Facebook falls again as Opera deal talk swirls May 29, 2012 FACEBOOK shares yesterday dropped below $30 for the first time in yet another dismal day of trading for the freshly-listed internet giant. Shares fell by as much as 10 per cent, closing at a new low of $28.84 in a fresh blow for Mark Zuckerberg and the uber-hyped flotation of his Harvard-founded company. One reason [...]
London’s bespoke hidden gems September 24, 2012 There are not many hair salons that have a porter greet you at the door, but then Rossano Ferretti is not your average salon. In fact it doesn’t even call itself a salon, but adopts the label “hairspa”. This is not meant to be your usual run of the mill trip to the hairdresser. Number [...]
London’s bespoke hidden gems September 24, 2012 There are not many hair salons that have a porter greet you at the door, but then Rossano Ferretti is not your average salon. In fact it doesn’t even call itself a salon, but adopts the label “hairspa”. This is not meant to be your usual run of the mill trip to the hairdresser. Number [...]
Nasdaq admits to errors during Facebook’s IPO May 20, 2012 THE CHIEF exec of Nasdaq admitted yesterday that technical problems delayed the opening of Facebook’s initial public offering (IPO) last week. Robert Greifeld said the bungled start was “not our finest hour” after the exchange’s IT system failed to cope with high levels of demand. Eventually, the $38 shares opened at $42 on Friday and [...]
YOU decide the Watch of the Year May 3, 2012 Blancpain Watch: X Fathoms Description: A charismatic, ultra-complex enhancement of Blancpain’s iconic 50 Fathoms diving watch. Price: £26,170 FP Journe Watch: CS Chronometre Souverain Description: Beautifully purist yet imbued with character, a slimline beauty from one of the world’s finest watchmakers. Price: £21,000 MB&F Watch: Legacy Machine No.1 Description: Classicism meets pure design audaciousness – including [...]
YOU decide the Watch of the Year May 3, 2012 Blancpain Watch: X Fathoms Description: A charismatic, ultra-complex enhancement of Blancpain’s iconic 50 Fathoms diving watch. Price: £26,170 FP Journe Watch: CS Chronometre Souverain Description: Beautifully purist yet imbued with character, a slimline beauty from one of the world’s finest watchmakers. Price: £21,000 MB&F Watch: Legacy Machine No.1 Description: Classicism meets pure design audaciousness – including [...]
The Facebook debacle deserves a reaction from London May 28, 2012 THE controversies surrounding the historic $104bn flotation of Facebook in the US should have reminded all of us that although the New York financial markets may currently be the place to go for technology flotations, they are not infallible. What is disappointing is that with so much wrangling about how the float was handled, very [...]
HISCOX SETS HIGH TARGET FOR HIS BRAINY BUNCH February 27, 2012 SMUG faces on the board of the insurance group Hiscox as chairman Robert Hiscox announces his retirement after 47 years: “I have always aimed to employ people brighter than I am… I am convinced that the current top executives prove that I have achieved my employment ambition.” So take a bow, directors Bronek Masojada, Stuart [...]
FACEBOOK’S FLAWED MODEL IS A GAMBLE ON POTENTIAL May 7, 2012 DIRECTOR OF CURRENCY RESEARCH, GFT IS THE Facebook IPO a good investment opportunity? Naturally, to research that question I went to Twitter. Within minutes I was able to collect all the relevant information on the pros and cons of the IPO. Therein, in my opinion, lies the problem. Facebook is just not nearly as useful [...]
All aboard: the QM2 does the Atlantic in style June 10, 2012 LEAVING the glamorous glitzy Big Apple on a big glitzy ship felt right. Berthed in the Brooklyn Cruise Terminal, the sharp-prowed Queen Mary 2 looked both huge and majestic. On our taxi ride to the terminal our driver bypassed the anti-capitalist demonstrators in Wall Street, so named for the barrier the Dutch built in the [...]