Trainee problem threatens pyramid June 30, 2009 THIS year is turning out to be one of the worst to be a trainee lawyer. This September Clifford Chance will axe 21 of its 70 trainees on qualifying, giving the firm a retention rate of 70 per cent. Last year the firm kept on 95 per cent. American firm Jones Day will keep on [...]
How a 30-minute workout can help you beat the jet lag blues July 6, 2009 HUMANS were not built to cross multiple time zones in metal tubes flying at 600 mph. Then again, we weren’t built for a lot of the things we do and enjoy – were foie gras and chocolate fondant on God’s mind when He created our digestive systems? I doubt it. Jet lag is particularly disruptive, [...]
Housing data gives US markets a boost June 2, 2009 US stocks rose for the fourth straight day yesterday as an upbeat report on sales of previously owned US homes bolstered hopes for an economic recovery. But a sell-off in financials on worries about the dilutive impact of recent stock offerings limited a broad advance. An index of pending sales of previously owned US homes [...]
US hit by fears that worst is not over June 3, 2009 US stocks tumbled yesterday, halting a four-day winning streak, as falling oil prices hit energy shares, while less upbeat economic reports rekindled worries about recovery prospects. Oil prices slipped more than 3 per cent after a surprise build-up in inventories. Shares of energy companies, including Chevron off 1.6 per cent, were top drags, along with [...]
US hit by fears that worst is not over June 3, 2009 US stocks tumbled yesterday, halting a four-day winning streak, as falling oil prices hit energy shares, while less upbeat economic reports rekindled worries about recovery prospects. Oil prices slipped more than 3 per cent after a surprise build-up in inventories. Shares of energy companies, including Chevron off 1.6 per cent, were top drags, along with [...]
JJ The Jet Plane for Ascot take off June 18, 2009 International raiders have grabbed all the headlines at Royal Ascot this week and Saturday’s big prize, the Golden Jubilee (3.45pm), could well be heading overseas as well. The Americans, Australians, French and Irish have all tasted success over the last few days and tomorrow it could well be the turn of the South Africans. JJ [...]
Shane’s in no hurry to make pro choice May 18, 2009 SHANE LOWRY will be feeling on top of the world right now. His victory in his home Irish Open was the stuff that dreams are made of, and he was well worth his place in golfing folklore. After missing a four-foot putt on the 18th to win in regulation, Shane must have thought the dream was [...]
The recession is not going to put an end to the online free-for-all August 18, 2009 IF you have spent most of your working life championing the web, it must be hard when it turns against you. But type the name “Chris Anderson” and “plagiarism” into Google, and it provides 50,000 results, most of them from the blogsphere. It seems the editor of Silicon Valley bible Wired and author of cult [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 7, 2009 THE SUNDAYSThe Sunday Telegraph WIGLEY TO ADVISE ADVENTThe former chairman of Merrill Lynch’s European operations and a respected City figure, is joining the private equity firm Advent International to identify investment opportunities across the financial services industry. Wigley will become a part-time operating partner at Advent, which is sitting on a large cash-pile after raising [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 7, 2009 THE SUNDAYSThe Sunday Telegraph WIGLEY TO ADVISE ADVENTThe former chairman of Merrill Lynch’s European operations and a respected City figure, is joining the private equity firm Advent International to identify investment opportunities across the financial services industry. Wigley will become a part-time operating partner at Advent, which is sitting on a large cash-pile after raising [...]