Populist politicians are not markets’ saviours January 19, 2012 WE WILL know we have progressed to a higher level of civilisation when a politician praises a course of action that does not give him more power. On that measure, David Cameron remains as vulgar as the rest of his colleagues. He said yesterday, “many people are questioning not just how and when we will [...]
Populist politicians are not markets’ saviours January 19, 2012 WE WILL know we have progressed to a higher level of civilisation when a politician praises a course of action that does not give him more power. On that measure, David Cameron remains as vulgar as the rest of his colleagues. He said yesterday, “many people are questioning not just how and when we will [...]
Goldman is gloomy about the European economy but thinks oil is on the up December 1, 2011 GOLDMAN Sachs reckons a bet against European high-yield corporate debt is the most promising trade for 2012, according to a research note out yesterday. The banking giant said if Europe sinks into recession, as it expects, then high-yield firms will come under “considerable pressure”. Goldman is also gloomy about German bunds, telling traders to bet [...]
London face 2017 event bid D-day November 10, 2011 DOHA chiefs hope to beat London to the 2017 World Championships today after offering governing body the IAAF a £5m cash incentive. The chairman of the Qatari bid has attempted to curry favour ahead of today’s decision by pledging to cover the IAAF’s bill for prize money. Sheikh Saoud said: “The idea is that the [...]
Dixons losses increase November 24, 2011 Dixons posted a wider first-half loss as cash-strapped shoppers cut back on purchases of discretionary goods, but said it was taking market share from rivals faring even worse. The group, home to the Currys and PC World chains in Britain, said it made a loss before tax and one-off items of £25.3m in the 24 [...]
Dixons losses increase November 24, 2011 Dixons posted a wider first-half loss as cash-strapped shoppers cut back on purchases of discretionary goods, but said it was taking market share from rivals faring even worse. The group, home to the Currys and PC World chains in Britain, said it made a loss before tax and one-off items of £25.3m in the 24 [...]
Hedge funds betting on further woe for retailers November 6, 2011 HEDGE funds are betting on further falls in the share prices of some of Britain’s best-known retailers, according to new data from Data Explorers. Hedge funds and other investors borrowed large amounts of retailers’ shares in October, allowing them to sell the stock when the price declines and pocket the difference. From electricals seller Dixons [...]
Spice up your diet to ward off nasty winter viruses October 10, 2011 WITH the weather swinging as wildly as Dita von Teese’s tassles, the chances are the mild weather of the last few days will be replaced by dead-of-winter temperatures any minute now. Such sudden changes are a nightmare for the immune system – and there’s not much worse than a Mexican wave of sniffling and spluttering [...]
The get fit quick scheme January 9, 2012 People rarely have a clean break with their good intentions. They disappear gradually, a death by 1000 cuts. “I’m too tired to make lunch for work tomorrow.” “It’s too cold to walk to the gym.” “I don’t have time for a run today.” Self-styled “body genius” and personal trainer to the stars (well, Katie Price [...]
QUAFFER’S CORNER October 3, 2011 HEAD SOMMELIER AND MANAGER OF LUTYENS RESTAURANT ICOOKED a curry on the weekend, which made me think about choosing wine to accompany spicy food. It’s easy to fall back on the old standby of beer, and I often do (Franziskaner Weissbier from Bavaria, usually) but there are some easy guidelines that will help make your [...]