The gizmo for a healthy life November 1, 2010 CALORIE counting is out. That’s if you take your cues from WeightWatchers anyway, which is moving to another system based on levels of carbs, protein, fibre and fat in your diet. Let’s face it, though, this is hardly the death knell for thinking about calories when aiming for a healthier lifestyle and leaner body – [...]
Ambac shares hit as it warns of bankruptcy November 1, 2010 AMBAC Financial Group, which was the second-largest US bond insurer before suffering huge losses on risky mortgages, said it may file for bankruptcy protection as soon as this year after skipping a bond interest payment. Ambac shares fell as much as 59.8 per cent before closing down 50.4 per cent, or 41.9 cents, at 41.2 [...]
Emirates quadruples profits November 1, 2010 EMIRATES Airlines, the Arab world’s largest airline carrier, said it was well placed to expand its business after first half profit quadrupled as a result of significant increases to passenger and cargo volumes The airline posted net profit for the six months to 30 September of £3.4bn dirhams (£577.5m) up from 752m dirhams for the [...]
The science of longevity November 1, 2010 MOST City folk would probably not include traditional Indian homeopathy in their daily list of considerations. Yet ayurveda – which comes from the Sanskrit words for “longevity” (ayus) and “related to knowledge” (veda) – is quietly playing an increasing role in the lives of health-seekers – urban and otherwise. Madonna, Jennifer Aniston and Cindy Crawford [...]
HP chief may appear in court as Silicon Valley prepares for clash of tech firms November 1, 2010 Jury selection has kicked off in a Silicon Valley legal drama that could make for some of the best theater the technology industry has seen in years. Larry Ellison, the co-founder and chief executive of software company Oracle, has waited two-and-a-half years to bring arch rival SAP to court on allegations that SAP stole Oracle’s [...]
Lords query lack of audit competition November 1, 2010 THE House of Lords’ Economic Affairs Committee will today question industry representatives on whether lack of competition among auditors could have contributed to the financial crisis. Representatives from RSM Tenon, Grant Thornton, Mazars and BDO will face questions in the afternoon on whether the dominance of the “big four” auditing firms – Deloitte, KPMG, PricewaterhouseCoopers [...]
Strike threats and decline in mail volumes hit TNT November 1, 2010 SHARES in Dutch postal firm TNT went on a rollercoaster ride yesterday, with stock sinking to a seven-month low after its disappointing third-quarter earnings report before recovering. Pre-tax profit plunged 24 per cent to €108m (£94m), with the firm dragged down by mail, where volumes in the Netherlands declined 7.7 per cent and yields were [...]
UBS Wealth boss McCann sticks to his profits target November 1, 2010 The chief executive of UBS Wealth Management Americas unit is sticking to his target of reaching Sfr1bn (£629m) in profit within the next five years, in spite of depressed markets and a tough recruiting environment. Robert McCann, who set the ambitious target just a few weeks after he arrived at UBS in October last year, [...]
FIT IN THE CITY November 1, 2010 FITNESS & DIET EXPERT DIET-to your-door. Even in the current economic climate, demand for diet meal delivery services is on the rise. We’re a time-poor, nutritionally-savvy city of workers who want to maintain our waistline – but not to the detriment of our health (and rightly so). So what’s the very best in meals-on-wheels the [...]
Fresh appetite for mini-metal LME contracts November 1, 2010 Major London Metal Exchange brokers are taking a belated interest in the previously dormant LME mini metal contracts, metals industry sources said yesterday, adding the contracts may yet take off. The news comes ahead of plans by the LME and the Singapore Exchange (SGX) to launch copper and zinc cash-settled minis cleared through SGX by [...]
