Bottom Line: Online retailers still falling out of fashion April 8, 2014 ON MONDAY, investors panicked. Having had the weekend to mull over the losses that sent the Nasdaq 2.5 per cent lower last Friday, sellers piled out of anything that could be broadly considered a tech stock – from FTSE 100 chipmaker Arm to recent market entrant AO.com. Yesterday, they seemed to have calmed down a bit. While [...]
Bitreserve and CNET founder Halsey Minor talks dot-commers, virtual currencies and the Bank of England’s open-mindedness March 8, 2015 You might not have heard of Halsey Minor, but it’s likely that you’ve indirectly benefited from one of his many achievements. He’s one half of the brains behind CNET, the technology media website which, founded in 1994, was in the vanguard of internet firms, and is still one of the most-visited tech information resources in [...]
First to list on new segment March 26, 2014 IT WAS with a sweet symmetry that Just-Eat chose yesterday to become the first group to list on London’s High Growth Segment, the listing vehicle which many hope will persuade technology groups to choose the capital rather than New York for their share listing. King’s shares, one of the great losses to the London market, [...]
Short sellers in dash to bet on Saga share price fall June 9, 2014 HEDGE funds are queuing up to bet on a further fall in the share price of newly-floated companies like Saga and AO World amid renewed scepticism in the new issues market, statistics show. Short sellers, who borrow shares from other investors to make gains when the price falls, currently have close to one per cent [...]
New year’s resolutions to make you think more like Facebook founder Mark Zuckerberg December 31, 2014 As if running a $221bn (£142bn) company isn't enough, Mark Zuckerberg is known for his commitment to keeping new year's resolutions. Every year, the Facebook founder sets himself a new challenge – a process which, he told an audience last week, forces him to "do other things outside of [work]". But Zuckerberg doesn't just go for [...]
The National Theatre’s head chef Simon Flint on organising chaos February 24, 2015 There are two main challenges to running the restaurants at the National Theatre: people have very high expectations because the theatre is so good, and they’re often in a hurry, so we need to serve great food quickly. Our restaurants are open at other times, but pre-theatre – which is 5–7.30pm – is very much [...]
McDonald’s Big Cheese: UK makeover chief Steve Easterbrook now has the whole world on his plate January 29, 2015 Steve Easterbrook, who used to play cricket at Durham University alongside ex-England captain Nasser Hussain, has long been viewed as one of McDonald’s star players – obtaining a captaincy of his own yesterday at the world’s biggest fast food chain. McDonald’s new Watford-born chief executive will take on the challenging task of reviving the group’s [...]
Rib-thumpingly good beef: STK’s sticky shortrib March 10, 2015 Barry Vera on the rib dish that keeps his discerning STK customers coming back for more. Ribs were an obvious choice for STK because of the American influence, but I wanted us to create something a bit better than your standard sticky ribs that get all over your fingers. I wanted something that you could [...]
Washington DC: Where to eat in the political capital of the western world December 14, 2014 Washington DC has grown from somewhere you work to somewhere to eat. Over the past few years, ravenous London scenesters have been snarfing down a vast array of steaks, burgers, hot dogs, shakes, pizzas, burritos and all sorts of other full-flavoured Americana from a diverse range of restaurants, pop-ups and food trucks. US [...]
Retail sales edge up – but goods are still getting cheaper November 20, 2014 Retail sales have continued their upwards trajectory for the 19th month in a row – but it appears to be largely driven by falling prices and discounting. Figures published this morning by the Office for National Statistics show that consumer spending in October increased by 2.8 per cent year-on-year, but the amount of goods [...]