After the Nvidelity comes the Huangover. Jensen Huang joins long list who confused boardroom and bedroom
PERSONAL FINANCE NEWS February 23, 2011 YOUNG FEMALE DRIVERS WILL PAY MORE The EU gender directive ruling, which is expected on 1 March this year, will decide whether or not it is legal for insurers to charge different premiums based on gender. Under the current rules, young female drivers pay less for their insurance than young men, based on the fact [...]
WHAT THE OTHER PAPERS SAY THIS MORNINGF February 22, 2011 FINANCIAL TIMES SUGAR TRADERS CONSIDER CAP The world’s largest sugar exchange and top traders are mulling “circuit breakers” to cap the recent surge in price volatility, people familiar with the discussions said. The ICE Futures US exchange, based in New York, and the World Sugar Committee (WSC), an advisory group of top traders, are setting [...]
CITY MOVES | WHO’S SWITCHING JOBS February 22, 2011 Hawkpoint Partners Simon Russell has been appointed as managing director of Hawkpoint Partners. With an extensive portfolio across top European companies, Russell was previously head of technology at Dresdner Kleinwort as well as the head of European technology at Thomas Weisel Partners. He has also provided advice to corporate clients including Liquavista, 2e2, Wolters Kluwer [...]
Hopes of revival for financial sector drives the FTSE higher February 16, 2011 BRITAIN’S leading share index rallied yesterday, powered by banks, on hopes for further upbeat earnings in the sector after Barclays and French peer Societe Generale set the standard. HSBC gained 2.8 per cent, Royal Bank of Scotland rose 4.3 per cent and Barclays, which reported results on Tuesday, was up 1.0 per cent. Societe Generale [...]
CLICK TO SAVE: WEBSITES THAT STOP YOU LOSING OUT February 16, 2011 THE internet is tearing up many traditional business models, bringing down costs, along with barriers to information-sharing and market entry. We look at four sites that could change your life (or at least your bank balance): BILLMONITOR.COM This new mobile phone comparison website uses technology developed over the last four years by Oxford University statisticians. [...]
Advisers line up for the biggest deal in town February 14, 2011 WHEN you’re trying to build up a franchise in mergers and acquisitions, there’s nothing better than being signed up to work on one of the biggest deals in town. So naturally Barclays Capital and RBC Capital Markets were as pleased as punch to be advising the London Stock Exchange on its £4.3bn merger with Canada’s [...]
FTSE falls due to poor results as banks and miners weigh February 10, 2011 Disappointing corporate results crimped confidence on the outlook for risk-sensitive banks and miners, pushing Britain’s top share index lower by yesterday’s close. Diageo shed 4.6 per cent as half-year results from the world’s biggest spirits group missed forecasts, prompting broker Espirito Santo to downgrade its rating to “hold”. International Consolidated Airline Group was also sharply [...]
The top ten real causes of the crisis February 9, 2011 IN the end, Merlin turned out a damp squib. This is goodish news, because the deal is based on a faulty interpretation of the crisis. Here are the ten most important causes of our problems. 1) Loose, ultra-interventionist monetary policy from central banks that kept stepping in whenever growth slowed or the stock market fell. [...]
S&P ups outlook on Aviva February 9, 2011 INSURANCE group Aviva’s credit rating outlook was upgraded yesterday by Standard & Poor’s after it confirmed plans to cut its debt and reduce pension deficits, and on the strengthening of its balance sheet. Aviva’s outlook was raised from negative to stable by the rating agency, which also affirmed the group’s core operating entities at AA-. [...]
Businesses need help to export February 8, 2011 More needs to be done to get British companies exporting, the British Chambers of Commerce (BCC) said today. In a survey of 8,000 companies, nearly 70 per cent were not current or likely exporters, it said. And among companies that do export, 15 per cent still face difficulties accessing trade finance and insurance. Most businesses [...]