Archive for December 11th, 2012

Costa Coffee

Coffee chain Costa boosts Q3 sales at Whitbread

UK hotel and restaurant group Whitbread plc (LSE:WTB) announced today an increase of 3.3% in like-for-like sales for the third quarter of 2012, boosted by strong performance at its coffee chain Costa, which is expanding its operations. Sales at Costa […]

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Tequila

London-listed drinks giant Diageo walks away from Jose Cuervo deal

UK branded premium alcoholic beverages group Diageo Plc (LON:DGE; NYSE:DEO) on Tuesday said it had

Luxembourg is the home of many multinationals for tax purposes

Multinational companies to feel increased pressure from local tax authorities

Is it inevitable that multinational companies pay pitifully small sums in tax relative to huge profits? Not necessarily because amid growing political and public outrage at how multinationals organise

Google

UK’s Pace in early talks to acquire Google’s Motorola Home unit

UK set-top boxes manufacturer Pace Plc (LON:PIC) confirmed it had made an indicative, non-binding proposal and was currently in preliminary talks over a potential deal to buy Google

Chinese flag

Regulatory hurdles in China and South Africa delay Glencore and Xstrata merger

Swiss commodities trader Glencore International Plc (LON:GLEN) said that it and UK miner

HSBC

HSBC sells stake in Asian JV with Global Payments for $242m

US payment processing services provider Global Payments Inc (NYSE:GPN) has executed an agreement that will give it full ownership of the Asian-Pacific joint venture established in partnership with

Vonage CFO Barry Rowan departs company

Vonage Holdings Corp. (NYSE: VG) reported that Barry Rowan, executive vice president, chief financial officer and Chief Administrative officer, has decided to leave the company to pursue another

Cbeyond launches TotalCloud Phone System in US

Cbeyond Inc. (NASDAQ: CBEY) has announced its TotalCloud Phone System in the US

Designed specifically for single or multi-location businesses with office, remote and mobile workers, TotalCloud Phone System

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