Sweet success is on the horizon for G founders November 15, 2009 CHOCOLATE mousse firm Gü is in the final stages of its proposed sale, with Noble Foods believed to be the front-runner for the deal. Gü founder James Averdieck founded the brand back in 2003 with £100,000 of personal funds, but appointed Cavendish Corporate Finance in May this year to work on a sale of the [...]
Superdry set to smash its way into FTSE 250 November 15, 2009 Supergroup, the fashion retailer behind the Superdry brand best known for its urban style and for gracing David Beckham’s body, is set to strut its way into the FTSE 250 next year with a stock market listing valuing the business at £400m. The retailer has hired City broker Seymour Pierce to advise on the float, [...]
Beer-bellies meet spread bets as arrows fly this week November 15, 2009 MENTION the name Mervyn King in the City and most readers of this newspaper will think of the chap who’s in charge of the Bank of England. But there is another fellow with the same name, who is far more at home on the oche than discussing the finer points of quantitative easing. This other [...]
Copper looks red hot for next year November 15, 2009 COPPER’S status as a widely used industrial metal meant it was always going to do well in 2009. Restocking, East Asian growth and growing confidence in the global economic recovery saw the price of the red metal on the London Metal Exchange (LME) rise to as high as $6,700 a tonne earlier in the year. [...]
YUAN’S PEG A PROBLEM FOR STRONG EURO November 15, 2009 JANE FOLEYRESEARCH DIRECTOR, FOREX.COMCURRENCY flexibility in Asia is a contentious issue, so the appearance of US President Barack Obama and US Treasury secretary Tim Geithner at the Asia-Pacific Economic Cooperation (Apec) meetings last week immediately brought the topic back into the spotlight. Geithner made the most of the opportunity to stress the importance of flexible [...]
THE TIPSTER RETAILERS TRY TO BEAT THE RECESSION November 15, 2009 SO FAR, so good for the British retailers, it would seem. The likes of Marks&Spencer, Next and J Sainsbury have all released better-than-expected third quarter figures, and the latter is once again looking like an attractive proposition. Although lower food inflation might be expected to hit bumper sale figures, both the supermarket and its rival [...]
When crossing the Atlantic, getting there is half the fun November 15, 2009 It is a glorious morning in New York. The sunlight is sparkling on the skyscrapers as I look out over Manhattan island having just arrived in the United States. I couldn’t be more relaxed after an early morning visit to the spa while I was on my way. There’s not a hint of jet lag [...]
Get your hands dirty in Sardinia November 15, 2009 THESE days, you can hardly turn on a television without seeing somebody rummaging around in hedgerows, or cooking a meal with something they have just picked or plucked from a tree. Foraging is in. The idea of wandering around the British countryside in November looking for my dinner doesn’t exactly appeal – but doing so [...]
Johnson fires warning over All Black Test November 15, 2009 ENGLAND manager Martin Johnson insists his side must make rapid improvements if they are to beat the All Blacks in their autumn series finale on Saturday. Despite scraping past Argentina on Saturday 16-9, much of the Twickenham crowd vented their frustration at another inept performance when the final whistle went. Following on from another underwhelming [...]
Exiles lead way as London sides thrive November 15, 2009 LONDON IRISH capped a magnificent day for teams from the capital with a 12-11 win away to defending LV= Cup champions Cardiff Blues.Replacement Ryan Lamb kicked a penalty five minutes from time to condemn Cardiff to their first defeat in the competition for eight games and more importantly earn the Exiles’ their first victory in [...]