After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Turn that frown upside…. it could make you money May 11, 2011 THE POWER OF NICE BY LINDA KAPLAN THALER AND ROBIN KOVAL Random House, £7.99 WHILE it is laughable to read a Donald Trump quote on the front cover of a book called The Power of Nice, one should not write it off straightaway. This charming book is just badly marketed – ironic considering that was [...]
Forget investing in an Isa, try lending to a total stranger May 11, 2011 HAVE low interest rates finally driven us mad? Thousands of people are lending money to complete strangers over the internet through social lending sites. The concept is quite frankly cool. Lenders and borrowers deal directly with each other, borrowers get lower rates and lenders get higher returns. It’s becoming a big business. Zopa – the [...]
Don’t worry, the party in commodities isn’t over yet May 11, 2011 COMMODITIES took a big knock in the recent correction, but the fundamentals still point towards continued rises over the medium term. Assuming you aren’t planning to fill your home with sheep, soybeans and platinum, with certain provisos, commodity funds can offer you a route in. THE PARTY ISN’T OVER Investors who joined the commodity party [...]
Victorian railway murder inspires gripping first novel May 11, 2011 MR. BRIGGS’ HAT BY KATE COLQUHOUN Little Brown, £16.99 by Lucie Greene Mr Briggs’ Hat, the debut novel by award-winning historian Kate Colquhoun, is a current hot pick of the literary press. And it’s easy to see why. This is a rip-roaring tale of murder and intrigue set in 1864. The story – based on [...]
Jazz, cigars and pop stars come to Docklands May 11, 2011 WITH finishing touches being made to Battery Club in Canary Wharf, the owners are not resting on their laurels. They’re in the midst of launching Alphabet City, a hip new members only dining room, bar and lounge at the O2. With all manner of pop star after-parties in the mix, locking down a founder membership [...]
The glamorous way to drink May 11, 2011 IF you want the finest cocktails served by the most talented bar staff in the most spectacular setting – and let’s face it, who doesn’t – London’s swish hotels are right now the place to find them. Thanks to a slew of upgrades and openings, the ever-burgeoning popularity of sophisticated cocktails and the continuing cultural [...]
HSBC too risky for Hong Kong May 10, 2011 HONG Kong gave a stern warning that it might not welcome HSBC if it tries to move its headquarters from the UK after one of its leading regulators told City A.M. that the city state would be worried about the bank’s size. Speaking in one of his first UK interviews since being appointed to lead [...]
Failed take off for float of heli firm May 10, 2011 KREMLIN-BACKED defence firm Russian Helicopters has pulled its joint Moscow and London initial public offering (IPO) after failing to find sufficient demand for its shares, sources close to the deal told City A.M. last night. Russia’s primary helicopter maker had been looking to finalise a price for its shares by today, in a sale that [...]
AIG considers shrinking IPO May 10, 2011 THE US Treasury is considering whether to scale back plans for an initial public offering (IPO) of AIG due to the insurer’s poor share price performance in recent weeks. AIG’s board met late yesterday evening to consider options, ahead of the firm’s annual shareholder meeting today. The stakes are high for the US Treasury as [...]
New issues strive to win back trust May 10, 2011 What should we make of the London market for new issues, where private companies appeal for funds from equity investors such as BlackRock, Gartmore and the sovereign wealth houses? Currently we have the spectre of Glencore, the commodities trading group, almost effortlessly getting away an $11bn (£6.7bn) fund-raising, while smaller, less well known companies fail [...]
