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Bosses of Woolworths and Coles defend profitability on first day of inquiry
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Legal & General and Abrdn criticise offer as undervaluing UK-listed miner
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...Talksport Ltd — which owns Times Radio, Virgin Radio, Talksport and Talkradio — reported a profit of £8.6mn....
...The group, which owns large parts of London’s Mayfair and Belgravia, is planning to more than double its flexible office footprint to 300,000 sq ft, equivalent to about a fifth of its UK office portfolio...
Company’s exit would deal another blow to City’s status as home to listed mining groups
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...For decades the plans — which promise guaranteed pensions calculated on salary and length of service — formed the bedrock of British workplace pension provision....
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Wealthy customers are pouring more money than ever into customisation, pushing carmakers to invest in supply chains and dedicated teams
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...Kaan Peker, analyst at RBC, singled out Glencore and Vale as two potential suitors because of the potential to cut costs by combining the Swiss group’s copper mines with Anglo’s....
...A Chinese state-backed miner, such as Zijin Mining, or an Indian group, such as Vedanta, might also seek to trump BHP’s bid or make a play for individual Anglo assets, said Meyer....
...victims of phone hacking and other unlawful activity upped the ante on Wednesday by seeking approval from the High Court in London to include additional allegations in their civil lawsuits against News Group...
...Honda’s tie-up with Sony generated much excitement when it was announced, but it remains unclear how committed the entertainment group is....
...Last week European private equity group CVC Capital celebrated a fun fiesta in the capital markets, with balloons and everything....
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As building mines gets harder, the time needed to produce cash flows is daunting
...The combined group would get 46 per cent of forward ebitda from iron ore and 44 per cent from copper, points out Jefferies. To up the price, BHP would need to find some savings there....
...He holds a “small stake” in the group....
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