State-of-the-art studio has style and substance September 26, 2012 Media company BSkyB approached K+N to work with it on the design and implementation of its new studio space for Sky Sports News. The privately owned furniture company was founded in 1925 and has grown to become the largest manufacturer of office furniture in Europe. The sports channel, along with a number of other Sky [...]
Delivering a project of this scale requires a meticulous approach September 26, 2012 BSKYB set out to build the most ecologically sustainable broadcasting complex in Europe – it did not want to merely build a monument to the Sky brand. Instead, BSkyB was after a building that would allow it to change and grow. Sky Sports News was to be the first, and largest, studio to go on [...]
Strong US data helps lift the FTSE as miners and banks take a dive September 25, 2012 BRITAIN’S top share index rose yesterday, with energy stocks in the lead, improving on small gains earlier in the day after US data allayed some concerns over a stalling of the global economic recovery. At the close, the FTSE 100 index was up 20.87 points or 0.4 per cent at 5,859.71 points, near the session [...]
Earnings woes push Wall St into the red September 25, 2012 THE S&P 500 suffered its worst day since June yesterday, pulled lower by Caterpillar after it cut its profit outlook, the latest high-profile company to warn about profit growth. Technology shares came under pressure after a second day of weakness for Apple, the world’s most valuable public company. Shares fell 2.5 per cent to $673.54 [...]
US politicians are facing the fiscal cliff September 25, 2012 FOR months, the markets have had their eyes fixed on the Federal Reserve; the contents of the Federal Open Market Committee’s (FOMC) monthly minutes and the possibility of another round of quantitative easing (QE3). But now the US has another problem to deal with – the so-called “fiscal cliff” at the end of 2012, when [...]
Silver surfers prepare to leave gold bugs behind as they ride the wave September 25, 2012 FOLLOWING recent policy announcements from the Federal Reserve, European Central Bank (ECB) and the Bank of Japan, making an investment case for metals may not be original. But, with rallies off lows in June, some may prefer silver over gold. It can be argued that silver has more scope to regain its record high, as [...]
US stocks drop as Caterpillar slows the Dow September 24, 2012 US stocks edged lower yesterday as a disappointing forecast from Caterpillar and weak German data increased concerns that global growth may remain sluggish. Just before the close, Caterpillar cut its earnings forecast for 2015. Its shares fell 0.9 per cent to $90.87 and were the top drag on the Dow. An index of German business [...]
FTSE dips on poor European data and weakness in price of copper September 24, 2012 BRITAIN’S top share index fell yesterday, led by miners, as dull European data kept the focus on a gloomy economic outlook, tempering the boost given to markets by recent central bank stimulus moves in Europe and the United States. Germany’s Ifo index of business sentiment fell for a fifth month running, bucking expectations for a [...]
Hesitant Spain is afraid to pull bailout trigger September 24, 2012 HOW quickly sentiment can change. Last week, traders were triumphantly jubilant after central banks poured liquidity into markets. If price reflects all known information, you would have thought that the world’s financial ills were cured. This week, the focus is back on growth, or to be more specific the lack of it. Although Spain’s Ibex [...]
Bank intervention makes risk management critical September 24, 2012 FX360 CENTRAL banks have never been averse to interventionist strategies. But the approach has certainly fallen from favour – and in spectacular fashion – on a couple of occasions in recent memory. Just over twenty years ago, the UK was desperate to stay within the European Exchange Rate Mechanism (ERM), a system that required each [...]