Now’s the time to shoot the puppy November 22, 2009 ALL professions lend themselves to slang, but few are as fertile as the City and Wall Street. Since the term “credit crunch” emerged, a host of other terms have entered the lexicon. A year ago quantitative easing was just an arcane – if tongue-twisting – bit of economic theory. Now it is part of the [...]
JPMorgan eats up 1bn Caz leftovers November 18, 2009 US INVESTMENT bank JPMorgan Chase & Co is expected to seal its £1bn buyout of the remainder of Cazenove today. JPMorgan will pay around 500p per share for the last 50 per cent of the 190-year-old British brokerage, valuing the total business at £2bn. The deal will land a multi-million pound windfall for many Cazenove [...]
The amateur economist who finds the truth in the freakiest places November 16, 2009 FOR someone who has spent much of the last decade successfully writing about economics, Stephen Dubner is surprisingly keen to point out that he is not an economist. Following his co-authorship of Freakonomics, one of the publishing phenomena of recent years, and a sequel called Superfreakonomics, however, surely he has picked up some knowledge. Well [...]
A stylish new hotel comes to the Square Mile November 15, 2009 There’s a new hotel in the City – and about time too. Considering the area’s global pre-eminence as a centre of finance and business, with people constantly jetting in from around the world to do deals, it’s surprising how light it’s been on good places for them to stay. That’s about to change thanks to [...]
Get your hands dirty in Sardinia November 15, 2009 THESE days, you can hardly turn on a television without seeing somebody rummaging around in hedgerows, or cooking a meal with something they have just picked or plucked from a tree. Foraging is in. The idea of wandering around the British countryside in November looking for my dinner doesn’t exactly appeal – but doing so [...]
Black swans, blondes and other shaggy dog stories November 11, 2009 WHAT THE DOG SAWBY MALCOLM GLADWELLPenguin, £12.99 WHETHER Malcolm Gladwell – the author of Blink, the Tipping Point and Outliers – is really the “the world’s most influential thinker”, as the blurb on the back attests, is open for debate. What is certain, however, is that he is formidably fashionable, and on the strength of [...]
Koffman’s pop-up proves that he’s still the king of London fine dining November 9, 2009 NOSTALGIA is a wonderful thing. When it was announced that Pierre Koffman would come out of retirement to run a restaurant on the roof of Selfridges for one week only, the phones rang off the hook with former customers who remembered his Chelsea restaurant Tante Claire, which closed several years ago. But the crowd wasn’t [...]
Koffman goes for one final foodie push November 2, 2009 WE ARE the Napoleons of the kitchen,” chuckles the affable Pierre Koffman. He is sitting with his trusty lieutenants, fellow Michelin-starred chefs Eric Chavot and Bruno Loubet, in the lounge area of his restaurant on the roof of Selfridges, sipping a ristretto after the lunchtime service. They have certainly earned it. Since Koffman came out [...]
When you are betting on the oil price, timing is all-important October 28, 2009 JUST how high can the oil price go? It broke through $80 last week, and in the past few days Barclays Capital analysts said that they think that oil has now made the transition into a higher trading band and a sustained improvement in demand should continue eating into excess inventories. The chances of oil [...]
On women, work and savoir faire October 25, 2009 MEETING the author of French Women Don’t Get Fat, the bestselling diet book, is a rather daunting prospect for someone who is neither particularly thin nor remotely French – certainly not when it comes to Gallic standards of stylishness. I expected Mireille Guiliano to be scary – judgmental, fearfully immaculate and devastatingly tiny. I was [...]