Wall Street has a third day of gains August 15, 2011 WALL Street stocks rose for a third day yesterday as investors saw Google’s offer for phone maker Motorola Mobility as a signal to jump back into the market after weeks of sharp selling. Acquisition activity is often viewed as a sign major corporations sitting on big cash piles are willing to pay for shares even [...]
Questioning FTSE price earnings ratio forecasts August 15, 2011 OVER the last few weeks, investor uncertainty has driven a mass sell-off in equities, as market volatility has pushed investors to seek safe havens until the waters calm a little. But with prices being driven so low, is it time to pile back into UK equities? Looking at price/earnings ratios seems to suggest that the [...]
DON’T COUNT ON A MERKEL – SARKOZY DEAL August 15, 2011 I’VE been abroad for the last two weeks which has meant that I managed to miss the unpleasantness of the riots, and the market volatility of the past fortnight. As I left the country, Congress and the White House were still at loggerheads over raising the US debt ceiling. Now I’m struggling to find any [...]
Beauty and the Yeast August 15, 2011 Honey & Barley Facial 75 minutes, £95 Call me a cynic, but I’ve a feeling you could take any natural substance and make a case for the wonderful job it will do for your skin. Roses! Thyme! Seaweed! But anyway, this is about barley, and barley that’s grown in Cambridgeshire and normally used for brewing beer. [...]
Self-defence guru Mo Teague on how to be a hard target August 15, 2011 FITNESS & DIET EXPERT WHAT I’ve come to realise after 10 years in the fitness industry is that good self defence is more than kicking like the girls in Charlie’s Angels. There are many self-defence options available to both men and women in the capital but what’s becoming increasingly popular is “intelligent self-defence”. This is [...]
Cornhill goes up in the foodie world August 15, 2011 The Door Oyster Bar & Grill 33 Cornhill, EC3V 3NG, Tel: 020 7929 1378 www.thedoor-group.com FOOD SERVICE ATMOSPHERE Cost per person without wine: £30 CORNHILL is such an atmospheric, iconic City street. It’s a shame, then, that the majority of its food and drink offerings are chains or chain-style affairs. Don’t get me wrong: Alphabet [...]
Dinner at Soho’s favourite bar August 15, 2011 Cafe Boheme 13-17 Old Compton Street, W1 5JQ Tel: 020 7734 0623 www.cafeboheme.co.uk FOOD SERVICE ATMOSPHERE Cost per person without wine: £35 WHO hasn’t begun, ended or whiled away a night at one of Café Boheme’s little street-facing tables? With Soho’s best vantage point on the corner of Old Compton and Greek Streets, no discernible [...]
FOOD & BOOZE NEWS August 15, 2011 VIVEK SINGH CITY POPUP The City gets a pop-up with a (sort of) al fresco offering from Cinnamon Kitchen major domo Vivek Singh. Lasting until the end of September, Cinnamon Square can be found in Devonshire Square (just outside the Kitchen), with Bengali crab cod cakes, Bombay spiced tilapia, Hyderabadi spiced duck pao and aubergine [...]
Google to buy Motorola Mobility for £7.6bn August 15, 2011 Google Inc said it will buy Motorola Mobility Holdings for about $12.5bn (£7.6bn) in cash. The Mobility business includes Motorola’s smartphones and analysts are seeing the move as part of Google’s plans to take on Apple in the lucrative market. The $40 a share offer is at a 63 per cent premium to Motorola Mobility’s [...]
Storm clouds pass as market recovers August 15, 2011 The FTSE 100 edged up this morning as the market recovery continued to gain traction. Following gains in Asia overnight London’s blue chip index opened down but quickly regained its footing. The gains came ahead of a crucial summit between France and Germany tomorrow to hammer out a solution to the Eurozone debt crisis which [...]