LONDON Jan 25 The Times
SOARING RANGE ROVER EVOQUE SALES HIT BOTTOM LINE
Strong sales of the Range Rover Evoque have not translated into
higher profits for Tata Motors, the Indian owner of Britain's
Jaguar Land Rover, because its margins are slimmer than on other
Range Rover models.
NOKIA ABANDONS DIVIDEND TO FUND GROWTH PUSH
Mobile phone maker Nokia has suspended its dividend for the
first time in its recorded history. It said the move would give
it increased flexibility as it attempts to increase its share of
the smartphone market.
The Daily Telegraph
TOP BARCLAYS EXECUTIVES NAMED IN LIBOR PROBE
Top executives at Barclays, including investment banking chief
Rich Ricci and finance director Chris Lucas, were revealed to be
on a shortlist of names passed to regulators investigating the
Libor rate-fixing scandal. The names were released after a judge
dismissed an attempt to secure anonymity.
GREGGS LANDS PUNCH TAVERNS CHIEF WHITESIDE
Bakery chain Greggs has poached Roger Whiteside from Punch
Taverns to be its new chief executive. The news of Whiteside's
departure sent Punch's shares down almost 7 percent in early
trading on Thursday, as he leaves in the midst of talks to
restructure the group's 2.4 billion pounds of securitised debt.
CAMERON LAUNCHES BROADSIDE AT TAX AVOIDERS
David Cameron said Britain would use its G8 leadership to clamp
down on tax avoidance by multinational companies as part of a
drive to improve trade and boost competitiveness.
CHANNEL TUNNEL RAIL OWNERS LAUNCH REFINANCING
The owner of the Channel Tunnel rail link, a consortium of
Borealis Infrastructure and Ontario Teachers' Pension Plan, will
launch a restructuring of its 1.5 billion pound debt mountain on
Friday, to take advantage of low repayment rates in the
corporate market, the newspaper said.