Desert sands blowing into the gears of the economy January 31, 2011 THE LAST time Egypt unsettled international markets this badly was in 1973. On 6 October of that year, the Egyptian army mounted a shock assault on the Israeli occupied Sinai Peninsula. After initially losing ground, the Israeli army rapidly recovered, fighting back until a ceasefire was agreed on 25 October. The war, though relatively small, [...]
National Grid expects jump in annual profits January 31, 2011 BRITAIN’S biggest utility National Grid said it expects to report a significant increase in full-year profit, boosted by favourable weather conditions and growth at its US operations. “The strong momentum seen in the first half has continued and has further improved, driven by cold winter weather following the hot weather in the US in the [...]
CHIPS DOWN FOR INTEL January 31, 2011 INTEL, headed up by chief executive Paul Otellini, cut its first quarter revenue forecast by $300m yesterday due to the costs associated with correcting a design flaw it discovered in one of its chips. Intel said it has stopped shipments of the chip and has implemented a fix. It will begin delivering an updated version [...]
FROM CITY HIRING TO RURAL PIG FARMING January 31, 2011 WITH the CBI issuing an invocation to the government to sow the green shoots of new growth in the economy, some City folk are taking the order rather literally. Mike Ogilvie, managing director of City executive search firm Ogilvie Search, will be pulling on a pair of wellies along with his wife to take part [...]
THE TIPSTER January 31, 2011 IN JUST under two years the fashion designer Ted Baker has seen its share price more than double. It has also surpassed its 642p high of 2007 to reach a record 673p in December 2010. Since the firm was floated in 1997, earnings have grown by 10 per cent each year, which is always a promising [...]
It’s time to take insomnia seriously January 31, 2011 LYING in bed and grimly watching the hours tick by as your body and mind refuse to shut off is a horrible sensation, but one most people will have experienced on occasion. However, a new report published by the Mental Health Foundation has revealed just how pervasive a force insomnia can be, suggesting that over [...]
OUT OF OFFICE January 31, 2011 BRIDGET RILEY AT THE NATIONAL GALLERY The exhibition of works by the British painter gives an overview of the recent work of one of the most pioneering living artists. Riley has been a cornerstone of the modern art scene for many decades, and is still going strong. Famous for her highly patterned, optical works Riley [...]
FIT IN THE CITY January 31, 2011 A washboard stomach in five steps… YOU glance down and your tummy resembles a washbag more than a washboard… Don’t fret – the task ahead isn’t as daunting as you think. Break into a sweat You do have a washboard stomach really – it’s just that it’s currently hiding beneath at least one layer of [...]
Eastern promise: a lesson in meat January 31, 2011 Actually, the menu at this hipster’s paradise has a good deal more than meat to offer people with appetite 49 Columbia Road, E2 7RG Tel: 020 729 5692 FOOD SERVICE ATMOSPHERE Cost per person without wine: £35 WALK past Terroirs on King William IX Street any night of the week and it’s stuffed to the [...]
WHERE SMALL PLATES RULE January 31, 2011 KOPAPA, COVENT GARDEN WWW.KOPAPA.CO.UK From the same Kiwi genius behind Providores on Marylebone High Street, this is a hodgepodge of Asian-fusion and – despite not being a trendy concept anymore – it seems to be going down a treat. If you fancy a plate of coconut sticky ribs, some beautiful smoked duck magret and grilled [...]
