May 20 2013 23:59 BST Market manoeuvres: National brands can punch above their weightWe live in an increasingly globalised economy and the BrandZ rankings reflect this. The most common route to reaching the top 100 is for a brand to become global. Many categories are completely or largely dominated by global brands (cars, luxury, personal care, beer, technology, apparel, soft drinks). However, thereBy Nick Cooper |
May 20 2013 00:03 BST FTSE 100 groups plan for decrease in tax disputesThe potential costs of global tax disputes reported by FTSE 100 companies fell by more than a third to £2.3bn from £3.6bn last year, according to research that suggested multinationals' appetite for conflict with tax authorities has waned. Only a dozen companies in the FTSE 100 listed provisions and contingentBy Vanessa Houlder |
May 19 2013 17:51 BST Vodafone faces pressure amid proposed buyout on Verizon WirelessFor some observers, the stand-off between telecommunications groups Verizon and Vodafone over the future of Verizon Wireless is akin to a Monty Python comedy sketch. In Monty Python and the Holy Grail, the Black Knight tries to block King Arthur from passing after having had all his limbs cut off,By Anousha Sakoui, Dan Thomas and David Gelles |
May 19 2013 14:43 BST The Week Ahead: May 20 - May 26Diary commentary from FT reporters; data and company announcements, unless otherwise stated, from Thomson Reuters. Company announcements are of information publicly available before last week. < The tabular content relating to this article is not available to view. Apologies in advance for the inconvenience caused. > Earnings Campbell Soup Q3 |
May 14 2013 19:27 BST Banks lead Wall Street to record highsUS stocks cruised into record territory, reaching new all-time intraday highs as Wall Street's largest banks rallied. The S&P 500 climbed 0.9 per cent to 1,647.76 just after midday in New York, surpassing record levels reached a day earlier. The gains came despite a lack of significant economic data releasesBy Arash Massoudi in New York |
May 14 2013 12:57 BST Verizon / Vodafone: bid or no bid?Conspiracy theorists alert! Verizon Wireless's declaration of a $7bn dividend to be paid next month to its owners - Verizon Communications and the UK's Vodafone - was subject on Tuesday to as many intricate readings as Elvis's death. Those buying into speculation that Verizon is poised to bid for the |
May 14 2013 01:26 BST Verizon Wireless in $7bn payout to parentsVerizon Wireless, the largest US mobile operator by subscribers, will pay a $7bn dividend to its corporate parents, Verizon Communications and Vodafone of the UK. Verizon Communications, which holds a 55 per cent stake in Verizon Wireless, will receive a $3.85bn payout, while Vodafone will receive $3.15bn, according to aBy Paul Taylor in Orlando, Florida |
May 13 2013 16:18 BST Tata Steel reveals $1.6bn writedownIndia's Tata Steel has announced a $1.6bn writedown on its struggling European division, underlining the chronic difficulties facing steelmakers across the continent. In a notice to the Bombay Stock Exchange, the steel division of the broader Tata conglomerate blamed weak European macroeconomic conditions for the decision. Tata Steel's European operations,By James Crabtree in Mumbai |
May 13 2013 00:02 BST Anger as no-tax company wins mobile dealA company that has paid no corporation tax for eight years has won a £150m government tender to improve mobile connectivity, despite calls for it to be excluded from public sector contracts. Arqiva, the communications group, said no additional pressure had been placed on its tax status, which is legal,By Henry Mance and Kiran Stacey |
May 07 2013 18:58 BST Indian economy: An unfinished projectAt a private meeting in Mumbai's seafront Taj Mahal hotel last month, finance minister Palaniappan Chidambaram made corporate India an unusual offer. Sitting in the hotel's ballroom were most of the country's leading industrialists, including billionaires Anil Ambani and Kumar Birla, who were gathered to discuss how to re-energise their |
