Will a second presidential term for Obama improve prospects for the global economy? November 7, 2012 YES Dan Morris Markets like certainty, and the fact that President Obama won a definitive victory must be taken positively. With little change in the make-up of Congress, there is a good chance for a resolution to the issue of the fiscal cliff before the end of the year. However, the fiscal cliff may turn [...]
Rapid responses November 7, 2012 Divided State [Re: So much for the election. Now America must regain its mojo, yesterday] This article is correct. The closeness of this election (a clear reminder that America is still a highly divided country) does nothing to resolve which direction the US should take. With 48 per cent of the electorate behind Romney, there’s [...]
Going back to the exam room can boost a career November 7, 2012 THE investment management certificate (IMC) is both a foundation for those with future plans for the chartered financial analyst (CFA) programme, and a qualification that demonstrates regulatory competence. Run by the CFA Society of the UK, roughly 6,000 students sit the exam each year, and it’s appropriate for anyone entering an investment-related role, be it [...]
There is more to Belstaff than movie fodder November 7, 2012 Leather IS having quite a moment. You might be thinking: when did it ever disappear? But if you cast your mind back a couple of seasons, you’ll remember all the lightweight, colour-blocked fabrics that captured everyone’s imagination – jackets that looked like they should have come with a bike were nowhere to be seen. But [...]
Small but perfectly formed: we put the iPad Mini through its paces November 7, 2012 Apple’s great skill lies in creating products you didn’t know you needed. Nobody thought they wanted a little metal box with all their music on it, but when it arrived, the world went all doe-eyed and declared its undying love. Tablets had been around for years and made no impact on the public consciousness. “Fingerprints,” [...]
Halo 4: as much fun as you can have on an Xbox November 7, 2012 GAME HALO 4 Xbox 360 | ***** HALO ISN’T just a video game – it’s a gigantic, multimedia behemoth, crushing all in its path under its metal-plated boots. Since the original Halo launched on Microsoft’s first Xbox, the franchise has grown to fill an entire universe, with spin-offs including an animated web series, a graphic [...]
How the 4th gen iPad measures up November 7, 2012 The surprise package in the Apple announcements last month was the news there would be an update to the 3rd generation iPad. Apple says it will continue to sell the iPad 2 (starting price £329) but will replace the “new iPad” (which is now the old iPad – this naming business is getting rather complicated…) [...]
Wall Street tumbles on Obama re-election November 7, 2012 The Dow Jones fell more than two per cent in trading today, as investors shifted their focus to a looming fiscal cliff after President Barack Obama’s re-election for a second term. The energy, healthcare, banking and defence sectors were among the hardest hit during trading, after Obama defeated Republican candidate Mitt Romney. The Dow Jones [...]
Carlyle calls off Chemring bid talks November 7, 2012 US private equity firm Carlyle has confirmed it will not make a bid for troubled defence equipment group Chemring, after extending the deadline twice. Chemring, which first received a “highly preliminary expression of interest” from Carlyle in August, issued a profit warning last week, sending its shares to a six-year low. The FTSE 250 defence [...]
FTSE 100 up on Obama victory November 7, 2012 US President Barack Obama’s victory pushed up the blue chip index in early trading. His win is expected to mark the continuation of loose monetary policy and low interest rates at the Federal Reserve. Miners and engineering firms led the FTSE All-Share higher, with boiler and valve maker Spirax-Sarco adding 6.76 per cent in early [...]