The Muslim world is opening up for Western investors October 8, 2012 AS INVESTORS and companies steer a course through social and economic turmoil, it is understandable that they are cautious of new markets. But, despite the volatility of the Arab Spring, it would be a missed opportunity to ignore the Muslim world. There are 1.8bn Muslims globally; the majority are spread across the 57 countries of [...]
Is Osborne right to encourage employees to trade workplace rights for tax-free shares? October 8, 2012 YES Carol Dempsey Employees owning shares in their employer is good for the business and can help drive the right behaviours. At first glance this new proposal seems simple and generous, and will be of particular interest to start-ups. But its success will depend on the detail and consultation will be crucial. For example, since [...]
Rapid Responses October 8, 2012 Public services [Re: Lessons to be learnt from government’s rail franchise fiasco, Thursday] Only the free market provides the incentives necessary to create an efficient operation. It is a public servant’s incentive to create complex organisations that voters can’t always understand and thus the argument will remain better management rather than better incentives. Tobias Wahl There [...]
Pessimism will engulf US corporate earnings October 8, 2012 EARNINGS season is underway. This week, investors will learn about the health of some of the biggest US companies. There is an air of pessimism. According to analyst surveys, earnings last quarter are expected to drop 2.4 per cent, and we may see more losses reported than profits for the first time in four years. But [...]
America’s fiscal cliff may bring a new level of pain October 8, 2012 THE term “fiscal cliff” may have only been coined as a phrase by Ben Bernanke as recently as eight months ago, but it’s likely to be used more frequently as we head into the year-end. If US legislators fail to act, a combination of sharp tax hikes and public spending cuts could have the potential [...]
The Tipster | Chequered outlook for Burberry October 8, 2012 CONCERNS over a slowing global economy have affected Burberry’s performance in Asia, a key growth market for the luxury retailer. The stock, down 36 per cent from its all-time highs in April, has come under further pressure after the World Bank reduced growth forecasts in Asia. Capital Spreads quotes a price of 1,011.4p-1,013.6p for Burberry. [...]
Obama’s isn’t the only job at risk October 8, 2012 BARACK Obama’s re-election hopes were given a boost on Friday with a strong non-farm payroll print, coupled with a significantly improved unemployment rate. With less than a month until the US presidential elections on 6 November, the crucial employment survey gave the Obama camp an unbelievable fall in unemployment – falling to 7.8 per cent [...]
Analyst picks for 9 October 2012 October 8, 2012 CURRENCY STRATEGIST CHRIS VECCHIO My pick: Long New Zealand dollar-dollar Expertise: Combining fundamental and technical analysis Average time frame of trades: A few hours to a few days The Aussie-dollar long trade, after violently gyrating between gains and losses for two weeks, was closed for 100 pips: the surprise Reserve Bank of Australia rate cut [...]
Fish Market may look a bit like an aquarium but the food is ace October 8, 2012 RESTAURANT FISH MARKET Old Bengal Warehouse, New Street, EC2 Tel: 020 3503 0790 FOOD **** SERVICE **** ATMOSPHERE *** Cost per person without wine: £30 The Fish Market is one of the four new creations by restaurant group D&D to have found a home in the newly renovated Old Bengal Warehouse. Alongside the fish restaurant [...]
Wild boar was extinct for hundreds of years. Now it’s back, learn how to enjoy it October 8, 2012 Head chef, Paternoster Chop House October is here and if you’re feeling adventurous, it’s a great time to try Wild Boar. Not because it’s in season (unlike most game, wild boar doesn’t really have a season), but because the accompaniments that go best with it are. Wild mushrooms, beetroot, juniper, chestnuts, apples, plums, pumpkin – [...]
