FTSE sunk by BP’s oil slick woes June 8, 2010 Britain’s FTSE 100 share index fell yesterday, led down by energy shares as BP dropped again on fresh Gulf of Mexico oil slick worries and banks which were hit by Eurozone debt concerns and the threat of punitive taxes. By the close the FTSE 100 was off 40.91 points, or 0.8 per cent at 5,028.15 [...]
The car that delicately sips its fuel June 8, 2010 IF YOU’RE the kind of driver that gets their kicks out of economy and efficiency and can’t wait for the advancing wave of super economical electric vehicles to get here, then Volvo’s C30 1.6D DRIVe could be the car for you. The coolest thing about Volvo’s C30 DRIVe Start/Stop model is undoubtedly reading the LED [...]
The car that delicately sips its fuel June 8, 2010 IF YOU’RE the kind of driver that gets their kicks out of economy and efficiency and can’t wait for the advancing wave of super economical electric vehicles to get here, then Volvo’s C30 1.6D DRIVe could be the car for you. The coolest thing about Volvo’s C30 DRIVe Start/Stop model is undoubtedly reading the LED [...]
Fears over BP’s survival drags FTSE 100 lower as the latest bid to plug leak fails June 1, 2010 TOP shares fell yesterday led by a plunge in BP shares after the company’s failure to stem an oil spill in the Gulf of Mexico, but they finished off lows thanks to upbeat US construction data. The FTSE 100 closed down 25.13 points or 0.5 per cent at 5,163.30, its lowest close since 26 May, [...]
All roads to all people June 1, 2010 The Audi A4 Allroad has been launched into another new segment that Audi seems to have created. You can probably count the number of four-wheel drive estates you know of on one hand. The others are Audi’s own A6 Allroad, the Subaru Forester and the Skoda Octavia Scout which at its heart is an Audi [...]
FTSE closes above 5,000 led by miners who now may not face Aussie tax hikes May 26, 2010 BRITAIN’S top share index recovered to close above 5,000 points yesterday, led by miners after reports the Australian government may relax punitive tax measures, while Burberry jumped after strong earnings. The FTSE 100 ended up 97.40 points or 2 per cent at 5,038.08, having tumbled 2.5 per cent on Tuesday to its lowest close since [...]
Don’t be caught unawares by bank volatility May 26, 2010 FEARS of sovereign debt contagion within the Eurozone have quickly turned into concerns about a European banking crisis. As if investors needed any further confirmation about the fragility of European banks, regional Spanish bank CajaSur was seized last weekend by the Bank of Spain after it had been crippled by property loan defaults. Plenty of [...]
Don’t be caught unawares by bank volatility May 26, 2010 FEARS of sovereign debt contagion within the Eurozone have quickly turned into concerns about a European banking crisis. As if investors needed any further confirmation about the fragility of European banks, regional Spanish bank CajaSur was seized last weekend by the Bank of Spain after it had been crippled by property loan defaults. Plenty of [...]
Sport & spark May 25, 2010 THE EX37 is perplexing. Most cars are remarkably easy to understand. With one look at the exterior and a sit inside and you can pretty much get a grip on what kind of car you’re in and have some idea of the kind of person it has been designed for. But not this one. It’s [...]
Rio Tinto boss warns Aussie tax is big risk May 24, 2010 GLOBAL miner Rio Tinto yesterday said it is reviewing all investments in Australia due to a proposed new tax, describing the country as its top sovereign risk concern and sending a weak Australian dollar even lower. Australia, which accounts for the bulk of Rio’s revenue from iron ore, coal and other commodities, had been considered [...]