Miami vice: $60m for ultimate pad November 3, 2011 AN almost comically opulent property in Miami’s private Indian Creek Village is soon to come to market. The home, 3 Indian Creek, neatly shows that when it wants to be, America still means bigger and better. Courageously out of sync with high unemployment and a fresh wave of economic woe, this house is an unapologetic [...]
Greek PM to scrap referendum November 3, 2011 Greece’s Prime Minister has said that the referendum on the the Eurozone bailout plan will no longer go ahead – and it was never his intention for it to happen. “The referendum was never an end in itself,” George Papandreou told the cabinet according to statements released by his office and reported by Sky News. [...]
Time to reach for the stars: Britain’s new space industry has the potential to blast off November 2, 2011 SIR RICHARD Branson opened the world’s first commercial spaceport last month. As his new venture Virgin Galactic recognises, space is an industry where the sky’s not the limit. For too long the domain of superpower rivalry between America’s Nasa and Russia’s Federal Space Agency, space is now giving way to the private sector, funded by [...]
Terra Firm set to leave RBS aviation sale November 1, 2011 TERRA Firma, the private equity firm run by Guy Hands, looks set to lose its place in the next stage of RBS’s £4bn auction of its aircraft leasing arm. The firm is not expected to improve its current bid in order to make it to the next round of the auction, Sky News reported last [...]
Garcia’s glory caps Europe’s stunning year October 31, 2011 IT HAS been a momentous year for European golf to say the least and Sergio Garcia’s return to winning ways is certainly among one of the many highlights. For its poignancy, and to an extent the surprise nature of it, you’d be hard pressed to look past Darren Clarke’s achievement of winning The Open as [...]
Exiles explore idea of staging Premiership match in Boston October 31, 2011 PREMIERSHIP side London Irish have announced they are exploring the possibility of following the lead set by capital rivals Saracens and hosting a fixture abroad. In a bid to open fresh revenue streams, the Exiles have already identified Boston, Massachusetts as a potential location to stage a Premiership or Heineken Cup tie. Last season Wasps [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 31, 2011 FINANCIAL TIMES SHARE PRICE VOLATILITY CARRIES A HEART RISK FOR MARKET WATCHERS Sharp moves in stock markets are closely correlated with a rise in heart attacks, according to a new analysis of studies in the US and China. Two recent academic articles have found a link between equity trends and coronary heart disease, suggesting that [...]
Qantas starts flights after union ruling October 31, 2011 QANTAS Airways planes returned to the skies yesterday morning, after the Australian firm grounded its entire global fleet over the weekend to force the government to intervene in the nation’s worst labour dispute in a decade. Shares in the firm jumped 4.3 per cent yesterday after a labour tribunal, at the government’s request, ordered Qantas [...]
The books that can change a business life October 30, 2011 THOMAS Jefferson once said: “books constitute capital,” and considering all entrepreneurs are after that, we thought we’d ask five successful business owners what books spurred them on in the early days. Here are their answers. TAREK NSEIR, TH_NK THE DESIGNFUL COMPANY: HOW TO BUILD A CULTURE OF NONSTOP INNOVATION BY MARTY NEUMEIER Nseir says that [...]
Batten down the hatches: Main St. braves the storm October 30, 2011 THREE months after the debt ceiling wranglings on Capitol Hill that drove S&P to downgrade America’s AAA rating, there have been some chinks of light shining through the grey clouds that until now have enveloped the US economy. Figures released last week by the US Commerce Department indicated that the US economy had grown by [...]