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  • Imperial Tobacco growth brands outperform the market City A.M. - Wed, May 7, 2014 07:27 BST
    Imperial Tobacco growth brands outperform the market

    Imperial Tobacco has reported a profit before tax of £648m for the six months to 31 March, down from the £830m seen over the same period the previous year.The company's revenue suffered a five per cent ...

  • There’s no such thing as a Shore thing in wine City A.M. - Fri, May 2, 2014 01:38 BST

    THERE were a few in the City starting to wonder whether or not Shore Capital’s wine tasting do was going to happen at all this year. The annual knees-up usually takes place in February but as March and ...

  • Blockbuster TV show buoys Time Warner’s first quarter revenues

    GAME of Thrones has helped boost Time Warner’s quarterly results, with the media group, which owns pay-TV channel HBO, reporting a nine per cent jump in revenues.Time Warner – which is in the process of ...

  • BT extends free TV sport offering until 2015 for its 5m subscribers

    BT’S BROADBAND customers will get free BT Sport channels for another year after the company said it has no plans to charge over the next sporting season.The telecoms giant yesterday announced that its ...

  • Tobacco giant BAT’s revenue drops by 12pc City A.M. - Thu, May 1, 2014 01:08 BST

    BRITISH American Tobacco saw its declining sales ease off during the first quarter, but revenues were hit by unfavourable foreign exchange rates.The world’s second largest cigarette maker yesterday reported ...

  • British American Tobacco sees volumes fall despite emerging market growth

    British American Tobacco (BAT) has reported a fall in revenue of 12 per cent at current rates of exchange for the three months ended 31 March. The decline in revenue was attributed to lower volume and ...

  • Samsung’s smartphones sales slide on increasing competition

    SAMSUNG Electronics, the division of the South Korean tech superpower responsible for smartphones and household appliances, saw profits slip 3.3 per cent during the quarter to March as its margins were ...

  • Car insurance premiums fall by £30 a month on average in 2014

    MOTORISTS are enjoying cheaper car insurance premiums as the trend for discounts continues into 2014. Industry body the Association of British Insurers has revealed the results of its latest market tracker, ...

  • Porsche and Audi power a rise in revenue for car giant Volkswagen

    PORSCHE and Audi sales have lifted quarterly earnings for their parent company Volkswagen as car buying across Europe strengthens, the German firm said yesterday. More than 38,000 motorists drove away ...

  • Club Class: how to turn a Bordeaux backwater into wine City A.M. - Wed, Apr 30, 2014 00:55 BST

    Bottle.opener@cityam.comWE ALL know that most “wine clubs” are nothing of the kind – just a bloke in a call centre with a sales target and a script. But not all of them... I’ve written about one or two ...

  • Bottom Line: No more games, but target will be hard to get City A.M. - Tue, Apr 29, 2014 02:17 BST

    AFTER four months of messing around behind closed doors, Pfizer’s flirtation with its UK target is now well and truly out in the open. We now know exactly what the US giant wants from the deal (tax breaks ...

  • Angry Birds in a flap as Rovio’s profits tumble City A.M. - Tue, Apr 29, 2014 01:56 BST

    FINNISH game developer Rovio, creator of the hit Angry Birds mobile gaming phenomenon, saw its profits halved last year as sales of its mobile games stalled.Despite Rovio expanding its reach into television, ...

  • DISCOUNT footwear chain Shoe Zone has become the latest retailer queuing up to float on the London Stock Exchange this year. The family-run chain, which runs 554 stores in the UK and Ireland, is looking ...

  • Panasonic returns to profit after three years due to weaker yen

    JAPANESE electronics giant Panasonic reported its first full year profit in three years yesterday, with sales boosted by the weaker yen.The maker of Lumix cameras posted profits of 120.4bn yen (£710m) ...

  • British retailers lure overseas online browsers City A.M. - Mon, Apr 28, 2014 05:27 BST
    British retailers lure overseas online browsers

    THE NUMBER of overseas shoppers browsing the web for British clothing and footwear retailers has surged in the past year, with department stores grabbing a greater share of the attention, new figures released ...

  • Super rich get to cash in on luxury assets City A.M. - Mon, Apr 28, 2014 05:25 BST

    BRITAIN’S super rich are being given the chance to borrow up to £1m secured against fine wines, vintage cars and private jets under a new asset backed loans company designed to replace the pull back in ...

  • Q & A: The great spring clean of luxury furnishings City A.M. - Fri, Apr 25, 2014 00:47 BST

    EXECUTIVE DIRECTOR, DOUGLAS & GORDONHigh-end interiors firm Carden Cunietti to sell off 20 years’ worth of treasuresWANT to get your hands on a lamp destined for the home of an A-lister? Ever wondered ...

  • Primark set to launch its first stores in the US City A.M. - Thu, Apr 24, 2014 01:43 BST
    Primark set to launch its first stores in the US

    ASSOCIATED British Foods (ABF) is taking Primark to the US, the FTSE 100 conglomerate announced yesterday, as it reported a 26 per cent leap in the budget clothing chain’s profits.Primark is set to open ...

  • Primark buoys AB Foods as sugar continues to sour performance

    Shares in Primark owner Associated British Foods are up over six per cent this morning, after the group announced a six per cent rise in pre-tax profit to £434m in the first half of the financial year, ...

