The Artesian blog takes a look at the business headlines, For personalised daily news, contact Artesian
Business leaders seen more upbeat - Business leaders are more upbeat about the prospects of economic recovery at any time since the recession began, a ComRes poll for the Independent showed on Wednesday.
The survey of 170 leading businessmen showed that 38 percent detect signs of recovery in their sector, up from last month's 33 percent. (full story)
London bike scheme firm profit up - Serco, which has been awarded the contract to operate London's new bike hire scheme, said profits have surged as it won a record amount of contracts.
Pre-tax profit rose 33% to £83.4m in the first six months from the same period last year. (full story)
BT and Virgin Media attack Government plans to curb illegal downloading - BT and Virgin Media have launched an attack on the Government following the announcement of plans to punish illegal file-sharers by cutting off their internet connections.
Both have expressed objections to the latest plans to by Stephen Timms, the minister for Digital Britain, which go against previous proposals announced at by his predecessor Lord Carter as part of his Digital Britain report two months ago. (full story)
WPP warns of bleak year ahead as profits dive 47% - WPP, the world's largest advertising group, today gave warning of bleak market conditions next year despite a string of large sport-related marketing opportunities, as the “severe” recession almost halved its first-half profits.
The acquisitive advertising group, which owns the Ogilvy & Mather Worldwide public relations company, said that underlying revenues for the first six months of the year fell 8.3 per cent, as it felt the effects of a stagnant market. Shares dropped more than 5 per cent in early deals, losing 27p to 493p. (full story)
PartyGaming seals first US deal since settlement - PartyGaming has struck its first deal in the US since agreeing a $105m (£64m) settlement to avoid prosecution, with the acquisition of a TV producer specialising in poker, but remained cagey over further plans to return to the market.
The Gibraltar-based company yesterday announced it was to buy WPT Enterprises – known as World Poker Tour – for $12.3m. The deal also included a revenue sharing agreement that will see it pay out at least $3m to WPT's owners for the next three years. (full story)
0 comments:
Post a Comment