Air traffic could rise in 2010 September 8, 2009 Airbus, the world’s largest passenger jet maker, has said airline traffic could start to rebound from as early as next year, with a 4.6 per cent rise likely for 2010. This came as Air France-KLM said passenger traffic fell 2.9 per cent in August but its planes were on average 84.8 per cent full, a [...]
IBM issues bullish earnings view September 8, 2009 International Business Machines (IBM) yesterday said it was “well ahead” of its plan of achieving earnings per share of $10 to $11 by 2010. IBM, which has shifted its focus from computers to higher-margin software and services over the past decade, reiterated expectations of earnings of $9.70 a share this year. The group first raised [...]
Oil market healthy, says Saudi September 8, 2009 The oil price of between $68 (£41) and $73 a barrel is healthy, Saudi Arabia’s oil minister Ali al-Naimi said yesterday. Speaking before today’s meeting of the Organisation of Petroleum Exporting Countries (Opec) taking place in Vienna, al-Naimi said the oil market was “very well supplied” and in “good shape”. Analysts at Wall Street bank [...]
Superfly guys September 7, 2009 TURNING a passion into a business is the dream of most budding entrepreneurs. But three American men already successful in their chosen fields are pouring their energies into a new venture designed to elevate their love of historic aircraft into a successful commercial operation. Spearheading aviation website asb.tv are Ed Shipley, Jim Beasley and Dan [...]
A 500 jamboree of wrinkle-busting in Paris September 7, 2009 LIKE most Londoners, I spend a good deal of time rushing to and fro between fume-filled streets, the skin-shrivellingly dry Underground and an air-conditioned office. My face is a receptacle of urban wear and tear – clogged pores, bouts of dryness, sudden patches of oiliness. Any chance to cleanse, exfoliate, pamper and smooth my visage [...]
Just the place to take a world wine tour and most of it by the glass September 7, 2009 Kensington Wine Rooms27-129 Kensington Church Street, W8 7LPTel: 020 7727 8142Cost per person without wine: £35 IF YOU think chocolate shops are fun, try this. The Kensington Wine Rooms is the latest venue to make a go of enomatic, or wine-dispensing, machines. The Sampler on Upper Street has long mastered this format, with more depth [...]
THREE OTHER WINE BAR RESTAURANTS September 7, 2009 TERROIRSThis relative newcomer has swiftly become a big favourite with critics and punters alike – with small but perfectly formed French plates, you can expect the likes of snails and pork and pistachio terrine, to be eaten with something off the 200-bin wine list. It’s buzzing with people who want in on the gastronomic wine [...]
How to profit by turning the FTSE changes on their heads September 7, 2009 TOMORROW evening after the market close the FTSE 100 will undergo its quarterly reshuffle, which sees the UK’s leading blue-chip index updated to reflect fully the changing market capitalisation and liquidity of Britain’s listed companies. While the process is deliberately as transparent as possible and well publicised in advance in order to minimise any dramatic [...]
Take a view on future interest rate rises with short sterling contracts September 7, 2009 WHILE THE Bank of England’s monetary policy decision on Thursday is almost certainly a done deal – everybody expects a hold – and is not expected to shock the market, there is no doubt that everybody in the City will be watching the Monetary Policy Committee’s (MPC) accompanying statement for indications of a more upbeat [...]
EXPECT MORE RISES IN THE GOLD PRICE September 7, 2009 MARTIN SLANEYHEAD OF DERIVATIVES, GFT DESPITE stock markets being jittery after a surging summer, investors and speculators didn’t have far to look before finding an alternative home for their trading buck. Gold is glittering once more, coming close to the $1,000 per ounce price tag, and trading levels on the spot gold CFD are soaring [...]
