Not all tracking is equal, and it can pay to know which your ETP uses January 27, 2010 ONE of the biggest attractions of exchange-traded funds (ETFs) is that they track indices such as the FTSE 100, giving investors exposure to the performance of these benchmarks without requiring them to hold actual shares. In order to replicate the performance of the underlying index as closely as possible, the fund has to include exposure [...]
Apps that can keep you connected when you’re travelling for business January 27, 2010 THEY may not be able to check your luggage in for you, but there’s a growing number of apps designed to help take the stress out of travel. One of the most comprehensive is Flight Update (£2.99), which allows you to enter the details of pretty much any flight, track its status and glean lots [...]
BUSINESS TRAVEL TIPS | HOW TO GET AN UPGRADE January 27, 2010 WHEN you’ve been on the road for a while, the worst thing in the world is clambering on to an aeroplane where you will sit breathing in recycled air and getting kicked in the back for five hours by the child in the seat behind you (when he’s not crying, that is). The best thing [...]
BUSINESS TRAVEL TREND | PREMIUM ECONOMY January 27, 2010 THIS week, Air New Zealand announced that it is to beef up the premium economy seating in its forthcoming fleet of B777-300ERs, by adding a “lie-flat” bed that will means passengers will not have to sleep sitting up. They are also adding new conventional convection ovens, so that staff will be able to whip up [...]
When you liberate your employees, productivity and profit will follow January 27, 2010 FREEDOM INC BY BRIAN M CARNEY AND ISAAC GETZ Crown Business Publishing, New York, £18.99 **** WE LIVE in a society in which we’re always watched – not just by the state, but in the workplace, too. Keen to cut costs and direct workforce activities with precision, employers create ever more laborious internal rules and [...]
OUT OF OFFICE January 27, 2010 TURNER AT TATE BRITAIN There are just a few more days to catch Tate Britain’s superb exhibition Turner & the Masters, examining the influence Turner’s artistic forebears played on his career, and his attempts to surpass them. The extensive show includes many of Turner’s finest paintings, as well as works by other painters including Claude [...]
How London fell for American cuisine January 27, 2010 FIVE years ago, McDonalds was the best-known export of US cuisine in London. Yes, there have been other venues dedicated to that fine nation’s culinary tradition, such as Joe Allen and the Chicago Rib Shack, which have both been around since the 1970s. But mostly it’s been burgers and bad steaks, confined to slightly grotty [...]
Doubts grow over QE end January 26, 2010 THE lower than expected economic growth figure may delay the ending of Quantitative Easing (QE), according to Citi economist Michael Saunders. “Before these data, we judged that there was little chance that QE would be extended at next week’s MPC meeting. “These data introduce considerable uncertainty, but on balance we still believe that the MPC [...]
British economy faces years of pain January 26, 2010 “THE UK is a must to avoid. Its gilts are resting on a bed of nitroglycerine.” So says Pimco’s Bill Gross – and given yesterday’s pathetic 0.1 per cent fourth quarter growth, he is clearly right. It is good news that we are out of recession at last. But the last year and a half [...]
Sterling falls as market shows disappointment January 26, 2010 THE fragility of the UK’s recovery sent sterling lower yesterday, while gilt prices rose. The pound fell 0.6 per cent to $1.615 by the close of business, also slipping 0.2 per cent against the euro and 1.4 per cent versus the yen. Benchmark 10-year gilts rose 0.17 per cent in price and saw their yields [...]
