BILL OF THE WEEK May 8, 2011 IT HAS been a record week for Ilia on Draycott Avenue, helped by employees at a West London wealth management firm, who enjoyed an opulent mid-week lunch for five. The financiers started with a Magnum of Deutz champagne before ordering Tuscan wines Tignanello, Sassicaia and Ornellaia to complement their Italian dishes, followed by two bottles [...]
Commodity dive is a correction not a complete collapse May 8, 2011 DESPITE last week’s precipitous fall in commodities, not all fell equally and not all will stay low. Excepting the case of silver, this wasn’t the sound of bubbles popping. As such, investors and traders should not exit the whole asset class. Sentiment has certainly shifted, but the fundamentals behind the price and prospect of each [...]
THE WEEK AHEAD in association with GFT May 8, 2011 COMPANY NEWS ● Today, energy company Centrica delivers a trading statement and holds its AGM. ● Also today, HSBC delivers its first quarter trading update. The update includes more financial details than previous quarterly updates. Pre-tax profits are expected to rise. ● Serco also holds its AGM today. The FTSE 100 company was founded in [...]
Upward trend in crude hasn’t been terminated: Oil’ll be back May 8, 2011 AFTER a long sustained period of rising oil prices, many traders had their fingers burnt in last week’s commodity crash. Though with 20-20 hindsight it is easy to say that there was inevitably going to be a bump in the road for the black gold, many are smarting from the hit. This year has seen [...]
THE TIPSTER May 8, 2011 SILVER saw its biggest drop since 1980 on Thursday and has declined a massive 30 per cent since hitting its all time high at the end of April. The unwritten rule is that a fall of 20 per cent marks the start of a new bear market, but considering that the bulk of the selling [...]
Don’t cry for me, Argentina: I’ve found Malbec paradise May 8, 2011 THE new Argentina is deeply seductive – its famous beef and increasingly famous wine are celebrated in restaurants from New York to Beirut. Its natural beauty, from the Andes to the plains of Patagonia; its sparkling heat, beautiful people and stunning horses lure travellers the world over. And Buenos Aires, the gorgeous, cosmopolitan crown on [...]
THINK ROOMS… with LateRooms.com May 8, 2011 INTERCONTINENTAL MENDOZA 5* Blvd. Perez Cuesta Esq Acceso Este | Guaymallen | Mendoza | 5521 Striking, shiny and ultra-modern, InterContinental Mendoza is a sophisticated hotel in the heart of Argentina’s wine country. It boasts stylish design throughout, a super-smart swimming pool and spa and is next to the city’s largest shopping mall and casino. The [...]
The winner of the Investec Derby will join racing greats May 8, 2011 THE INVESTEC Derby is one of the highlights of the social and sporting calendar. Watched live by 125,000 people, it is not for nothing that the Investec Derby is known as the world’s greatest flat race. The Derby, of which City A.M. is the official paper, is open to three-year old thoroughbred colts and fillies, [...]
GAME OVER May 8, 2011 Manchester United effectively end Chelsea’s hopes of denying them record-breaking 19th league title MANCHESTER UNITED manager Sir Alex Ferguson hailed his history-makers after victory over Chelsea in yesterday’s Premier League decider all but clinched a record 19th top-flight title. First-half goals from striker Javier Hernandez and captain Nemanja Vidic ensured Frank Lampard’s effort for the [...]
Ancelotti: I’m not ready to leave Chelsea or England May 8, 2011 ITALIAN’S FUTURE IN THE SPOTLIGHT AS TITLE BID IS KILLED OFF AT OLD TRAFFORD CRESTFALLEN Chelsea manager Carlo Ancelotti admits he is at the mercy of owner Roman Abramovich after his attempts at retaining the Premier League title were doomed to failure by yesterday’s decisive defeat at champions-elect Manchester United. The Italian, who achieved the [...]
