THE TIPSTER July 7, 2010 GOLD has sold off sharply although rather than the usual risk appetite explanation, fingers are pointing towards central banks offloading the asset to the Bank of International Settlements. However, with the risk a double-dip still looming, there’s no shortage of reasons why the foray below $1,200/ per oz will be short lived. The current IG [...]
Another month, another e-reader September 15, 2010 MARC SIDWELL YES I HAVE seen the future of books, and it isn’t lumps of dead tree. Whether the iPod of books turns out to be Amazon’s Kindle, Barnes and Noble’s Nook or Sony’s Reader – or even Apple’s iPad – these readers will catch on. The e-ink screens favoured by everyone but Apple still [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 4, 2010 FINANCIAL TIMES DIPLOMATS TO BECOME SALESMEN The job description for Britain’s ambassadors is to be rewritten to include tough targets for trade promotion and a requirement for the country’s top diplomats to tour the UK’s regions to showcase commercial opportunities abroad. As well as gliding through the corridors of foreign ministries and cultivating contacts with [...]
AT&T enjoys halo-effect from iPhone as it posts better than expected profits July 22, 2010 AT&T yesterday posted better-than-expected profits and said it was more optimistic on growth prospects for the year. The exclusive US provider for Apple’s iPhone forecast strong earnings per share growth for the full year 2010 after previously promising “stable-to-improved” results. AT&T’s profit rose to $4bn (£2.6bn), from $3.2bn in the same quarter a year earlier. [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 29, 2010 FINANCIAL TIMES LI KA-SHING PAYS £5.8BN FOR UK UTILITY EDF of France is set to sell its UK electricity networks business to Cheung Kong Infrastructure of Hong Kong for £5.8bn, 45 per cent more than the price originally suggested for the deal, according to a person close to the negotiations. The state-controlled French electricity group [...]
Toshiba launches new mini PC June 21, 2010 Toshiba has launched a dual-screened mini notebook PC that can be used as an e-book reader, adding to competition for the likes of Apple’s iPad and Amazon.com’s Kindle. The new gadget, which can be used like a conventional notebook PC with a software keyboard, or turned 90 degrees for use as an e-book reader, will [...]
Toshiba launches new mini PC June 21, 2010 Toshiba has launched a dual-screened mini notebook PC that can be used as an e-book reader, adding to competition for the likes of Apple’s iPad and Amazon.com’s Kindle. The new gadget, which can be used like a conventional notebook PC with a software keyboard, or turned 90 degrees for use as an e-book reader, will [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 26, 2010 FINANCIAL TIMES fears over china’s bad loans China’s banks are facing serious default risks on more than one-fifth of the Rmb7,700bn ($1,135bn) they have lent to local governments across the country, according to senior Chinese officials. In a preliminary self-assessment carried out at the request of the country’s regulator, China’s commercial banks have identified about [...]
Quest: Shares in Ocado are overvalued by 46 per cent July 8, 2010 Analysis firm Quest has delivered another slap in the face to Ocado, as the grocery delivery firm attempts to justify its £1.1bn IPO valuation to investors. The Collins Stewart subsidiary says it values shares in Ocado at just 128p – a staggering 46 per cent under the mid-point put forward in its prospectus. It says [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 20, 2010 FINANCIAL TIMES JPMORGAN PUSHES ON WITH TALKS OVER BRAZILIAN HEDGE FUND JPMorgan Chase is pushing ahead with talks to buy a large Brazilian hedge fund and private equity group, in spite of impending US legislation designed to limit the involvement of commercial banks in such activities. People close to the situation said the US financial [...]