After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Kheraj back at Barclays April 18, 2011 HIGH-flying banker Naguib Kheraj is to return to his alma mater Barclays as a part time senior adviser, the bank said yesterday. Kheraj, who spent ten years at Barclays from 1997, including three years as its group finance directorfrom 2004, has returned to advise it on “a range of commercial and policy matters”, the bank [...]
Walmart moves to social media April 18, 2011 Wal-Mart said yesterday it had agreed to buy social media company Kosmix for an undisclosed sum, as the world’s largest retailer aims to win over more tech-savvy US shoppers. Wal-Mart said Kosmix’s founders and team will operate as part of a newly formed group called @WalmartLabs that will create technologies and businesses around shopping online [...]
NHS patients taking up choices April 18, 2011 Many patients are actively exercising their right to choose where to receive NHS-funded treatment, according to new research by the Royal Economic Society. The study, which analysed data on the choices made by more than 50,000 NHS patients, found out that four out of ten hip replacement patients choose not to receive treatment at their [...]
Trading arm is the key to miner’s value April 18, 2011 NEGOTIATIONS over Glencore’s valuation are set to focus on the mining giant’s trading arm as commodity investors worry about the possible departure of key traders and the intangible nature of the people side of the business. “When you have hard assets you know the price for a metal and on that basis you are able [...]
Looking for an independent voice on Glencore April 18, 2011 AMONG all the many big beasts advising on the forthcoming flotation of commodities trader Glencore, one firm stands out in its unusualness and lack of big beastliness, and that is Liberum Capital. Liberum is an employee-owned investment bank whose Latin name means independent, whereas the rest of the advisers – including Credit Suisse, Morgan Stanley, [...]
Texas Instruments disappoints as Japan weighs on production April 18, 2011 TEXAS Instruments yesterday warned of slower-than-typical quarterly sales growth as it scrambles to restart production after Japan’s massive earthquake, and said it was unclear when the supply of the silicon and wafers it needs will return to normal. Shares of the chip maker, which plans to buy National Semiconductor Corp for $6.5bn (£4bn) in a [...]
Cut business tax to 18pc, says CBI April 18, 2011 CORPORATION tax should be cut to 18 per cent in order to give a much-needed boost to the UK’s global competitiveness, the Confederation of British Industry (CBI) will demand today. Britain’s attractiveness plummeted between 2000 and 2010, the CBI said. The clock is ticking on the government to halt the decline and prevent businesses from [...]
Inflation on course to rise April 18, 2011 Global inflation is set to rise to 3.8 per cent in 2011 from 3.4 per cent last year and could hamper growth perspectives for the world economy, research by Lloyds Bank Corporate Markets claimed yesterday. The World Economic Quarterly report forecast a moderate expansion for G10 economies to grow 2.3 per cent this year, and [...]
Mixed views on bank holidays April 18, 2011 Almost one third (30 per cent) of the UK’s small and medium sized enterprises expect the two consecutive bank holiday weekends in April to bring more benefits than disruption to their businesses, a survey of 501 business owners and financial decision makers by the market research agency BDRC Continental showed yesterday. However, 45 per cent [...]
Small firms downbeat on jobs April 18, 2011 Employment at small firms took a knock in the first three months of the year, the Federation of Small Businesses (FSB) said yesterday. A negative balance of -6.5 per cent of companies reported a decreased headcount in the first-quarter, the FSB’s latest index showed. The figure was worse than expected, after a negative balance of [...]
