Conditions are brewing for strong coffee prices February 22, 2010 WHILE the surge in sugar has dominated the headlines and the commodity markets over the past six months, prices of other soft commodities such as coffee have been steadily rising. Coffee has risen 23.2 per cent over the past year and there is now speculation that it could be the next bull story in the [...]
Industry rises from the ashes to drive growth February 17, 2010 AMERICAN industry appears to be benfitting from a second wind. As the world’s largest economy emerges from recession, it’s industry that’s leading the way while the service sector is only just managing to hobble back to life. In recent years the US has re-directed its economy towards the service sector and, in particular, the consumer. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 20, 2009 THE SUNDAYSThe Sunday TelegraphTRUELL TO CONSOLIDATE UK PENSIONS Renowned City investor Edmund Truell is gearing up for a fresh round of acquisitions to drive consolidation in the UK pensions market. Truell, who founded private equity house Duke Street, said he was exploring targets for his Pension Corporation vehicle and had seen a growing interest from [...]
Green dreams: a Moon Race for the 21st Century July 19, 2009 FORTY years ago today Neil Armstrong jumped off the ladder of his Eagle landing module as the US finally won the decade long battle with Russia to put the first man on the moon. NASA won, not by luck, but because it put in place a countrywide programme costing over $100bn (£61bn) in today’s money [...]
TURNING THE LAW GREEN, BIT BY BIT June 23, 2009 DESMOND HUDSONLAW SOCIETY CHIEF EXECUTIVEWE are all aware of the dangers of climate change, but the fact is that we spend much of our lives at work. If we are going to tackle the problem, businesses need to do their bit. So is it possible to save the polar bears from the comfort of your [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 22, 2009 FINANCIAL TIMES VODAFONE TO REJIG MOBILE INTERNET STRATEGYVodafone will set out a significant revamp of its services strategy for mobile phones tomorrow as it tries to bridge the gap with global rivals. Vittorio Colao, chief executive, will outline new services that are intended to capitalise on the rising popularity of surfing the internet on mobiles.Some [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 22, 2009 FINANCIAL TIMES VODAFONE TO REJIG MOBILE INTERNET STRATEGYVodafone will set out a significant revamp of its services strategy for mobile phones tomorrow as it tries to bridge the gap with global rivals. Vittorio Colao, chief executive, will outline new services that are intended to capitalise on the rising popularity of surfing the internet on mobiles.Some [...]
G8 warns of signifcant risks to economy July 8, 2009 WORLD leaders believe that the global economy still faces “significant risks” and may need further help, according to a draft document drawn up yesterday at the Group of Eight (G8) summit. The document cautions that “significant risks remain to economic and financial stability” while “exit strategies” from pro-growth packages should be unwound only “once recovery is assured”. [...]
City Moves who’s switching jobs May 25, 2009 WolseleyThe plumbers and builders merchant has appointed Michael Wareing, chief executive of accountancy firm KPMG, and Alain Le Goff, a former executive at consumer giant Reckitt Benckiser, as non-executive directors. Wareing, pictured, 55, joined KPMG in 1973 and became chief executive in 2005. Le Goff, 57, retired as executive vice president of supply at Reckitt [...]
The real reason for London’s prosperity January 11, 2010 AT least three times since the 1960s, the City has been saved by the stupidity of others. London’s economic prominence is partly home-grown, of course, not least thanks to the free-market reforms of the 1980s. But a key driver of the City’s survival and subsequent triumph has been its ability to mop up industries fleeing [...]