WHAT THE OTHER PAPERS SAY THIS MORNING September 22, 2009 FINANCIAL TIMES VODAFONE TO REJIG MOBILE INTERNET STRATEGYVodafone will set out a significant revamp of its services strategy for mobile phones tomorrow as it tries to bridge the gap with global rivals. Vittorio Colao, chief executive, will outline new services that are intended to capitalise on the rising popularity of surfing the internet on mobiles.Some [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 22, 2009 FINANCIAL TIMES VODAFONE TO REJIG MOBILE INTERNET STRATEGYVodafone will set out a significant revamp of its services strategy for mobile phones tomorrow as it tries to bridge the gap with global rivals. Vittorio Colao, chief executive, will outline new services that are intended to capitalise on the rising popularity of surfing the internet on mobiles.Some [...]
Fallout from recession to put lawyers in the dock September 29, 2009 APART form Bernie Madoff, prosecutions in the wake of the financial crisis have been few and far between. Bankers, it seems, are in the clear over their behaviour during the boom. Lawyers, however, might be in the firing line. Last week two lawyers charged with insider trading by the Financial Services Authority (FSA) were committed [...]
RAPPER WARREN G SWAGGERS HIS WAY OUT OF THE ECONOMIC MESS September 28, 2009 OH, THE joy of listening to celebrities wax lyrical about how they’ve attuned their jet-set lifestyle to the rigours of the global recession. This week, it’s rap superstar Warren G, rapper on the 1994 track “Regulate”, who has given a no-holds-barred interview to Vanity Fair magazine about how he’s managed to emerge unscathed from the [...]
Calpers sues credit rating agencies over poor gradings July 15, 2009 CALPERS, the biggest US public pension fund, has sued the three largest credit rating agencies for giving perfect grades to securities that later suffered huge subprime mortgage losses. The California Public Employees’ Retirement System said in a lawsuit filed last week in California Superior Court in San Francisco that it might lose more than $1bn [...]
UBS may close offshore accounts June 30, 2009 US clients of Swiss bank UBS will be blocked from accessing secret accounts unless they transfer their money onshore or close the account, sources said yesterday. The bank is moving to exit its offshore services for American clients amid accusations from the US authorities that the bank helps its citizens hide their money from the [...]
UBS tax case postponed to seek bargain July 12, 2009 UBS AND the US authorities have agreed to postpone a hearing into a government lawsuit in the hope of reaching a settlement over demands that the Swiss bank hand over details of 52,000 American citizens suspected of tax evasion. Both sides agreed to put off the hearing while they thrash out an agreement, although the [...]
UBS tax case postponed to seek bargain July 12, 2009 UBS AND the US authorities have agreed to postpone a hearing into a government lawsuit in the hope of reaching a settlement over demands that the Swiss bank hand over details of 52,000 American citizens suspected of tax evasion. Both sides agreed to put off the hearing while they thrash out an agreement, although the [...]
New GM may be launched by end of July July 6, 2009 A SENIOR figure in President Obama’s automotive task force said last night that GM could be relaunched as a new company by the end of the month. Steve Rattner said a judge’s ruling that GM can sell its assets to a government-backed company would clear the way for the firm to emerge from bankruptcy and [...]
GAS LEAK CLOSES L&G OFFICE FOR THE DAY July 13, 2009 LEGAL & General had the opportunity to test its contingency plans yesterday, after a gas leak forced the firm to close its Moorgate mother-ship. City types said that the road outside L&G’s Coleman Street corporate headquarters was in a state of disarray in the morning as workers frantically fought to deal with the leak, which [...]