London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
New York Report: Nasdaq breaks 4,000 for first time in 13 years November 25, 2013 THE DOW industrials eked out a slim gain yesterday to end at another record high, after the Nasdaq topped 4,000 for the first time in 13 years and then slipped to close below that level. Wal-Mart Stores shares rose 0.8 per cent to close at $80.43, off an all-time intraday high of $80.57 after the [...]
The Iranian deal is truly historic – but not because it resolves nuclear crisis November 25, 2013 THE HISTORIC interim agreement between the Islamic Republic of Iran and (primarily) the West over the former’s nuclear ambitions is the real deal – an actual current event that lives up to the “historic” tagline far too easily given out by breathless commentators. However, on its immediate merits, the best that can be said of [...]
The new Age of Intervention risks hurting the very people it seeks to help November 25, 2013 THE DRILL is well-established. Well-meaning campaigners highlight a perceived injustice, and declare that “something must be done”. The company, industry, or the market is blamed and labelled fundamentally exploitative. Campaigners demand action, through a new regulation, tax, charge or ban to make sure it “never happens again”. The government buckles, even if there is scant [...]
The real story on small business lending isn’t restricted to RBS alone November 25, 2013 RBS IS again under fire – this time over a series of reports into its behaviour towards small business lending. But while accusations by entrepreneur Lawrence Tomlinson took all the headlines yesterday (notably his allegation that RBS put viable firms into default to make a profit), a second report by former Bank of England deputy [...]
Letters to the Editor – 26/11 – Lobbying airports, State banking, Best of Twitter November 25, 2013 Lobbying airports [Re: Why low cost carriers and hub buster planes make Gatwick the UK’s future, yesterday] The main problem with Stewart Wingate’s argument is his approach to state planning: “Out to the 2040s, there is only enough demand for one new runway.” But in the case of London’s airports, there is no good reason why Gatwick [...]
The winners and losers from Iran nuclear deal November 25, 2013 While oil prices may decline and safe havens could lose favour, not everything hinges on diplomacy The Iranian nuclear agreement, struck in the early hours of Sunday morning, has been hailed as historic – laying the foundations for a more comprehensive deal in the next year. And markets have bought in to this optimism. Brent [...]
Why understanding risk management is key to trading success November 25, 2013 FOREX trading – like any trading – is not without risk, so education and a sound risk management strategy are key to achieving any level of success. Learning to manage your positions, and to understand leverage and margins, is critical. When you open a trade (or position), it is active in your account and subject [...]
CNBC Comment: Watch out for the IPO boom froth November 25, 2013 CHEER has returned to London’s initial public offering (IPO) market. By the end of October, over $24bn (£14.8bn) had been raised in European IPOs in 2013, more than double the corresponding amount at the same point in 2012. And almost half of 2013’s total was raised on the London Stock Exchange. But investors may want [...]
DailyFX: Analyst picks November 25, 2013 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Stay long sterling-yen Expertise: Fundamental and technical analysis Average time frame of trades: A few hours to a few weeks I took half profit on my sterling-yen long position at ¥161.45 (closed from ¥158.30 and ¥160.00), leaving my net long entry at ¥160.80 (from ¥160.16 and ¥161.45). With holiday [...]
Our fitness challenge is hotting up as the end nears November 25, 2013 As the City Fit Challenge nears its nail-biting conclusion, we check up on our intrepid participants City A.M.’s City Fit Challenge – in partnership with Danio, Danone’s high protein yogurt of substance – is nearing its conclusion and our participants are giving it their all to see who can come out on top in the [...]
