Osborne must show his true colours June 15, 2010 THERE will be plenty of banker-bashing from George Osborne when he delivers his first Mansion House speech to the City tonight. The audience of movers and shakers will barely notice; financiers are used to the abuse by now. Most of the proposals have been well trailed: a new levy on balance sheets (which could raise [...]
CITY MOVES | WHO’S SWITCHING JOBS June 15, 2010 City Index The spread betting firm has appointed Sandy Jadeja as its new chief technical analyst. Jadeja has 23 years of experience in technical analysis, trading psychology and global financial markets commentary. Prior to joining City Index, he was the chief market strategist at FX-focused trading platform provider Capital Market Services. He has also worked [...]
Growing calls for Cameron to support BP June 10, 2010 THERE were growing calls for David Cameron to throw his weight behind troubled oil major BP last night, but the Prime Minister appeared to side with the American government. London mayor Boris Johnson broke ranks to hit out at “the anti British rhetoric… permeating from America” and said the matter was of “great concern” because [...]
BP hopes to double oil captured June 7, 2010 EMBATTLED oil major BP could soon siphon off up to 20,000 barrels a day from its leaking well in the Gulf of Mexico – twice the amount it is currently collecting. US Coast Guard Admiral Thad Allen, who is leading the operation for the American government, said that BP could contain twice as much oil [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 3, 2010 Financial times TNK-BP STEP UP SALE OF GAS FIELD TNK-BP, BP’s Russian joint oil venture, ratcheted up the pressure for a sale of its vast Kovykta gas field on Thursday, announcing that it was pushing the unit that owns the licence to the field into bankruptcy. The move raises the stakes over the future of [...]
Sizzling Stosur reaches first slam final June 3, 2010 THE women’s game will have a new Grand Slam champion tomorrow after Sam Stosur and Francesca Schiavone booked their places in the final at Roland Garros. Australian Stosur, the No7 seed, continued her outstanding French Open with a 6-1, 6-2 trouncing of former world No1 Jelena Jankovic. Schiavone was handed an even easier path when [...]
Schiavone turns on style to reach Roland Garros last four June 1, 2010 FRANCESCA SCHIAVONE produced the performance of her life to stun world No3 Caroline Wozniacki and become the first Italian woman to reach a Grand Slam semi-final in 56 years. The 29-year-old dominated from start to finish, outgunning the Danish teenager with a powerful all-round game before coming though 6-2, 6-2 at a rain-sodden Roland Garros. [...]
Foreigners join FTSE 100 May 31, 2010 THE FTSE 100 will become even more multinational next week when up to three more foreign firms are promoted into the blue-chip index. Indian oil and gas firm Essar Energy is a racing certainty to step into the prestigious list of the top 100 UK-listed firms by market capitalisation. Gold miners African Barrick Gold and [...]
BP shares set to fall after plug bid fails May 31, 2010 SHARES in BP are expected to plummet today as news of the failed “top kill” attempt to stem the leak of oil into the Gulf of Mexico hits the UK and US markets when they re-open after the long weekend. Analysts predict that should the markets remain stable, it is likely that BP shares will [...]
200-up Nadal on course to reclaim title May 31, 2010 RAFAEL NADAL buried his French Open demons to chalk up his 200th victory on clay and waltz into the quarter-finals at Roland Garros. The four-time champion suffered a shock defeat to Robin Soderling at this stage last year, but never looked in any danger of repeating the feat, comfortably beating young Brazilian Thomasz Bellucci in [...]