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- Nasser to take reins at BHP
- Jac Nasser, the former chief executive of Ford, is to become chairman of BHP Billiton, taking over from Don Argus who has been chairman of the group since 2001 and will step down next year.Mr Nasser has been on the board of BHP Billiton since 2006 as a non-executive...
- External links 2009-08-04
- Screen test for billboards as they spearhead the digital advance
- The oldest advertising medium is due for a makeover, according to William Eccleshare, the new chief executive of Clear Channel's international outdoor advertising business."People have been sticking things on walls for centuries, but there's now a real opportunity to change the business," he told the FT. "In 10 years,...
- News items 2009-10-26
- Cocaine use in the City still 'a real problem'
- The use of cocaine remains rife among City workers in spite of rising unemployment and lower wages following the credit crunch, leading physicians involved in the treatment of drug-abusing professionals have warned.Neil Brenner, medical director of Priory psychiatric hospital in north London, told the Financial Times that the number...
- News items 2009-10-27
- Shell shake-up to shed 5,000 jobs
- Royal Dutch Shell said on Thursday that a total of 5,000 staff would be leaving the Anglo-Dutch oil and gas group as part of a restructuring begun earlier this year.It gave the update on job losses as it announced a decline in third-quarter profit that was a little smaller...
- External links 2009-10-29
- GSK sees revenue growth as way ahead
- GlaxoSmithKline's traditional focus on prescription medicines in developed countries may fall to just a quarter of total sales, as the head of the UK-based drugmaker pledged further diversification to focus more on revenue growth than margins.Unveiling third-quarter results, Andrew Witty, who was appointed chief executive of the pharmaceuticals group...
- External links 2009-10-28
- Tips on how to write a good CV for the internet age
- With the popularity of Facebook and LinkedIn, the curriculum vitae might seem an anachronism. However, the proliferation of recruitment websites and online business networks means your CV may be widely available already. Potential employers could even be reading it even if you are not looking for a job. That,...
- News items 2009-11-01
- Grey is the new colour
- "A strange mixture of well-meaning steps at social reform, half-baked schemes for quasi-socialist industrial planning, regulation to protect consumers, welfare programs to help the hardest hit, government support for the cartelisation of industry, higher wages for some, lower wages for others, on the one hand government pump priming, on...
- News items 2009-10-30
- C&W veteran to take helm at 03B Networks
- O3B Networks, the Google-backed group seeking to provide satellite-based internet access to Africa, has recruited a former Cable & Wireless executive to take over from Greg Wyler, its founder, as chief executive.Mr Wyler, who pulled in initial funding from Google, HSBC and John Malone's Liberty Global cable group, will...
- External links 2009-11-02
- Johnson & Johnson to slash workforce
- Johnson & Johnson on Tuesday announced that it would slash 6 to 7 per cent of its 117,000 global employees by 2011 as it cuts costs to weather the global downturn and increase spending on new products.The move comes as the company sees a sluggish recovery from the global...
- News items 2009-11-03
- GM board to reconsider Opel sale plan
- General Motors' board is set to meet on Tuesday to reconsider the planned sale of Opel to Canadian car-parts supplier Magna and Sberbank, the Russian bank.The reassessment of the long sales process, which has been fraught with political haggling over job cuts and state financing, comes after the European...
- External links 2009-11-02
- Hampton joins Anglo American board
- Anglo American has appointed Sir Philip Hampton, the new chairman of Royal Bank of Scotland, as a non-executive director in what the South African-based mining group promises will be a shake-up in its boardroom.The appointment of Sir Philip comes less than a week after the state-supported bank accepted a...
- News items 2009-11-09
- Trinity looks to shut final-salary scheme
- Trinity Mirror has announced plans to close its final-salary pension scheme to existing members, as large UK employers including Barclays , Whitbread and IBM consider similar moves.The publisher of the Daily Mirror and many regional newspapers informed staff over the weekend that it was beginning a two-month consultation on...
- External links 2009-11-08
- Steep pay falls for senior managers
- Compensation is shrinking faster for senior managers of UK companies in the recession than for board members, according to a report by Deloitte.The surveyshowed senior managers sitting below board level are earning 8 per cent less than a year ago, while board members are taking home the same amount...
- External links 2009-11-11
- BBC reveals top executive salaries
- A 70p parking meter claim and a by Financial Times
- News items 2009-11-12
- Archie Norman to be new ITV chairman
- ITV will on Wednesday name Archie Norman, the former chief executive of Asda, as its new chairman, according to two people familiar with the situation.The appointment of Mr Norman, 55, a former Tory MP, will bring to an end an embarrassing seven-month succession process for the broadcaster as it...
- News items 2009-11-17
- UK arm of Joost put into liquidation
- The UK arm of Joost, the online video service founded by the creators of Skype and backed by big media investors, was put into liquidation this month after failing to find a buyer.The liquidation is the latest stage in the decline of the Netherlands-based company, which launched in 2007...
- External links 2009-10-14
- Johnson & Johnson profits beat estimates
- Johnson & Johnson on Tuesday reported third quarter profits that beat Wall Street estimates, but its sales declined on weak demand for pharmaceuticals.Net income at J&J jumped by 1.1 per cent to $3.3bn, or $1.20 a share, as the New Jersey-based company succeeded in cutting costs. J&J cut 900...
- External links 2009-10-13
- Unwelcome spotlight on ITV headhunters
- The tortured ITV succession process has drawn criticism from recruiters and thrown an unwelcome spotlight on their industry.The board of UK's biggest commercial broadcaster is searching for a new chairman and chief executive at the same time, leaving it in what headhunters describe as a "worst-case scenario".Peter Waine, a...
- External links 2009-10-11
- Strike ballot for energy workers
- A strike by thousands of workers at oil refineries and power stations including Sellafield moved closer yesterday after unions gave seven days' notice of a ballot on industrial action.The move was the latest in a grinding row between employers and workers over jobs and conditions in the engineering construction...
- External links 2009-08-04
- Q-Cells to cut 500 solar jobs
- Q-Cells, the world's biggest manufacturer of solar cells, on Thursday announced it would sack almost 20 per cent of its workforce in response to a slump in demand and a sharp drop in the price for solar components.The company said it would cut "permanently" around 500 jobs at its...
- External links 2009-08-13
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