  • The Woolf in Mayor’s clothing speaks out City A.M. - Tue, Apr 22, 2014 04:51 BST
    The Woolf in Mayor’s clothing speaks out

    The Lord Mayor of the City of London tells Elizabeth Fournier how her historic role puts her right at the heart of UK plcTHERE’S no such thing as a typical day in the life of the Lord Mayor of the City ...

  • Primark to lift profit at AB Foods City A.M. - Tue, Apr 22, 2014 04:45 BST

    ASSOCIATED British Foods’ (ABF) booming high street chain Primark is expected to reveal a 21 per cent jump in first half operating profits this week, helping to offset falling profits at its troubled sugar ...

  • My Little Pony sales help Hasbro show a jump in quarterly profits

    MY LITTLE Pony and other toys aimed at girls have helped Hasbro beat profit forecasts in the first three months of the year.The 31-year-old pony franchise pushed revenues from girls’ toys up by more than ...

  • An exterior view shows the Kraft Research and Development facility in Morton Grove, Illinois

    The product labels are incorrect as they do not reflect the ingredients associated with the pasteurized cheese in the cheese dogs, the U.S. Department of Agriculture's Food Safety and Inspection Service (FSIS) said in a statement on Sunday. The products were formulated with milk, which is not declared on the product label, …

  • Apple, Google vie to offer exclusive game apps: WSJ Reuters - Mon, Apr 21, 2014 10:12 BST
    Apple computer shown as Google introduces Buzz in Mountain View

    (Reuters) - Apple Inc and Google Inc are wooing game developers to ensure that top game titles arrive first on devices powered by their respective operating system, the Wall Street Journal reported, citing ...

  • Italy's Finance Minister Carlo Padoan smiles during a news conference at Chigi palace in Rome

    Italian Economy Minister Pier Carlo Padoan said in interview published on Sunday he believed that growth in 2014 could be more than 0.8 percent but that he could not say by how much. In the interview in the Corriere della Sera, Padoan was asked if growth could come in more than the 0.8 percent forecast earlier this month …

  • Bentley reveals hybrid-powered luxury car Telegraph - Sun, Apr 20, 2014 20:24 BST

    Luxury car-maker uses Beijing motor show to reveal combined petrol and electric-powered version of flagship Mulsanne

  • China auto show opens amid environmental, growth concerns

    This picture taken on April 19, 2014 shows a Mazda car being installed in an exhibition hall ahead of the Beijing International Automotive Exhibition

  • U.S. car giant General Motors Corp (GM) (GM.N) plans to invest $12 billion in China from 2014 to 2017 and build more plants next year as it competes with aggressive rivals in the world's largest auto market. GM expects its China sales to expand 8-10 percent this year, in line with the overall growth of the Chinese market, …

  • A BMW Vision Future Luxury concept car is displayed at Auto China 2014 in Beijing

    Premium auto maker BMW (GER:BMW) unveiled a luxury concept sedan in Beijing on Sunday, to gauge customer appetite for a car that would cost more than German manufacturer's current flagship 7 series limousine. Ian Robertson, BMW Group's board member responsible for sales and marketing said the car is being presented the …

  • The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit

    U.S. car giant General Motors Corp (GM) (NYS:GM) plans to invest $12 billion (7.13 billion pounds) in China from 2014 to 2017 and build more plants next year as it competes with aggressive rivals in the world's largest auto market. GM expects its China sales to expand 8-10 percent this year, in line with the overall growth …

  • Pfizer considers $100 billion bid for AstraZeneca: report Reuters - Sun, Apr 20, 2014 15:04 BST
    The Pfizer logo is seen next to a U.S. flag in a conference room at their world headquarters in New York

    U.S. pharmaceutical giant Pfizer (PFE) has approached British rival AstraZeneca (AZN.L) to propose a 60 billion pound ($101 billion) takeover, Britain's Sunday Times reported. The paper cited senior investment bankers and industry sources saying that informal conversations about a deal had taken place between the two but …

  • Pfizer considers $100 bln bid for AstraZeneca - report Reuters - UK Focus - Sun, Apr 20, 2014 15:00 BST

    U.S. pharmaceutical giant Pfizer has approached British rival AstraZeneca (EUREX: AZNF.EX - news) to propose a 60 billion pound ($101 billion) takeover, Britain's Sunday Times reported. The paper cited senior investment bankers and industry sources saying that informal conversations about a deal had taken place between …

  • GM to invest $12 bln in China and plans more plants Reuters - Sun, Apr 20, 2014 13:51 BST

    U.S. car giant General Motors Corp (GM) (GM.N) plans to invest $12 billion in China from 2014 to 2017 and build more plants next year as it steps up its presence to compete with aggressive rivals in the world's largest auto market. GM expects its China sales to expand 8-10 percent this year, in line with the overall growth …

  • SHANGHAI/BEIJING (Reuters) - Global automakers are scrambling to meet the demands of China's young urban professionals, who want a car that makes them stand out, yet don't always have the money to splurge on a top-end model. After nearly two decades of frenzied growth driven mainly by the very wealthy, China's auto market …

  • Pfizer mulls $100 bln bid for AstraZeneca - report Reuters - UK Focus - Sun, Apr 20, 2014 11:44 BST

    U.S. pharmaceutical giant Pfizer has approached British rival AstraZeneca to propose a 60 billion pound takeover, the Sunday Times reported on Sunday. The paper said, citing senior investment bankers and ...

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