Three Hanjin charter ships sold as cargo freeze likened to “Lehman collapse” September 14, 2016 Three ships that had been chartered by troubled shipping firm Hanjin have been sold and two more put up for sale. The collapse of Hanjin – which filed for bankruptcy last month – has played havoc with global cargo flows and been likened to the Lehman credit freeze in terms of its effect on the industry. Brokers told Reuters one ship [...]
China expected to be the golden ticket for Accesso as revenue leaps September 14, 2016 International growth in resorts and attractions is set to work well for ticketing technology company Accesso in coming years. China's booming middle class could propel the country to the fore of global theme park, resort, and attraction ticket sales and Accesso is expecting to be able to take a slice of the action. Bottom line growth in recent months means the Berkshire-based company is now eyeing up expansion [...]
Horse racing betting tips: Persuasive and Harzand look the part at Leopardstown September 9, 2016 ONLY one of the previous six runnings of the Leopardstown Matron Stakes (5.35pm) has been won by a British trainer, but John Gosden has a great chance of improving that ratio with PERSUASIVE. The unbeaten filly continues to go from strength to strength having won five on the trot since her debut, the most recent [...]
Taptica shares soar on rising mobile advertising spend August 31, 2016 Mobile ad firm Taptica shares have rocketed after the firm posted what it called a “record” year. Shares in the company closed up 19 per cent yesterday as revenue leapt by 53 per cent to $51.8m (£39.4m) in the first half. Gross profit almost doubled to $17.8m, up from $9m in the same period last year. [...]
Bell Pottinger announces resignation of chairman Lord Tim Bell August 25, 2016 PR company Bell Pottinger has announced the resignation of its chairman and founder Lord Bell. Timothy Bell, who was Margaret Thatcher's PR guru, has decided to resign with effect from today, the company said. Bell, who was not quoted in the Bell Pottinger statement, is not retiring and is planning to set up a new strategic consultancy, Sans [...]
Horse racing betting: Third time lucky for Line Of Reason in Beverley Bullet August 25, 2016 Chester and Epsom’s five furlong courses are two of the biggest draw biases in the country, but Beverley isn’t far behind. Being drawn low in sprints at the Yorkshire track is a huge advantage – seven of the last eight winners of Saturday's Beverley Bullet (3.10pm) have been drawn four or lower. There are some real [...]
UK banks’ share prices set new post-referendum highs August 24, 2016 Shares in UK banks are standing at a post-referendum high after a string of encouraging economic data has restored confidence in the health of the sector. Lenders with big domestic footprints were hit hard in the days after the 23 June referendum. Share prices fell by as much 40 per cent. Both Barclays and RBS suffered the [...]
Janet Yellen to talk interest rates and Fed shake-up at Jackson Hole August 21, 2016 The Federal Reserve's No. 2 ratesetter has signalled the US economy should prepare for a rate rise in the near future, as Janet Yellen gears up to make a key intervention at the annual central bankers' gathering at Jackson Hole, Wyoming. Stanley Fischer, vice chairman of the Fed said this afternoon he believed the US would [...]
Recession risks fade on upbeat post-referendum data August 21, 2016 Economists believe the chances of the UK economy slipping into a post-referendum recession have slipped, following a steady stream of upbeat economic data. Figures out early last week, compiled before a raft of bumper employment and retail sales statistics had been released, showed the consensus estimate for the UK economy was a 1.6 per cent [...]
Horse racing betting: O’Brien can bridge Great Voltigeur gap with Idaho August 16, 2016 Since Powerscourt’s victory in 2003, Aidan O’Brien has tried to land Wednesday afternoon’s Betway Great Voltigeur (3.05pm) with 19 horses. He’s responsible for three of the six runners in the £160,000 Group Two contest today and I think his persistence will be rewarded. Bahrain Trophy winner Housesofparliament and Gordon Stakes runner-up The Major General look [...]