Best of the Brokers for 19 July 2013 July 18, 2013 To appear in Best of the Brokers, email your research to notes@cityam.com SHELL Nomura reduces its rating on the oil company to “neutral” from “buy” and cuts its target price to 2,400p from 2,500p. The broker thinks it will be difficult for the shares to outperform during the second half of the year and will [...]
It’s official: US-style shale revolution could soon slash gas prices in Britain July 18, 2013 IT’S now official – shale production can cut gas prices. After months of the government tiptoeing around the issue, a report commissioned by the Department of Energy and Climate Change (DECC) provides evidence for the first time that a British version of the North American shale revolution could be around the corner. The numbers are [...]
The Long View: JK Rowling’s pseudonymous success is a triumph for democratic publishing July 18, 2013 I DON’T know why I’m bothering to write this. It’s not like Marc Sidwell is a pseudonym for JK Rowling. Few will have missed the recent overnight journey of Rowling’s pseudonymous crime book The Cuckoo’s Calling from bargain bin to the top of the bestseller lists once she was revealed as the author. Apparently not [...]
Blanket migration laws threaten the thriving Tech City startup scene July 18, 2013 LONDON has the potential to be one of the world’s leading technology hubs, and the startup scene is growing fast. Research from UHY Hacker Young, released this week, showed that Tech City was the UK’s biggest growth area for new businesses in the year to March 2013, with 15,720 new companies formed. In 2008, it [...]
Letters to the editor – 19/07 – UK universities, Public sector, Best of Twitter July 18, 2013 UK universities [Re: Our uniform universities restrict true competition in UK higher education, Monday] Martin Rees fails to mention private institutions. They do not draw on the public purse and often succeed in widening access where traditional universities fall short. Many who would otherwise fall through the system choose private institutions, but new restrictions mean [...]
Rado wins with Murray July 18, 2013 IT isn’t just English tennis that has been emerging from the wilderness thanks to Andy Murray’s winning ways. His watch sponsor Rado – who reportedly pay Murray £9.9m for a three-year deal signed last year – is a brand that has struggled for visibility in recent years. But like many top sportsmen, it’s coming back [...]
Win a £500 Mr Porter Voucher by voting for 2012‘s top watch July 18, 2013 The leading luxury magazine for watch lovers, 00/24 WatchWorld, is inviting City A.M. readers to vote for their favourite watch of 2012, as part of the European Watch of the Year Awards. The 00/24 WatchWorld European Watch of the Year competition rewards the best watches from the previous year across different price categories, ranging from [...]
Rolling in the deep July 18, 2013 A handsome new diving watch has an ingeniously simple mechanical system to tell you your depth Any serious digital diving watch will be able to tell you your depth as well as the time, and a host of other indications. Doing so in a mechanical watch, however, can be a complicated business. For instance, back [...]
Water Babies July 18, 2013 THREE OF THE BEST NEW DIVING WATCHES Muhle Glashutte Rasmus 2000 Good to 2,000 metres, this voluptuously retro piece from one of Germany’s oldest makers was developed with research divers from the University of Rostock £2,145 jurawatches.com Blancpain Fifty Fathoms Bathyscape Celebrating 60 years of Blancpain’s waterbreaking diving watch, this year’s reboot takes its cues [...]
Emergency service July 18, 2013 Robin Swithinbank reports on a new version of a satellite-linked watch that could save your life IN 2003 a pair of British explorers, Steve Brooks and Quentin Smith, were forced to ditch in the Antarctic after a failed attempt to become the first pilots to fly a helicopter to the North and South Poles. After [...]