By Steve HewlettPublished: 7:48PM BST 31 Jul 2010 One requisite revenue stream – TV advertising – strong but cyclically vulnerable to housekeeping recession and structurally impacted by the digital revolution – and in itself incapable of delivering the proceeds growth needed to meet investors’ needs. He expected to find a assembly in need of cultural [...]

AstraZeneca cheered investors considered in the state of it doubled the value of its share buyback scheme, raised its replete-year profits forecast and confirmed that a key new drug was termination to being approved. And for good measure, the drugs giant declared pretax profit rose by a better-than-expected 12 per cent in the other quarter [...]

Contrary to liked belief, the City is not all about greed and feathering your have a title to nest. ‘Goldmine Sacks’ may this year be rewarding its average handicraftsman a pay and bonus package of Ј360,000. But on the other edge of the Square Mile, it’s refreshing to hear that devoted staff at stockbroker Peel [...]

By Philip AldrickPublished: 7:30AM BST 31 Jul 2010 Claridges is human being of London’s most prestigious hotels Maybourne, which owns the sum of ~ units five-star London landmarks as well as The Berkeley, has until December to refinance a £600m loan from Anglo Irish Bank and Bank of Ireland. The brace troubled lenders are trying [...]

Flood breaking, weak demand sap ERA profits RIO Tinto-owned Energy Resources of Australia has reported each 82 per cent fall in its first-half profit. Production was from a thin to a dense state and prices drifted lower on weak demand. ERA’s net advantage for the six months to June 30 fell to $22.7 million, from [...]

Investment guru and entrepreneur, Jim Mellon, has ventured twice into the market over the last few days to add to his picket in Polo Resources. This is a company that invests in coal and uranium projects and has made a fortune out of its 9.3 per cent holding in Extract Resources, which has identified one [...]

Sitting comfortably: Centrica protuberant part Sam Laidlaw has yet to pass on price cuts to British Gas customers Profits at British Gas take almost doubled after the firm cashed in on a bitterly cold winter that left millions struggling to pay for heat and illume. The company made Ј585million in the first six months of [...]

Published: 2:20PM BST 30 Jul 2010 Growth in the creation’s largest economy cooled to a 2.4pc pace in the back quarter of the year from 3.7pc in the first three months of the year, a annunciate from the Commerce Department showed on Friday. Consumer spending, which makes up the king of beasts’s share of the [...]

Robert Winnett in WashingtonPublished: 6:00AM BST 30 Jul 2010 Goldman Sachs is seeking to simpleton an end to swearing in emails Bankers have been warned that their emails disposition be censored and unacceptable words removed. They are also banned from using administer an oath to words with asterisks and shorthand for expletives. The diktat was [...]

By Jonathan Sibun, Assistant City EditorPublished: 6:05AM BST 30 Jul 2010 News Corp’s chances of acquiring BSkyB without interrupti~ the cheap receded yesterday after the UK broadcaster unveiled a not far from-trebling of profits and signed a content deal with US television network HBO. Sky increased pre-tax profits from £456m to &strike;1.17bn in the year [...]