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January 16, 2010
Qinetiq's shares tumble after second warning over profits
...half and second half was about 45 per cent to 55 per cent. Qinetiq also announced yesterday that its new chairman would be Mark Elliott, who joined the board in May. The present incumbent, Sir John Chisholm, retires from the board, next month. Last November , Qinetiq said that uncertainty over US policy in Afghanistan and poor... By John O'Doherty
January 15, 2010
Qinetiq shares plunge on second profit warning
...year, as it named a new chairman to replace incumbent John Chisholm. “The board now believes that the normal trading pattern of...Qinetiq also announced on Friday that its new chairman would be Mark Elliott, who joined the board of Qinetiq in May. Mr Chisholm’s exit from the board, which will occur at the end of... By John O’Doherty
8:24am
Greek rescue hopes help bourses regain poise
22:00 GMT. Dow below 10,000! Europe on the fiscal precipice! Never fear, Jean-Claude is coming.The euro rallied, commodities By Jamie Chisholm, Global Markets Commentator
2:00am
Firecracker
Hong Kong Ballet's Firecracker - premiered last weekend to mark Chinese New Year this Sunday - is a novel take on Tchaikovsky's familiar Nutcracker . Choreographed by Yuri Ng and Yuh Egami... By Kevin Ng
2:00am
Bernanke to set out Fed exit strategy
...economists have indicated that a policy shift is still months away.Mr Bernanke's appearance on Capitol Hill today was supposed to mark a turning point in the recovery of the US economy. The Fed chairman was due to face legislators for the first time since his... By James Politi in Washington
2:00am
Increase in retailCVAs expected
...into other sectors, including leisure and financial services.However, the growing trend for CVAs has attracted criticism.Mark Bowles, property director for HMV Group, said: "I can see why CVAs are used although I don't agree with some of the motives... By Esther Bintliff and Anousha Sakoui
12:22am
Increase in retail CVAs expected
...companies to discuss proposing CVAs to resolve their distress.” However, the growing trend for CVAs has attracted criticism. Mark Bowles, property director for HMV Group, said: “I can see why CVAs are used although I don’t agree with some of the... By Esther Bintliff and Anousha Sakoui
2:00am
FSA in choppy waters as captain jumps ship
...s tenure as governor ended in June 2013, allowing for a fresh start at the top of an institution taking on big new powers.Mark Hoban, shadow City minister, and Sir James Sassoon, an adviser to Mr Osborne, were working with an "implementation group... By George Parker, Brooke Masters and Patrick Jenkins
2:00am
US to seek sanctions on Iran in 'weeks'
...its stated purpose, to produce isotopes for medical use."I think Iran all along intended to enrich to 20 per cent," said Mark Fitzpatrick, proliferation expert at the International Institute for Strategic Studies, "ostensibly to supply the research... By Daniel Dombey in Washington, Najmeh Bozorgmehr in,Tehran and James Blitz in London
2:00am
Sants' departure is another blow to the FSA
...institutions' stress testing had not taken account of possible "sudden and abrupt changes in ratings and liquidity" - was on the mark, but came too late. As a board member at the FSA before that, albeit with responsibility for the wholesale sector, he must... By Andrew Hill