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JD Wetherspoon, the nationwide pub chain, is to slow down its pace of expansion amid the slower sales and sustained pressures of costs that is has suffered so far in 2012. The group, which had at the end of January 841 pubs, is intending to reduce the number of new pubs opening to about 40 in [...]  A challenge has been made by Cisco Systems Inc. regarding the approval given by the European Commission to Microsoft’s $8.5bn acquisition of Skype. They have made their challenge in a bid to stop Microsoft from further tightening its stranglehold on web based video calls. Cisco released a statement saying that the commission should have placed several [...] Social network site Facebook has announced that it is going to offer free advertising to small businesses all over Europe, in an effort to help companies reach a wider audience. Sheryl Sandberg, Facebook’s chief operating officer, told a Munich conference that over 50,000 new firms would be offered credits to the value of $100 that [...] The Royal Bank of Scotland CEO has been pressured not to accept his yearly bonus that is valued at around £1m after the taxpayer owned bank confirmed that Stephen Hester would still receive a bonus. The payment is funded in shares and is 60% of what he would have received ordinarily, and could be worth [...] This week, Vince Cable is going to be announcing plans which are set to reduce the amount of remuneration that senior business executives get. This is expected to continue the political row over the enormous pay that some executives receive. The announcement of these plans comes right after an announcement by Royal Bank Of Scotland that [...] Anyone who trades on the forex market will tell you that keeping up to date on the latest news is vital in attaining success. The problem is, how do you know what news is important when it comes to forex trading? This market is affected by a range of different types of news and therefore [...] There seems to be little doubt in anyone’s mind that the ‘Big Six’ energy companies in the UK are making an awful lot of money these days. In fact, the most recent reports from Ofgem made it quite specific: currently the Big Six energy companies are all making about £125 in profit per customer per [...] Times are tough all over, and the travel industry in general is feeling the crunch. Thomas Cook, second largest travel operator in Europe, is no exception. Following a series of profit warnings that began in August last year, the company has announced that there will be no shareholder dividends paid until the balance sheet is [...] The group which owns the Daily Mail as well as several local papers and the Sunday edition of the paper, The Mail on Sunday has said that profits are likely to be lower this year than they were in the last. The owners of the paper have said that operating profits have fallen because of [...] Michael Sharp is the new chief executive of Debenhams and has recently presented a report that offers a trading update on the company before it announces its end of year results. It has reported that sales are up nearly 3%. This is expected to cause analysts to raise their predictions for the pre-tax profits for [...] |
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