A team can still thrive without its star April 5, 2010 WHEN Wayne Rooney hit the turf last week during Manchester United’s game against Bayern Munich, English hearts sank. Not only is the striker arguably the strongest member of the national team, but he is also a talismanic figure. The same can happen in business, and the morale of a team can be seriously affected by [...]
Gains in banking shares lead the FTSE to a six-week high March 2, 2010 BRITAIN’S top share index hit a six-week closing high yesterday and rose for a third straight session, led by banks with HSBC firmer after the previous session’s post results sell-off. The FTSE 100 closed up 78.12 points, or 1.45 per cent, at 5,484.06, its highest closing level since January 19, after climbing 1 per cent [...]
Live and let drive… Bond-style May 5, 2010 FIRST: a confession. I probably should have told the good people at Lotus that I have a slightly unlucky history with James Bond. The first 007 film I ever saw was Moonraker. Dressed up smartly in my white broderie anglaise blouse, I sat with my family in a rather grand former theatre in Auckland, New [...]
Comfort & Class March 23, 2010 SOMEHOW the Passat CC had passed me by, until I overtook one on the motorway recently and found myself doing a double take on what must surely be one of the most surprisingly stylish cars for sale in the UK. Fast forward to this test drive. Firstly, despite its CC name, a Coupé Convertible it [...]
The man who could be chancellor plans radical changes for the City May 3, 2010 Allister Heath and David Crow pay a visit to Vince Cable ahead of the last week of the election campaign FEW politicians have emerged from the financial crisis with their reputation intact. Vince Cable must be the only one who has actually enhanced his, with his brand of left-wing policies playing perfectly to the shifting [...]
Comeback queen Henin in last four January 26, 2010 JUSTINE HENIN’S fairytale comeback continued as she moved one step closer to a dream Australian Open title with a quarter-final victory over Nadia Petrova. The former world No1, playing in her first Grand Slam since coming out of retirement, showed her battling qualities to come through a tough match 7-6 (7-3), 7-5 and book a [...]
FXall snaps up Citi forex platform January 4, 2010 INVESTMENT bank Citi has agreed a deal to sell its electronic foreign exchange platform, LavaFX, to electronic forex platform FXall, it said yesterday. FXall, which has some 800 institutional clients including large hedge funds and asset management firms, did not disclose the terms of the deal. The firm said the acquisition, for an undisclosed fee, [...]
FXall snaps up Citi forex platform January 4, 2010 INVESTMENT bank Citi has agreed a deal to sell its electronic foreign exchange platform, LavaFX, to electronic forex platform FXall, it said yesterday. FXall, which has some 800 institutional clients including large hedge funds and asset management firms, did not disclose the terms of the deal. The firm said the acquisition, for an undisclosed fee, [...]
Tevez rant over Neville was ‘lost in translation’, says Kia January 24, 2010 CARLOS TEVEZ’S agent Kia Joorabchian says the Manchester City striker’s remarks towards former team-mate Gary Neville were “lost in translastion” while accusing Neville of showing a lack of class and respect. Tevez reportedly branded Neville a “boot-licker” and a “moron” following a heated Carling Cup semi-final derby at Eastlands last week where Tevez scored both [...]
Hedge funds beat equities January 19, 2010 HEDGE funds dramatically outperformed stocks over the last decade, according to the Hennessee Hedge Fund Index, which tracks the performance of more than 1,000 diversified hedge funds. The Hennessee Hedge Fund Index gained 88.3 per cent from January 2000 to December 2009, while the S&P 500 fell 23.33 per cent, the Dow Jones Industrial Average [...]