Spirent looks to growth in Asia as it trades above expectations May 2, 2012 TELECOM testing company Spirent Communications posted a 17 per cent rise in quarterly pre-tax profit yesterday as demand for testing wireless, data centre, high speed Ethernet and global positioning systems continued to be strong in Asia and the US. Spirent, which counts Cisco Systems, Alcatel Lucent and Verizon Communications as its customers, said trading in [...]
Young Boris’ guide to electioneering May 2, 2012 BORIS Johnson has avoided making any major gaffes during this mayoral election but The Capitalist has unearthed his 1988 guide on how to win election to the Oxford Union student debating society – and it makes for illuminating reading. In the document Johnson explains that an aspiring candidate must have “a disciplined and deluded collection [...]
Made in Chelsea: producer launches charity film May 2, 2012 TONIGHT a heady mix of film talent, celebrities and investors will fill The Scotch, the hippest new hangout in Mayfair, for the second sponsorship launch party of The One Square Mile film project and charity. Rather than wait for a production company to sign on, producer and writer Leon Butler has decided to go it [...]
HOT AIR PROPELS CITY’S LUNCHTIME PURSUITS May 2, 2012 CITY workers fly high above Exchange Square in the specially designed “Broadgate Balloon”, which will be resident in the Moorgate hotspot for anyone seeking a lunchtime thrill – or birds-eye view into their colleagues’ offices. Fifty people every day can win a ride in the balloon, which will be on site until 11 May.
WHO’S SWITCHING JOBS May 2, 2012 Deloitte Kit Dickson has been appointed partner in Deloitte’s information reporting and withholding taxes group, part of its financial services practice. He joins from KPMG’s investment management practice, where he worked with institutional investor clients. He also previously led KPMG’s EU law group. Reyl Overseas The new subsidiary of Reyl & Cie, the Swiss bank, [...]
BEST of the BROKERS May 2, 2012 BP Deutsche Bank has maintained its “buy” rating on the oil major but lowered its target price from 550p to 525p, saying that this week’s lower than expected quarterly results have proved that turning around performance at a company of this size takes considerable time. ACCOR Credit Suisse has named the hotel group as a [...]
Poor jobs data drags on stocks May 2, 2012 THE S&P 500 and the Dow edged lower yesterday as data showed that private sector hiring unexpectedly fell to a seven-month low in April, sparking concerns that Friday’s key jobs report will also disappoint investors The Dow Jones industrial average dropped 10.75 points, or 0.08 per cent, to 13,268.57. The Standard & Poor’s 500 Index [...]
Oil and banks weigh on FTSE May 2, 2012 BRITAIN’S blue-chip index dipped yesterday, surrendering much of the previous session’s gains as weaker banking and oil stocks outweighed stronger performances from Next and BSkyB, supported by better sales figures. The FTSE 100 closed 54.12 points lower at 5,758.11, or 0.9 per cent lower. Bearish investor sentiment from Europe dragged on the banking sector, with [...]
Redundant need not mean obsolete if managed calmly May 2, 2012 REDUNDANT isn’t the kindest of words. Synonymous with unwanted, inessential and obsolete, a redundant employee can be forgiven for feeling negative. Redundancy itself is often just the terminal act of a long played-out drama, the culmination of months of anxiety as the final curtain falls. But such understandable feelings need not reflect impending disaster. A [...]
JOBS of the WEEK May 2, 2012 DIRECTOR LEVEL PRIVATE BANKER DUBAI $200k-$300k pa A leading private bank, with a strong presence in the Middle East and Asia, is looking to add a private banker to its Dubai office. Candidates must have a strong Middle East client base. http://www.cityamcareers.com/job/6897 FRONT OFFICE C++ SOFTWARE DEVELOPER NEW YORK $130k-$185k pa A private institutional quantitative [...]
