DailyFX Tips & Picks: The difference between trading and analysis – a boot camp for novice traders May 26, 2014 TRADERS’ best ideas often turn out to be their worst. It’s almost ironic. Great ideas turn into bad trades, and bad trades turn into lost money. It only takes one of these bad trades to wipe out the profit from hundreds of better ones. Even worse, that one bad trade can snuff out any gains [...]
Wales defend North treatement as World Rugby probes injuries February 8, 2015 WALES chiefs have hit back at criticism of their treatment of wing George North in Friday’s Six Nations defeat to England, insisting they did not see the second-half incident that knocked him out. Governing body World Rugby has demanded Wales explain why North was allowed to finish the match despite appearing to be rendered unconscious [...]
Google just hired Morgan Stanley finance chief Ruth Porat as its new CFO March 24, 2015 Google has named a replacement for departing finance chief Patrick Pichette. Ruth Porat will leave her role as finance chief at Morgan Stanley to fill Pichette’s shoes after the long-standing executive revealed he was departing the internet giant just under two weeks ago. Investors responded positively to the news – shares were up by around [...]
The 38 per cent rule: There’s a limit to how much the state can tax the people April 14, 2015 Ed Miliband’s proposal to tax non-doms more harshly may be good, populist politics. But does it make economic sense? At most, the yield will be around £1bn, even if people do not alter their behaviour in response to the change in policy. The actual amount generated could even be negative if enough non-doms leave the [...]
Majestic Wine’s boss Steve Lewis resigns after 29 years with firm February 19, 2015 Steve Lewis, the chief executive of Majestic Wine, yesterday resigned from the company with immediate effect, after a difficult festive trading period for the company. Lewis had been with the UK’s largest wine retailer for 29 years, including 16 years on the board and six years as chief executive, having risen through the ranks from [...]
A reasonable valuation? May 13, 2015 Duncan Cheatle, The Supper Club founder, explains how companies can make sure that they’ve got a sensible valuation when listing on a crowdfunding platform ONE OF the most valuable things that someone seeking funding can do is put themselves in their investors’ shoes. Until recently, I had always been on the money side of the [...]
Buffett reveals new Berkshire has been chosen March 1, 2015 WARREN Buffett has ruled out spinning off Berkshire Hathaway into separate businesses, in his annual letter to investors. Buffett also revealed a successor has been chosen to fill his shoes and addressed the firm’s stake in Tesco which he previously called a “huge mistake”. This year celebrating the firm’s golden anniversary, Buffett’s highly anticipated 14-page [...]
The £10,000 wardrobe: What to buy if all your clothes catch fire February 2, 2015 The worst has happened. Your flat has burned down and all your clothes have gone up in flames. You would go out tonight but you – literally – haven’t got a stitch to wear. The insurance company has made you a take-it-or-leave-it offer of £10,000 to replace the whole lot, from the shoes up. What [...]
Brexit could cost UK 2.2 per cent of GDP without radical free market reform and liberal immigration policy March 23, 2015 Britain's economy could take a hit of up to 2.2 per cent of GDP – or £56bn – by 2030 if it leaves the EU, according to a new report from think tank Open Europe. The report argues that in the worst case scenario, the negative effects of Brexit would not wholly be offset by [...]
Britain likely to reach a record low for inflation – London Report March 23, 2015 CONSUMER price inflation is likely to have fallen to a new record low of 0.2 per cent in February, moving Britain closer to deflation. Official figures out tomorrow look set to show the fall in the index, which comes after the previous low of 0.3 per cent in January. Howard Archer, of IHS Global Insight, [...]