persimmon acquires local rival Hillreed Homes

British homebuilder Persimmon plc (LON:PSN) said on Monday it had taken over regional sector player Hillreed Homes for GBP35.7m (USD57.4m/EUR44.3m) in cash, further reinforcing its presence in the

Facebook

Social networking site Facebook reaches 1bn active users

According to Mark Zuckerberg, chairman and chief executive of Facebook, the social network has now reached one billion active members, who log onto the site at least once

Virgin Galactic

Branson’s Virgin Galactic takes full control of The Spaceship Compnay

Virgin Galactic LLC, the company founded by Sir Richard Branson to pioneer commercial space travel, said it had assumed full control of The Spaceship Company (TSC) without providing

Turkcell introduces mobile wallet solution for all mobile phones

Turkey-based communications company Turkcell (NYSE: TKC) said it has developed the most advanced mobile wallet solution in the world, Turkcell Wallet, offering all innovative solutions on a single

Palo Alto networks proposes follow-on offering

Palo Alto Networks, Inc. (NYSE: PANW) said it has filed a registration statement with the U.S. Securities and Exchange Commission for a public offering of shares of its

NII Holdings names new chief financial officer

Differentiated mobile communications services provider NII Holdings, Inc. [NASDAQ: NIHD] said it has appointed Juan R. Figuereo as executive vice president and chief financial officer, effective October 17,

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