NYC chic at the Wharf September 20, 2010 Tompkins 3 Pan Peninsula Square E14 9HN 020 8305 3080, www.tompkins.uk.com FOOD SERVICE ATMOSPHERE Cost per person without wine: £30 THE day we went to Tompkins, on the ground floor of Docklands’ largest residential tower Pan Peninsula, it was grey and chilly. This was a shame, since there is an impressive riverside terrace where suits [...]
CEBR: Growth slows but no new recession September 19, 2010 THE GLOBAL economy will not face a double-dip recession, according to research by the Centre for Economic and Business Research (CEBR) out today, though the slowdown in US growth has caused the body to lower its forecasts. CEBR now predicts a 3.4 per cent rise in global GDP next year, down from the 4.1 per [...]
Tempting M&A deals can risk wrecking value September 19, 2010 THE return of global M&A in 2010 has been cited as unambiguous evidence corporations are feeling more confident about themselves. The wealth of mega-deals on both sides of the Atlantic is surely a sign we are on the path to the broader macro-economic recovery we all crave. However, the tragedy is that a large amount [...]
Positive open is forecast after jumpy trading September 19, 2010 A mildly positive start is the call for stocks this morning, but after Friday’s jumpy trading session sentiment is mixed. GFT is quoting the FTSE 100 index to open up 8 points from Friday’s close, at a level of 5,516. The German DAX 40 is expected to open up 9 points at 6,218, and the [...]
FTSE rebounds after Asia rise September 17, 2010 The FTSE 100 index has rebounded after falls in the previous session following gains overnight in Asia, with commodity stocks likely to be in demand buoyed by firmer metals and oil prices. The blue chip index looks set to add 46 to 51 points, or as much as 0.9 percent, according to financial bookmakers, after [...]
FedEx cautious forecast keeps US stocks on hold September 16, 2010 US stocks were little changed yesterday as mixed economic data and a cautious forecast from economic bellwether FedEx kept the market locked in its recent tight trading range. Shares in FedEx fell 3.7 per cent to $82.72 after the company forecast quarterly profit below Wall Street’s expectations and warned the recovery may slow. A drop [...]
Wenger hails captain Cesc as awesome Arsenal hit six September 15, 2010 ARSENAL (6) vs BRAGA (0) ARSENAL boss Arsene Wenger singled out Cesc Fabregas for praise after his captain orchestrated a Champions League demolition of Braga, scoring twice and setting up two more in a victory of embarrassing ease. Substitute Carlos Vela had time to register a brace of his own, while Andrei Arshavin and Marouane [...]
Hodgson slams Torres criticism September 15, 2010 LIVERPOOL manager Roy Hodgson has hit back at criticism of Fernando Torres and dismissed claims the striker does not want to be at the club. Torres was singled out for flak after Sunday’s 0-0 draw with Birmingham, with suggestions his form is related to possible regret at staying at Anfield. “He certainly isn’t fed up,” [...]
US industrial output growth slows while import prices rise September 15, 2010 US industrial output slowed last month and a regional measure of factory activity touched a 14-month low in September, pointing to a cooling in manufacturing as the boost from an inventory build-up fades. The reports yesterday were consistent with other data suggesting the US economy is stuck in a soft spot, but they also showed [...]
Redknapp in a rage as Spurs let slip a Euro advantage September 14, 2010 WERDER BREMEN (2) vs TOTTENHAM (2) HARRY REDKNAPP last night lashed out at suggestions his Tottenham side had been taught a Champions League lesson despite throwing away a two-goal lead in their Group A opener with Werder Bremen. Spurs threatened to rack up a convincing victory after a Petri Pasanen own goal and a Peter [...]