THE TIPSTER November 16, 2010 THE aftermath of the G20 seemed to trigger a bout of dollar short covering this week as the greenback has gained against most majors. Dollar-yen was breaking through the strong ¥83.20 resistance level yesterday, above which there are rumoured to be large stops located. If the dollar breaks through with conviction then it could easily [...]
Six ways to prepare yourself for the UK’s new Bribery Act November 16, 2010 BUSINESSES are concerned that they will have little time to meet the demands of the Bribery Act when its offences come into force next year. If they wait for the government’s guidance on “adequate procedures” to be published, it may be too late to make the required adjustments. When the Bribery Act offences come into [...]
Office jokes are here to stay, legally November 16, 2010 THE Equality Act arrived with a fanfare last month and was broadly welcomed for clarifying existing discrepancies within employment laws. But some employers are concerned that the new Act could make it easier for disgruntled members of staff who are offended by office jokes to take their employer to an employment tribunal. So does this [...]
BRIEFS | LEGAL NEWS November 16, 2010 BERWIN MERGER CALLED OFF The long-running talks about a merger between City firm SJ Berwin and American firm Proskauer Rose have been called off. It had been worried that the talks were unsettling partners, some of whom are thought to have been unhappy about the tie-up. The firm said that it would still consider an [...]
The food entrepreneur who’s hitting the MARC November 16, 2010 MARLON Abela fits the international It-Boy bill perfectly. Born in Lebanon, he grew up among the rich and famous of London and the south of France, raised by a father who owned one of the world’s top institutional and airline catering businesses and a slew of four and five star hotels. Recently valued at £400m, [...]
Two-wheel power November 16, 2010 So here I am, driving the first mass-produced Land Rover ever to be designed not to go off road – the Freelander 2 eD4 – and where I am driving it? Off-road. For a second I can’t help myself from thinking that Land Rover’s communications people have gone mad. Then I realise two things. First, [...]
CAR TALK November 16, 2010 THE CONTROVERSIAL RANGE ROVER EVOQUE If the new 2WD Freelander is contentious, it’s nothing on the controversy that surrounds the new Range Rover Evoque. This is the production five-door version, which is making its debut at the Los Angeles Motor Show today. The Evoque will be the smallest, lightest and most fuel-efficient Range Rover ever [...]
US retail figures support FTSE gains led by banking and commodity stocks November 15, 2010 A rise in commodity shares and banks hauled the leading share index higher yesterday, with better than expected US retail sales numbers also helping, providing a boost to global recovery hopes. At the close the FTSE 100 was up 23.54 points, or 0.4 per cent at 5,820.41, nearer the session peak of 5,832.88 than the [...]
Wall St edges lower as Fed worries offset M&A November 15, 2010 US stocks slipped on Monday as concerns the Federal Reserve may scale back its efforts to stimulate the economy muted optimism over two big takeover bids. The energy and materials sectors, which are sensitive to commodity prices and weaken when the dollar rises, led the way down as the Treasury bond market selloff picked up [...]
Some Eurozone stocks have suffered too much November 15, 2010 GIVEN the turmoil in the Eurozone’s financial markets, it would be tempting for the contracts for difference (CFD) trader to avoid the region. After all, there are surely plenty of other markets that appear to offer greater stability and better prospects. And it has been easy to focus on events elsewhere. Whether it was concern [...]
