Wolfson says profit hit by iPhone loss October 5, 2009 SHARES in Wolfson Microelectronics fell yesterday after the chipmaker issued a profit warning, blaming its failure to get the contract for the new iPhone for a slump in orders. Wolfson, which makes components for Samsung and Apple products, said that orders for the fourth quarter of 2009 would be worse that expected, and that backlogs [...]
Economic downturns can lead to more innovation October 26, 2009 IT’S A well-known fact that an economic downturn corresponds with an innovation upturn. Change means winners and losers. Are you going to sit at the dinner or be the duck which is served? It comes largely down to your attitude, to whether you are going to embrace the change or resist it. Henry Ford said [...]
US housing results bring down stocks October 20, 2009 US stocks retreated from 12-month highs yesterday as disappointing housing and inflation data prompted investors to book recent gains despite strong results from bellwethers including Apple and Caterpillar. New construction of US homes rose less than expected in September and US producer prices posted an unexpected decline, both pointing to an anemic economic recovery. DuPont [...]
US housing results bring down stocks October 20, 2009 US stocks retreated from 12-month highs yesterday as disappointing housing and inflation data prompted investors to book recent gains despite strong results from bellwethers including Apple and Caterpillar. New construction of US homes rose less than expected in September and US producer prices posted an unexpected decline, both pointing to an anemic economic recovery. DuPont [...]
Stuck in London for Christmas? Hole up in a luxury hotel December 20, 2009 OH dear. A bit of snow, as we had on Thursday, and London goes into panic mode. Flights are delayed, cancelled and rearranged, and with the threat of a BA strike only tenuously averted, getting out of London over the Christmas period seems anything but a sure bet. But look on the bright side. It’s [...]
Koffman’s pop-up proves that he’s still the king of London fine dining November 9, 2009 NOSTALGIA is a wonderful thing. When it was announced that Pierre Koffman would come out of retirement to run a restaurant on the roof of Selfridges for one week only, the phones rang off the hook with former customers who remembered his Chelsea restaurant Tante Claire, which closed several years ago. But the crowd wasn’t [...]
As the runt of the mobile litter, 3 will not survive September 10, 2009 AND then there were three. Or at least there will be, because Hutchison Whampoa’s 3 will find it extremely tough to survive following the merger of T-Mobile and Orange in the UK. That would leave what analysts are dubbing “T-Orange”, with a 37 per cent share of mobile revenues in the UK, O2 with 27 [...]
As the runt of the mobile litter, 3 will not survive September 10, 2009 AND then there were three. Or at least there will be, because Hutchison Whampoa’s 3 will find it extremely tough to survive following the merger of T-Mobile and Orange in the UK. That would leave what analysts are dubbing “T-Orange”, with a 37 per cent share of mobile revenues in the UK, O2 with 27 [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 17, 2009 FINANCIAL TIMES BARCLAYS RETAIL CHIEF WARNS NEW ENTRANTSThe new head of global retail banking at Barclays has joined the backlash of traditional bankers against the entry into banking of supermarkets and other consumer companies. Antony Jenkins said the new competitors may be under-estimating the difficulties of breaking into the market. APOLLO SETS SIGHTS ON NYSE [...]
Spotify goes mobile with new iPhone agreement September 7, 2009 SPOTIFY, the digital music firm, has secured a deal to launch a mobile offering on Apple’s iPhone, iPod Touch and phones using the Android platform. The Swedish firm said yesterday that a mobile application is now available for its premium subscribers in the UK, Sweden, Spain, France and Norway on the three devices, and in [...]