Malaga City June 13, 2011 BEST BEACH For those that don’t mind jumping in the car, the nearby seaside resort of Nerja offers sandy coves, and magnificent views up and down the coast. Sheltered by the impressive Sierra de Almijara Mountain range, Nerja offers more than 9km of beaches, with something for everyone.. BEST ART AND CULTURE Malaga is actively [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 7, 2011 FINANCIAL TIMES EVERCORE SET TO ENHANCE ITS ROLE IN EUROPE WITH £86M LEXICON BUY Evercore Partners, the US investment bank, is set to bolster its position in Europe with a deal to buy Lexicon Partners, the London-based advisory firm co-founded by Andrew Sibbald, for about £86m. UBS IN PAY PLEDGE TO TRY AND STEM DEFECTIONS [...]
Stocks suffer on global growth fears June 6, 2011 Stocks have fallen this morning on a hangover from weak US employment data on Friday, and falls in Asian markets overnight. US non-farm payroll data showing just 54,000 new jobs were created in May shocked the markets, leaving the Nasdaq 1.5 per cent lower. In Asia, the Nikkei fell to an 11-week closing low today [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 31, 2011 FINANCIAL TIMES UK CONSUMER RECOVERY SET TO BE SLOWEST IN 180 YEARS The UK economy is set to experience the slowest pick-up in consumer spending of any post-recession period since 1830, according to a Financial Times analysis of official forecasts. Families are expected to spend just slightly more by 2015 than they were before the [...]
Virgin Atlantic expects to unveil new partnership within months May 26, 2011 VIRGIN boss Sir Richard Branson said yesterday up to three suitors of his Virgin Atlantic airline are set to bid for a stake in the company, with an announcement on the tie-in due within the next three months. Branson, speaking at an event in the States, said he will remain involved with the carrier as [...]
FTSE rallys on commodities but Eurozone doubts linger May 24, 2011 BRITAIN’S top shares rose yesterday as rallying commodity stocks helped the index recover some of its poise, but the advance may be short-lived as investors find themselves hemmed in by Eurozone debt concerns. The FTSE 100 closed up 22.52 points or 0.4 per cent at 5,858.41, having hit a two-month closing low on Monday after [...]
FTSE rebounds but Wall St fall goes on May 24, 2011 UK stocks rebounded today as miners regained ground after grim falls yesterday, though final gains were small. The FTSE 100 ended the session 0.4 per cent higher at 5,858.41 but recorded a high of 5,884.66 in the day’s trading as investor confidence returned. Bargain hunters moved in on miners, which recovered along with metals prices [...]
Fears of chaos as ash cloud hits Scotland May 23, 2011 FEARS OF a repeat of last summer’s mass flight disruption were fuelled yesterday as airlines began cancelling flights in and out of Scotland in the wake of the volcanic ash cloud blowing in from Iceland. BA, KLM, Easyjet, Flybe, Aer Lingus, Loganair and Eastern Airways have all cancelled services for today as the Met Office [...]
Fresh Eurozone debt fears see FTSE plunge to two-month low May 23, 2011 RENEWED concerns about the Eurozone debt crisis triggered a steep sell-off of Britain’s top shares yesterday, led by commodity stocks, with some analysts and investors seeing little on the horizon to tempt investors back into the market. The FTSE 100 index ended at its lowest closing level since 23 March, off 112.60 points, or 1.9 [...]
Euro woes and commodity falls leave FTSE low May 23, 2011 Fears of debt default in Greece, election upset in Spain and weakness in Italy’s economy caused the FTSE to tank to a two-month low today. Commodity stocks led the fallers as the FTSE 100 index plunged more than 100 points to close down 1.9 per cent at 5,835.89. Investors abandoned risky assets after rating agency [...]