FTSE 100 slips after touching highs last week September 17, 2012 The main share index opened down this morning, as it retreated after touching six-month highs on Friday thanks to the US Federal Reserve’s annoucement of unlimited stimulus. Miners led the index down, as slowing growth in China forced base metal prices lower. Ophir Energy lost 4.06 per cent in early trading, despite it announcing better-than-expected [...]
BAML warns of strikes impact in South Africa October 8, 2012 BANK of America Merrill Lynch (BAML) yesterday sounded a warning on South Africa, cutting ratings across the country’s investment sectors. The investment bank is now underweight on the country, after downgrading South African consumer stocks to neutral and keeping banking stocks underweight. Amid the crisis-hit mining sector, BAML downgraded the South African resources sector from [...]
Dedicated Federer of fashion February 27, 2013 THERE IS a problem. It is 8am in Dubai and a freak storm has descended over the improbable desert city. Where there should – statistically, at least – be clear, azure skies, there is a mulch of saggy grey cloud. This is a problem because I was supposed to be boarding a helicopter to Roger [...]
Utah: America’s secret scenic wonderland October 1, 2012 Touching down at Las Vegas airport at 9pm, we made a classic mistake. Predicting we’d be fine to drive the two-hour journey to our hotel after a refreshing Diet Coke and a few rounds of Blackjack at the Mandalay Bay, we didn’t expect to find ourselves deliriously sleep-deprived, jetlagged to the max and sans sat-nav, journeying [...]
Utah: America’s secret scenic wonderland October 1, 2012 Touching down at Las Vegas airport at 9pm, we made a classic mistake. Predicting we’d be fine to drive the two-hour journey to our hotel after a refreshing Diet Coke and a few rounds of Blackjack at the Mandalay Bay, we didn’t expect to find ourselves deliriously sleep-deprived, jetlagged to the max and sans sat-nav, journeying [...]
The greatest show on earth September 13, 2012 Legendary cabaret club Crazy Horse is set to finally hit London next week after decades of wowing Parisian crowds. Appearing in a purpose-built temporary venue on the South Bank, the club promises to be the best night out in the capital. We caught up with organiser Harvey Goldsmith, the clubbing stalwart who brought Club Tropicana [...]
One loss won’t keep United from top two August 23, 2012 THE first week of the Premier League season has already produced excitement, shown some high quality and some bizarre results. Opening fixtures can be like that; a team will think they’re ready and then just not turn up on the day. Everton, for example, were determined to have a good start and deserved their win, [...]
Ex-BlackRock co-head Tubbs joins Mirabaud June 17, 2012 DANIEL TUBBS, former co-head of BlackRock’s global emerging markets team, has been hired by Swiss asset manager Mirabaud, the company revealed today. Tubbs, who left BlackRock in March, will join Mirabaud’s London office where he will manage a long-only Ucits-registered investment fund focussing on emerging market equities. An Exeter University graduate and a qualified chartered [...]
Lech has all the goodness of the Alps without the crowds October 14, 2012 LECH is what Aspen wants to be when it grows up,” is how I’ve heard Austria’s Alpine region described. Now, I’m no skier (hate the cold and don’t have great balance) but this statement alone made me want to visit Lech. So, full of Olympic fatigue and eager for a change of scenery, I headed [...]
Ed Miliband’s populist policies will make the UK’s bad position worse October 1, 2012 OUR political climate currently mirrors our economic situation – bleak and shockingly uninspiring. At a recent breakfast for business leaders in London, a veteran newspaper journalist spoke of the challenge faced across the West as one of “unpopular governments and unconvincing oppositions”. The polls in Britain bear this out. A ComRes poll for the Independent [...]