After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Sophie Turner is (Sansa) stark choice for Karen Millen’s new campaign August 25, 2014 Having released a teaser video last week, in which viewers follow a mystery red-head as she strides around east London, clothing brand Karen Millen has revealed the face of its autumn/winter campaign to be Game of Thrones’ Sansa Stark (or actress Sophie Turner to be precise). “The London-focused KM campaign is a culmination of a [...]
Ice bucket challenge hits the City as finance chiefs get a soaking August 25, 2014 It’s official; the ice bucket challenge has hit the City. HSBC’s chief economist Stephen King, PwC’s Andrew Sentance and economist Danny Blanchflower have all had a soaking. But we particularly liked this snap of Withers’ co-head of wealth planning, Filippo Noseda feeling the cold, in his pants. Who’s next? Come on, Carney.
Bomb scare diverts Sony chief’s flight as PlayStation and Xbox hit by cyber attack August 25, 2014 An American Airlines flight carrying a Sony executive was diverted after a bomb scare yesterday, in the wake of a cyber attack that took the Japanese electronics giant’s online gaming service down over the weekend. The attack, which started on Sunday, took down Sony’s PlayStation network by overwhelming it with traffic, but the company said [...]
Facebook’s WhatsApp hits 600m active users after just five years August 25, 2014 Facebook’s mobile messaging app WhatsApp has soared to 600m monthly active users, its chief executive announced yesterday, just four months after it passed 500m. Last August WhatsApp had just 200m users while the number doubled to 430m in January 2014. In February Facebook announced it had bought WhatsApp for $19bn in the social network’s largest [...]
eSports is Amazon’s big bet on the future – Bottom Line August 25, 2014 While eSports may look and sound like child’s play, it is in fact big business. Last year the industry attracted 71.5m online viewers worldwide, with Twitch being the destination of choice for over 75 per cent of viewers, and total prize money across eSport competitions reached $25m. While those viewer numbers are a drop in [...]
Bank of China serves up $9bn order for new Boeing aircrafts August 25, 2014 Bank of China’s plane leasing subsidiary yesterday ordered $8.8bn (£5.3bn) worth of new Boeing 737 aircrafts, the largest order in its two-decade history. Bank of China (Boc) Aviation, which is based in Singapore, has ordered 82 of the 737 series aircraft for delivery over a five-year period from 2016 onward. Boc will take 50 of [...]
Shares in Hong Kong highest since May 2008 August 25, 2014 HONG Kong’s top share index, the Hang Seng, closed at its highest level since May 2008 yesterday morning, buoyed by strong data from Chinese oil producers. The index, which has topped six-year highs several times this month, finished in its strongest position since 21 May 2008 after advancing 0.2 per cent to reach 25,166.91 points. [...]
City Moves for 26 August 2014 | Who’s switching jobs August 25, 2014 Colliers International The commercial real estate services firm has appointed Kate Morgan as director of rating in its national rating team. She joins from Bruntwood, where she was head of business development. Hermes Fund Managers Hermes has announced the appointment of Zoe Shaw as head of fixed income. She has 30 years’ experience in investment [...]
Best of the Brokers for 26 August 2014 August 25, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com RIGHTMOVE Westhouse Securities has reduced its rating to “Neutral” from “Add”, with the target price at 2,585p. The broker is encouraged by positive trading momentum and management’s confident outlook for the remainder of the year, but downgraded its rating on recent share price [...]
London Report: Consumers upbeat as momentum of recovery continues August 25, 2014 THE GFK consumer confidence survey, CBI Distributive Trades Survey and Nationwide house price data are the key economic reports in a quiet end-of-summer week before next week’s slew of rates, statistics and money supply data. Analysts expect consumer confidence to remain high, showing the continuing economic recovery. Today’s results come from Antofagasta, Bunzl, Kentz, Petrofac, [...]