New York Report: S&P and Dow both surge to record high November 13, 2013 THE Dow and the S&P 500 ended at record highs yesterday, driven by gains in consumer discretionary shares after results from Macy’s eased some worries about the holiday season. US stock index futures edged up after the bell following the release of Federal Reserve Vice Chair Janet Yellen’s introductory remarks, ahead of her confirmation hearing [...]
How to seek employer support for your Executive MBA November 13, 2013 But don’t ignore the range of alternative options available if the corporate sponsorship avenue is blocked SINCE the financial crisis, there has been a notable decline in those taking corporate sponsorship for their Executive MBA (EMBA) courses. Whereas around a third of a typical cohort would once be self-funded, with the remainder receiving employer support, [...]
10 energy efficiency gadgets November 13, 2013 Never mind the price hikes with these nifty gizmos British Gas App Free The British Gas App for iOS and Android makes it easy to keep on top of your energy consumption and payments. It’s never been simpler to submit your meter readings, view your balance, track your energy usage or book an engineer. play.google.com [...]
Bitcoin reaches all-time high of $402 November 13, 2013 Virtual currency Bitcoin has climbed to an all-time high of $402 (£252) on the Mt. Gox exchange. Much of the recent surge has been attributed to Chinese demand where BTC China, the leading Chinese Bitcoin exchange, surpassed Japan-based Mt. Gox. On Tuesday Cameron and Tyler Winklevoss (pictured), who famously sued Mark Zuckerberg over the origins [...]
Pictures: Motorola unveils the new Moto G for a very cheap £135 November 13, 2013 Motorola has unveiled its new Moto G and, at £135, it's less than a third of the price of an iPhone 5. Moto G is Motorola's first UK smartphone since it was acquired by Google, and following the American Moto X. The new device, said Motorola at its launch this afternoon, "is a smartphone with [...]
Barclays’ Hector Sants resigns after taking sick leave November 13, 2013 Sir Hector Sants, head of compliance at Barclays bank and former chief of the Financial Services Authority, has resigned, after taking leave in October due to stress and exhaustion. Chief of operations and technology officer, Shaygen Kheradpir will also be leaving for a CEO position at a US company. In a statement released on Wednesday, [...]
Royal Mail and CWU extend talks over pay and conditions November 13, 2013 Recently privatised Royal Mail and the Communications Workers Union (CWU) have agreed to extend talks over workers pay and conditions by a week. In a joint statement released on Wednesday the two groups said: Royal Mail and the Communication Workers Union have made significant progress in current talks on legal protections, industrial stability and pay. [...]
General Motors moves Asian headquarters to Singapore November 13, 2013 General Motors (GM) has announced it it will be moving its international headquarters from Shanghai to Singapore in 2014. The move comes in the wake of of the company's decision to separate its Chinese operations from its international business. Singapore proved an attractive prospect, owing to its proximity to markets outside China. The city-state boasts [...]
Bank of England plays down faster fall in unemployment says Capital Economics November 13, 2013 The latest Inflation Report from the Bank of england has provided "some sort of superficial support" for the notion that interest rates could rise sooner than has been expected, But research consultancy Capital Economics says that the disinflationary effects of spare capacity in the economy will "keep rates on hold for longer than markets anticipate." [...]
Slip in number of US mortgage applications November 13, 2013 The number of mortgage applications in the US fell last week by 2.8 per cent, according to the Mortgage Bankers Association (MBA). The MBA's seasonally adjusted index of mortgage application activity, which includes both refinancing and home purchase demand, fell 1.8 per cent in the week ending 13 November. Capital Economics has stressed that [...]