Intel results offer hope to tech sector October 13, 2009 INTEL, the chipmaker and tech sector bellwether, yesterday gave an upbeat outlook as it announced third quarter results that shattered expectations, boosting its shares six percent and fueling hopes of a tech sector recovery in the run up to Christmas Analysts said Intel’s rosy forecasts for revenue and margins, both of which exceeded expectations, and [...]
FIGHT FOR CITY OPENS UP WITH A GOOD CUPPA November 17, 2009 IF THERE’S one City high-flier who finds it hard to say no to a new opportunity, it must be Stuart Popham, the jovial senior partner of legal giant Clifford Chance. Popham – in addition to his role at the head of the world’s largest law firm, his chairmanship of the CBI’s London council, and his [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 1, 2009 FINANCIAL TIMES HIT HAMSTER RANGE LIFTS CHARACTER GROUPToymaker and distributor The Character Group has predicted Christmas shortages of its most popular lines of children’s gifts, including Go Go Pets, based on a range of battery-powered interactive hamsters. John Lewis, the department store chain, has already imposed a limit of one order per customer for the [...]
LABOUR CONFERENCE NEWS September 28, 2009 Prime Minister Gordon Brown promised new legislation to curb bankers’ bonuses was forthcoming. Chancellor Alistair Darling accused Tories of “playground politics” and said their policies would have turned a recession into a depression. Business secretary Lord Mandelson said Labour were “underdogs” but could win the general election. Just one in three Labour MPs believe they [...]
LABOUR CONFERENCE NEWS September 28, 2009 Prime Minister Gordon Brown promised new legislation to curb bankers’ bonuses was forthcoming. Chancellor Alistair Darling accused Tories of “playground politics” and said their policies would have turned a recession into a depression. Business secretary Lord Mandelson said Labour were “underdogs” but could win the general election. Just one in three Labour MPs believe they [...]
FOOD & BOOZE NEWS October 19, 2009 ALLENS BUTCHER GOES ONLINETime-poor, meat-loving Londoners will rejoice to know that they can now order their meat online from the famous Mount Street butchers. Alongside a stellar selection of beef, lamb, pork, veal, poultry, game and sauces, you can order seasonal favourites such as the Scottish beef-filled Steak Box and Christmas turkey. A new feature, [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 30, 2009 FINANCIAL TIMES CARLYLE SUED OVER COLLAPSED FUNDA prominent Kuwaiti conglomerate is suing the Carlyle Group in a local court, alleging that the US private equity firm misrepresented the safety of its affiliate, Carlyle Capital Corp (CCC), a public debt fund that collapsed in 2008. The firm, National?Industries Group, invested $50m in CCC, which was marketed [...]
What’s in the box? Not very much December 3, 2009 FilmTHE BOXCert: 12A WHAT would you do if a stranger with half a face offered you a box, and explained that if you pressed the button inside it you could win $1m but a stranger would die? Probably send him packing and check what you’d been drinking, but if you were Cameron Diaz and James [...]
LLOYDS PUSHES ON WITH PLAN TO RAISE 21BN October 29, 2009 LLOYDS Banking Group will retain a 25 per cent share of domestic current account customers under restructuring plans agreed with the European authorities to avoid the government’s asset protection scheme (APS). The European Commission and the Treasury last night gave the bank the go-ahead to market a £20.5bn capital raising programme, consisting of a £13bn [...]
BRANSON PLANS SPACE-AGE PARTY AS BUTTON BRINGS HOME THE GOLD October 19, 2009 RICHARD Branson may have revealed that he’s unlikely to stump up the cash to sponsor Formula One team Brawn GP again next year after its spectacular season, but it doesn’t mean the canny entrepreneur is stepping back his involvement now that the team has won the championship. The Virgin tycoon was unable to make it [...]