WHAT THE OTHER PAPERS SAY THIS MORNING December 13, 2011 FINANCIAL TIMES PEPSICO SIGNALS RENEWED FOCUS ON CORE INDULGENT BRANDS PepsiCo, the US drinks and snacks company, has signalled that it will renew its focus on its core “indulgent” brands. The move marks a shift in strategy after mounting criticism from investors that it had invested too much in less profitable health products. SIX FORMER [...]
Banks and miners fuel FTSE gains December 7, 2011 Miners and banks fuelled a lift in the FTSE 100 as investor sentiment improved ahead of a crunch Eurozone summit. The blue chip index mirrored Asia and the US where markets recovered from the ratings blow from Standard & Poor’s, which threatened to downgrade 15 nations, including Germany. There is mounting optimism that Eurozone leaders [...]
Banks and miners fuel FTSE gains December 7, 2011 Miners and banks fuelled a lift in the FTSE 100 as investor sentiment improved ahead of a crunch Eurozone summit. The blue chip index mirrored Asia and the US where markets recovered from the ratings blow from Standard & Poor’s, which threatened to downgrade 15 nations, including Germany. There is mounting optimism that Eurozone leaders [...]
Offer fails to avert strikes November 2, 2011 THE TREASURY laid out an improved deal on public sector pension reform yesterday, but unions said it was not enough to avert a national strike planned for 30 November. Unions representing more than 2m workers have been locked in a dispute with the coalition over its plans to raise pension contributions as part of deficit-cutting [...]
Offer fails to avert strikes November 2, 2011 THE TREASURY laid out an improved deal on public sector pension reform yesterday, but unions said it was not enough to avert a national strike planned for 30 November. Unions representing more than 2m workers have been locked in a dispute with the coalition over its plans to raise pension contributions as part of deficit-cutting [...]
Moody’s slashes ratings of UK banks October 6, 2011 THE FRAGILE UK banking sector was further knocked today by a downgrade by Moody’s, the credit rating agency. Moody’s has decided to reduce the ratings of 12 UK banks and building societies by up to three notches, to reflect the removal of implicit government support in the event of possible failure. The news sent bank [...]
BALANCE RISKS TO OUTPERFORM BY REPUTATION October 24, 2011 WHAT a summer of sport we’ve seen. And with the handover of the Rugby World Cup baton on to England for 2015, the UK hosting of the 2012 Olympics, and not forgetting the Commonwealth Games in Glasgow in 2014, there hasn’t been a better time to be involved the sports, leisure and entertainment (SLE) world. [...]
BALANCE RISKS TO OUTPERFORM BY REPUTATION October 24, 2011 WHAT a summer of sport we’ve seen. And with the handover of the Rugby World Cup baton on to England for 2015, the UK hosting of the 2012 Olympics, and not forgetting the Commonwealth Games in Glasgow in 2014, there hasn’t been a better time to be involved the sports, leisure and entertainment (SLE) world. [...]
Chancellor’s plans are a mixed bag November 27, 2011 THIS week’s Autumn statement by the chancellor will be like the proverbial curate’s egg: good in parts, bad in others, and as a result not entirely digestible. While bits of George Osborne’s plans rightly focus on liberating companies and individuals, others involve creating special schemes, funds and interventions, many of them gimmicks, and seek to [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 11, 2012 FINANCIAL TIMES BANK OFFERS TRADES FOR EUROZONE SHORTING Credit Suisse is offering its hedge fund clients off-the-shelf products that allow traders to replicate hypothetical gains made by betting against European stock indices that include equities covered by Eurozone short selling bans. The bank has made five shortable baskets “optimised” to track leading European indices as [...]