FED DECISION DOES NOT END UNCERTAINTY November 1, 2010 CFD MARKET STRATEGIST, GFT THE two-day US Federal Open Market Committee (FOMC) meeting ends tomorrow. This should end months of speculation over the size and scope of additional monetary stimulus. Last week, the Federal Reserve sent out a number of conflicting signals concerning its next move. Rather than narrowing the range of possible outcomes, the [...]
Desperate partners spell redundancies October 26, 2010 MCGRIGORS, a top Scots law firm, stunned the profession last week by announcing the first market-driven redundancies in the sector in the last 18 months. Some 40 staff – most of them lawyers – will lose their jobs. McGrigors has tried pretty much everything to avoid this: pay cuts, enforced unpaid holiday etc. But there [...]
Apple rides high but iPad falters October 18, 2010 Apple last night smashed expectations to post record fourth quarter profits and revenues, boosted by blockbuster sales of its new iPhone 4. However, its landmark iPad tablet device lagged behind analyst forecasts as supply issues continued to dog the world’s biggest technology firm. Apple shifted 4.2m iPads in the quarter, falling well short of analyst [...]
Apple rides high but iPad falters October 18, 2010 Apple last night smashed expectations to post record fourth quarter profits and revenues, boosted by blockbuster sales of its new iPhone 4. However, its landmark iPad tablet device lagged behind analyst forecasts as supply issues continued to dog the world’s biggest technology firm. Apple shifted 4.2m iPads in the quarter, falling well short of analyst [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 23, 2010 FINANCIAL TIMES CAMERON WOOS NORDIC NATIONS David Cameron is to host a summit with leaders of Nordic and Baltic countries in January, an unusual move which Downing Street billed as an opportunity to exchange ideas on issues such as the green economy, social cohesion and gender equality. Cameron’s spokeswoman insisted the summit was not an [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 23, 2010 FINANCIAL TIMES CAMERON WOOS NORDIC NATIONS David Cameron is to host a summit with leaders of Nordic and Baltic countries in January, an unusual move which Downing Street billed as an opportunity to exchange ideas on issues such as the green economy, social cohesion and gender equality. Cameron’s spokeswoman insisted the summit was not an [...]
Time to offload Lloyds to save the City’s skin October 12, 2010 Politics can be so unpredictable that a week seems a long time, but there is one prediction that can be made with certainty: a car crash between bankers and politicians just in time for Christmas. The fall out could be so severe that it could lead to the demise of London as a financial services [...]
Time to offload Lloyds to save the City’s skin October 12, 2010 Politics can be so unpredictable that a week seems a long time, but there is one prediction that can be made with certainty: a car crash between bankers and politicians just in time for Christmas. The fall out could be so severe that it could lead to the demise of London as a financial services [...]
Unite threatens fresh strike ballot as bullying feud ignites August 31, 2010 TENSIONS between British Airways (BA) and Unite were re-ignited yesterday over allegations of bullying as the trade union representing the airline’s cabin crew warned of a possible fresh wave of strikes to be held over the Christmas period. An unresolved dispute over bullying allegations made by the union and BA staff during the previous 22 [...]
Halo: Reach sets sales record September 16, 2010 MICROSOFT has enjoyed the biggest gaming sales bonanza of the year, after a global stampede for the latest instalment of its Halo video game franchise generated over $200m (£128m) of revenues in just 24 hours. Sales of Halo: Reach, a first-person shooter game, stormed past the three-day opening weekends of blockbuster films like Toy Story [...]