Japan struggles to get a grip on its currency November 15, 2011 THE Japanese central bank, the Bank of Japan (BoJ), has been locked in a seemingly futile battle to weaken its currency, the yen. A strong yen is seen as damaging to Japanese exporters by reducing their competitiveness overseas and eroding the value of repatriated earnings. But despite its past failures, it is likely that the [...]
WPP trading in line September 16, 2011 Advertising giant WPP said trading in August was in line with the first seven months of the year despite the tough economic climate. Chief executive Martin Sorrell gave an upbeat view of the company’s performance at a Royal Television Society conference. The company said like-for-like sales were up 5.9 per cent for the period January [...]
WPP trading in line September 16, 2011 Advertising giant WPP said trading in August was in line with the first seven months of the year despite the tough economic climate. Chief executive Martin Sorrell gave an upbeat view of the company’s performance at a Royal Television Society conference. The company said like-for-like sales were up 5.9 per cent for the period January [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 8, 2011 FINANCIAL TIMES UBS FEARS MISSING AMBITIOUS TARGETS UBS bankers have privately conceded that the Swiss financial services group is unlikely to meet ambitious performance targets as it realigns its business in response to new rules on capital. Oswald Grübel, chief executive, surprised analysts last month by maintaining his medium-term goals of SFr20bn (£14bn) in annual [...]
Climate change bill £84 a year June 29, 2010 Households are typically being charged more than £80 a year in hidden taxes to help combat the impact of climate change, according to research by price comparison website uSwitch.com. On average, households pay £84 a year in hidden taxes on their energy bills and the figure is likely to rise. The group warned the taxes [...]
Physicists are hunting for a so-called God particle, but their faith is dwindling fast November 24, 2011 EVER since the Large Hadron Collider (LHC) was nearing completion at Cern, the European centre for particle physics near Geneva, particle scientists have been earnestly explaining that it really doesn’t matter if the huge accelerator fails to snare its main quarry, a particle called the Higgs boson. Maybe it exists; maybe it doesn’t. It’s interesting [...]
Physicists are hunting for a so-called God particle, but their faith is dwindling fast November 24, 2011 EVER since the Large Hadron Collider (LHC) was nearing completion at Cern, the European centre for particle physics near Geneva, particle scientists have been earnestly explaining that it really doesn’t matter if the huge accelerator fails to snare its main quarry, a particle called the Higgs boson. Maybe it exists; maybe it doesn’t. It’s interesting [...]
Protests and angry investors colour BP meeting April 14, 2011 Protestors against BP’s Gulf of Mexico oil spill disaster and Canadian tar sands exploration disrupted its annual meeting today, while the company came under fire from a range of investors. Shareholders tackled BP’s board with questions over its risk management, climate change, environmental damage and the fallout from its $16bn (£9.8bn) share swap deal with [...]
Protests and angry investors colour BP meeting April 14, 2011 Protestors against BP’s Gulf of Mexico oil spill disaster and Canadian tar sands exploration disrupted its annual meeting today, while the company came under fire from a range of investors. Shareholders tackled BP’s board with questions over its risk management, climate change, environmental damage and the fallout from its $16bn (£9.8bn) share swap deal with [...]
Climate change funds efficient source of profit June 22, 2010 AS THE western world enters the age of austerity, finding sectors with strong growth potential will be the challenge for investors. Climate change is one area that has astounding prospects. The International Energy Agency (IEA) estimates that between $1 trillion and $2 trillion a year will need to be invested over the medium to long [...]