After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
Airlines slam BAA reaction to snow chaos March 8, 2011 HEATHROW operator BAA came in for stiff criticism in front of the transport select committee yesterday, with airlines slamming the firm’s handling of the snow in December. Executives from Virgin Atlantic and British Airways told the committee that BAA’s organisation problems left thousands stranded. “At the end of the day, if the airport operators do [...]
FTSE finishes in the red despite late rally March 2, 2011 The FTSE slumped below the 5,900 mark this morning on continued Middle East unrest fears, but recovered ground after a boost to Wall St. The FTSE 100 still closed the day below 6,000, though, 0.35 per cent down at 5,914.89. It has lost ground in eight of the last nine sessions. Michael Hewson said the [...]
THE TIPSTER February 28, 2011 BEING one of the main safe investments, gold is on the up again after its recent correction. With concerns in the Middle East still prominent and ongoing talk of inflation, the demand for the metal is still high. The all-time high was $1,423.75 in December 2010 but with the situation still fragile, we may very [...]
Consultation on high speed rail link is opened February 27, 2011 TRANSPORT secretary Philip Hammond will today launch a five month consultation on the HS2 high speed rail project that could link London and Birmingham. Ministers say the 250mph link, which will cost around £2bn a year for at least the next decade, will generate £2 for every £1 invested. It is hoped the link can [...]
Rolls-Royce tops list of best British brands February 27, 2011 AN independent industry survey has named the UK’s top ten business-to-business brands, with engineering company Rolls-Royce knocking Microsoft off the top spot to take first place. Either Microsoft or Google has held the number one position since 2007, but they slipped this year to third and fourth position respectively. Technology still dominated the list, with [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 24, 2011 FINANCIAL TIMES AL-JAZEERA IN BATTLE FOR US COVERAGE Al Anstey, managing director of al-Jazeera English, entered Comcast’s Philadelphia headquarters on Wednesday with four cardboard boxes. Inside were printouts of 13,000 e-mails the Doha-based news channel had received, urging the US cable company to carry its signal. EAST EUROPEAN MIGRANT NUMBERS BACK ON THE RISE The number of [...]
Oil surges on Libyan crisis February 23, 2011 THE PRICE of oil continued to surge yesterday, after at least half of Libya’s production ground to a halt amid escalating violence. Brent crude for delivery in April soared six per cent to race to more than $112.12 a barrel, its highest level in two-and-a-half years. West Texas Intermediate crude for March delivery jumped 3.9 per [...]
BA union to reballot over strike February 22, 2011 The biggest union representing British Airways cabin crew said yesterday it will re-ballot members over strike action saying it feared a recent vote may be invalid. Cabin crew voted last month to hold further strikes in the long-running dispute which has already cost BA £150m. But, BA argued that the ballot, the third held by [...]
BA severs ties with UBS February 13, 2011 BRITISH Airways has severed ties with UBS, the corporate broker the airline has used for 24 years. The carrier has chosen Deutsche Bank and Barclays Capital, following its merger with Spanish airline Iberia. The newly formed International Consolidated Airlines Group (IAG), which listed in London and Madrid last month, decided to end its relationship with [...]
Broughton secures backing for Tote bid February 13, 2011 THE deputy chairman of British Airways’ newly formed owner, Sir Martin Broughton, has lined up support for his bid to buy state-owned bookmaker the Tote. The former Liverpool football club chairman, who has been a racehorse owner for many years, has received backing from Penta Capital, a buyout firm. The Glasgow-based investor, which has stakes [...]