London Report: FTSE stages late rally on hopes of US resolution October 16, 2013 EXPECTATIONS of an imminent deal in Washington to avert a US debt default sparked a late turnaround on Britain’s top share index yesterday. London’s blue chip index rallied off a session low of 6,504.27 to close up 22.48 points, or 0.3 per cent at 6,571.59 after a senior Senate Democrat aide said negotiations on legislation [...]
New York Report: Wall St soars as Washington nears debt deal October 16, 2013 US stocks closed more than one per cent higher yesterday after Senate leaders said they had a deal to reopen the federal government and raise the debt ceiling, which would avoid the threat of a debt default. US Senate majority leader Harry Reid and Senate republican leader Mitch McConnell said senators had come to an [...]
How MBA courses are responding to entrepreneurship’s growing appeal October 16, 2013 Whether business school can teach you the skills for startup success is still up for debate CAN you teach entrepreneurship? With a 2013 survey of applicants by QS TopMBA finding that a third of candidates see themselves running their own business in a decade’s time, that’s the question budding entrepreneurs are hoping business schools [...]
How online and part-time MBAs compare with full-time study October 16, 2013 Emerging course options have benefits, but networks matter Full-time MBAs, long the gold standard of business education, face increasing competition from more flexible part-time and online options. Data from the General Management Admissions Council (GMAC) shows that the number of students taking online MBAs grew by 20 per cent between July 2011 and June 2012. [...]
Bose launches SoundTouch range October 16, 2013 @steve_dinneen The Boston-based manufacturer has reimagined its wireless speaker systems with these app-controlled devices AUDIO firm Bose has launched what it is calling “an entirely new way to listen to music”. The SoundTouch range is a set of wireless speakers that sync wirelessly with your music library, audio streaming services such as Pandora and almost [...]
Dyson’s new vacuum cleaner is half dust-buster, half sports car October 16, 2013 REVIEW DYSON DC59 ANIMAL £349.99; dyson.co.uk Five Stars It’s hard to write about Dyson without comparing it to Apple. Both companies take something functional and make it beautiful. In a way, Dyson’s achievement is even more impressive – Apple is associated with music and video; all Dyson has to work with is your own filth. [...]
Any other business – 17/10 October 16, 2013 Newspapers, cigarettes, maybe a bit of booze – and a new bank account, please. That’s right, French tobacconists are taking on traditional lenders by offering a new line of current accounts. The 27,000 tabacs hope they can win customers by offering cheap, stripped down accounts alongside the convenience of banking in your corner shop. It [...]
Regulator confirms ongoing investigation into foreign exchange trades October 16, 2013 The financial conduct authority (FCA) has confirmed recent speculation that it is conducting an investigation into foreign exchange markets. We can confirm that we are conducting investigations alongside a number of other agencies both in the UK and abroad into a number of firms relating to trading on the foreign exchange (forex) market. As part [...]
EADS Test & Services sale expected within weeks October 16, 2013 The European Aeronautic Defence and Space Company is within weeks of agreeing the sale of its Cassidian Test & Services Unit. Chief strategy and marketing officer, Marwan Lahoud, told a committee of the French Parliament: We have identified several investors and expect to take a decision in a few weeks. The subsidiary was put up [...]
US housebuilders see lowest confidence since June October 16, 2013 US homebuilders having a rough one this month. The NAHB housing market index dropped from 57 (revised from 58) to 55 in October. That's the lowest level since June. Analysts had been expecting an improvement to 58.