, which snapped up Heathrow owner BAA in a 10bn hostile takeover a year ago, says it will not build the proposed 30m-passengers-a-year Heathrow East terminal unless regulators allow it to ramp up passenger charges to pay for it.
The ultimatum could shatter hopes that Heathrow can present itself as a 21stcentury international gateway for […]
Do enhanced indexes, which group stocks based on fundamentals, enhance returns?
In comparing one-year returns of 25 mid-cap ETFs, which include those branded as core, growth, value, market-cap weighted and fundamentally weighted, it appears a case could be made for leveraged funds and fundamental indexing.
ProShares leads the pack among the mid-cap ETFs from iShares, […]
SCOTLAND’S politicians should keep in step with the public as they set about building the countrys future, the Queen hinted today.
The message came at the ceremonial opening of the Scottish Parliament, now under minority control of the SNP.
First Minister, Alex Salmond of the SNP, told the ceremony he believed in an independent Scotland […]
LONDON: AstraZeneca said on Wednesday that it was losing its chief financial officer to Goldman Sachs Group, just months after completing the $15.2 billion purchase of MedImmune, an American biotechnology firm, that some investors said was too expensive.
Jon Symonds, who joined Zeneca from KPMG in 1997 and was instrumental in arranging the $30 billion […]
The deal more than doubles the money for PGL management, which bought the firm for 42m less than two years ago after the death of founder Peter Gordon .
The main beneficiary from the sale is PGL chief executive Martin Davies, who is thought to have bagged as much as 10m for his stake.
Holidaybreak […]