Gold hasn’t hit the top as debt remains a risk August 1, 2011 PRESIDENT Obama’s deal on debt pushed gold off its record high, but it bounced back sharply. Now is not the time to sell, as over the foreseeable future the ongoing US and Eurozone debt crises will see it break new highs. BOUNCING BACK On Friday, gold hit a record high of $1,632.30/oz, but on Monday [...]
Gold hasn’t hit the top as debt remains a risk August 1, 2011 PRESIDENT Obama’s deal on debt pushed gold off its record high, but it bounced back sharply. Now is not the time to sell, as over the foreseeable future the ongoing US and Eurozone debt crises will see it break new highs. BOUNCING BACK On Friday, gold hit a record high of $1,632.30/oz, but on Monday [...]
Hammers: Black Cats tapped up Ba May 25, 2011 SUNDERLAND last night hit back at West Ham in the war of words over an alleged illegal approach for striker Demba Ba. The Black Cats responded after the Hammers lodged an official complaint with the Premier League about their transfer conduct. A spokesman said: “Sunderland AFC is fully aware of the Premier League regulations pertaining [...]
History lives on in the City of Angels September 18, 2011 WELCOME to LA. Embrace the pain!” jokes leading man Scoot McNairy in the touching 2007 indie flick In Search Of A Midnight Kiss. McNairy’s character is a failed, lonely screenwriter trying to woo a failed, lonely actress (Sarah Simmonds) on a New Year’s Eve date. His poignant words echo around the famous Orpheum Theatre, a [...]
Parker ready to tell Allardyce: I want to quit West Ham June 5, 2011 WEST HAM captain Scott Parker has confirmed he intends to tell new manager Sam Allardyce that he wants to quit the club for a return to the Premier League. The midfielder, 30, has only a few seasons left and is not prepared to wait and see whether Allardyce can guide the Hammers back into the [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 10, 2011 FINANCIAL TIMES HONG KONG EXCHANGE HIT BY HACKERS Computer hackers forced the Hong Kong stock exchange’s website to crash, prompting the bourse to suspend trading in the shares of seven companies including HSBC and the exchange operator itself. The cyberattack, which deprived investors of important announcements from listed companies, came just hours before Hong Kong [...]
How global progress could be halted July 5, 2011 WHENEVER I get too depressed about the state of the world, I turn to a website called rationaloptimist.com. Its author, Matt Ridley, is the scourge of the neo-Malthusian, doom and gloom pessimists – from the left and the right – who see catastrophes, famines and collapse around every corner. Ridley’s worldview, which draws on his [...]
UBS BRINGS OUT IPADS TO SECURE €7BN FLOAT June 22, 2011 IT IS bigger than Glencore and the largest lottery IPO in history. So it is little wonder the global investment banks are pulling out all the stops to be appointed as advisers on the multibillion-euro float of the Spanish national lottery. The Spanish government hopes to raise between €6.5bn and €7.5bn by issuing 30 per [...]
UBS BRINGS OUT IPADS TO SECURE €7BN FLOAT June 22, 2011 IT IS bigger than Glencore and the largest lottery IPO in history. So it is little wonder the global investment banks are pulling out all the stops to be appointed as advisers on the multibillion-euro float of the Spanish national lottery. The Spanish government hopes to raise between €6.5bn and €7.5bn by issuing 30 per [...]
Workspace plans cut-price rights issue July 7, 2011 BUSINESS landlord Workspace Group is to raise £63m in a deeply discounted rights issue, as part of plans to accelerate investment in its portfolio of buildings. The one-for-four rights issue is being made at a price of 23p per new ordinary share, representing a 21 per cent discount to the stock’s Wednesday night close. The [...]