Archive for February 22nd, 2013

Unemployment figures still high

Work Programme for UK unemployed is failing, report says

A scheme introduced by the UK government to help long-term unemployed people into work is performing well below expectations, the Public Accounts Committee said in a report published today. In its assessment of the first 14 months of the Work […]

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Burberry

Luxury brands group LVMH eyes London-listed Burberry

French luxury goods maker LVMH Moet Hennessy Louis Vuitton SA (EPA:MC) may pursue an acquisition of Burberry Group plc (LON:BRBY), according to traders, quoting market speculations. A big takeover

HSBC

HSBC increases stake in Irish oil and gas explorer Providence

UK financial services major HSBC Holdings Plc (LON:HSBA) has increased its interest in Irish oil and gas exploration and appraisal firm Providence Resources Plc (LON:PVR) to 6.65% as

Ben Verwaayen, Alcatel CEO

French government mulls investment in Alcatel-Lucent — report

The French government may buy a minority stake in Alcatel-Lucent SA (EPA:ALU) as part of efforts to protect the telecommunications equipment company's patents, Bloomberg reported today citing insiders. An

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