London Report: FTSE pauses for breath as stocks fall from highs May 15, 2014 THE UK’S top shares dropped yesterday, led down by airlines, as investors bet on a period of consolidation for the FTSE 100 after it reached a 14-year high earlier in the day. Profit-taking continued for shares of British Airways owner IAG, and EasyJet. Both airlines have jumped around 40 per cent in the last 12 [...]
New York Report: Sharpest drop on the Dow for over a month May 15, 2014 US STOCKS fell yesterday, giving the Dow and the S&P 500 their worst declines in more than a month, as small-cap shares extended their retreat and Wal-Mart results disappointed. The Russell 2000 index of small-cap stocks lost 0.7 per cent, well off its session low where it hit correction territory, down more than 10 per [...]
How to get a promotion at work May 15, 2014 It's a question everyone has: what's the best way to get a promotion at work. But as few firms spell out the criteria for advancement, it’s important to have a game plan. Such are Najat Vallaud-Belkacem’s – the French minister for women’s rights – concerns about the female battle for top jobs, that last [...]
Letters to the Editor – 16/05 – Monetary dark age, Best of Twitter May 15, 2014 Monetary dark age [Re: The real world looks much less rosy than the Bank of England’s forecasts, yesterday] This is a dark age for macroeconomics. The likes of Mark Carney are concerned with communication but have forgotten that the maximum impact of an interest rate increase occurs within 12-18 months. If this is appreciated, then the [...]
Godzilla thunders back onto screens May 15, 2014 FILM GODZILLA Cert 12a | By Alex Dymoke Three Stars SKYSCRAPERS haven’t come in for this much abuse since Prince Charles started sounding off about contemporary architecture. Brit director Gareth Edwards’ take on the classic Japanese B-movie doesn’t so much reimagine the original as inject it with growth hormones. It’s a monster of a monster [...]
Cannes 2014: old boys dominate the selection again May 15, 2014 From Cronenberg to Godard, familiar names leave room for only five Palme newcomers TWO DAYS ago, the Cannes Film Festival opened with a right royal stinker. Nicole Kidman’s Grace Kelly biopic Grace of Monaco was met with a galaxy of one star reviews, the consensus being that it surpassed even last year’s Naomi Watts’ Diana [...]
Muddy Waters’ son keeps the blues alive in the City May 15, 2014 Mud Morganfield is back in town for the launch of Blues Kitchen Shoreditch – Alex Dymoke caught up with him FINALLY the square mile finally has a place to exorcise those blues. Last night Mud Morganfield was on hand to mark the opening of the Blues Kitchen Shoreditch, a new restaurant and music venue metres from [...]
£35m: United count cost of failing to bag European spot May 15, 2014 MANCHESTER United expect their miserable season to cost them around £35m but say they still intend to spend as they look to re-establish themselves as England’s top club. Chief executive Ed Woodward confirmed yesterday that the team’s failure to qualify for European competition would dent next year’s earnings by a figure “in the mid-30 millions [...]
Cipriani told to capitalise on second chance May 15, 2014 ENGLAND head coach Stuart Lancaster has challenged Danny Cipriani to repay his show of faith after recalling the fly-half to the international fold for the first time in six years yesterday. Cipriani, 26, won the last of seven England caps in November 2008 but was named by Lancaster in a 20-man training squad ahead of [...]
More ticket woe as Rugby World Cup early seat sale postponed May 15, 2014 TODAY’S planned sale of Rugby World Cup tickets has been postponed after Ticketmaster said it needed extra time to prepare its website, just days after their Commonwealth Games sale process was plunged into chaos. The first 500,000 seats for next autumn’s showpiece were due to be available to members of the Rugby Community Ticketing Programme [...]