Analyst picks for 13 November 2012 November 12, 2012 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Long Aussie dollar-yen, euro-dollar and gold Expertise: Fundamental and technical analysis Average time frame of trades: A few hours to a few days New trades were initiated on Friday, with the intention of looking for 1 to 2 per cent bounces from each. Although the risk environment has been [...]
Congress may kick the fiscal can off its cliff November 12, 2012 AS WE rumble towards 31 December, US policymakers seem to be doing little of substance to address America’s looming fiscal cliff. And unless making speeches about the problem is going to make it go away, it is highly likely that we will see the kind of market uncertainty that we last witnessed in the summer [...]
The rise and rise of the super gym: how to work out in style November 12, 2012 I remember a time when “posh gym membership” meant you were given a towel on arrival. Nothing so modest nowadays. We’ve moved on to scuba diving in your lunch hour, technology that allows you to measure and track every heartbeat and swim stroke, both in and out of the club, and chilled eucalyptus towels on [...]
Chrysan: lost in translation? November 12, 2012 RESTAURANT CHRYSAN 1 Snowden Street, EC2A 2DQ Tel: 020 3657 4777 FOOD **** SERVICE **** ATMOSPHERE ** Cost for two people with drinks: £160 A FRIEND of mine has recently taken up learning Japanese. So, last month, I found myself spending a surreal afternoon watching a Japanese detective drama series, Deka Kurokawa Suzuki, which really [...]
Why making a business out of wine is no mean feat November 12, 2012 THERE CAN be something very impersonal about buying a bottle of wine. You pull something off a shelf with a nice label and some fancy writing and take pot luck. Even if it’s delicious, you don’t really know a great deal about it. There may be a few uninformative notes on the back, perhaps a [...]
Some like it hot November 12, 2012 Hot punches are not in vogue. However, while it might not look as impressive as coolly flipping your cocktail down to freezing, a warm cocktail can better suit our intemperate climate. Even more tainted than the suggestion of a hot cocktail is the practice of making a punch. Punches are all too often the desperate [...]
BBC under fire November 12, 2012 THE BBC was thrown into disarray yesterday as it attempted to limit the fallout from the scandal that saw director-general George Entwistle resign over the weekend. BBC Trust chairman Lord Patten, who appointed Entwistle to the top role at the corporation, said the future of the BBC was at stake if the broadcaster did not [...]
Bonuses slashed again as City of London set for collapse to third place in financial league table November 12, 2012 THE UPCOMING bonus season is set to be the worst in over a decade, according to figures out today – with City payouts set to collapse even further in the next five years. London has also now fallen behind New York and is about to be overtaken by Hong Kong in terms of the number [...]
London business activity dives as growth dwindles November 12, 2012 THE UK looks set to crash back into contraction in the fourth quarter, as data out today reveals a fall in business activity in London and across the country. The collapse in London is especially worrying – it dived on the Lloyds purchasing managers’ index (PMI) business survey from 52.1 to 49.1 – a 42-month [...]
It is time for the BBC to allow its viewers freedom to choose November 12, 2012 WHAT a mess. The BBC, Britain’s most powerful and influential media company, is in crisis; the resignation of its director general hasn’t been enough to halt the chaos. Radical changes are needed to reform, strengthen and preserve the BBC; if Lord Patten, the chairman of the BBC Trust, doesn’t want to introduce them then he [...]