WHAT THE OTHER PAPERS SAY THIS MORNING May 26, 2010 FINANCIAL TIMES APPLE, HP AND DELL INVESTIGATE FOXCONN AFTER SPATE OF SUICIDES Apple, Dell and HP, three of the world’s largest IT companies, said yesterday they were investigating working conditions at Foxconn after a series of suicides at the huge factory in southern China where Foxconn makes electronic goods. Nine workers at Foxconn’s Shenzhen plant, [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 26, 2010 FINANCIAL TIMES APPLE, HP AND DELL INVESTIGATE FOXCONN AFTER SPATE OF SUICIDES Apple, Dell and HP, three of the world’s largest IT companies, said yesterday they were investigating working conditions at Foxconn after a series of suicides at the huge factory in southern China where Foxconn makes electronic goods. Nine workers at Foxconn’s Shenzhen plant, [...]
THE TIPSTER May 19, 2010 THE airline that once billed itself as the world’s favourite is set to report fourth quarter results on Friday, but it has hardly been an upbeat few months for British Airways. Although these profit figures will not include the disruption caused by the volcano in Iceland, the carrier has been mired in an industrial dispute [...]
LSE welcomes £900m flood of new floats March 24, 2010 FOUR separate companies raised a total of over £900m yesterday as they floated on the London Stock Exchange, the best day for listings in the City since May 2008. African Barrick Gold (ABG) raised £581m as it came to the market at 575p per share – the largest initial public offering on the LSE in [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 28, 2010 THE SUNDAYS The Sunday Telegraph OCADO TO HIT PROFIT IN TWO YEARS Ocado’s imminent plans for a £1bn stock market flotation have been given a boost after a detailed research note from an expert retail analyst firm said that the online retailer would be making pre-tax profits within “a two-year time frame”. The note said [...]
Andrew Jones to list new firm March 7, 2010 Former British Land retail boss and board director Andrew Jones is planning to list new property company Metric Property on the London Stock Exchange with an estimated fundraising of more than £150m.
HOW THE AGREEMENT AFFECTS THE CITY May 20, 2010 BANKING • The coalition has agreed to impose some kind of levy on the banking industry, although its exact form has yet to be decided. The Tories want to introduce a fee on banks’ wholesale funding, while the Liberal Democrats would prefer a tax on profits. • There is a vague commitment to tackle “unacceptable [...]
ACTOR KEVIN SPACEY ENJOYS A RETURN TO THE TRADING FLOOR June 23, 2010 ACTOR and Old Vic artistic director Kevin Spacey is becoming quite the dab hand on the trading floor, if reports from our Stateside friends are to be believed. Bankers at Citigroup in New York were astonished last week when Spacey popped into their offices to do a spot of research for his new movie, Margin [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 31, 2010 FINANCIAL TIMES CHINA TOLD PROPERTY RISK IS WORSE THAN IN US The problems in China’s housing market are more severe than those in the US before the financial crisis because they combine a potential bubble with the risk of social discontent, according to an adviser to the Chinese central bank. Li Daokui, a professor at [...]
Our panel: surge in support for Nick Clegg is here to stay April 21, 2010 THERE has been a significant increase in support for the Liberal Democrats on our panel of City workers. The City A.M./PHI Panel, which has been specially recruited with PoliticsHome.com to represent a cross-section of London’s financial and business community, were asked if they were likely to vote Lib Dem. Almost a third of panellists said [...]