What the other papers say this morning January 13, 2011 FINANCIAL TIMES BIG THREE JAPANESE CARMAKERS IN GREEN PUSH Japan’s three largest carmakers have joined forces to promote the adoption of hydrogen fuel cell vehicles, with a plan to build 100 filling stations in Japan for the next-generation “green” cars by 2015. Toyota, Honda and Nissan will be joined by 10 Japanese natural-gas refiners and [...]
ANCIENT INDIAN SEXUAL WISDOM, PIPED LIKE MUSIC TO YOUR EARS August 4, 2010 HURRAH for technology: the days of keeping up appearances among fellow passengers by trawling through suitably intellectual reading material on the daily commute are officially over. The Kama Sutra, that literary fountain of Indian sexual wisdom, has been released in audio book format for the first time in its 1,600 year history. Publisher Beautiful Books [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 16, 2010 FINANCIAL TIMES CLEGG WARNING TO BANKS ON BONUSES Nick Clegg has warned Britain’s banks that the government would not stand on the sidelines if they paid out lavish bonuses and failed to increase lending, increasing pressure on David Cameron to toughen his stance on the City. “They don’t operate in a social vacuum,” he told [...]
Wall Street flat as earnings awaited October 11, 2010 US stocks drifted in the lightest trading volume of the year yesterday as few dared to place bets ahead of key companies’ results later this week. Expectations the Federal Reserve will flood markets with even more cash have been fully priced in to the market, so investors are now focused on third-quarter earnings season, with [...]
Rolet takes axe to LSE’s marketing team May 20, 2010 LONDON Stock Exchange chief executive Xavier Rolet continued his drive to shake up the business by axing the firm’s entire marketing department, City A.M. learned yesterday. Rolet last year chopped down the exchange’s brand management team by half, as part of a wide-ranging efficiency crackdown during which he also axed the LSE’s long-standing M&A and [...]
Ash cloud hits airport sales at WH Smith June 8, 2010 WH Smith yesterday blamed disruption caused by the the Icelandic volcanco ash cloud for denting sales during the 14 weeks to 5 June. The company’s 570 high street stores saw like-for-like sales fall four per cent in the period. The group said like-for-like sales in the third quarter had fallen by four per cent at [...]
Fairfield Energy plans to raise up to £350m in a London stock market float June 17, 2010 FAIRFIELD Energy, a North Sea oil exploration company, yesterday said it is going ahead with a stock market listing on the London Stock Exchange that could raise around £350m. The listing could value the group at around £750m and put it in the FTSE 250 index. Fairfield has not yet decided on the proportion of [...]
Fairfield Energy plans to raise up to £350m in a London stock market float June 17, 2010 FAIRFIELD Energy, a North Sea oil exploration company, yesterday said it is going ahead with a stock market listing on the London Stock Exchange that could raise around £350m. The listing could value the group at around £750m and put it in the FTSE 250 index. Fairfield has not yet decided on the proportion of [...]
Dame Clara and Lord Marshall to be Nomura’s first non-Japanese directors May 17, 2010 NOMURA has nominated business grandees Dame Clara Furse and Lord (Colin) Marshall to join the group board, the first non-Japanese candidates to be proposed as directors. The appointments will be put to the shareholder vote at a general meeting of the bank next week. Marshall, the former chairman and chief executive of British Airways and [...]
Betfair launches an online trading arm October 25, 2010 SHARE trading service LMAX opened for business yesterday, offering contracts for difference on US and European share indices, commodities and UK gilts. The platform, which is majority owned by online sports gambling firm Betfair, adopts its parent’s model as a peer-to-peer exchange rather than a traditional broker. It claims to be the first multi-asset trading [...]