Poor jobs data drags on stocks May 2, 2012 THE S&P 500 and the Dow edged lower yesterday as data showed that private sector hiring unexpectedly fell to a seven-month low in April, sparking concerns that Friday’s key jobs report will also disappoint investors The Dow Jones industrial average dropped 10.75 points, or 0.08 per cent, to 13,268.57. The Standard & Poor’s 500 Index [...]
Oil and banks weigh on FTSE May 2, 2012 BRITAIN’S blue-chip index dipped yesterday, surrendering much of the previous session’s gains as weaker banking and oil stocks outweighed stronger performances from Next and BSkyB, supported by better sales figures. The FTSE 100 closed 54.12 points lower at 5,758.11, or 0.9 per cent lower. Bearish investor sentiment from Europe dragged on the banking sector, with [...]
Redundant need not mean obsolete if managed calmly May 2, 2012 REDUNDANT isn’t the kindest of words. Synonymous with unwanted, inessential and obsolete, a redundant employee can be forgiven for feeling negative. Redundancy itself is often just the terminal act of a long played-out drama, the culmination of months of anxiety as the final curtain falls. But such understandable feelings need not reflect impending disaster. A [...]
JOBS of the WEEK May 2, 2012 DIRECTOR LEVEL PRIVATE BANKER DUBAI $200k-$300k pa A leading private bank, with a strong presence in the Middle East and Asia, is looking to add a private banker to its Dubai office. Candidates must have a strong Middle East client base. http://www.cityamcareers.com/job/6897 FRONT OFFICE C++ SOFTWARE DEVELOPER NEW YORK $130k-$185k pa A private institutional quantitative [...]
Fail to manage airport queues and see Britain’s future growth depart May 2, 2012 HEATHROW’S immigration queue crisis is already a national embarrassment, but the true scale of the damage it is doing has yet to be recognised. Inevitably, the coverage so far has focused on the Olympics. With hundreds of thousands of extra tourists flooding into the capital, and the attention of the world’s media and sporting establishments [...]
A war-weary America forces both parties to reconsider their plan of attack May 2, 2012 HAVING evaded Bill Clinton and George W. Bush, it’s unsurprising that Barack Obama is reminding the public that it was his decision that led to the daring raid which killed Osama bin Laden. With elections in November, that’s all very well. But is this a case of kill overkill? The main controversy surrounds a video [...]
Why I’m voting for Boris Johnson as mayor today May 2, 2012 THE City has taken its fair share of stick lately. Criticism from politicians is to be expected, and insofar as they represent public opinion, we have to respect that. But when the hot air dissipates, you’re left with one simple fact – financial services employ hundreds of thousands of people in this city, and not [...]
After accusations he is unfit to run BSkyB, should Rupert Murdoch be forced to sell? May 2, 2012 YES Joe Cox Whether or not Rupert Murdoch is forced to relinquish his dominance over the British media landscape should be more than about whether he is a “fit and proper” person. The important question is whether it is in the public interest for someone to be so dominant in the media market and, by [...]
RAPID responses May 2, 2012 Fresh appeal [Re: Why Boris Johnson is by far the best choice for Londoners, yesterday] It’s good to see support for a candidate on the basis on his character, the worth of his policies, and how those coincide with the nature of London itself. There’s no better example of how directly-elected mayors can rejuvenate politics [...]
Stepping into summer with colour and verve May 2, 2012 Carven linen and patent leather slingbacks, £325, netaporter.com The fashion pack’s favourite new label, these multi-texture, multi-colour slingbacks are the perfect way to bring summer to work. Acne Ambrosia tasselled leather sandals, £330, brownsfashion.com A-listers love this Swedish brand, and these tasselled sandals are the latest must-have. Gorgeous earth tones make them versatile and elegant. [...]
