Romney can mobilise the Tea Party without Sarah Palin’s divisive favours August 8, 2012 FOUR years after she was plucked from Juneau, Alaska, in an ill-fated attempt to save John McCain’s presidential campaign, Sarah Palin continues to confound. Books, Tea Party rallies and appearances on Fox News have provided her with a powerful soapbox. In this year’s Republican Senate primaries, just one of the five candidates she has endorsed [...]
For the love of the Games: London’s Olympics heroes August 8, 2012 THE country’s heroic athletes may have grabbed all the headlines, but they are far from the only Britons to have risen to the challenge of making the London 2012 Olympics such an overwhelming, mood-boosting success. There is another group of people, which has brought every bit as much sunshine into the lives of Londoners, and [...]
As Manchester United nears its share listing, is the club likely to prosper by going public? August 8, 2012 YES Tom Cannon Manchester United’s listing raises issues at the heart of football finance. This listing values United almost 50 per cent greater than the £1.5bn it is quoted at elsewhere. But there are three ways it can be justified. First, the club has potential, especially if it can monetise its Asian fan base. Secondly, [...]
RAPID RESPONSES August 8, 2012 Anti-British bias [Re: Standard Chartered is the victim of US warfare against British banking, yesterday] John Mann is correct. US regulatory pressure is unfair, excessive, and unbalanced, and solely seeks to protect US self-interests. The UK government should protect British interests unequivocably. We shouldn’t fear the loss of the strategic partnership, especially if it is [...]
APPY Holidays August 8, 2012 ■ FOREVER MAP Part of the pleasantly growing number of offline apps, this rather awesome map by Skobbler brings you a super-advanced offline map for Europe, with fully interactive city and country maps covering the continent. Features include address search, location finder, route calculation and info on places of interest. £1.49 ■ ASK A NOMAD [...]
Apple smashes its retro telly August 8, 2012 So, that nice little icon with a retro telly you can see on the home screen of your iPhone? Yeah, that’s not going to be there for long. Apple has stepped up its feud with Google by removing its native support for YouTube in the next version of its mobile operating system. How much is [...]
AstraZeneca, BTG scrap sepsis drug as trial fails August 8, 2012 An experimental drug for severe sepsis from AstraZeneca and BTG failed to help patients in a crucial mid-stage clinical trial and its development will now be halted, BTG said on today. Sepsis occurs when the body’s immune system sets off a chain reaction and over-reacts to an infection, damaging vital organs. The news is a [...]
German imports and exports fall in June August 8, 2012 German imports fell sharply for the second time in three months in June and exports also dropped, data showed today, adding to signs the single currency bloc’s crisis is beginning to hurt Europe’s largest economy. Imports slumped by a seasonally adjusted 3 per cent on the month, data from the Federal Statistics Office showed, reversing [...]
Bank of England slashes medium-term growth outlook August 8, 2012 The Bank of England has sharply cut its forecast for medium-term growth in Britain’s economy due to worries that factors hurting growth since the financial crisis may be more long-lasting than first thought. In its quarterly Inflation Report, the Bank said that growth in two years time was likely to be around 2 per cent [...]
ING quarterly result misses August 8, 2012 Dutch bank and insurer ING today reported lower-than-expected second-quarter results, partly hit by provisions for loan losses. It also said it was on track to sell its Asian insurance business and was preparing to list its European insurance unit. “As the Eurozone crisis deteriorated, we accelerated our efforts to de-risk the investment portfolio at the [...]