THREE OTHER WINE BAR RESTAURANTS September 7, 2009 TERROIRSThis relative newcomer has swiftly become a big favourite with critics and punters alike – with small but perfectly formed French plates, you can expect the likes of snails and pork and pistachio terrine, to be eaten with something off the 200-bin wine list. It’s buzzing with people who want in on the gastronomic wine [...]
How to profit by turning the FTSE changes on their heads September 7, 2009 TOMORROW evening after the market close the FTSE 100 will undergo its quarterly reshuffle, which sees the UK’s leading blue-chip index updated to reflect fully the changing market capitalisation and liquidity of Britain’s listed companies. While the process is deliberately as transparent as possible and well publicised in advance in order to minimise any dramatic [...]
Take a view on future interest rate rises with short sterling contracts September 7, 2009 WHILE THE Bank of England’s monetary policy decision on Thursday is almost certainly a done deal – everybody expects a hold – and is not expected to shock the market, there is no doubt that everybody in the City will be watching the Monetary Policy Committee’s (MPC) accompanying statement for indications of a more upbeat [...]
EXPECT MORE RISES IN THE GOLD PRICE September 7, 2009 MARTIN SLANEYHEAD OF DERIVATIVES, GFT DESPITE stock markets being jittery after a surging summer, investors and speculators didn’t have far to look before finding an alternative home for their trading buck. Gold is glittering once more, coming close to the $1,000 per ounce price tag, and trading levels on the spot gold CFD are soaring [...]
Swiss Re says reinsurance prices rising September 7, 2009 SWISS Re, the world’s second-biggest reinsurer, yesterday said reinsurance prices were rising overall despite difficult times in the insurance market.The reinsurer also said it was well positioned for the January 2010 renewals season. “We are observing a broad upward trend in overall reinsurance pricing, although this varies significantly between different lines of business,” said Michel [...]
London sees record rise in business confidence but lags rest of the UK September 7, 2009 CONFIDENCE among business professionals in London has risen by a record 35 points since last quarter – though the capital remains the least confident in the region, according to a new survey. The latest research from the Institute of Chartered Accountants in England and Wales (ICAEW) showed that confidence rose from -36.2 to -1.1, the [...]
TD Waterhouse heads to Eire September 7, 2009 EXECUTION-only stockbroker TD Waterhouse will on Saturday launch an online equity trading service in Ireland in the latest step of its European expansion strategy. The broker plans to provide Irish investors with online trading services on both local and international equity markets, as well as delivery direct access to a number of international trading exchanges. [...]
Spotify goes mobile with new iPhone agreement September 7, 2009 SPOTIFY, the digital music firm, has secured a deal to launch a mobile offering on Apple’s iPhone, iPod Touch and phones using the Android platform. The Swedish firm said yesterday that a mobile application is now available for its premium subscribers in the UK, Sweden, Spain, France and Norway on the three devices, and in [...]
Murdoch plans internal wire service to increase NewsCorp’s content sharing September 7, 2009 RUPERT Murdoch’s News Corporation is planning to launch a newswire service that will give all parts of its global network immediate access to all its stories and videos. The new service will be called NewsCore and will collate all of the media giant’s news stories, satellite feeds and web content for instant access by News [...]
BEST OF THE BROKERS September 7, 2009 C&C GROUPCitigroup upgraded Magners owner C&C Group from a “hold” to a “buy” with a €2.95 target price. It said that underlying trading is challenging, but that management has made significant progress to improve the cost structure of the group. As a consequence, the broker believes top-line growth will be a key driver for the [...]
