Russian opposition use Davos to tell Putin to reform or lose power January 29, 2012 KREMLIN clan in-fighting spilled into the open last week when government officials sympathetic with Russia’s fragmented opposition warned the country’s ultimate leader Vladimir Putin he may soon lose power if he doesn’t undertake sweeping reforms. Putin, Russia’s president from 2000 to 2008 and now prime minister, is expected to return to the presidency after March [...]
DAVOS DIARY January 29, 2012 ANIMATED discussion of world events is meant to be a Davos hallmark. Just so long as you watch what you are doing with that full wine glass… Davos Diary was loitering with some intent at an evening soiree last week as one well-known business TV personality debated the Eurozone crisis with one bigwig of Lazard [...]
Olympic Media Buzz LONDON 2012 PARTNERS January 29, 2012 IN ASSOCIATION with Repskan.com, the media monitoring and analytics platform, City A.M. is measuring the relative Olympic media buzz around the partners for the London 2012 Olympic and Paralympic Games, week by week. The quarterly leaderboard, right, shows their position based on aggregate ranking from Wednesday 28 October 2011 to Wednesday 25 January 2012. As [...]
CITY MOVES | WHO’S SWITCHING JOBS January 29, 2012 The Co-Operative Group The Co-operative Group has appointed Steve Murrells as chief executive of its food business replacing Tim Hurrell, who retired last year. Murrells, who will report to group CEO Peter Marks when he starts in July, will join Britain’s fifth largest food retailer from Danish meat company Tulip, where he is UK chief [...]
WALL STREET WEEK AHEAD January 29, 2012 JANUARY has turned out strong for equities with just two trading days to go. If you’re afraid to miss the ride, there’s still time to jump in. You just might want to wear a neck brace. The new year lured buyers into growth-related sectors, the ones that were more beaten down last year. The economy [...]
This former general says the real essence of strategy has been forgotten by business January 29, 2012 THE British government can’t do strategy. Who says so? The British government, that’s who. Or more precisely, that’s what the House of Commons Public Accounts Select Committee concluded after an inquiry last year. To the historian, this looks like a loss of national vocation. In the great wars of the twentieth century, the British often [...]
The Eurozone’s car crash can be less of a wreck January 29, 2012 FOLLOWING the Eurozone crisis is like watching a car crash in slow motion. European policymakers are facing down the oncoming debt crisis with entirely inappropriate protection, given the character and the magnitude of the problem rushing towards them. The bailout of Greece, the creation of temporary and permanent bailout funds, the talk of tougher fiscal [...]
We need to rebalance the anti-City rhetoric January 29, 2012 FIGURES published by the Office for National Statistics this week showed that over the last quarter manufacturing output shrank by 0.9 per cent, returning the total back to the level we saw in the same quarter two years ago. This is despite a substantial devaluation of sterling against the currencies of our major trading partners. [...]
RAPID RESPONSES January 29, 2012 Skin in the game Naturally any reference to stripping is bound to have a distracting effect, but readers seem to have missed the point of Jamie Whyte’s comparison in his column [Strippers can show us bankers’ just rewards, last Wednesday]. On Friday Tim Shoebridge complained that strippers are not sufficiently focused on the long-term profits [...]
The world’s biggest sporting event is a winning setting for hospitality January 29, 2012 Tony Barnard, Prestige Ticketing marketing director, explains how the Olympics can help retain your top clients Q. WHAT WAS YOUR BRAND’S PRIMARY REASON FOR BEING INVOLVED WITH THE GAMES? A. To have the Olympics in London is an amazing, once in a lifetime opportunity for any business, whether incentivising senior executives or enhancing client and [...]
