Category Archives: Business

Guy Hands does deals his way

The Japanese word kara-oke might mean ‘empty-orchestra’ and financier  Guy Hands is a well-known for his own karaoke rendition of ‘My Way’.  But in contemplating the sale of Odeon & UCI , the Terra Firma cash register may soon be … Continue reading

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Terra Firma Capital May Invest Almost $700 Million in Clean Energy in 2011

Guy Hands’s Terra Firma Capital Partners Ltd. may invest as much as 500 million euros ($692 million) in clean energy this year as low interest rates and rising oil prices make the industry more attractive. The British private equity firm’s … Continue reading

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Guy Hands on life after EMI

Terra Firma’s Guy Hands talks frankly about what he has learned from the £1.6bn loss of EMI and how he intends to get Fund III ‘back to flat’. Guy Hands was not, as was reported in the press, “furious” when … Continue reading

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Utilities buoy FTSE as big freeze hits BA

Utility stocks helped push top shares higher on Monday, as the UK’s near-Arctic conditions boosted demand for energy, but British Airways toiled as the big freeze disrupted airline services.

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BAE is linked to Tanzania ‘bribe’

A judge suggests that part of a secret £7.7m payment made by BAE Systems to a businessman in Tanzania was a bribe.

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Cold snap hits London travel and retail stocks

While retailers, airlines and rail operators suffer the effects of the snow and ice, defensive stocks help the FTSE 100 stay in sight of year-highs as the December rally continues.

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Asia stocks ease on regional geopolitical risk

Asia shares fall as investors focus on geopolitical risk on the Korean peninsula amid fears Seoul’s live-fire drill could spark retaliation from Pyongyang

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European equities reach two-year high

The region’s banks bounce back helped by reports of M&A activity in the sector in Italy as wider indices continue their December ascent to two-year highs

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Ladbrokes in 888 takeover talks

Shares in online betting firm 888 Holdings soar after it confirms it is in talks to be bought by larger rival Ladbrokes.

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JP Morgan reveals new London HQ

JP Morgan says it will move into Lehman Brothers’ old London headquarters, and will continue work on a new skyscraper.

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