Hedge fund stars toast top January February 6, 2012 STAR traders Crispin Odey and Pierre Lagrange led a recovery for the beleaguered hedge fund industry in January as European bank stocks soared 10 per cent. The Odey European fund, which fell 20 per cent in 2011, is up 14 per cent so far this year after taking a bullish stance on banks and the [...]
Ski like an amateur, race like a professional February 5, 2012 THREE, two, one, the race countdown began, as my heart knocked treble-time. With my ski racing bib on, adrenalin pumping, I was staring down a steep, crisply-groomed slope, preparing to race it in my first ever downhill speed run. Then the horn sounded and I was off. I skated a few steps to pick up [...]
Meet the enchanting new Peugeot January 31, 2012 Hybrid cars have been on sale in Europe for a while now. Toyota, Honda, VW and even Porsche all sell hybrid versions of their cars that improve on fuel economy by supplementing their petrol engines with electric motors. Until now, such cars have made the most sense for North America or other regions that don’t [...]
HERE’S ONE THEY DIDN’T PREPARE EARLIER: GAMES SHOW STALLS January 30, 2012 BE PREPARED – such an important quality. Especially when you are planning a large-scale sporting event that will bring widespread chaos – sorry, a million extra economy-boosting visitors – to the capital. But panic not, because the organisers of the London Olympics have got it all under control with an £8.8m strategy to help the [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 26, 2012 FINANCIAL TIMES OUTSOURCER SERCO TO CUT 500 JOBS Serco, the FTSE 100 outsourcer, is to overhaul its management structure, axeing at least 500 jobs, as it adapts to tougher market conditions in the UK, according to people close to the company. The group, which runs services including London’s bicycle hire scheme and four prisons, is [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 22, 2012 FINANCIAL TIMES EU PLANS RAISE HOME FORECLOSURE RISK UK homeowners could face higher mortgage costs and find themselves at greater risk of foreclosure as early as next year because of an obscure clause in the bank capital directive being worked on by the European parliament. US FUNDS RETURN TO EUROPEAN BANK PAPER US money market [...]
Djokovic dominance to continue in Melbourne January 12, 2012 AUSTRALIAN OPEN Does anyone fancy Novak Djokovic to better his incredible 2011 season? The Serbian won three Grand Slams, a record-breaking five Masters 1000 titles and 10 tournaments overall. He earned over $12 million last year alone, the same as fifth-ranked David Ferrer’s career earnings. Djoko’s achievements are no less impressive when you remember that [...]
I’LL BEAT THE DROP January 10, 2012 Mark Hughes promises to focus on short-term challenge of survival after being confirmed as manager of struggling QPR NEW Queens Park Rangers manager Mark Hughes insists the club cannot afford to look beyond preserving their Premier League status despite the ambitious plans of owner Tony Fernandes. Hughes’ appointment as Neil Warnock’s successor was confirmed yesterday [...]
Sports Direct hits out at Blacks January 10, 2012 Sports Direct has hit out at suppliers to Blacks Leisure for its failure to acquire the retailer, which was bought by its rival JD Sports this week. The firm said the deal was “disappointing” given its own bid for Blacks Leisure in 2010 being marked as “wholly inadequate”.
Our schools must be open to business so we can have a bright economic future January 10, 2012 NOW that pupils are back at school, it’s time to help them get down to business. One key question they need to be asked is: “Hands up who wants to go into business?” Their answer will not only shape the life chances of millions of young people, but will also have a dramatic impact on [...]