SSE successor faces unenviable task
Ian Marchant has timed his well-pensioned retirement from SSE fortuitously. Controversy comes with the territory when you are chief executive of a big energy company. For example, on…
Soros pumps £50m into UK broadband group
George Soros has invested close to £50m through his fund management group into Hyperoptic, the British fibre broadband provider, to help expand the business across the UK. Hyperoptic…
Lack of PFI deals drives secondary market
Walking through any British city, it is easy to gauge the government’s appetite for new public buildings: of the few construction sites, hardly any bear the blue logos…
Yahoo must try to make Tumblr’s magic last
Ian Schrager, founder of a string of trendy boutique hotels, didn’t start out in the…
GE eyes consumer finance unit IPO
General Electric is considering listing its consumer finance operations to fund more share buybacks and…
Miner ECR’s placing knocks a quarter off its share price
Shares in ECR Minerals lost a quarter of their value on Wednesday as it emerged…
Rating agencies under fire again
After coming under fire for their blessing of risky mortgage backed securities in the lead-up…
Google defends taxes from Labour onslaught
Eric Schmidt defended Google’s tax practices on Wednesday and said the internet group would continue…
Penguin pays $75m to resolve ebook claims
Penguin has agreed to pay $75m plus costs to resolve all US antitrust claims in…
US doctors paid $1bn by drug companies
A dozen leading drug companies paid US doctors a total of more than $1bn last…
