As doubts grow about a BAE-EADS merger, could it prove a danger to national interests? September 18, 2012 YES Ben Wallace As things stand, the UK government is going to be asked to approve a deal that sees the majority of Britain’s defence industrial base being taken over by a company half-owned by the German, French and Spanish states, with a headquarters in France, and a German chief executive. All the big defence [...]
Rapid Responses September 18, 2012 Occupy a year on [Re: One year after the start of Occupy Wall Street, has the movement had any positive impact?, yesterday] Sam Bowman is correct that the Occupy Movement asked the right questions about the close relationship between big business and governments. But its answers weren’t always asinine. There was a strong free market [...]
Twenty-four carat case for gold September 18, 2012 AS WARREN Buffett famously said: “You can’t eat gold.” But US dollars are not particularly nutritious either and neither are pounds sterling. However, the amount of food you can buy with your gold is steadily increasing, and has been for the last decade; whereas what you can buy with a wallet full of fiat currency [...]
Central bankers finally deliver September 18, 2012 MUCH has happened since Lehman collapsed four years ago: three rounds of easing from the Fed, four from the Bank of England, five Eurozone bailouts, two waves of bond purchase programmes and two rounds of long-term refinancing operations from the European Central Bank (ECB). The result is that G7 policy rates are at or near [...]
Accounting for a disruptive future September 18, 2012 Professionals should consider the broader shifts in businesses THE future is unwritten,” said the late, great punk prophet Joe Strummer. But this message could equally have come from a business futurologist. Whatever the source, every business in every sector has a responsibility to start planning the opening chapters for their future development and growth. Finance [...]
This Cee’d is a dad-car with bite September 18, 2012 Fatherhood is far from dull, except when it comes to motoring. First, you have to get a car with at least four seats, rather than two. Then, your primary considerations are how much stuff it can carry and how economical it is. Perhaps the Volvo 240 epitomised this best: the squarest car of all time, [...]
Car Talk September 18, 2012 Smart Forstars coupé concept goes on display Smart is introducing this electrically-driven Smart Forstars coupé concept at next week’s Paris motor show. The car seats two passengers, has a glass roof above – hence the name – and has a video projector in the bonnet, which is certain never to make production. What is interesting [...]
US stocks fall as oil prices hit energy shares September 18, 2012 US stocks fell yesterday in light trading after a rally that drove the S&P 500 last week to its highest level in nearly five years and as falling oil prices hit energy shares. The decline broke a four-day streak of gains for the S&P 500. On Friday, both the Dow and the S&P 500 ended [...]
Mourinho: City WILL become kings of Europe September 18, 2012 REAL Madrid manager Jose Mourinho believes tonight’s opponents Manchester City are certain to win a first Champions League title and that the only true question concerns when. It is at the Bernabeu that Mourinho’s men will attempt to defeat the wealthy Premier League champions but regardless of if they do so, the Portuguese, winner of [...]
Moyes believes official errors cost Everton September 18, 2012 EVERTON manager David Moyes blamed the officials’ poor decisions for his side’s 2-2 Premier League draw at home to Newcastle last night. After Nikica Jelavic had an early effort correctly disallowed for offside, Marouane Fellaini later had another disallowed before Victor Anichebe’s header crossed the line without being given to leave Moyes’s men vulnerable to [...]
