FOOTBALL TRADER BEN CLEMINSON ANALYSES THIS EVENING’S NORTH LONDON DERBY April 19, 2011 TOTTENHAM vs ARSENAL 7.45PM SKY SPORTS 1 THERE are always key defining moments in any Premier League title race and Liverpool’s 10th minute injury time penalty has surely put the final nail in the coffin of Arsenal’s challenge. It was a heartbreaking ending for the Gunners and they now need to pick themselves up for [...]
Trading arm is the key to miner’s value April 18, 2011 NEGOTIATIONS over Glencore’s valuation are set to focus on the mining giant’s trading arm as commodity investors worry about the possible departure of key traders and the intangible nature of the people side of the business. “When you have hard assets you know the price for a metal and on that basis you are able [...]
£48bn: The value bullish brokers have given to Glencore April 17, 2011 GLENCORE could be worth up to a fifth more than previously thought, according to bullish estimates by analysts, pushing its market cap value up to $78bn (£47.8bn) if it floats successfully in May. Analysts at Barclays Capital and Credit Suisse – both of which are on the deal – have suggested that the commodities trader [...]
Cameron: No UK ground troops for Libyan war April 17, 2011 LIBYAN rebels came under fire on the outskirts of Ajdabiyah yesterday, forcing them eastwards and denting hopes of an end to the war’s stalemate. One witness said he saw around a dozen rockets land near the western entrance to town, which rebels wanted to use as a staging post to retake the oil port of [...]
Hammerson chair for Lloyd’s April 14, 2011 John Nelson, chair of FTSE?100 property company Hammerson, is believed to be a front-runner for the role of chairman of Lloyd’s of London, the UK’s biggest insurer. The firm’s current chair, Lord Levene, will step down this year, leaving vacant a post that is seen as an ambassadorial role for the British insurance industry. Nelson [...]
STOCK EXCHANGE VET TO STAGE WEST END MUSICAL COMEBACK April 14, 2011 THE Stock Exchange Veterans dinner last night had the largest turnout in its 15-year history, with 470 brokers out in force at The Brewery. The event’s organiser Bill Sharp, head of institutional sales at Alexander David, was delighted to “see so many old friends”, including Ron Martin, chairman of Southend United FC, Brian Winterflood of [...]
Spotify slashes the amount of free music available to its army of users April 14, 2011 MUSIC streaming site Spotify faces a fan backlash after announcing it will slash the amount of free music available to new users. The Swedish firm, which was recently valued at more than $1bn (£612m), will limit users of its free service to just 10 hours a month – half the current allowance. It will also [...]
Glencore names Simon Murray new chairman April 14, 2011 Commodities giant Glencore has announced its new chairman amid a morning of controversy that saw former BP chairman Lord Browne widely but wrongly flagged to take the position. Simon Murray, executive chairman of fund manager General Enterprise Management Services International (GEMS) and former Hutchison Whampoa group managing director, is the new non-executive chair of the [...]
A spa for all seasons, particularly summer April 11, 2011 WHEN a Four Seasons opens, you can count on a bit of fanfare – some state-of-the-art design, some standard-setting opulence. When it reopens in London after a refurb costing £100m, your expectations can be even higher. Rooms, foyer, bar, restaurant and spa all have their own horns to toot. In the case of the Four [...]
The George Hotel 4* April 11, 2011 In the heart of lively St. Julians, The George is in a fabulous location for enjoying the playful side of Malta. The hotel itself has a stylish ‘urban boutique’ feel to it, and by that we mean it’s fresh, sleek and cool. For a real taste of the high life you can kick-back on the [...]