Jobs of the week October 24, 2012 BANKING IT AUDITOR CENTRAL LONDON £50k-£60k pa A leading investment bank has an opening in its Europe, Middle East and Africa internal audit team. The ideal candidate will have at least two years’ post-qualification experience. http://www.cityamcareers.com/job/31738 HEAD OF REGULATORY DEVELOPMENTS SOUTH EAST £200k-£220k pa An investment bank requires an accomplished regulatory director with experience of [...]
Apple has a little something for you October 24, 2012 Great things come in small packages As the name would suggest, the mini is small. How small? Try 7.9-inches. It’s 1.3-inches smaller than its older sibling and while it’s still larger its competitors, the bigger size allows for 67 per cent more screen usage compared to the Google Nexus 7 when browsing the web in [...]
The top five 7-inch tablets on the market October 24, 2012 Amazon Kindle Fire HD The HD version of Amazon’s original design is ideal for people who use their tablet for watching movies and online shows. Considering the affordable price, the features on offer provide great value for money and the speakers are pretty good too. Google Nexus 7 by Asus Despite it being made of [...]
McQueen sets up shop on Savile Row October 24, 2012 The highly-anticipated store is open for business Stylish. That’s the word that springs to mind when stepping into the new Alexander McQueen menswear store. The label is big — even more so since its creative director, Sarah Burton, designed Kate Middleton’s wedding dress last year — so you might be surprised, then, to hear that [...]
Rogue trader Jerome Kerviel loses appeal October 24, 2012 Former Societe Generale trader Jerome Kerviel this afternoon lost his appeal against a three-year prison sentence for a rogue trading scandal that lost the bank €4.9bn (£3.05bn). A Paris court ruled that the ex-trader was responsible for the loss, and that he must repay the bank the billions that he lost. “Jerome Kerviel was the [...]
Improved Chinese manufacturing doesn’t steady FTSE 100 October 24, 2012 The blue chip index fell beneath 5,800 this morning, despite signs from China that a recovery in the world’s second-largest economy was gathering pace. Energy and engineering firms shouldered the brunt of the losses. Ophir Energy fell 5.68 per cent in early deals, while FTSE 250 oil and gas group Salamander dropped 5.37 per cent. [...]
Chinese manufacturing shows signs of slow recovery October 24, 2012 The Chinese manufacturing sector showed small signs of recovery, according to a survey of purchasing managers today. The HSBC Flash Manufacturing Purchasing Managers Index moved up to 49.1 in October, a three month high, although it is still below the 50-point mark that signifies growth. The flash PMI is the first indicator of real economic [...]
US growth slows at InterContinental Hotels October 24, 2012 InterContinental Hotels Group this morning posted slowing revenue in its US operations, largely due to a shift in when public holidays fell over the third quarter. Revenue per available room (RevPAR) grew at 4.6 per cent for the three months to September, driven by a four per cent increase in room rates, a slightly “softer” [...]
Argos launches turnaround plan October 24, 2012 Home Retail Group said this morning it will reposition its Argos division from a catalogue-led business to one that is digitally led, as it posted a 37 per cent slump in pre-tax profit. The group said around 75 Argos stores will close or be relocated over the next five years as part of the strategy, [...]
Facebook cashes in on mobile October 23, 2012 FACEBOOK showed signs of putting its many troubles since May’s botched flotation behind it yesterday, as Mark Zuckerberg’s company beat expectations and displayed impressive growth in selling adverts on mobile phones. The social network’s earnings release last night showed that Facebook’s turnover had risen to $1.26bn (£790m) in the third quarter of the year, up [...]
