Monthly Archives: March 2015

HP sues Autonomy founder Mike Lynch for $5.1bn over fraud claims

They joined HP as part of the acquisition but left acrimoniously around six months later in May 2012. That November, a year after the deal was completed, HP announced it would wipe out $8.8bn of the value originally placed on […]

Google Maps launches Pacman on real streets

Google has launched an April Fool’s Day version of Google Maps that allows users to play the classic arcade game Pacman on real streets. Google Map users can access the Pacman version by clicking on the icon in the bottom […]

‘Can we simplify our Isas and take less risk?’

The holdings duplicated are Amec, Close Brothers, Connect Group, easyJet, GlaxoSmithKline, Hilton Food Group, HSBC, Sainsbury’s and SSE. Remaining non-Isa holdings are BAE Systems, BAT, Carillon, Cineworld, GKN, Legal & General, WH Smith, National Grid and XP Power. Our poor […]

Greek stalemate to last until after Easter as Goldman Sachs warns of costly Grexit

The Greek government hopes to hit an ambitious budget surplus of 1.2pc of GDP by the end of 2015, a forecast which is contingent on the economy growing by 1.4pc this year. This was a “generous-sounding” calculation particularly if creditors […]

Shore Capital benefits from flurry of stock market floats

Shore Capital, the stockbroker and investment manager, has grown its profits by 54pc after a flurry of activity in new share sales last year. Shore helped to raise £2.4bn for its clients through stock market sales, including seven initial public […]

Germanwings crash: ‘kneejerk reactions’ not a good idea, says easyJet boss

“And clearly every airline in the world, given what’s happened, will be looking at what they do and how they do it to see if they can do anything that would improve the visibility you might have about the mental […]

Bulking up: Private equity firms gaining muscle with gym deals

Total Fitness, a Cheshire-based gym chain, is gearing up for new owners after the latest deal by a private equity firm to bulk up in the gym sector. North Edge, which focuses on deals in Northern England, is backing a […]

The Kardashian Konundrum

Why do we click on them when we know we hate them so much, wonders Shane McGinley? “Infamy! Infamy! They’ve all got it in for me!” Kenneth Williams’ famous gag from 1964’s Carry On Cleo was voted the funniest comedy […]

Angela Merkel faces euro rebellion as senior official resigns over Greek bail-out support

Political tensions in Europe’s largest creditor nation were laid bare after a senior ally of Angela Merkel’s ruling party stepped down over his opposition to Greek bail-out support. Peter Gauweiler, deputy chairman of the Christian Social Union – the sister […]

Associated British Ports stake sold for £1.6bn

Hermes, which is owned by the BT pension scheme, and its Canadian partner are buying the 30pc stake from Goldman Sachs Infrastructure Partners and InfraCapital, a Prudential subsidiary. Hermes and CPPIB saw off competition from Malaysia’s sovereign wealth fund, Dutch […]