Britons rule in pool again as Guy upstages stars in 200m freestyle August 4, 2015 TEENAGER James Guy continued Great Britain’s golden week at the Aquatics World Championships in Russia by beating a host of star names to win the men’s 200m freestyle yesterday. The 19-year-old from Somerset’s success followed team-mate Adam Peaty’s triumph in the men’s 100m breaststroke on Monday – Britain’s first in that event for 40 years. [...]
Car review: New McLaren 675LT is fast, furious and everything you could hope for in a supercar August 4, 2015 Those 500 people who took a gamble on signing up for McLaren’s new £259,500 supercar before test-driving it can breathe a sigh of relief: the 675LT is sensational. Sensational to look at, sensational to drive and sensationally fast. But first, a quick lesson on the McLaren stable: there’s the core 650S range, offered as [...]
Oil plunges to below $50 due to glut worries August 4, 2015 GLOBAL oil prices dropped yesterday after a build up of fears that the over-supply already flooding the market is about to grow bigger. Benchmark brent crude dropped below $50 per barrel at one point. Trading was bearish in the first session since Iranian oil minister Bijan Namdar Zanganeh said on Sunday that the country is [...]
Golf Comment: Bangkok’s answer to John Daly Aphibarnrat is breath of fresh air August 4, 2015 IT’S NOT difficult to see why Kiradech Aphibarnrat is frequently compared to John Daly. Most obviously, Thailand’s newest golfing sensation has the same full frame as the maverick two-time Major winner. But the similarities don’t end there. Aphibarnrat, who won his second European Tour title of the season on Sunday at the Paul Lawrie Match [...]
Three tips for negotiating a win-win deal August 4, 2015 Start off with the low-hanging fruit and know your red lines In business, negotiation is not always a zero-sum game. By treating proceedings as adversarial and hostile, you risk walking away without knowing what you could have won. But with patience, strong research and a clear idea of your next best alternative, you can reach [...]
Is China fragile? It could well surprise us – CNBC Comment August 4, 2015 WITH earnings season in full swing, China remains the buzzword – but for all the wrong reasons. As analysts who have questioned the strength of the world’s second-largest economy start to look a lot less like Cassandras, the question remains: when will the Asian powerhouse stabilise? Short answer: it’s tough to tell at this stage. [...]
Black gold: As prices stay low, is $50 oil here to stay? August 4, 2015 Is $50 oil here to stay? Oil has dominated the headlines as persistently low prices continue. The halving of the oil price from over $110 a barrel last summer was widely expected to be a short-term blip. But one year on, prices remain depressed. Last week, Brent crude touched a five-year low of [...]
Best of the Brokers for 04 August 2015 August 4, 2015 To appear in Best of the Brokers, email your research to notes@cityam.com BG GROUP Canaccord Genuity reiterated its “hold” rating on the oil company after it produced better-than-expected results for the second quarter. The broker also noted that the firm’s strong performance sees production guidance for the full year set at the upper end of [...]
Commodity and oil heavy FTSE dragged down – London Report August 4, 2015 DATA showing an uptick in UK manufacturing growth in July did little to boost share prices yesterday, as mining stocks were impacted by weaker-than-expected manufacturing figures out of China. Global oil prices also fell yesterday, with benchmark brent crude dropping to below $50 per barrel, which pulled oil companies’ share prices downward. The FTSE 100, [...]
AlixPartners names former Zolfo Cooper boss Simon Freakley as its new chief exec August 4, 2015 Turnaround specialist AlixPartners yesterday named Simon Freakley as its new chief executive. The company, which is owned by private equity firm CVC Capital Partners, said Freakley would take on the co-CEO role alongside current boss Fred Crawford immediately. He will become sole chief executive from 1 January 2016 onwards. Crawford will take a new role [...]
