SUMMER SALES FOOTBALL UPDATE July 6, 2009 Ronaldo draws record crowdA WORLD record crowd packed Real Madrid’s Santiago Bernabeu stadium for the unveiling of winger Cristiano Ronaldo last night. The Portugal star, who joined in an £80m deal from Manchester United earlier this month, was greeted by 80,000 fans – more than attended Diego Maradona’s arrival at Napoli. Ronaldo said: “I have [...]
De Beers to boost production June 4, 2009 De Beers managing director Gareth Penny, said yesterday diamond inventories have now fallen to levels justifying a ramp-up of production, with signs that the key Christmas sales season will be better than last year. The world’s largest diamond miner said stocks are 20 to 30 per cent down from their mid-2008 peaks. The company had [...]
PR PRO FULD CORNERED AT COUNTRY RETREAT September 8, 2009 SOMEONE has finally cornered former Lehman Brothers chief Dick Fuld, the “gorilla” of Wall Street, at his idyllic country pad in Idaho, just a week before the anniversary of the firm’s collapse. “You don’t have a gun; that’s good,” was Fuld’s opening shot to the Reuters reporter, before adding: “I’ve been pummelled, I’ve been dumped [...]
PR PRO FULD CORNERED AT COUNTRY RETREAT September 8, 2009 SOMEONE has finally cornered former Lehman Brothers chief Dick Fuld, the “gorilla” of Wall Street, at his idyllic country pad in Idaho, just a week before the anniversary of the firm’s collapse. “You don’t have a gun; that’s good,” was Fuld’s opening shot to the Reuters reporter, before adding: “I’ve been pummelled, I’ve been dumped [...]
COLOURFUL WORLD OF CHRISTINA DOMECQ August 11, 2009 EVERYONE wants a piece of colourful entrepreneur Christina Domecq. Since her SpinVox voicemail-to-text conversion company appeared in 2003, Domecq has run the full gauntlet of whimsical public opinion – first championed by venture capitalists, then hounded by critics, and now slated by past and current employees. Don’t get me wrong, Domecq still has plenty of [...]
Battle of Canary Wharf and City is unimportant July 12, 2009 THIS newspaper can justifiably claim to have “scooped” the news of Nomura’s plan to base its European HQ in the Square Mile – confirmed last week but trailed, I believe, in City A.M sometime before Christmas. Many commentators have characterised the news that Nomura will take up residence in Lower Thames Street as a “victory” for [...]
Battle of Canary Wharf and City is unimportant July 12, 2009 THIS newspaper can justifiably claim to have “scooped” the news of Nomura’s plan to base its European HQ in the Square Mile – confirmed last week but trailed, I believe, in City A.M sometime before Christmas. Many commentators have characterised the news that Nomura will take up residence in Lower Thames Street as a “victory” for [...]
Rio under fire for BHP tie-up post Chinalco June 7, 2009 A BACKLASH began over the proposed tie-up between mining giants BHP Billiton and Rio Tinto this weekend, as steel producers worldwide expressed their dismay, saying the marriage would allow the two companies to set the world price for iron ore. Members for the industry have called on the European Commission (EC) to intervene in the [...]
Traders seek to lock in prices as they fight volatile market July 14, 2009 RECORD volatility and unpredictability in the foreign exchange markets during the financial crisis may have seen volumes soar and day traders profit handsomely, but if you are a longer-term positional trader dipping into the forex markets or looking to hedge your trading, whether it be in the currency markets or another asset class, then volatility [...]
Traders seek to lock in prices as they fight volatile market July 14, 2009 RECORD volatility and unpredictability in the foreign exchange markets during the financial crisis may have seen volumes soar and day traders profit handsomely, but if you are a longer-term positional trader dipping into the forex markets or looking to hedge your trading, whether it be in the currency markets or another asset class, then volatility [...]