Recruiter says jobs boom will continue to the end of the year September 10, 2012 THE UK’S jobs boom, which has continually surprised analysts and defied the double-dip recession, will endure through to the fourth quarter of the year, recruiter ManPower said today. The outlook for employment in the UK stands at +3 per cent, its strongest level since 2008, the group said, implying employers will continue to hire new [...]
Gaucho cup winners September 10, 2012 Stoke Park Country Club, where James Bond once beat Auric Goldfinger at golf, hosted the inaugural Gaucho Cup yesterday, an above par do organised by yourgolftravel.com. Winners Bermar International (right, with operations director Martin Williams, centre) scored five nights in Argentina.
Air Nigeria shuts down September 10, 2012 ■ International carrier Air Nigeria said yesterday it is closing down due to “staff disloyalty and environmental challenges”, the latest setback for the country’s aviation industry after a rival’s plane crash in June killed 163 people. Privately-owned Air Nigeria was part of Richard Branson’s Virgin fleet until he pulled out in 2010.
BG Group CFO on leave of absence September 10, 2012 ■ BG Group’s chief financial officer Fabio Barbosa is on a leave of absence to undergo medical treatment in Brazil for a recently diagnosed condition. Group financial controller Den Jones will replace him with immediate effect, for what is expected to be the rest of the year. Jones has been with BG Group since 2010, [...]
Libor sparks benchmark rethink September 10, 2012 ■ The Libor-rigging scandal should prompt a wave of new rules for financial benchmark governance, the Global Financial Markets Association said yesterday. The group calls for all systemically important benchmarks to be subject to proper regulatory oversight, with countries working together to set rules. The GFMA set out its recommendations in a letter to regulators [...]
City Moves | Who’s switching Jobs September 10, 2012 Norton Rose Liam O’Connell has been appointed a partner within the law firm’s litigation and dispute resolution practice. He joins from CMS Cameron McKenna, where he was a partner and head of its commercial regulatory and disputes group. O’Connell specialises in insurance policy coverage analysis, and also has business experience in contingency markets and cyber [...]
Best of the Brokers September 10, 2012 PREMIER OIL Liberum Capital rates the FTSE 250 firm as “sell” from a previous “hold” rating, saying “performance has to improve if this is to add significant value” and saying the firm’s explorations will not reap rewards for several years. Liberum’s Andrew Whitlock adds that performance will suffer in the medium term due to a [...]
FTSE dwindles as defensive stocks drop ahead of Fed and euro news September 10, 2012 BRITISH blue chip shares dipped yesterday as weakness in defensive stocks outweighed strength in risk-sensitive cyclicals, such as miners, and investors positioned for more newsflow out of Europe and the United States. The FTSE 100 closed down 1.60 points, or 0.03 per cent, at 5,793.20, with the index yo-yoing in a tight range around the [...]
Markets dip on Wall Street as tech stock falls September 10, 2012 WALL Street stocks fell yesterday as investors locked in gains on a recent rally ahead of possible policy action from the Federal Reserve later this week, while weakness in Intel shares weighed on the Nasdaq. The benchmark S&P 500 index closed at highs last week not seen in nearly five years, motivating some investors to [...]
The success of Scandinavia owes nothing to high taxes or welfare September 10, 2012 SCANDINAVIAN nations are often regarded as role models. Egalitarian Richard Wilkinson once said that, if you want to live the American dream, you should live in Denmark. Sweden often gets envious glances from social democrats in the Anglophone world. Scandinavian societies are characterised by high living standards, high life expectancy, low crime rates, high social [...]
