Poor finish fails to deny Noren July 24, 2011 Sweden’s Alexander Noren secured his third European Tour title at the Nordea Masters in Stockholm, despite a closing round of 77. Noren, who started Sunday with an 11-shot lead, won by seven from England’s Richard Finch.
Genteel, smart… meet the old Marbella July 24, 2011 THE plane descends over the southern Spanish countryside and the perfect rows of olive trees almost resemble a Roy Lichtenstein cartoon from above, neatly formed into different sections by hill slope and field. The dramatic mountains give way to bold blue waters and there are whisps of white as the waves collide with the land. [...]
Travel Notes July 24, 2011 ROMAN SAVINGS Rome in high summer is no fun if you aren’t doing it properly. You don’t want to slog miles across the city through the crowds; no, you want the Forum on your doorstep. The luxe Palazzo Manfredi, a 17th century palazzo in the heart of the historical centre of Rome, offers a rather [...]
CYCLISTS AND SUITS NEED NOT BE AT WAR WITH EACH OTHER July 24, 2011 TENSIONS between the City’s suits and its many cyclists – from couriers to tourists – have reached boiling point, The Capitalist hears. One disgruntled cyclist pulled over recently on Bishopsgate has been in touch to relay exactly why it is that City of London cops are out in force, lurking under trees and behind lamp-posts, [...]
BILL OF THE WEEK July 24, 2011 ACCOUNTANTS have a reputation for being somewhat straight-laced, but this tale suggests it isn’t entirely deserved. When two employees turned up for their first day at one of the City’s biggest accountancy firms, their new colleagues put them through an initiation ceremony that had more in common with the ways of an American university fraternity [...]
Verizon tops forecasts July 22, 2011 Verizon Communications’s second-quarter profit topped Wall Street estimates as it added more subscribers than expected in its first full quarter selling the Apple iPhone. Verizon Wireless, owned by Verizon and Vodafone Group, added 1.3 million net subscribers in the quarter compared with the average expectation for about 930,000, according to seven analysts contacted by Reuters. [...]
FTSE gains fuelled by Eurozone deal July 22, 2011 The FTSE 100 tracked other global markets upwards as the sealing of a second bailout for Greece produced a collective sigh of relief from investors, governments and financial institutions. Leaders of the Eurozone threw a lifeline to debt-stricken Greece that includes an extra €109bn of government money as well as a significant contribution from private [...]
John Lewis sales lifted by rain July 22, 2011 John Lewis reported higher weekly sales as wet weather drove shoppers to its shops and its summer sale stimulated trade. Department store sales increased 3.7 per cent to £59.9m in the week to 16 July and were up 2.1 per cent excluding VAT sales tax. “Continued mixed weather helped drive a solid final week for [...]
Beazley reports loss after quake pay-outs takes toll July 22, 2011 Lloyd’s of London insurer Beazley said it sank to a loss in the first half of the year after taking a $183m (£112m) hit from natural disasters including the Japanese earthquake. Beazley, the first listed Lloyd’s insurer to report interim results, made a pretax loss of $24.2m over the six months of 2011, compared with [...]
Murdoch sees second deal hit buffers July 22, 2011 In a further blow to Rupert Murdoch, a $2bn (£1bn) takeover bid by an Australian pay-TV business part-owned by his News Corp is expected to be blocked by the country’s competition watchdog. The bid by Foxtel, in which News Corp has a 25 per cent stake, for rival Austar will create a pay-TV monopoly, the [...]
