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 company Rockhopper Exploration is involved in the discovery of oil in the region of the Falkland Islands, which is obviously a politically sensitive task. The project is worth $2 billion and the company is currently seeking a partner to work with on the exploration. According to Morgan Stanley, the investment bank, there are currently [...]
Unilever workers in Norwich are expected to strike soon in protest of the changes to their pension scheme by the company. The union representing the Unilever workers is Unite, which has stated that strikes will be beginning on 18 January and will continue for 10 days. The strikes are expected to affect production of leading [...]
The battle between TV on demand and online films just got a whole lot more interesting, Netflix, the leading US player that boasts a membership of 24m has just launched its new streaming service to the UK and Ireland for £5.99 a month.
Subscribers will get access to a huge raft of content, thanks to the [...]
A business in Kuwait has bought a lingerie store in Milton Keynes, safeguarding the jobs of 20 employees. The La Senza store in Silbury Arcade is one of the 60 strong chain that has been saved from the sale by their administrators, KPMG, to Alyshaya UK Ltd., which is part off the Alshaya group.
Albemarle & Bond have been hailed as the new age of pawnbrokers after they unveiled plans to open 25 new stores and create 300 jobs in 2012. The group currently have 169 stores and 38 pop up shops which buy unwanted gold, and say that they are going to be taking full advantage of the [...]
As a premise to the kind of consolidation that other countries in Europe are likely to be advocating in the forthcoming months and years, the second and third largest newspaper groups, by revenue, in Norway have come together. Debt ridden Mecom sold their Edda business to A-Pressen for a value of NK 1.725bn, around £1.5m, [...]
The results that Thomas Cook have turned in were largely in line with their revised expectations, leaving the city underwhelmed as well as the share price barely responding to the result, even though there was a significant volume of shares that were changing hands.
There were, however, 2 surprises; the first was a write down in [...]
The founder of easyJet Sir Stelios Haji-Ioannou has recently teamed up with the founder of lastminute.com to launch a short-term car rental company similar to the offering by Zipcar. The name of the venture is called The Car Club and will be based in the UK. It is going to be run alongside the current [...]
The bailiff profession is regarded as being very unpopular, but Tony Pycroft, a businessman from Gateforth has said that he wants to operate in an ethical way. He is the managing director of ARP Enforcement Services and has recently bought the UK bailiff’s, MA Julius & Co.
He recently commented, “I would still regard myself as [...]