STRICTLY BUSINESS BRIEF ENDS VINCE CABLE’S DANCING DREAM June 28, 2011 THERE is something bothering business secretary Vince Cable – and it’s not the separation of retail and investment banking, the Greek debt crisis or even waging war on Rupert Murdoch. No – Cable is concerned his demanding day job could mean he never fulfils his dream of returning to Strictly Come Dancing for a full [...]
FTSE dips on eurozone fears and slipping commodities May 25, 2011 The FTSE 100 dipped today as jittery investors lost confidence in commodities and remained nervous over the eurozone debt crisis. With raw material prices dropping amid concerns over a slowdown in China, riskier assets were being shunned. Shares in commodities giant Glencore fell as much as three per cent on their Hong Kong trading debut [...]
Commodity falls and fears for stress tests see FTSE decline July 14, 2011 FALLS among commodity issues sapped the strength of Britain’s top share index yesterday, as worries over global growth clouded the demand outlook for metals and oils. At the close, the FTSE 100 index was down 59.48 points, or one per cent at 5,846.95, reversing all and more of the previous session’s 0.6 per cent rally. [...]
Commodity falls and fears for stress tests see FTSE decline July 14, 2011 FALLS among commodity issues sapped the strength of Britain’s top share index yesterday, as worries over global growth clouded the demand outlook for metals and oils. At the close, the FTSE 100 index was down 59.48 points, or one per cent at 5,846.95, reversing all and more of the previous session’s 0.6 per cent rally. [...]
Kazakhmys plans Hong Kong listing May 16, 2011 KAZAKHMYS, the world’s 10th largest copper miner, said yesterday it plans to complete a secondary listing in Hong Kong by the end of June, a move that will boost its presence in China – the world’s biggest copper importer. The company said it has filed a prospectus with the Hong Kong Stock Exchange, and added [...]
CITY MOVES | WHO’S SWITCHING JOBS June 16, 2011 Dalton Strategic Partnership The investment manager has appointed Keith Busuttil as an analyst on the European Absolute Return equities team, based in London, where he will work on the Melchior European equity long short strategies. Busuttil joins DSP from The Blackstone Group, where he was vice president in the European Debt Restructuring team. Prior to [...]
Real estate market picks up April 13, 2011 Property investors are looking to riskier markets such as Spain and emerging Europe, and shunning safer prime European commercial real estate, pushing up investment volumes and prices, research by CB Richard Ellis has shown. Direct investment in prime European commercial property hit €26.7bn in the first-quarter, up 26 per cent on the year. In the [...]
Real estate market picks up April 13, 2011 Property investors are looking to riskier markets such as Spain and emerging Europe, and shunning safer prime European commercial real estate, pushing up investment volumes and prices, research by CB Richard Ellis has shown. Direct investment in prime European commercial property hit €26.7bn in the first-quarter, up 26 per cent on the year. In the [...]
CITY MOVES | WHO’S SWITCHING JOBS May 25, 2011 Cable & Wireless The telecoms company has appointed Ian Gibson as chief financial officer and executive director, with effect from 21 July. Gibson joined the group in 1995 and has held a number of senior management positions, most recently deputy chief financial officer. In 2009 he was appointed as acting chief financial officer and played [...]
Banks and politicians must unite on Brussels June 15, 2011 WHAT do you think of when you think of Brussels? Incomprehensible bureaucracy? Plush expenses for MEPs? The greatest peace time project since the Second World War, bringing peace, prosperity and harmony to Europe’s grateful hordes? Or delicious delirium-inducing Trappist ales? Mine’s a Chimay Bleue, please. The chances are you don’t think about Brussels a lot. [...]