Shares dip on lack of QE3 suggestion June 22, 2011 US stocks dropped yesterday after the Federal Reserve acknowledged the sluggish pace of the US economic recovery without hinting at further plans for stimulus. The Fed said the recovery was proceeding more slowly than it had expected. In his news conference, Fed chairman Ben Bernanke offered nothing to motivate investors to buy equities. Without new [...]
Mr ETF gives a bullish view as he looks at global growth June 22, 2011 THERE has been a global boom in exchange-traded funds (ETF) over the last fourteen years. But according to Jim Ross, global head of ETFs at State Street Global Advisors, there is still a lot more room for growth. Having launched the first ever ETF with State Street on 22 January 1993 – the SPDR S&P [...]
Beware: frisky business June 22, 2011 A TUC survey showed that a quarter of all long-term relationships in the UK started at work. Hardly surprising, given most of our time is spent there. But this happens against a backdrop of employers’ growing restrictions on office romances. While it’s understandable that employers are fearful of the consequences and the impact on their [...]
FIVE TIPS FOR BECOMING A SAVVY TRADER June 22, 2011 SENIOR TRADER, GLOBAL REACH THERE are lots of opportunities to become a foreign exchange (FX) trader, especially with the increased use of trading portals and spread betting. Whether it’s as a private trader using your own funds or working for a trading house, the rules for success and promotion are the same. The key to [...]
CAREERS NEWS | IN BRIEF June 22, 2011 BUREAUCRACY BARRIER TO INNOVATION Three quarters of business executives think bureaucracy within organisations is the biggest barrier to innovation, according to a survey by London Business School. When polled, 77 per cent of the business audience said that improving incentives, reducing red tape and promoting greater flexibility in the business environment was key to stimulating [...]
Maths: not just for geeks June 22, 2011 FOR far too many people, maths is associated with memories of torturous classes from their childhood – the slow walk towards the blackboard to undertake the intricacy of long division. Yet there are some really good books on the market that can make maths appealing, even to the most innumerate. Indeed, the sudden rush of maths-made-fun [...]
I want to break up, but we’re going away… June 22, 2011 DEAR VEXED: I’m thinking of breaking up with my girlfriend but we’ve got a holiday booked in August. Should I wait to break up after the holiday or do it before and face the consequences? We paid quite a lot for it. Neil, distressed debt, 29 Afriend of mine was recently going through a bad [...]
OUT OF OFFICE June 22, 2011 ROSENCRANTZ & GUILDENSTERN ARE DEAD The playwright Tom Stoppard made his name 40 years ago with this absurdist retelling of Hamlet from the point of view of his hapless student friends, here revived under the direction of Tom Stoppard. Samuel Barnett – known for his role as one of the classmates in the History Boys [...]
Social and delicious in one June 22, 2011 THERE are restaurants that open with whimpers and others that open with bangs. Ex-Ramsay super-protégé Jason Atherton’s new eaterie, Pollen Street Social, was always going to open with a bang – and, two months in, continues with a clamour. The clamour is not of chaos, plates smashing or chefs shouting, but of the throngs trying [...]
City’s cigar terraces are heating up June 22, 2011 GOING OUT WITH the inconsistencies of a British summer it’s very important for cigar aficionados to be able to take shelter in high style while enjoying Cuba’s finest. The newest addition to London’s most lauded and exclusive cigar terraces offers just that and is at one of London’s most famous nightspots, Tramp on Jermyn Street. [...]
