Lloyds Banking Group to Sell £100 million in Property

September 14, 2010

Lloyds Banking Group has put up to £100 million worth of luxury rental properties up for sale as they accelerate the disposal of property assets inherited from Bank of Scotland. The portfolio includes 300 properties in ...

FAA Suggests New Rules for Pilot Fatigue

September 14, 2010

It's possible that airline pilots will work shorter schedules and rest longer at the end of every day due to a new proposal from the Federal Aviation Administration (FAA) to prevent fatigue. On Friday, the Department ...

Dollar Thrifty Bid Raised by Hertz

September 14, 2010

Hertz Global Holdings increased their bid to buy Dollar Thrifty Automotive Group on Sunday from $1.12 billion to $1.56 billion. This even outdoes the $1.3 billion offer from Avis Budget Group. The original bid from Hertz valued ...

Woolworths Open to Takeovers in Growth Plan

September 13, 2010

Woolworths has said that they are open to taking over more companies and will keep pursuing their complimentary revenue streams. However, the firm is also seeing significant growth opportunities through expanding margins and reducing costs in ...

Passenger Accused of US Airways Flight Threat

September 13, 2010

A passenger on a US Airways flight from Las Vegas to Phoenix has been accused of making a threat on the plane after it was forced to return to the McCarran International Airport due to mechanical issues. ...

HSBC set to announce new Chairman

September 12, 2010

HSBC is expected to announce a new Chairman to replace Stephen Green within the next three weeks, according to an anonymous source. The source, who is close to the discussions regarding who will be the new Chairman, said that it ...

Bauer Media and Grazia launch fashion-centric webisodes

September 11, 2010

Bauer Media announced today that it will partner with fashion and celebrity magazine Grazia to offer a new online television service. Dubbed Grazia TV, the service will feature five-minute weekly webisodes to be streamed every Friday rounding up all the latest ...

RBS to push Gillett and Hicks into letting go of Liverpool

September 11, 2010

Americans Tom Hicks and George Gillett's beleaguered stint as the owners of Liverpool could be ending as soon as next month in the wake of Royal Bank of Scotland moving the club's loans into its toxic-assets unit. The owners were given ...

Ryanair Boss says Co-Pilots are Not Necessary

September 10, 2010

Ryaniar chief executive Michael O'Leary is at it again, and this time he's focusing on cutting down costs in the cockpit of their planes. He says that he wants aviation authorities to allow him to only ...

Argos, Homebase Owner Warns of Falling Profits

September 10, 2010

Home Retail Group, the owner of Argos and Homebase, has warned that profits for the 1st half of the year will be 20%-25% less than last year. They are citing that customers have backed off of ...