ALL ROADS LEAD TO CHELTENHAM March 5, 2012 The countdown is underway to what promises to be another marvellous Cheltenham Festival, and YOU could be there in style on the opening day (March 13). We’ve teamed up with big race sponsor StanJames.com to offer you the chance to win a great day out that combines top class sport and fine dining at the [...]
Credit default insurers will not pay out over Greece March 1, 2012 GREECE has not defaulted on its debts after all because the government has negotiated a “voluntary” haircut with investors, the International Swaps and Derivatives Association (ISDA) controversially ruled yesterday. As a result, €3bn (£2.5bn) in insurance contracts taken out against the risk of Greece defaulting will not be paid out, even though bondholders face heavy [...]
BP shares up as legal fight is put on hold February 27, 2012 BP SHARES were among the highest climbers on the FTSE 100 in early trading yesterday after the trial to decide who should pay for the 2010 Gulf of Mexico oil spill was delayed by a week. The postponement gives BP more time to cut a deal with tens of thousands of businesses and individuals affected [...]
Haadeeth and The Strig look good in Sprint Series Final February 23, 2012 THE Blue Square Sprint Series has been a tremendous initiative over the past two months and tomorrow’s £15,000 Grand Final (2.15pm) looks a cracking contest. All the key protagonists from the Series are lining up and any one of the 12 runners could quite feasibly land the prize. What seems certain is that there will [...]
Gary Moore can be the scourge of the bookies once again February 9, 2012 ARCTIC weather looks like once again decimating this weekend’s racing action and Newbury can really be no more than optimistic about staging tomorrow’s bumper eight race card. Temperatures are set to plummet to ludicrously low levels again overnight and the frost blankets, which have been down all week, have their work cut out. If the [...]
BofA case wins class-action status February 6, 2012 Shareholders suing Bank of America have won class-action status for their lawsuit, which accuses the bank and various executives of fraudulently misleading them about the 2008 takeover of Merrill Lynch and the size of Merrill’s losses and bonus payouts.
Facebook unveils float of the year February 1, 2012 FACEBOOK has taken the first official step to becoming a publicly traded company, filing papers yesterday that outline plans to raise $5bn in what could be the biggest float this year. Silicon Valley’s most anticipated flotation will see Facebook represented by ticker symbol FB, although the company did not specify whether it would list on [...]
Being a company director is now a high risk gamble January 31, 2012 WITH the debate on executive pay raging, the wider question that everyone should be asking is: Why would anyone want to be a director in the first place? Over time, directors’ duties have been aggressively extended and however well they do their job, directors are at risk of criminal and other serious liabilities quite apart [...]
Free Cities: How countries worldwide are unleashing new economic prosperity January 26, 2012 AN ASTONISHING 3.3bn people will move from the countryside to live in cities over the next forty years. How will we handle that influx? By installing better legal systems worldwide. Legal institutions determine whether nations are rich or poor. Think of East and West Germany and North and South Korea, two controlled experiments in which [...]
Free Cities: How countries worldwide are unleashing new economic prosperity January 26, 2012 AN ASTONISHING 3.3bn people will move from the countryside to live in cities over the next forty years. How will we handle that influx? By installing better legal systems worldwide. Legal institutions determine whether nations are rich or poor. Think of East and West Germany and North and South Korea, two controlled experiments in which [...]