|Thomas Cook Group plc struggled to sell Olympic tickets to corporate customers|
|Friday, 03 August 2012 08:15|
News round up: Thomas Cook Group plc, Apple Inc, Royal Bank of Scotland Group plc, Austerity programme, Virgin trains, Sharp.
Apple’s iPad has claimed more than two thirds of the global tablet computer market, according to new industry figures. A report by IDC found that 25m tablets were sold worldwide in the three months to June 30, up 33.6% from the first quarter and 66.1% year-on-year. Apple got a boost from the March of its newest version of the iPad, and sold 17m tablets in the second quarter, giving it a 68% market share.
Royal Bank of Scotland Group plc
Top shareholders in RBS have complained to the Treasury over "dangerous" and "damaging" suggestions that the taxpayer-backer lender could be fully nationalised. Leading shareholders in Royal Bank of Scotland have complained to the Treasury over what they say are the “dangerous” and “damaging” suggestions that government ministers are looking at fully nationalising the lender.
Delaying the austerity programme by three years would put 200,000 people back into work and raise economic growth by 239bn pounds over a decade, according to one of the UK’s leading think tanks. The National Institute of Economic and Social Research (NIESR) published the analysis as it slashed its growth forecast for this year from 0 per cent to a contraction of 0.5 per cent and warned that the recovery would not begin in earnest until 2014.
An increasingly bitter competition for control of the West Coast Main Line was branded a “shambles” yesterday as anticipation mounted that Virgin Trains could be shunted off Britain’s railways. Louise Ellman, chairman of the Commons Transport Select Committee, has joined unions and industry experts in urging the Government to think carefully before handing a franchise to operate London-to-Glasgow trains to FirstGroup, a rival to Virgin.
Jobs at the UK arm of Sharp are under threat as the Japanese electronics maker plans to cut 5,000 roles globally following a 94.1bn yen loss. Sharp will slash thousands of jobs by March in its first cuts since 1950 as it is hit by a prolonged slump in its key television and liquid crystal display sectors.
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