Moore can steal the Show June 17, 2010 I’M hoping that Ryan Moore can get a tune out of Music Show in today’s Coronation Stakes as former England footballer turned trainer Mick Channon says it’s his best chance of the week. She had no chance from her draw in the English 1,000 Guineas and then, in my humble opinion, was a trifle unlucky [...]
Wall St enjoys late rally despite weak jobs data June 17, 2010 US stocks rose in a late rally yesterday, overcoming weak economic data that added to worries about a fragile recovery. A spurt of buying momentum in a choppy session drove gains as US equities built on a break in the benchmark S&P 500 index above its 200-day moving average earlier this week. The Dow Jones [...]
Svanberg says sorry, blaming clumsy words June 17, 2010 BP’S CHAIRMAN Carl-Henric Svanberg officially apologised yesterday for comments he made after Wednesday’s meeting at the White House. Svanberg, after answering a question from the press, said that the embattled oil major “cared about the small people” of the Gulf of Mexico whose lives have been impacted by the oil spill. “I hear comments sometimes [...]
Cameron and Huhne step in to offer BP their support June 17, 2010 THE UK government has finally come out in support of BP with Prime Minister David Cameron calling for “sensible dialogue” on the BP oil spill as the energy giant’s boss faced a grilling in US Congress over the environmental disaster. Cameron described BP as an important company which employs tens of thousands of people both [...]
The able and shrewd operator June 17, 2010 FOR most entrepreneurs, the passion they feel for their first venture never gets extinguished. Take Robin Bowie: he established Dexion Capital, an investment management firm, back in 2000 and remains as committed today as he did back then. “I still spend the same amount of time at the office as I did in the beginning, but [...]
SMALL PEOPLE June 17, 2010 As the dust settles on the storm caused by BP’s media-shy chairman Carl-Henric Svanberg and his comments about the “small people” of the Gulf of Mexico, those wanting to cut Svanberg some slack having been attempting to figure out exactly what he meant. No doubt that Svanberg’s choice of words, whether intentional or not, has [...]
Budget fears focus on CGT and NI burden June 17, 2010 ENTREPRENEURS will be holding their breath as the new Chancellor delivers his first budget next week. Changes to capital gains tax (CGT), Vat and National Insurance are top concerns. On a positive note, some commentators believe that entrepreneurs have nothing to worry about. Alex Henderson, tax partner at PricewaterhouseCoopers, says that he is anticipating: “An [...]
the INSIDER June 17, 2010 Henry Cecil had a winner on Wednesday, but his Bullet Train ran terribly in the Derby. He may come back today and run a blinder but I can’t put my money on him until he proves it was a one off. Green Moon has proved that he is a good horse in the making with [...]
ANGELS June 17, 2010 Q.My small business needs financing – how do I find an angel investor and what kind of businesses do they fund? A. With so much uncertainty lingering in the markets, it is a difficult time to find investment. But since last summer, activity has picked up among angel investors – wealthy individuals who invest in [...]
Chairman’s Thai hol during leak revealed June 17, 2010 TEMPERS FLARED yesterday as it was revealed that BP chairman Carl-Henric Svanberg was holidaying in Thailand for a lengthy period after the 20 April explosion of the Deepwater Horizon rig. It is understood that Svanberg was yachting in South East Asia at the time, while his colleagues were scrambling to understand how to plug up [...]
