London lures businesses despite high tax regime July 19, 2009 WITH the news that major global corporations such as McDonald’s are planning to move their European headquarters from London to Geneva, readers may wonder how worried we should be about losing critical business mass to other European cities. Business tax is indeed one of the battlegrounds of international competitiveness. Even before the 2008 crisis we [...]
Watson gets nod over bad boy Symonds May 20, 2009 AUSTRALIA all-rounder Shane Watson admits he is “really stoked” to be picked ahead of Andrew Symonds for this summer’s Ashes series. The 27-year-old has not bowled a ball since December due to a groin strain and remains a major injury doubt for the start of the five-Test series. But still he has been preferred to [...]
ONE YEAR ON, FORMER LEHMAN STAFF SHARE THEIR EXPERIENCES WITH CITY A.M. September 14, 2009 BISHER ARMANAZII was working as a trader in structured indices derivatives in London when Lehman Brothers went under. I was at home on the Sunday and happened to turn on the TV to see the story that the bank would not be receiving a government bailout. I went straight to a bar with a couple [...]
ONE YEAR ON, FORMER LEHMAN STAFF SHARE THEIR EXPERIENCES WITH CITY A.M. September 14, 2009 BISHER ARMANAZII was working as a trader in structured indices derivatives in London when Lehman Brothers went under. I was at home on the Sunday and happened to turn on the TV to see the story that the bank would not be receiving a government bailout. I went straight to a bar with a couple [...]
STRICTLY SPANGLES FOR LOVELLS LAWYERS May 13, 2009 ACTOR Tom Chambers had better watch out: he’s got competition, from the somewhat unlikely quarters of the lawyer gang at Lovells. I hear almost 300 of the firm’s staff packed the ballroom at the City Grange hotel on Wednesday last week for their own version of the Beeb’s hit show Strictly Come Dancing, raising over [...]
Apple jumps as Dow Jones rallies May 26, 2009 US stocks climbed more than 2 per cent yesterday as data showing the biggest monthly jump in consumer confidence in six years lifted hopes of an economic rebound, and a brokerage upgrade of Apple drove sharp gains on the Nasdaq. Apple’s shares closed nearly 7 per cent higher after Morgan Stanley said the iPhone will [...]
Fast food prospers as consumers loosen belts June 23, 2009 WHILE the recession continues to claim casualties from a variety of sectors, others are finding that an economic downturn has boosted business. One of the sectors whose BrandIndex scores have notably risen is fast food. As usual, we have created a “basket” of brands (Burger King, Domino’s, KFC, McDonald’s, Pizza Hut and Wimpy). For comparison, [...]
Fast food prospers as consumers loosen belts June 23, 2009 WHILE the recession continues to claim casualties from a variety of sectors, others are finding that an economic downturn has boosted business. One of the sectors whose BrandIndex scores have notably risen is fast food. As usual, we have created a “basket” of brands (Burger King, Domino’s, KFC, McDonald’s, Pizza Hut and Wimpy). For comparison, [...]
Positive jobs data boosts Wall Street June 18, 2009 US STOCKS gained yesterday after a recent small pullback as data on the jobs market and regional manufacturing revived hopes that the recession-hit economy is stabilising. Government data showed that while the amount of workers filing new claims for jobless benefits rose last week, the number of people collecting aid after the first week fell [...]
Positive jobs data boosts Wall Street June 18, 2009 US STOCKS gained yesterday after a recent small pullback as data on the jobs market and regional manufacturing revived hopes that the recession-hit economy is stabilising. Government data showed that while the amount of workers filing new claims for jobless benefits rose last week, the number of people collecting aid after the first week fell [...]