WHAT THE OTHER PAPERS SAY THIS MORNING February 26, 2012 FINANCIAL TIMES WELLS FARGO EYES EUROPEAN BANK ASSETS TO POWER EXPANSION PLANS Wells Fargo plans to increase the size of its wealth management and insurance divisions through acquisitions as well as buying more assets from shrinking European banks, its chief executive says. John Stumpf, whose bank’s market capitalisation is bigger than that of any other [...]
With the state out of money we have much to learn from the American way of giving February 23, 2012 TAKE a walk on Park Avenue or Wall Street and you’ll see countless posters and banners profiling the wide variety of cultural activities on offer in New York. And at the bottom of each you’ll see sponsorship from a large private company – usually a bank, and usually a big one at that. Goldman, Morgan, [...]
Jacobean tale of incest is a 21st century triumph February 23, 2012 Theatre ‘TIS PITY SHE’S A WHORE Barbican **** by Steve Dinneen JOHN Ford’s Jacobean tale of incest and revenge is dragged kicking and screaming into the 21st century in this highly stylised and deliciously sinister production. The forbidden love between Giovanni and his sister Annabella is portrayed as a tender but doomed affair – similar [...]
The stakes are high in Romney’s home state February 22, 2012 DESPITE the insistence from one of his advisers that Michigan is not a “must-win,” the state is a crucial test of Mitt Romney’s candidacy. The media have already prepared the stinging headlines in the event Rick Santorum springs the surprise of the contest and wins in the Great Lakes. Romney, however, still has time to [...]
STOCK EXCHANGE BLOCKS STELIOS FROM AIRING HIS LATEST ATTACK February 21, 2012 EASYJET founder Sir Stelios Haji-Ioannou has never been shy about letting the airline’s management know what he really thinks. But yesterday’s attack on chairman Mike Rake’s team, in which he paints EasyJet lawyers Herbert Smith in an unflattering light, was the straw that broke the London Stock Exchange’s back – it refused to publish the [...]
German cars win style race for UK’s drivers February 21, 2012 NEXT week sees the first 2012-plate registered cars roll onto the streets. YouGov’s BrandIndex data indicates that the cars consumers would prefer to drive away are German. The Index rankings have four German brands in the top five: Volkswagen leads the way with a score of +31, followed by Audi on +29, Mercedes, Jaguar (the [...]
CAR TALK February 21, 2012 FORD’S FIESTA-SIZED B-MAX Will Ford’s new B-MAX be the cleverest little car this year? The new Fiesta-sized MPV has its central body B-pillars incorporated into the doors so there’s a 1.5m long opening on either side of the car. Easy to get in and out of and you should be able to load large items [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 20, 2012 FINANCIAL TIMES US CORPORATES SHY TO OFFER GUIDANCE US companies are more uncertain about the future than at any point since the financial crisis, with just one in five of the country’s biggest corporations making any predictions as they published fourth-quarter results. TRANSOCEAN WILL NOT PROPOSE A DIVIDEND Shares in Transocean, the owner of the [...]
Stadium complaint ‘not anonymous’ February 16, 2012 Exclusive: West Ham Olympic move rebel says he warned chiefs THE MAN who submitted the so-called anonymous complaint to the European Commission blamed for scuppering West Ham’s Olympic Stadium move believed authorities knew he was behind it all along, City A.M. can reveal. A deal with the football club was scrapped in October amid fears it [...]
UK car factories rev back into life February 14, 2012 JAGUAR Land Rover underlined the rebound in the British car industry yesterday when it posted a record quarterly profit. Just three years after it turned to the European Investment Bank for a £340m crisis loan, JLR reported a 57 per cent rise in net profit to £440m for the final three months of 2011. Demand [...]