WHAT THE OTHER PAPERS SAY THIS MORNING January 26, 2010 FINANCIAL TIMES ATHENS INVITES BEIJING TO BUY BONDS Greece is wooing China to buy up to €25bn of government bonds, a move that underlines Beijing’s growing financial power, as Athens struggles to fund soaring public debt. Goldman Sachs, the US investment bank, has been promoting a Greek bond sale to Beijing and the State Administration [...]
Jaguar Land Rover chief to quit post January 25, 2010 THE boss of Jaguar Land Rover is quitting the Indian-owned luxury car manufacturer. Jaguar Land Rover yesterday said David Smith was stepping down as chief executive shortly and would be replaced by Ravi Kant, the vice chairman of Jaguar Land Rover’s parent company Tata Motors, until a permanent successor is announced. The firm did not say [...]
Small caps are predicted to outperform again in 2010 January 19, 2010 AFTER being decimated during the financial crisis of 2008, smaller cap companies enjoyed an outstanding 2009 according to RBS’s Hoare Govett Smaller Companies (HGSC) index. The index, which consists of the bottom tenth by value of listed UK equities not including the Alternative Investment Market (Aim), recorded an absolute performance of 54.2 per cent. This [...]
Small caps are predicted to outperform again January 18, 2010 AFTER being decimated during the financial crisis of 2008, smaller cap companies enjoyed an outstanding 2009 according to RBS’s Hoare Govett Smaller Companies (HGSC) index. The index, which consists of the bottom tenth by value of listed UK equities not including the Alternative Investment Market (Aim), recorded an absolute performance of 54.2 per cent. This [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 17, 2010 FINANCIAL SERVICES CITY’S ROLE AS FINANCIAL CENTRE SET FOR NEW BOOST, SAYS TOP HEDGE FUND London will thrive as a financial centre over the next decade by becoming the natural western hub for emerging market growth, according to one of the City’s best-known hedge funds. In stark contrast to bankers’ doom-laden predictions about the City’s [...]
United bond roadshow hits the City January 14, 2010 MANCHESTER United’s chief executive David Gill took the club’s marketing of its £500m bond issue to the City yesterday, 24 hours after pitching it to investors in Edinburgh. The United management team met potential investors at the Grocers’ Hall near the Bank of England. There is expected to be sufficient demand for the issue, although [...]
Ford unveils new Focus January 11, 2010 Ford unveiled its new-generation Ford Focus at the North American International Auto Show in Detroit yesterday. It will come in both four-door sedan and five-door hatchback styles. Production will start in late 2010 and it will go on sale in 2011. It will sell an all-electric version of the vehicle starting next year.
E-book readers, 3D TVs and tablet PCs compete to be top dog of 2010 January 10, 2010 HYPE and prototypes dominated the Consumer Electronics Show (CES) in Las Vegas last week. From the Ford car that lets you send Twitter messages while driving, to the scuba diving mask that can shoot high definition video at depths of 130 feet, the vast majority of products on display will not hit the mainstream. The [...]
Car sales to fall as scrap scheme ends January 7, 2010 SALES of new cars in the UK reached almost two million last year, which was the lowest level since 1995, the Society of Motor Manufacturers and Traders (SMMT) said yesterday. Full-year sales fell 6.4 per cent from 2008’s total to 1,994,999 vehicles, despite the boost provided by the government’s £2,000 scrappage trade in scheme on [...]
Ford cheers investors as sales surge January 5, 2010 US CARMAKER Ford yesterday posted a 33 per cent sales gain for December, ending a crushing 2009 on an upswing as it recorded its first full-year market-share gain since 1995. The Ford sales surge ran beyond the expectations of analysts and sent the company’s stock sharply higher. Ford shares powered above $11 to hit their [...]