In deep water: learning to dive off the coast of Malta April 10, 2011 AS I floated through the open hatchway into the ship’s galley, the scene appeared frozen in time. Seaweed waved gracefully about the cupboards and a spotted fish darted in and out of the abandoned cooker. A stream of bubbles poured from my dive buddy’s regulator as he laughingly grabbed the ship’s wheel and gave a [...]
In deep water: learning to dive off the coast of Malta April 10, 2011 AS I floated through the open hatchway into the ship’s galley, the scene appeared frozen in time. Seaweed waved gracefully about the cupboards and a spotted fish darted in and out of the abandoned cooker. A stream of bubbles poured from my dive buddy’s regulator as he laughingly grabbed the ship’s wheel and gave a [...]
Scot free… No censure for Fred the Shred December 2, 2010 SHAMED banker Sir Fred Goodwin escaped censure for his role in the near-collapse of Royal Bank of Scotland (RBS) yesterday. After an 18-month investigation the Financial Services Authority (FSA) decided there was no fraud or dishonest activity by the former bank boss or his executives. It said a series of “bad decisions” were made, in [...]
Rolls Royce wins £740m China plane contract November 9, 2010 Rolls Royce has secured a £740m order to supply engines for a fleet of Airbus A330 planes operated by China Eastern Airlines. The deal comes just days after it was suggested that a fault in a Rolls-Royce Trent 900 engine forced an aircraft to make an emergency landing. The incident is under investigation. China Eastern’s [...]
Commodities and banks help FTSE snap its losing streak December 1, 2010 BRITAIN’S leading share index staged its biggest one day really in three months yesterday, clawing back some of the losses made in the past three sessions, with commodities boosted by upbeat Chinese data and banks rallying after being hit by sovereign debt concern. The rally was also boosted by hopes the European Central Bank (ECB) [...]
Commodities and banks help FTSE snap its losing streak December 1, 2010 BRITAIN’S leading share index staged its biggest one day really in three months yesterday, clawing back some of the losses made in the past three sessions, with commodities boosted by upbeat Chinese data and banks rallying after being hit by sovereign debt concern. The rally was also boosted by hopes the European Central Bank (ECB) [...]
Eurozone divided on debt June 27, 2010 THE never-ending, seemingly billion-hour tennis marathon and the World Cup have been welcome distractions to the doom and gloom in the market. As the latest record high in Greek 5-year credit default swaps indicate, investors still think there is a real possibility that Greece could default on its gargantuan national debt. Marie Diron, an economic [...]
BRITISH LAND LOSES TALENT October 8, 2009 ANDREW JONES:Outgoing British Land director MARK STIRLING:Also going VALENTINE BERESFORD:Also going
No cheap fixes for Ireland’s woes November 15, 2010 NO ONE wants to pay for Ireland to be bailed out. But Britain must face, along with its European partners, the danger that an Irish default presents. Britain is liable for 13.6 per cent of the €60bn (£50bn) European Financial Stabilisation Mechanism. An Irish bailout from the fund could therefore cost Britain as much as [...]
No cheap fixes for Ireland’s woes November 15, 2010 NO ONE wants to pay for Ireland to be bailed out. But Britain must face, along with its European partners, the danger that an Irish default presents. Britain is liable for 13.6 per cent of the €60bn (£50bn) European Financial Stabilisation Mechanism. An Irish bailout from the fund could therefore cost Britain as much as [...]