US growth and hiring defy global slowdown worries December 3, 2014 Employers across the US are hiring more staff in all industries, Federal Reserve officials said last night. Despite worries about the strength of growth across Asia and Europe, the Fed’s regular Beige Book publication showed a very upbeat recovery in the US. Conditions were so buoyant that labour shortages were reported in some regions, with firms struggling [...]
Golf Comment: Bright future beckons for Spieth but I can’t wait for Tiger’s return December 1, 2014 IF JORDAN Spieth’s win on Sunday offered a glimpse of how the future of American golf may look, this week should offer further clues as to whether Tiger Woods is likely to be part of that landscape or if his phenomenal success is a thing of the past. Spieth was very impressive in shooting a [...]
US GDP growth revised up to 3.9 per cent for the third quarter November 25, 2014 The US economy grew more than expected over the last three months, data released by the US Commerce Department has shown. The world's largest economy grew 3.9 per cent in the third quarter, or 0.4 per cent more than originally reported. This was well above expectations: economists had predicted it would be revised down to [...]
Golf Comment: Sublime Stenson 100 per cent ready for a first Major triumph November 24, 2014 TWELVE months ago Henrik Stenson played a brilliant approach to the 18th hole at the DP World Tour Championship to ensure he rounded off a landmark season with another victory. It also won him the European Tour’s shot of the year prize. But on Sunday, back in Dubai again, he mustered an even better effort, [...]
Stenson defends his Dubai crown and banks £1.3m November 23, 2014 RYDER Cup star Henrik Stenson is targeting a first Major title in 2015 after the Swede concluded the season by scooping a long-awaited victory and a £1.3m payday. Stenson survived a scare on the back nine to successfully defend his DP World Tour Championship title in Dubai yesterday and land a first win since his [...]
Christmas in London: Start planning your festive season November 20, 2014 As usual, London will be buzzing over the Christmas period. Here’s our selection of the best seasonal activities Swedish Christmas at Fika Head to Brick Lane for a Christmas dinner with a Scandinavian difference. Swedish bar and kitchen Fika is offering a traditional Scandi Christmas dinner from 1-23 December. The small, independent restaurant [...]
10 themes Goldman Sachs thinks will dominate markets in 2015 November 20, 2014 It's the most wonderful time of the year – the time banks, analysts and other finance futurologists dust off their crystal balls and start trying to work out what the market's going to be thinking about next year. Goldman Sachs has got in there early, with its "Top 10 market themes for 2015" research note. [...]
Fed to raise interest rates before Bank of England November 19, 2014 US INTEREST rates are expected to rise before those in the UK, as the Federal Reserve last night indicated it will not slow down its path to tighter money despite wobbles in the world economy. Mark Carney has indicated the Bank of England will keep rates lower for longer as wages are not yet rising [...]
Poulter uses Norman tips to avenge Stenson November 19, 2014 THERE may not be a personal wager riding on it this time, but England’s Ian Poulter is still desperate to beat Henrik Stenson to the DP World Championship – the finale of golf’s European Tour – starting today. Poulter finished second to Sweden’s Stenson 12 months ago and, as a result of their bet, had [...]
What the minutes from the Federal Reserve’s October meeting tell us November 19, 2014 The minutes from the Federal Reserve's October 28 – 29 meeting showed little debate between its members on the key aspects of last month's statement. Last month, the Fed stuck to its pledge to keep interest rates near zero for a "considerable time" but gave little indication as to when interest rates would raise. [...]