HELICOPTER TRADE FEAT HITS A HIGH June 26, 2011 IT’S OFFICIAL: a new record has been set for the world’s highest currency trade, after Greg Secker took to the skies last Friday to make money out of thin air trading from a helicopter hovering 1,500 feet above the City. The flying trader hopped between the Isle of Dogs radio masts – moved on from [...]
Salamander farm out in Vietnam May 31, 2011 Independent oil and gas company Salamander Energy yesterday announced an agreement with Japanese oil and gas exploration JX Nippon to farm out a 20 per cent interest in Block 101-100/04 that contains the Cat Ba oil prospect offshore Vietnam. Chief executive James Menzies said the transaction reduced Salamander’s financial exposure to the drilling while staying [...]
DIVE IN: swim chic May 26, 2011 PACK your bags ladies! Summer is nearly here yet again promises to be a heady mix of sun, sand sea and cocktails. Swimwear chic has been made even easier this time round. Labels have cooked up a host of swimwear ensembles, designed to suit every budget, shape and size and make you sizzle by the [...]
Hammers: Black Cats tapped up Ba May 25, 2011 SUNDERLAND last night hit back at West Ham in the war of words over an alleged illegal approach for striker Demba Ba. The Black Cats responded after the Hammers lodged an official complaint with the Premier League about their transfer conduct. A spokesman said: “Sunderland AFC is fully aware of the Premier League regulations pertaining [...]
Eat, drink, enjoy May 12, 2011 ALL that Polo watching can be thirsty work, but thankfully there’s a wealth of treats and champers on offer. City A.M. checked out the best to come. HARRODS HAVEN Fans of Harrod’s fine food section will find a home away from home this year. The iconic store is opening its first ever pop-up food court. [...]
APOLLO’S $509M SCREEN GRAB May 10, 2011 THE OWNER of the So You Think You Can Dance TV format, which is hosted in the UK by Cat Deeley (top left) alongside judges Nigel Lythgoe and Arlene Phillips, is to be bought by US private equity firm Apollo Global Management. Entertainment rights group CKx, which also owns the rights to the American Idol [...]
INTERIORS May 5, 2011 Tim Hassell DIRECTOR OF CENTRAL LONDON LETTINGS FIRM DRAKER LETTINGS, SPECIALISING IN BELGRAVIA, CHELSEA, KENSINGTON AND PIMLICO Q. I have received an offer on my property from a tenant who has a dog. Should I allow tenants to have pets? A. Generally pets such as dogs or cats can cause a lot of wear and [...]
What bouncing dead cats can teach traders about markets May 2, 2011 WHEN it comes to free-falling stocks, as the adage goes, if you can keep your head while all around you are losing theirs, you have probably failed to properly grasp the situation. However, when the market starts to dive, you should keep an eye out for stock prices to do what has long been known [...]
THE WEEK AHEAD in association with GFT April 17, 2011 COMPANY NEWS ● On Tuesday, RBS will hold its AGM. The Treasury, on behalf of British taxpayers, still owns the majority of its shares. ● Tesco will report on Tuesday. Every little helps. Fellow FTSE 100 companies Reed Elsevier and Hargreaves Lansdown will be posting first quarter and third quarter results respectively. It’s a busy [...]
Look east for high ISA returns with a fund invested in Asia March 23, 2011 Despite interest rates that are no match for inflation, savers still fail to make full use of their ISA allowance. However, if they are saving for the long-term, and are prepared to deal with volatility in the short-term, they might be better off using their ISA allowance to invest in an Asian exposed fund instead. [...]