Aer Lingus mulls Asian tie-up February 2, 2011 Irish airline Aer Lingus is looking to clinch a marketing alliance involving the sharing of route codes in the Asia-Pacific region to tap into faster growth outside Europe, chief executive Christoph Mueller said. “In the United States the shake-out is more or less complete in my view… Latin America and Asia are clearly more exciting.” [...]
UK firms hit as tensions in Egypt mount January 31, 2011 THE FTSE 100 closed down 0.2 per cent yesterday at 5,862.94 after a day of jitters fuelled by the escalating tensions in Egypt. The death toll reached over 100 as violent clashes in Egypt continued into their seventh day, with protesters calling for President Mubarak to stand down. Travel firms were hit hardest, with their [...]
BA leaves the LSE ahead of Iberia merger January 20, 2011 BRITISH AIRWAYS will complete its merger with Spanish carrier Iberia today, with the enlarged company listing in London and Madrid on Monday morning. The British Airways ticker retired from the London stock market yesterday after 24 years, with the stock price giving BA a final market cap of £3.46bn. Investors will receive one International Consolidated [...]
WHAT THE OTHER PAPERS SAY THIS MORNING April 19, 2011 FINANCIAL TIMES EXXON CHIEF CLAIMS BP LOST TIME BP lost valuable time at the height of its devastating accident in the Gulf of Mexico last year pursuing solutions to contain the oil spill that were never going to succeed, the chief executive of ExxonMobil has claimed. In a sharp criticism of the handling of the [...]
BarCap set to gain broking mandate at 3i March 8, 2011 BARCLAYS Bank’s fast growing equities business BarCap was last night said to be close to winning an important new broking appointment at the international private equity group 3i. 3i has been conducting a regular review of its brokers, which are currently Bank of America Merrill Lynch and JP?Morgan. The group, whose chief executive is Michael [...]
BarCap set to gain broking mandate at 3i March 8, 2011 BARCLAYS Bank’s fast growing equities business BarCap was last night said to be close to winning an important new broking appointment at the international private equity group 3i. 3i has been conducting a regular review of its brokers, which are currently Bank of America Merrill Lynch and JP?Morgan. The group, whose chief executive is Michael [...]
Bermuda March 14, 2011 BEST BEACH All along our fine shores you can find beaches bathed in pink sand, made from finely pulverized remains of calcium carbonate shells and skeletons of invertebrates such as corals and clams. The pink sand makes the already poetic scenery that much harder to resist. Once you step foot on Horseshoe Bay Beach you [...]
Dominican Republic March 14, 2011 BEST BEACH Located on the southern tip of Punta Cana, and just far enough from the many resorts, Juanillo Beach features a forest of coconut palms that give way to a lazy coast of white sands. Considered one of the best beaches in the Dominican Republic and one of the best in the world, Juanillo’s [...]
Grenada March 14, 2011 BEST BEACH Grand Anse Beach and Morne Rouge Bay are a pretty close tie, both are white sanded with lots of space and few crowds. Grand Anse allows visitors to walk its full length and take exercise, while dipping in and out of the gentle waves. Morne Rouge’s trees and stunning sunsets make it the [...]
THE TIPSTER February 28, 2011 BEING one of the main safe investments, gold is on the up again after its recent correction. With concerns in the Middle East still prominent and ongoing talk of inflation, the demand for the metal is still high. The all-time high was $1,423.75 in December 2010 but with the situation still fragile, we may very [...]