FOOD & BOOZE NEWS November 11, 2009 MAJOR FOODIE SAVINGS WITH VIEW CARDInvest in a View card from the folks behind viewlondon.co.uk and reap some serious savings (up to 50 per cent) off meals at 500 of the city’s restaurants and bars, from Alan Ducasse to Rhodes W1. Yearly membership £29.95, www.viewlondon.co.uk/view-card. HIX TO OPEN AT SELFRIDGESRestaurateur du jour Mark Hix has [...]
Black swans, blondes and other shaggy dog stories November 11, 2009 WHAT THE DOG SAWBY MALCOLM GLADWELLPenguin, £12.99 WHETHER Malcolm Gladwell – the author of Blink, the Tipping Point and Outliers – is really the “the world’s most influential thinker”, as the blurb on the back attests, is open for debate. What is certain, however, is that he is formidably fashionable, and on the strength of [...]
Accountants can save the world, report November 11, 2009 THERE has been no shortage of talk about the forthcoming Copenhagen climate change conference in December, at which presidents and prime ministers will discuss ways to save the world by reducing carbon emissions. Already, many suspect that little will be decided at the meeting. The reality is that if the world is saved, it will [...]
CHOOSING SURVIVAL OVER LITIGATION November 11, 2009 MARCUS MCCAFFREYPARTNER, FORENSIC SERVICES, BAKER TILLY WHERE previous recessions have seen problems of funding, this time round global financial liquidity has shrunk to unprecedented levels. There are still few re-financing options and what is available is only on offer to those entities with strong balance sheets or guarantees. One result of this is that international [...]
Investors ignore bubble concerns and flock to high-yielding bonds November 11, 2009 INVESTORS’ memories are notoriously short, so when Standard & Poor’s (S&P) recently warned that they were getting even shorter, it was something of a wake-up call. Despite one of the biggest financial meltdowns and dislocations of credit in history, European investors are once again being seduced by the high yields on offer with junk bonds. [...]
THE TIPSTER November 11, 2009 DYED in the wool chartists may still be hanging onto the longer term downtrend in the S&P 500 and claiming that the 65 per cent recovery since March is just a bear market rally – or even a dead cat bounce. But reasons to be bearish on the US stock market are rapidly vanishing as [...]
UK COVERED WARRANTS SURE TO GROW November 11, 2009 ALEXANDRE HOUPERTHEAD OF LISTED PRODUCTS UK, SG CORPORATE & INVESTMENT BANKING WHILE covered warrants might seem like a relatively new means of trading the markets to UK investors, this month marks their 20th birthday in continental Europe, where they are now a well developed market widely recognised by the private investor. And Société Générale not [...]
ING insurance tempts buyers November 11, 2009 JAN Hommen, the chief executive of Dutch bancassurer ING, said yesterday that the group’s insurance division has received strong interest from potential buyers, after it was last month forced to carve up its empire to pay the price for its taxpayer bailout at the height of the crisis. Hommen said he would have to use [...]
Johnston sees signs of ad revenue declines easing November 11, 2009 Regional newspaper publisher Johnston Press said yesterday that the slide in advertising revenue hadslowed, and that it was on track to meet profit expectations for the year. The Edinburgh-based firm said that advertising revenue in the first 18 weeks of the second half had fallen 22 per cent, an improvement on the 33 per cent [...]
Another boss to step down from TNK-BP November 11, 2009 BILLIONAIRE Mikhail Fridman yesterday said that he is likely to step down as acting chief executive of BP’s Russian joint venture TNK-BP, which will appoint a new permanent chief. The void at the helm of TNK-BP is the result of a row over strategy and control that erupted last year between BP and the four [...]
