Dell shows off new tablet PC September 23, 2010 BlackBerry maker RIM is understood to be ready to unveil an “iPad killer” tablet computer at its annual DevCon conference next week. The firm has been rumoured to have been working on a tablet device since the roaring success of Apple’s iPad. But few expected it could have the “BlackPad” ready in time for the [...]
Ted Baker revenue rise is fuelled by womenswear October 7, 2010 FASHION chain Ted Baker yesterday reported a 25 per cent leap in half-year profits but issued a cautious outlook for the full-year due to the “uncertain economic environment”. For the 28 weeks to 28 August, pre-tax profits rose to £7.5m while group revenues came in at £88.1m, up from £76.6m the year before. Womenswear sales [...]
GETTING THE PRICE RIGHT IS CRUCIAL November 11, 2010 MD & FOUNDER OF FINE WINE MERCHANT BORDEAUX INDEX AS THE giddy prices achieved at the recent auctions in Hong Kong confirmed, the right price for anything is what someone’s willing to pay for it. With premia to market averaging around 60 per cent on over £10m of widely available stock, it speaks more of [...]
FED DECISION DOES NOT END UNCERTAINTY November 1, 2010 CFD MARKET STRATEGIST, GFT THE two-day US Federal Open Market Committee (FOMC) meeting ends tomorrow. This should end months of speculation over the size and scope of additional monetary stimulus. Last week, the Federal Reserve sent out a number of conflicting signals concerning its next move. Rather than narrowing the range of possible outcomes, the [...]
FOOD & BOOZE NEWS October 25, 2010 BENARES’ DIWALI FEAST Mayfair’s favourite posh Indian restaurant is going to be celebrating Hindu festival Diwali in style with a special menu. Michelin-garnering chef Atul Kochhar’s menu, on offer throughout November, will two or three courses with paired wines, of which highlights include smoked lamb kebabs with pickled red cabbage; tandoor sea trout with marinated [...]
The master of business buyouts December 2, 2010 IT WAS a huge day for Matthew Riley the founder of telecommunications company Daisy yesterday. He announced a £23.5m buyout of his competitor, NEG MBO Two Limited – a big deal particularly considering that just last week Daisy bought out SpiriTel Technologies for £30m. When asked about the deals Riley grins cheekily and says he’s [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 26, 2010 FINANCIAL TIMES GOLD SALES AT EUROPEAN CENTRAL BANKS DRAW TO HALT Europe’s central banks have all but halted sales of their gold reserves, ending a run of large disposals each year for more than a decade. The central banks of the eurozone plus Sweden and Switzerland are bound by the Central Bank Gold Agreement, which [...]
INTERIORS October 28, 2010 HEAD DESIGNER, APD INTERIORS Q.Dear Andrew, we have family visiting for Christmas and need to buy a sofa. Do we still have time and what should we consider? A.If you want to take delivery for Christmas you need to start looking now because your choice will already be limited by long lead-times for some furniture. [...]
BEST OF THE BROKERS October 4, 2010 AHOLD RBS has lowered its target price, but still rates the food retailer a “buy” with a target of €11.80. The broker has cut earnings per share forecasts for 2010 to 2012 by four to six per cent, chiefly due to the recent strength of the euro against the dollar. It believes the departure of [...]
BEST OF THE BROKERS October 4, 2010 AHOLD RBS has lowered its target price, but still rates the food retailer a “buy” with a target of €11.80. The broker has cut earnings per share forecasts for 2010 to 2012 by four to six per cent, chiefly due to the recent strength of the euro against the dollar. It believes the departure of [...]