PROPERTY NEWS September 22, 2011 FIRST GLIMPSE OF NEW PRIVATE ISLAND DEVELOPMENT Early lot prices have been announced for Pearl Island, the private Pacific island just an hour by boat from Panama City. The island’s 30km of unspoilt coastline is being transformed into a luxury development. Prices range from $800,000 to $2m and are between one and two acres in [...]
RENT September 22, 2011 HEAD OF RENTALS AT AYLESFORD INTERNATIONAL, A TOP END SALES AND LETTINGS AGENCY Q. I hear that some landlords are introducing “break clauses” to take advantage of premium short lets over the Olympics. Is this something you advise?’ A. Be careful, the Olympics lasts only 16 days. If your property is an investment, you need [...]
Carter’s return can help All Blacks edge thriller September 22, 2011 NEW Zealand and France have played out some epic matches over the years, so rugby fans’ eyes everywhere will have lit up when they were drawn together in Pool A. The hosts came into the tournament with successive Tri-Nations defeats, but now look to have found their feet with two wins from two. Pool A [...]
Collet’s Sahpresa to make history in the Sun Chariot September 22, 2011 NO horse has ever won tomorrow’s Group One Sun Chariot Stakes (3.10pm) three times, but that could be about to change with Rod Collet’s French mare SAHPRESA. The six-year-old has claimed the last two renewals of this contest and probably should have taken the Falmouth Stakes at the July Course when given a poor ride [...]
Frankie’s Thoughts September 22, 2011 I’VE got some decent rides this afternoon, none more so than Lyric Of Light in the Fillies’ Mile. She’s a lovely filly and I was very impressed with her at Doncaster. She showed some signs of greenness that day, but there should be a bit more improvement and I hope she can confirm the form [...]
Trader says he is “sorry beyond words” September 22, 2011 While UBS CEO Oswald Gruebel battled to keep the Swiss bank’s investment arm and save his job, the trader accused of unauthorised deals that lost the bank $2.3bn (£1.4bn) said he was “sorry beyond words.” UBS trader Kweku Adoboli did not seek bail when he made a brief court appearance in London on Thursday. His [...]
UK factory orders weaken September 22, 2011 Factory orders weakened more than expected in September as a slowdown in the global economy reduced overseas demand at the fastest pace in almost a year, the CBI’s monthly industrial survey showed on Thursday. The business lobby’s Industrial Trends survey total order book balance fell to -9 this month from +1 in August, well below [...]
Eurozone business slumps September 22, 2011 The eurozone’s private sector shrank in September for the first time in two years as the debt crisis continued. Markit’s purchasing managers’ index (PMI) of activity dropped to 49.1, from 51.5 last month. A reading below 50 signals a contraction. Chris Williamson from Markit said: “The recovery has finished, we are now contracting. “Things will [...]
Global markets hammered by US and China gloom September 22, 2011 The FTSE 100 plunged on opening today as a bleak view of the US economy from the Fed and fears over a slowdown in China – a key engine room in the global economy – took their toll. London tracked hefty falls on Wall Street and in Asia with the Hang Seng in Hong Kong [...]
TUI Travel boosted by late bookings September 22, 2011 Europe’s biggest tour operator TUI Travel said it was confident its full year results would be in line with expectations following strong late demand for summer holidays. TUI Travel, which operates the Thomson and First Choice chains, said the summer season had traded well with bookings up across most of its markets while margins for [...]
