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Archive for July, 2015

Uber wants to invest $1bn to boost business in India

July 31, 2015

The taxi booking service Uber has said it will invest $1bn (£0.64m) to expand its business in India. The US company wants to use the money to expand to more cities and invest in new products and payment solutions. The decision comes after the firm in June said it wanted to invest the same amount […]

BA owner IAG reports big jump in quarterly profits

British Airways (BA) owner International Airlines Group (IAG) has reported a big jump in quarterly profits. IAG reported a 25% rise in pre-tax profits to €449m (£315m) for the three months to 30 June. Chief executive Willie Walsh told the BBC’s Today programme the results “reflect the underlying strength of the airlines”. IAG is in […]

UK economic growth picks up to 0.7% in second quarter

UK economic growth accelerated in the second quarter of the year, helped by a big jump in oil and gas production, official figures have shown. The UK’s economy grew by an estimated 0.7% in the April to June period, the Office for National Statistics (ONS) said. That compared with growth of 0.4% in the first […]

This week’s new roles

July 28, 2015

Here are this week’s roles (please quote the VR reference when applying for each role):   Investment Team Assistant (London) VR/02530 The role will involve working for the Global Chief Investment Officer and ensuring the smooth operation of the Investment Team and the other Investment Team Heads. The candidate will have strong secretarial and administration […]

Ladbrokes to merge with smaller rival Coral

July 24, 2015

via BBC Bookmakers Ladbrokes has announced it plans to merge with Gala Coral in a deal expected to value the business at £2.3bn. The move will take it past the current high street leader, William Hill, combining Ladbrokes’ 2,100 shops with Coral’s 1,845. Current Ladbrokes chief executive, Jim Mullen, will become boss of the merged […]

Amazon shares surge after surprise profit

via BBC Amazon shares have surged more than 18% in after-hours trading after it reported a surprise profit and better-than-expected sales figures. The online retail giant reported a $92m profit compared to a $126m loss for the same period a year ago. Sales also rose 20% to $23.2bn in the second quarter to the end […]

This week’s new roles

July 22, 2015

Here are this week’s roles (please quote the VR reference when applying for each role):   Marketing Project Manager (South Coast) VR/02521 The role will be to co-ordinate, oversee and manage marketing readiness activity for a major business transformation programme that will outsource infrastructure and service to a third party provider for our client. The candidate […]

Apple posts record third-quarter as iPhone sales surge

via BBC   Apple has posted a record third quarter as soaring demand for iPhones sent profits higher. The technology giant sold 47.5 million iPhones in the quarter to 27 June, up 35% on a year ago, with Mac computer sales up 9% to 4.8 million. The performance resulted in what chief executive Tim Cook […]

FCA chief executive Martin Wheatley to stand down

July 17, 2015

via the BBC   The head of the Financial Conduct Authority (FCA), Martin Wheatley, is to stand down from his post after just two years in charge. He will leave the City regulator in September, the FCA announced. Chancellor George Osborne thanked Mr Wheatley for his service, adding he had done “a brilliant job of […]

This week’s new roles

July 14, 2015

Here are this week’s roles (please quote the VR reference when applying for each role):   Head of Investment Administration (South West) VR/02518 The role involves  the planning and execution of strategic initiatives relating to Investment Administration, in support of the agreed business plan and budget. The candidate will have a minimum of five years’ leading an Investment […]

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