FOREX FLASH March 30, 2010 CHINESE REVALUATION SAGA CONTINUES BlueGold Capital Management’s Stephen Jen said yesterday in a client note that China may refloat the yuan next month to counter the criticism that it is giving its exporting firms an unfair advantage. A revaluation “should help diffuse much of the risks associated with trade protectionism and allow China to resume [...]
JOBLESS DATA TO INDICATE US PROSPECTS April 20, 2010 BORIS SCHLOSSBERG DIRECTOR OF CURRENCY RESEARCH, GFT LAST Friday’s surprise announcement by the SEC that it will be pursuing fraud charges against Goldman Sachs rocked capital markets across the world. With news that other European governments are now considering litigation, the Goldman Sachs saga could drag on for weeks and cast a negative pall on [...]
ALSO OUT THIS WEEK March 25, 2010 FILM NANNY MCPHEE AND THE BIG BANG Thompson returns as the magical nanny. LOURDES Award-winning film about pilgrims heading to the French town, starring Sylvie Testud. PERRIER’S BOUNTY Irish crime caper with Cillian Murphy, Brendan Gleeson and Jim Broadbent. DVD THE TWILIGHT SAGA: NEW MOON Robert Pattinson makes teenage girls everywhere swoon once more. HARRY [...]
Saga’s takeover talks with Titan August 9, 2009 Saga, the over-50’s holiday firm, is believed to be in takeover talks with Titan Travel, one of Britain’s biggest travel agents. It is understood that talks are at a very early stage. Saga, which is owned by the private equity firms Permira, Charterhouse and CVC, is forecast to pay between £15-20m for Titan, in a [...]
Saga’s takeover talks with Titan August 9, 2009 Saga, the over-50’s holiday firm, is believed to be in takeover talks with Titan Travel, one of Britain’s biggest travel agents. It is understood that talks are at a very early stage. Saga, which is owned by the private equity firms Permira, Charterhouse and CVC, is forecast to pay between £15-20m for Titan, in a [...]
Aviva puts saga of inherited estates to bed in 470m deal October 1, 2009 AVIVA said it will hand out a £470m windfall to around 805,000 policyholders that invested in two of its with-profits funds by Christmas. The special payout comes from inherited estates built up by the funds – pots of money that were hoarded in boom markets to protect against market downturns. The reattribution of the inherited [...]
Aviva puts saga of inherited estates to bed in 470m deal October 1, 2009 AVIVA said it will hand out a £470m windfall to around 805,000 policyholders that invested in two of its with-profits funds by Christmas. The special payout comes from inherited estates built up by the funds – pots of money that were hoarded in boom markets to protect against market downturns. The reattribution of the inherited [...]
Sovereign disaster looms ever closer April 27, 2010 GOOD on Standard and Poor’s for downgrading Greece’s bonds to junk status – the only question, as ever with ratings agencies, is why didn’t it act any sooner? The situation has been deteriorating by the day, despite repeated statements by the IMF and the EU that all would be taken care of. Once again, the [...]
I sense that Tiger is lurking March 15, 2010 JUST when we thought the wait was over, we were kept guessing more. PGA Tour commissioner Tim Fincham couldn’t confirm anything last night but I sense the will he/won’t he saga with Tiger Woods is coming to an end. I’ve said all along that I think Tiger will return to play in all four Majors [...]
No men in tights: Russell Crowe shows the gritty side of a legend May 13, 2010 Film ROBIN HOOD Cert: 12A *** ROBIN HOOD is the fourth collaboration between Russell Crowe and director Ridley Scott, and comes a decade after their first outing, the majestic Ancient Rome saga Gladiator. It shares that film’s muscular swordplay, gritty historical vision and interest in ancient politics, but lacks its pile-driving sense of excitement. Whether [...]