Going on safari is even better when you do it by balloon October 4, 2009 E ARLY morning in Kenya, Kilimanjaro is on the horizon, and we were driving across the dusty plains past the red-robed herdsmen on our way to begin our dawn safari. But this was no ordinary game drive, as we’d swapped the safety of our safari truck for a wide wicker basket, and were about to [...]
WHAT THE OTHER PAPER SAY THIS MORNING October 4, 2009 FINANCIAL TIMESBERMUDA LOOKS TO BECOME HUB FOR CAT BONDSBermuda is making a push to become a leading centre for catastrophe bonds and other forms of specialist insurance investment by creating a special type of regulatory regime. Matthew Elderfield, chief executive of the Bermuda Monetary Authority, expects the next wave of capital that enters the insurance [...]
Big Four clash should prove a tight contest October 1, 2009 CHELSEA vs LIVERPOOLCHELSEA suffered their first dropped points of the season at Wigan last weekend which has seen Hills lengthen their title odds to a best-priced 7/4. It was another high scoring game at the DW Stadium and the average number of goals in the last three rounds of the Premier League has been an [...]
Jones double gores Wolves September 27, 2009 SUNDERLAND boss Steve Bruce berated his side’s calamitous defending despite seeing them smash five past sorry Wolves to go eighth in the Premier League. Striker Kenwyne Jones grabbed a brace with Darren Bent, Michael Turner and a Michael Mancienne own goal completing the rout. But Bruce was angered by his side’s woeful defence as John [...]
Intellectual errors at the heart of crisis September 14, 2009 At its heart, the credit crunch was fuelled by a deep intellectual error. It was this error which encouraged banks to take such a naïve and flawed view of the double or triple credit boom of the last 15 years. Rather than being something that regulators knew was wrong but did not have the power [...]
Wanted: real-life, good news hedge fund stories September 9, 2009 ONE consequence of Britain’s membership of the EU is that Brussels gets to govern the way business is done in London. Hedge funds, private equity and venture capital are the main targets of the European Commission’s proposals for an Alternative Investment Fund Managers Directive (AIFMD). The Directive has the backing of a coalition of Christian [...]
SUMMER SALES Round-up of the day’s activity September 1, 2009 AS largely expected, Portsmouth boss Paul Hart was the busiest Premier League manager of the day, securing three new faces for the major loss of midfielder Niko Kranjcar to Tottenham. Hart began to day by securing the capture of midfielder Hassan Yebda on a season-long loan deal from Benfica before completing a double swoop by [...]
SUMMER SALES FOOTBALL UPDATE August 31, 2009 Hammers land Da Costa in swapWEST HAM have snapped up defender Manuel Da Costa from Serie A side Fiorentina with forward Savio Nsereko moving in the other direction. Centre back Da Costa, 23, was born in France but qualifies to play for Portugal. Formerly at Nancy in France and PSV in Holland, he joined the [...]
Chelsea claw back to defeat Black Cats August 18, 2009 SUNDERLAND (1) vs CHELSEA (3) THE new Premier League season may be only four days old, but Chelsea, many pundits’ tips for the title, are already sitting pretty at the top of the table after rallying to sweep aside Sunderland. Black Cats summer signing Darren Bent gave the visitors a scare by pouncing to notch [...]
Novartis launches copy-cat case August 16, 2009 Novartis, the Swiss drugs giant, has launched legal action against its larger rival GlaxoSmithKline (GSK), claiming it is infringing one of its patents covering a technique used in the production of a number of its own vaccines. Last year, GSK lawyers attempted to get the Novartis patent revoked, claiming it should never have been granted, [...]