Archive for January, 2013


Sky reports profit up 7.5% and announces pay-as-you-go Sky Sports

UK satellite broadcaster British Sky Broadcasting Group plc (Sky) (LSE:BSY) has reported a 7.5% increase in profit for the six months to 31 December 2012. The company, which is 39% owned by Rupert Murdoch’s News Corporation, reported today that pre-tax […]

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Diageo expects decision on United Spirits deal by end of first quarter

UK branded premium alcoholic beverages group Diageo Plc (LON:DGE; NYSE:DEO) anticipates that Indian regulators will give their response to its planned deal for Indian sector player United Spirits

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Private equity firms team up to bid for Vivendi’s Brazilian unit GVT

A group of private equity firms, including KKR & Co LP (NYSE:KKR) and Apax Partners LLP, intends to make a joint bid of as much as USD5bn (EUR3.7bn)

4 Helpful Tips for Deciding Where to Stash Your Cash

It's always nice to have extra cash just lying around, but sometimes you can end up saving hundreds or thousands of pounds that simply sit there. Having all


Italy’s UniCredit raises €890m from sale of stake in Poland’s Bank Pekao

Italian financial group UniCredit SpA (BIT:UCG) said it had pocketed some EUR890m (USD1.2bn) from the sale of 9.1% in its Polish unit Bank Pekao SA (PINK:BKPKF). The group sold

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US hair products firm Vogue seeks buyers for Organix Hair Care unit

US hair and personal care products manufacturer Vogue International is looking to sell its Organix Hair Care unit, hoping to collect at least USD800m (EUR590m) in the process,


More profits in the world of the internet

As stores see a decline in sales in-store, there is still an increase in their profits. Why? There are many people buying online instead of going in-store. There

Bank of England

Bank of England reports continued rise in mortgage approvals

Further signs are emerging of a recovery in the UK housing market, as the Bank of England said today that mortgage approvals rose again in December 2012. The number

Citibank is the retail arm of Citigroup

Citigroup seeks buyers for Brazilian credit card and consumer finance unit

US financial services group Citigroup Inc (NYSE:C) is looking to divest the Credicard consumer finance unit of its Brazilian business as part of a plan to concentrate on


US-based food group Hostess to sell Twinkies to private equity

US wholesale baker Hostess Brands Inc could soon announce a deal worth around USD400m (EUR296.2m) to divest certain snack cake brands such as Twinkies and Donettes to buyout

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