LAURA SLATTERYperuses all things business
Shop talk
Having spent much time and money rebranding itself as DSG International over the past five years, the electrical retailer formerly known as Dixons Group has decided to change its name again . . . back to Dixons. According to DSG, which owns the Currys and PC World chains, “the Dixons name resonates strongly with suppliers, the market and colleagues”. So far it’s more of a back room change, however. The Dixons stores that switched their shopfronts to Currys will stay Currys for now, at least. Next week: Snickers changes back to Marathon – and admits no one likes peanuts.
Nama-watch
Real Estate Opportunities (REO), the property investment vehicle backed by Treasury Holdings, has become the first high-profile Nama customer to test its promise to provide a little working capital if doing so improves the prospect of the taxpayer getting a return. REO has submitted a business plan to the agency assuming that it will provide it with cash to get by while it continues its development projects. The chance of spinning cash out of REO hangs partly on whether it can float its deeply devalued and undeveloped London landmark, Battersea Power Station, on the stock exchange.
500
– number of jobs that will be created at Terminal 2, according to the Dublin Airport Authority.
'Democracy itself could be at risk'
George Soros, the man who “broke” the pound, isn’t a fan of German pro-cyclical economic policy.
Status update
Poor spirits: In a bid to curb 500,000 premature deaths every year, the Kremlin has launched a shock ad campaign to persuade Russian drinkers of the health perils of vodka.
Black gold medal: London Olympics chairman Sebastian Coe declared that BP was a "trusted partner" of the 2012 Games and that the spill would not affect its sponsorship "at all".
Oprah moment: Goldman Sachs have rejected the idea that boss Lloyd Blankfein should spend some time on fellow billionaire Oprah Winfrey's image-enhancing couch.