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Wednesday, 23 May 2012
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Stepping down from ARM Holdings

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Written by Dailynews.vn Wednesday, 23 May 2012 01:43

Stepping down from ARM Holdings When Tudor Brown stepped down as president of ARM Holdings earlier this month, he left behind one of Britain's and indeed the world's, most successful technology companies. The designs it produces have been licensed and used to build processors at the heart of many of today's bestselling gadgets. Samsung's Galaxy phones and tablets, Amazon's Kindle e-read...
 
 

Fashion for people with disabilities

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Written by Dailynews.vn Wednesday, 23 May 2012 01:43

Fashion for people with disabilities For most of us, getting dressed is a straightforward part of our morning routine. However, for wheelchair users and people with limited mobility it can be a real challenge. Doing up zips and buttons can be a frustrating struggle - and how do you find trousers that slip on easily when you find it difficult to stand? "It's something that you wouldn't think about unti...
 
 

How Barca is selling its brand to fans

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Written by Dailynews.vn Wednesday, 23 May 2012 01:43

How Barca is selling its brand to fans They might have lost to Chelsea in the Champions League and surrendered their La Liga title to Real Madrid, but FC Barcelona remain one of the great football clubs in the world. With its "more than a club" slogan, it also is a flagship for Catalonia, while at the same time being one of the globe's major sporting brands. The club estimates it has 349 million fans or...
 
 

Man City 'best value for money'

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Written by Dailynews.vn Wednesday, 23 May 2012 01:43

Man City 'best value for money' Manchester City have won the Premier League title and are also top of the league of value for fans, according to the ING Direct Value table. The bank chart compares club season ticket costs with Premier League performance and entertainment value and getting the most points for your pound. ING places QPR, who just avoided relegation, at the bottom of the table. Wigan, who...
 
 

JPMorgan suspends share buy-back

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Written by Dailynews.vn Wednesday, 23 May 2012 01:43

JPMorgan suspends share buy-back JPMorgan Chase has suspended its share buy-back programme, following a recent $2bn (£1.2bn) trading blunder. But the bank's chief executive, Jamie Dimon, said at a conference in New York that it would keep paying a dividend. JPMorgan was scheduled to buy back $15bn of shares over the next year, but it now needs the cash to meet new rules on the capital banks must hold. ...
 
 

Qantas splits business divisions

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Written by Dailynews.vn Wednesday, 23 May 2012 01:43

Qantas splits business divisions Qantas has said it will split its international and domestic operations into two separate divisions as it looks to restructure its business. The firm said the split was aimed at cutting costs and streamlining its efforts to make its international operations profitable. Its international division has been making a loss amid volatile fuel prices and falling demand. On Mon...
 
 

US targets tougher Iran sanctions

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Written by Dailynews.vn Wednesday, 23 May 2012 01:43

US targets tougher Iran sanctions The US Senate has approved a bill to tighten sanctions against Iran in a bid to force Tehran to abandon its nuclear programme. The new sanctions will target Iran's Revolutionary Guard and investigate its role in the export of oil from the country. It will also make it mandatory for US-listed firms to disclose any Iran-related business to the authorities. The move ...
 
 

Bank of England's role examined

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Written by Dailynews.vn Wednesday, 23 May 2012 01:43

Bank of England's role examined The Bank of England's supervisory court has commissioned three independent reviews into its performance during the financial crisis. They will examine support for UK banks immediately after Lehman Brothers' collapse, subsequent liquidity to the banking system, and the Monetary Policy Committee's forecasting record. Sir David Lees, Court chairman, said "practi...
 
 

Nissan's Infiniti in China move

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Written by Dailynews.vn Wednesday, 23 May 2012 01:43

Nissan's Infiniti in China move Nissan's upscale car brand Infiniti has established its global headquarters in Hong Kong as it looks to increase car sales in China. Nissan boss Carlos Ghosn said the move to the southern Chinese city would help Infiniti boost its share of the luxury car market to 10% from 3% currently. Last year, it sold just under 20,000 units in China, which is now the world's larges...
 
 

Global warning on youth jobless

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Written by Dailynews.vn Wednesday, 23 May 2012 01:43

Global warning on youth jobless Almost 13% of young people worldwide are out of work, and their situation is unlikely to improve for four years, a report by the International Labour Organisation (ILO) says. Many skilled young people are being forced into part-time and unskilled work, the report says. It warns of a "crisis" with more than six million people so disillusioned they have given up looking ...
 
 

Europe woes hit Vodafone results

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Written by Dailynews.vn Wednesday, 23 May 2012 01:43

Europe woes hit Vodafone results UK mobile phone giant Vodafone has reported flat profits after being hit by the economic downturn in Europe. The company said it had written down the value of its assets in Italy, Spain, Portugal and Greece by £4bn. It said the region's economic weakness, together with a tough regulatory environment, had made revenue growth in Europe "increasingly challenging". ...
 
 

Euro 'threat' to global outlook

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Written by Dailynews.vn Wednesday, 23 May 2012 01:43

Euro 'threat' to global outlook The eurozone crisis is the single biggest threat to the global economy, according to the Organisation for Economic Co-operation and Development. The 17 nations that use the euro will see their economies shrink 0.1% this year, before rebounding to 0.9% growth next year, the OECD predicts. By contrast, the US economy will expand by 2.4% this year and 2.6% in 2013. The OEC...
 
 

Energy bill to boost clean power

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Written by Dailynews.vn Wednesday, 23 May 2012 01:43

Energy bill to boost clean power The government's draft energy bill, designed to encourage major investment in clean energy generation, could result in higher consumer bills, critics have said. The bill outlines long-term contracts to encourage investment in nuclear and renewable energy. But Energy Secretary Ed Davey told the BBC these did not amount to public subsidies for new nuclear plants. He s...
 
 

Bogus PPI complaints 'hit 6,000'

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Written by Dailynews.vn Wednesday, 23 May 2012 01:43

Bogus PPI complaints 'hit 6,000' Nearly 6,000 people put in bogus compensation claims to the Financial Ombudsman last year, saying they had been mis-sold payment protection insurance (PPI). The figures emerged as PPI drove a 28% increase in complaints to the ombudsman in the past financial year. There were 157,716 gripes raised about PPI - a 51% rise on 2010-11. Although unjustified complaints made up l...
 
 

M&S posts fall in annual profits

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Written by Dailynews.vn Wednesday, 23 May 2012 01:43

M&S posts fall in annual profits Marks and Spencer has reported a fall in annual profits in what the retailer describes as a tough environment. Pre-tax profits for the year to the end of March were £658m, down 16% from the previous year's £781m. Like-for-like sales in the UK, which measure sales in stores open for more than a year, were up 0.3% on last year. The company said it was scaling back i...
 
 
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