BGN Entrepreneur

The world’s biggest mobile operator–Vodafone has been forced to take a full-year impairment charge of more than £6bn due to squeezed consumer spending, increased competition as well as deeper discounts. Almost half of the problem listed above came from the telecommunications group’s troubled Spanish division.
Vodafone announced that the economic woes afflicting several southern European countries had pushed down its full-year revenues from the continent by 3.4% to £30bn. But in spite of this, a strong performance from Vodafon’s Africa, Middle East and Asia Pacific operations enabled the company to boost its total turnover by 3.2% to £45.9bn.

Thousands of elderly care home residents are now facing an anxious wait as the future of leading operator Southern Cross hangs in the balance. Share of the company was down by 0.38p to 10.25p.
Now the company is looking to raise £100m from investors and to shed about 100 to 200 homes as part of its radical restructuring plan as well as looking for potential buyers. It is also in talks with its landlords, led by NHP, to cut down the rents on its care homes.

Recently, brands including Pandora and Links of London are becoming increasingly welcomed, with a fast growing demand on the market place for quality silver jewellery.
The growth in market demand for silver jewellery is partly a result of the recent big recession, after which more people are much more conservertive about constrolling their daily spending. The gold has become more expensive than ever, some people that used to buy gold jewellery can only afford to buy silver ones now. Buying silver accessories could be a much economic option. Another factor contributing to the growth of the demand for silver products is the change in people’s taste for style. Young people would rather have silver items to match their taste for fashion. And the truth is that compared to gold jewellery, silver items goes along with different kinds of clothes and skin tones much easily. It better suits various styles of people of different ages.
Many designer brands on the high street are selling a whole selection of silver jewelleries, ranging from silver rings and silver ear-rings to silver bracelets and silver charms, etc. No matter what kinds of jewellery piece youa re looking to find, you could find a great number of options available on the market place.

The supermarket chain–Asda announced its plans to launch its first George stores in oversear market as it looks to turn the fashion label into a major global brand. The company is looking to enter into franchise arrangements for the first time and expects to announce a partner in the Middle East in the next few months.
This will be followed by openings of store in the first half of 2012. Currently, the George label has already been trading in 6 foreign countries in stores run by Asda’s US parent company Wal-Mart.

The internet search giant–Google is now preparing to raise about £2bn in debt in its first foray into corporate bond markets. The proceeds will be adopted to pay back the short-term borrowings and to ramp up investment as new internet companies like Facebook are trying to knock Google off its perch.
Due to its bullet-proof balance sheet, Google should have little trouble in finding investors.

Interior decoration with strong personal taste helps turn a house into a home. So it is highly suggested for property owners to take a part during the process of decorating their property.
For people who are looking to refurnish the property they’ve just bought, there might be a lot of things that need to be taken into consideration in advance. Apart from buying furniture and hiring professionals who have got sufficient experience in practice, you might also need to think about the decoration materials.
These days, a lot of web-based stores are selling a whole range of material for indoor decoration, including wall tiles, Floor Tiles, and much more. No matter you are looking to decorate your property in a simple style with low cost items or you are looking to purchase luxurious products to create a fabulous environment, you could find a lot of options for you to choose from.
Are you first time buyer of a property? Are you looking to decorate your new home in the recent future? Are you searching for various kinds of decoration materials of high quality? Check it out online for more information about the the best decoration products on the market place. Get some tips from other property owners in the field concerning where to shop for the right products at bargain prices.

The Dutch sports car maker–Spyker Cars of the Swedish company–Saab Automobile signed a tentative financing and import deal with Pang Da Automobile Trade, which is the largest publicly traded car distributor in China, in the latest twist in its frantic struggle to survive.
The memorandum of understanding came after the collapse of the tie-up between Saab and another potential Chinese partner. Under the terms of the new deal, Pang Da will pay €30 million for an unspecified number of Saab cars, as well as €15 million for additional Saab cars within 30 days. The Chinese car trader would also pay €65 million for a 24% equity stake in Spyker, obtaining the right speak concerning the management in Spyker and Saab.