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  • BEST of the BROKERS

    April 11, 2012

    BT GROUP JP Morgan Cazenove has downgraded the telecoms group from “overweight” to “neutral” following a strong share price performance that has seen it rise by 20 per cent over six months, compared to a drop of five per cent across the European telecoms sector. The broker sees revenue risk in both the full year [...]

  • The economics of the airline industry are sheer hell

    April 10, 2012

    AVIATION has changed massively since the era of Pan Am, a byword for style and sophistication in its 1960s heyday. The once besuited passengers have been replaced by an understandably angry mob, fighting to fit their suitcases into fluorescent-coloured over-head cabins. It is out with the caviar and freshly cooked roast beef and in with [...]

  • Gunners to put final nail in City’s title bid

    April 4, 2012

    ARSENAL vs MANCHESTER CITY Sunday – 4.00pm Sky Sports 1 ROBERTO Mancini could be forgiven for playing Oasis’s ‘Where Did It All Go Wrong?’ on repeat on his iPod. Just over a month ago Manchester City were still five points clear of local rivals Manchester United, but now, with only seven games to go, they [...]

  • McIlroy is ready to banish memories of Augusta nightmare

    April 4, 2012

    U.S. MASTERS From today, 3.45pm – Sky Sports 1, from 7pm TALK of the 76th US Masters being the best ever before a ball has even been struck is a tad optimistic but the ingredients are nevertheless all there for a classic tournament. All the big names seem to have peaked at precisely the right [...]

  • Sun setting on Murdoch’s time at family firm

    April 4, 2012

    JAMES Murdoch’s departure from the top job at BSkyB will have little effect on the broadcaster’s business, analysts said yesterday. Jeremy Darroch, the chief executive, and Nicholas Ferguson, who has stepped up to head the board, will provide continuity so the strategy is unlikely to change. Murdoch will remain on the board, representing News Corporation’s [...]

  • PROFILE: NICHOLAS FERGUSON MOVES TO THE HOT SEAT

    April 4, 2012

    AS an art-loving City veteran who has held a series of senior positions in private equity, Nicholas Ferguson’s pedigree could not be more different to that of James Murdoch, the transatlantic former whiz kid. Ferguson (right) is, however, trusted by the Murdoch family and that partly explains why he has been elevated at Sky. He [...]

  • Sky falls in on James Murdoch

    April 4, 2012

    JAMES Murdoch yesterday resigned as chairman of BSkyB with immediate effect, just weeks after stepping down from News International to concentrate on his television businesses. After almost a decade on the Sky board, Murdoch yesterday announced to fellow directors that he felt “this is the right time to step aside… as attention continues to be [...]

  • Watching the skies for signs of another Swiss franc intervention

    April 3, 2012

    EVER since the Swiss National Bank (SNB) steamrollered the FX market in September last year, traders have been nervously watching for signs that it is preparing another move. But just how likely is this? As European financial woes rumbled on, investors took flight into the safety of the Swiss franc, rapidly strengthening it against the [...]

  • Honeymooning for one in the Maldives

    April 1, 2012

    GOING on holiday alone is one thing. Going on holiday alone to the world’s foremost couples’ destination is rather another. I wasn’t off to backpack around the villages of the Himalayas or go down and out in Bangkok and Hanoi, bumping into new people and places every five minutes. No: I set off on a [...]

  • Hotel for all seasons at idyllic South Sands in Salcombe

    April 1, 2012

    Twenty minutes’ walk from Salcombe, the year-old South Sands hotel sits on its own beach: a perfectly secluded spot and just what posh old Salcombe needs. There’s a New England charm to the hotel – white-picket chic but unstuffy and airy – alongside a friendly laid-back feel from the Antipodean staff, who are unassumingly and [...]

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