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Thursday 30 August 2007

Updates

McDonalds has launched its McCafe in Tokyo yesterday to rival Starbucks in the lucrative coffee shop market. So keep on whatching this space for updates in the future on their progress.

Two bosses at EMI, chief executive Eric Nicoli and finance boss Martin Stewart said they will step down in the wake of a £2.4 billion takeover by private equity group Terra Firma.

Britian’s FTSE 100 closed 0.5% ahead yesterday at 6,132.2 while Germany’s Dax was 0.1% up after trailing for most of the day. The Dow Jones index gained 1.3% as investors looked at a potential to pick up bargains.

PartyGaming yesterday announced losses after the changes to US law on unlawful internet gambling. The company made a net loss of £25.3 million to June 30, compared with profits of £149 million in the same period last year.

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