ECONOMIST VIEWS: IS IT TOO SOON TO SAY THE FINANCIAL SECTOR IS ON THE ROAD TO RECOVERY? June 28, 2009 HOWARD ARCHER GLOBAL INSIGHTI would expect there to be a gradual improvement, but the whole sector is still very vulnerable to set backs. I am not convinced that reform is going to happen to the extent that the Bank of England would like, and I think it will be a long time before we are [...]
How London City Airport’s veteran boss is keeping his sights set high June 28, 2009 Whenever you meet Richard Gooding, London City Airport’s relaxed-looking chief executive, you can’t help feeling he has seen it all before – and after clocking up 42 years in the airline business, he probably has. Aged just 18, Gooding left rural Suffolk to work as an apprentice for British European Airways – which later became [...]
Investors hope for further optimism June 28, 2009 THERE has been a noticeable air of optimism about the markets lately, and investors will be looking for signs to validate their cheer. Premier Foods, kicking the week off today with its first half trading statement, should not disappoint. Analysts at Royal Bank of Scotland anticipate that Premier will reiterate good sales growth, costs under [...]
This week’s key numbers will signal if recovery is sustained June 28, 2009 IT’S A mixed call for the opening of the stock markets this morning, with GFT calling the FTSE 100 and French CAC 40 to open virtually unchanged at 4,243 and 3,137 respectively. The German DAX on the other hand is expected to start the week on a more positive note, up 20 points at 4,796. [...]
Murray’s form is a boon for betters June 28, 2009 WITH Andy Murray looking strong and opponents unable to put up much of a fight, this could be an interesting week for British tennis. Looking at the Wimbledon draw, there seems to be nobody except Federer to challenge the Scottish baseliner, unless Lleyton Hewitt can pull off something spectacular. That Murray has started calling him [...]
THE TIPSTER OIL PRESSURE COULD DRIVE PRICES UP June 28, 2009 OIL stocks have been finding their way into many portfolios recently, with US crude back above $70 per barrel and the threat of further disruption in Nigeria helping to support prices. New problems at Gazprom and in the Ukraine could mean further unease in the energy sector, and prices could rise further as we move [...]
YES, RECOVERY WILL BE LONG AND HARD June 28, 2009 JANE FOLEYRESEARCH DIRECTOR, FOREX.COM HAVING rallied between March and early June on the expectation that the global economic downturn could be in the process of bottoming, the market is displaying a reluctance to extend risk. The reason is clear – economic data may have improved, but they are not yet sufficiently strong to confirm that [...]
Souks, spas and stunning views, Morocco has it all June 28, 2009 THE HELICOPTER’S blades crank into life. Beneath us, sand is scattered across the sun-baked earth. Soon we are zooming towards the majestic, lunar slopes of the High Atlas mountains, and the lush glory of the Ourika Valley which guards its foothills, gleaming like the proverbial diamond in the rough beneath us. By foot this would [...]
OTHER HOT SUMMER MOROCCO IDEAS June 28, 2009 VINEYARD TRIPMorocco is an Islamic country, but away from the major northern cities it is fairly relaxed about most things, wine included. In the hills of Meknes in northern Morocco there are acres upon acres of vineyards, and 35m bottles of wine are produced a year. Wine-lovers can now take a four-day tour, which includes [...]
Cycles that mean business June 28, 2009 FIRST there was the Tube strike, and now a heatwave. Travelling on London’s un-airconditioned, heat-trap of an underground system has never been less appealing. So this is a perfect moment to take to two wheels. Since keen cyclist Boris Johnson became mayor there have been rumblings about making cycling in London more attractive and less [...]
