Concerns over Goldman Sachs weigh on the FTSE 100 as mining shares fall April 19, 2010 UNCERTAINTY over the fallout from fraud charges against Goldman Sachs and the grounding of flights across Europe depressed London blue chips yesterday, led by risk-sensitive banks and miners and travel firms. The FTSE 100 closed down 16.05 points, or 0.3 per cent, at 5,727.91, extending Friday’s 1.4 per cent fall. Banks were rattled as investors [...]
Stocks rise as profit hopes outweigh banking jitters April 19, 2010 US STOCKS rose yesterday as investors reassessed the potential damage of the fraud case against Goldman Sachs and earnings optimism grew. Shares of Goldman Sachs, which is expected to report substantial earnings today, reversed course to rise 1.6 per cent to $163.32. Investors said the furore over Goldman started to die down during trading, allowing [...]
Smell delicious this summer with a sensual new perfume April 19, 2010 PERFUME houses have leapt upon the new season like never before, releasing dozens of spring/summer scents for 2010. To help guide your choices next time you’re in Duty Free (assuming the ash cloud clears), we spoke to the poetic-voiced James Craven, perfume consultant and archivist of London’s top perfumery, Les Senteurs. “This spring/summer is all [...]
The key to the marathon is chunking April 19, 2010 JEREMY ADAMS SPORTS PSYCHOLOGIST WITH just a few days before the London Marathon, the mental states of the people who are running it will be varied. Some will be excited, some scared, some are confused and not sure what to expect, and others just feel underprepared. The bad news is that it is going to [...]
UK skies are crystal clear for light planes April 19, 2010 WHILE the cloud of Icelandic ash has kept most of Europe’s airliners firmly on the ground, anyone with an interest in flying smaller aircraft will have noticed the volcanic activity has not interrupted all sections of aviation. Many light aircraft even took advantage of the empty skies over the weekend to fly through controlled airspace [...]
Blanc goes bland in the Square Mile April 19, 2010 Brasserie Blanc 60 Threadneedle Street, EC2R 8HP Tel: 020 7710 9441 Cost per person without wine: £26 IT has the name Raymond Blanc attached, but don’t be thinking Brasserie Blanc has anything to do with the French celebrity chef’s haute cuisine flagship, Le Manoir aux Quat’ Saisons in Oxfordshire. Brasserie Blanc is a chain of [...]
THREE OTHER FRENCH RESTAURANTS IN THE CITY April 19, 2010 RELAIS DE VENISE L’ENTRECOTE This beloved Parisian chain of steak houses doesn’t do much but what it does it does well. Well enough to have Parisians queuing outside (in Paris) for a seat. Here, we can’t get enough of the salad, steak in special green sauce, chips (several plates-full)?and simple but delicious desserts of profiteroles [...]
FOOD & BOOZE NEWS April 19, 2010 ENOCLUB NIGHTS at POLPO Polpo, the Venetian bacaro that took?Soho by storm when it opened last year, is launching a series of events dedicated to educating the wining, dining public about northern Italian wine. Each evening will focus on a different Northern Italian region highlighting the variety of quality wines each area has to offer. [...]
Citigroup profits jump to £2.9bn April 19, 2010 CITIGROUP posted a $4.43bn (£2.9bn) first-quarter profit as losses from bad loans declined. The third-largest US bank posted net income to shareholders of 15 cents a share, compared with a shareholder loss of 18 cents a share, or $966m, a year earlier. Citigroup has been one of the biggest losers in the banking crisis but [...]
Toyota agrees to pay record fine April 19, 2010 TOYOTA has agreed to pay a record $16.4m (£10.7m) fine over US government allegations the company knowingly delayed a massive accelerator pedal recall in January. The fine is the largest-ever penalty paid by a car maker to the US government. A recall of 2.3m vehicles with sticking accelerator pedals, prompted the penalty. The government says [...]