Category: Articles

An agreement signed between Sellafield Ltd and TEPCO FDEC will build a working relationship between the two firms facing the world's biggest nuclear clean-up jobs.

According to EY's 10th bi-annual Oil and Gas Capital confidence barometer, just over half (54%) of the oil and gas respondents view the global economy as improving, down sharply from 71% in October 2013.

Investment commitments by partner companies of Grow Africa – a programme established by the World Economic Forum, NEPAD and the African Union to accelerate the transformation of African agriculture – doubled to $7.2 billion in 2013.

More insurers should focus on the bulk annuity market if they expect to write fewer individual annuities under the new pensions regime announced in the recent budget, says American global professional services firm Towers Watson.

Boeing and Ryanair have finalized an order for five additional Next-Generation 737s, valued at $452 million at list prices.

Advisers are largely optimistic about the proposed savings and pension reforms and the advisory market in general, according to the latest Adviser Barometer from Aviva.

The European Insurance and Occupational Pensions Authority (EIOPA) has launched an EU-wide stress test for the insurance sector.

The increase in UK car production is driving substantial growth in automotive supply chain mergers and acquisitions, according to a leading industry expert.

Tullow Oil plc has announced that its subsidiary Tullow Oil SK Limited has entered into an agreement to sell 53.1% of its Schooner unit interest (currently 93.1%) and 60% of its Ketch asset (currently owned 100%) in the UK Southern North Sea to Faroe Petroleum (UK) Limited.

The UK's aerospace, defence, security and space trade organisation, ADS Group, has expressed its concerns about the uncertainties and risks associated with the outcome of the Scottish Referendum on the global competitiveness of companies across the UK.

BAE Systems has received a multi-ship, multi-option (MSMO) contract from the U.S. Navy to repair, maintain, and modernize nine destroyers and cruisers, either homeported in or visiting Pearl Harbor, Hawaii.

GE Capital International and Ares Management Ltd. have announced that the European Senior Secured Loan Programme (ESSLP), a €1.7bn joint venture between the two firms, has completed its seventh transaction with the closing of a £153m unitranche facility to refinance Parkdean, a leading holiday park operator in the UK.

Global smartphone shipments grew 33 percent annually to reach 285 million units in the first quarter of 2014, according to new research. Leaders Samsung and Apple lost slight traction in the quarter, while Huawei and Lenovo each held five percent market share worldwide.

Assets under management (AUM) in India grew by a healthy 9.2% year-on-year in 2013 to hit Rs 8.1 trillion (£78 billion). While this headline data may appear healthy, structural cracks are evident when the data is broken down, according to findings published in the Cerulli Edge periodical’s Asian Monthly Product Trends Edition.

Prices in Prime Central London (PCL) have risen a formidable 60% since the heady days pre-credit crunch, compared with a meagre 7% nationwide as the UK suffers pressure on employment, earnings and mortgages.

Oracle Capital Group, the global independent multi-family office and wealth consultancy, have announced the appointment of Vincent Mercer to its Advisory Board.

Consumers avoid doing business with an organization that has suffered a data breach at an alarming rate, according to a new study.

Annual pay rises are delivering a median 2.5% increase according to analysis, by UK online HR resource XpertHR, of 215 pay settlements effective in the three months to the end of March 2014. This figure matches the 2.5% retail prices index (RPI) inflation figure for March 2014. Over 2013 as a whole pay settlements were worth a median 2%, while RPI stood at 2.7%.

Force Over Mass Capital (FOMCAP) has launched a new SEIS/EIS investment vehicle which gives individual investors access to the rapidly growing start-up technology space while allowing them to receive tax reliefs of up to 64% of the capital invested under the Enterprise Investment Scheme.

Despite London firms’ optimism about the economy having soared to its highest level since the end of 2010, there is increasing concern about the negative impact of housing costs and the lack of good quality affordable housing, according to the latest CBI/KPMG London Business Survey.

Nearly 80% of European insurers expect to meet the requirements of Solvency II—the EU Directive that codifies and harmonises the EU insurance regulation, primarily concerning the amount of capital that EU insurance companies must hold to reduce the risk of insolvency—before January 2016, according to EY's European Solvency II Survey 2014.

A U.S. Court of Appeal has ruled in favour of scores of Chrysler dealers who were terminated during Chrysler's 2009 bankruptcy, holding that the U.S. government may have violated the 5th Amendment.

Corporate Responsibility Magazine has announced its 15th annual 100 Best Corporate Citizens List, recognizing the standout performance of public companies across the United States.

Latest developments in the Ukraine crisis are game-changers for investors, according to a leading global investment analyst.

More than half of early-stage companies identify sharing resources as vital to SME success, according to a report published by car sharing and car club service Zipcar, in conjunction with StartUp Britain and Ashridge Business School.

Increasing the number of women working in IT could generate an extra £2.6 billion a year for the UK economy, according to a new Centre for Economics and Business Research report commissioned by Nominet, the internet company best known for running the .uk internet infrastructure.

Two Tales Brewing, a family-owned brewing company from the Czech Republic that exports beer novelties around the globe, is planning to boost the global economy through a unique charitable marketing campaign.

The total high speed camera market is expected to reach $274.46 Million by 2020, at a compound annual growth rate of 5.39%, according to a new market research report.

Ongoing operations, force modernisation efforts, and the rising importance of precision strikes in contemporary military conflicts are driving the demand for global navigation satellite systems (GNSS), according to new analysis from global growth consulting firm Frost & Sullivan.

Worldwide information technology company Unisys Corporation has been selected by Her Majesty's Passport Office (HMPO) to implement its new Facial Recognition System (FRS).

Forex signals provider iFexx has launched an algorithmic investment program (AIP) for auto forex trading, aiming to help small investors implement a high-frequency trading strategy on their Forex account.

A new report suggests that development opportunities exist both in and beyond central London thanks to Crossrail—the new high frequency, high capacity railway for London and the South East—provided communities are ready to act on the project's regeneration potential.

An annual benchmarking study into the operating costs of UK retail investment platforms has identified increasing cost efficiencies in the operation of both fund supermarkets and wrap platforms.

Aviva, the UK's largest insurer, detected over £110 million worth of insurance fraud in 2013 – a 19% increase compared with 2012.

Mid-tier accountancy firm Carter Backer Winter LLP has appointed Odhran Dodd, formerly a Partner at UHY Hacker Young LLP to head its new Corporate Finance department.

The stamp duty exemption for securities trading on growth markets, coming into effect on Monday 28th April, will give investors a further reason to back ambitious companies but is unlikely to have much impact on where issuers choose to list, says a partner at law firm Hogan Lovells.