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Qatar raises bid for Canary Wharf-owner Songbird to 2.6 billion pounds

2014-12-04 21:05:12| Real Estate - Topix.net

Qatar Investment Authority and Brookfield Property Partners have offered 2.6 billion pounds for the majority owner of London's Canary Wharf, higher than an earlier approach but still short of Songbird's own expectations. The partners said on Thursday they would offer 3.50 pounds in cash for each share in Songbird Estates, 55 pence a share more than their bid last month, which Songbird rejected, saying it "significantly undervalued" the owner of the business district in East London.

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Iran Raises Its Cyberfist to the World

2014-12-04 14:00:00| TechNewsWorld

Iran, which for decades has locked horns with the United States, is emerging as a cyberwarfare power that's threatening the world, Cylance warned in its Operation Cleaver report, released Tuesday. Cylance has been tracking one team of roughly 20 hackers called "Tarh Andishan," which means "thinkers" or "innovators" in Farsi. The group is suspected to be Iranian.

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CIBC quarterly profit slips 2% on capital markets; raises payout

2014-12-04 13:27:24| Grocery - Topix.net

Canadian Imperial Bank of Commerce's profit slipped in the fourth quarter, largely because of weaker capital markets earnings, but earnings were in line with analyst expectations. The bank reported net income of $811-million, down 1.7 per cent from the year prior.

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Ryanair raises profit forecast after surge in passenger numbers

2014-12-04 12:25:51| Airlines - Topix.net

Since a pledge last year by outspoken Chief Executive Michael O'Leary to stop "unnecessarily pissing people off," Ryanair has slashed penalty charges such as for excess baggage and not having a boarding pass, overhauled its web site, tripled its marketing budget and launched business class fares. It attributed the stronger than expected initial winter performance to the newfound focus on customer service, a stronger forward booking strategy and substantial fare and unit cost advantages over other European airlines.

Tags: numbers profit forecast passenger

 

Ryanair raises profit outlook again

2014-12-04 11:30:56| BBC News | Business | UK Edition

Irish airline Ryanair raises its full-year profit forecast again following a 22% jump in passenger numbers in the year to November.

Tags: profit outlook raises ryanair

 

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