Wenger: Our Germans just the Teutonic October 23, 2012 ARSENAL manager Arsene Wenger has hailed his German contingent as they look to overcome Schalke at home tonight and take a major step towards the knockout rounds of the Champions League. Summer signing Lukas Podolski and defender Per Mertesacker, who joined last year, have quickly been embraced by Gunners fans, while Wenger has increasingly favoured [...]
Portugal cut to BB by S&P on second bailout fears September 18, 2013 Ratings agency Standard & Poor's has cut Portugal's sovereign debt rating to BB with negative implications. From their release: On Sept. 18, 2013, Standard & Poor's Ratings Services placed its 'BB' long-term foreign and local currency sovereign credit ratings on Portugal on CreditWatch with negative implications. At the same time, we affirmed our short-term sovereign [...]
The sky’s the limit: Why the humble checklist beats masterful intuition October 25, 2012 THOSE of us glued to the live feed of Felix Baumgartner’s jump from the edge of space last week were also incidentally witness to one of the most powerful – and underappreciated – performance enhancement techniques known. If you were watching, the chances are you didn’t even give it a second thought. But there’s as [...]
Elpida’s Irwin is M&B director March 21, 2012 EDWARD Irwin, a representative of investment vehicle Elpida, has been named as a non-independent non-executive director of Mitchells & Butlers (M&B). Elpida, a major shareholder in M&B, is owned by racing tycoons JP McManus and John Magnier. Interim chief executive Bob Ivell also said the company’s search for a new boss was going well.
Bond helps to push carmaker Aston Martin to a pre-tax loss October 4, 2012 ICONIC carmaker Aston Martin swung to a loss in 2011 as financing costs overshadowed rising sales, according to the luxury carmaker’s annual accounts. The British firm, taken over by Kuwaiti investors in 2007, posted a pre-tax loss of £33.1m for last year, from a pre-tax profit of £6.9m in 2010. Operating profits fell by three [...]
200 bankers fail ethics test August 20, 2013 An ethics test for young bankers by the Chartered Institute for Securities & Investment (CISI) has had a 98 per cent pass rate since its relaunch in April, the professional body has said. But this means that 200 of the 10,000 taking the test failed to achieve the A or B grade required to take [...]
Victory for Clegg on economics as left-leaning Lib Dems fail to scupper motion September 16, 2013 Liberal Democrats have supported Nick Clegg's motion "Strengthening the UK Economy" (pages 37-39). The proposed and largely rejected changes – put forward by the left-leaning faction the Social Liberal Forum (SLF) – are below. The party leadership were happy to accept the first amendment if the first four lines of that did not pass, and [...]
No shortage of literature for banking bookworms this month October 23, 2012 RECENT City A.M. award winner and property giant Westfield welcomed the Prime Minister’s wife to their Shepherd’s Bush store yesterday. Samantha Cameron, ambassador of Save the Children, gave a special reading of The Snail and the Whale at Foyles Bookstore to a group of children from Larmenier & Sacred Heart primary school. But for grown-up [...]
BAE board under fire as deal fails October 10, 2012 BAE was last night scrambling to save the reputation of its board following the embarrassing collapse of the high-profile tie-up with EADS yesterday. The £30bn mega-merger between the two defence and aerospace companies skidded to a halt yesterday afternoon as talks between the governments broke down in mutual recrimination. A source with knowledge of the [...]
Rapid responses October 11, 2012 Domestic security [Re: Should home owners have the right to use disproportionate force against intruders? Wednesday] The current law provides homeowners with more than enough protection, and genuine mistakes about the need to use force are allowed for. A threat to property cannot outweigh the value of human life, but the burglary situation is different, as [...]