London must learn from New York’s woes and build more homes November 6, 2013 ONE of the perennial myths about this country is that we are somehow uniquely keen on home-ownership and are culturally averse to renting. That’s nonsense: 70.7 per cent of those who live across the EU’s 27 member states are owner-occupiers, against just 64 per cent (and falling fast) in England and Wales. Having risen from just [...]
New York Report: Microsoft helps Dow to close at a record high November 6, 2013 THE Dow industrials closed at a record high yesterday, led by gains in Microsoft and encouraging European economic data, while the S&P 500 also rose but closed shy of its own record. Meanwhile the Nasdaq fell, hurt by losses in Tesla Motors and as investors readied for Twitter’s much-anticipated IPO. The benchmark S&P 500 rose [...]
Geek Speak: Hands-on review: The iPad Air November 6, 2013 @steve_dinneen iPad Air From £399 for 16GB wi-fi only Five stars Every time Apple releases a new version of the iPad, it gets harder to review. Here’s a good starting point: the iPad Air is the best tablet in the world. That’s not even a subject for debate, unless you’re the most ardent of Android [...]
IMF’s man is coining it in Greece November 5, 2013 IT’S an interesting way to pay one’s debts. A protester in Greece was detained yesterday for throwing a fistful of coins at an International Monetary Fund representative as he walked into a meeting with the finance ministry in Athens. Poul Thomsen, part of the IMF’s delegation in Greece’s troika of creditors, managed to avoid the [...]
HTC says cost cuts will bring it back to profit November 5, 2013 SMARTPHONE maker HTC said yesterday it plans to slash costs by nearly a quarter and sell cheaper devices in a bid to bounce back to profit between this quarter. Under pressure in a market dominated by Apple and Samsung Electronics, the company warned revenue for the fourth quarter will fall up to 15 per cent [...]
BlackBerry boss ousted as deal crumbles November 4, 2013 TROUBLED smartphone maker BlackBerry took yet another turn for the worse yesterday after its $4.7bn sale to a consortium of buyers collapsed, and the company announced its chief executive would resign. The consortium of bidders led by Fairfax Financial will instead throw the company a $1bn lifeline investment, in return for seven-year loan certificates in [...]
What the other papers say this morning – 05 November 2013 November 4, 2013 FINNACIAL TIMES Food prices face sting from bee decline The demise of the humble honey bee has long been bemoaned by naturalists. Now it is alarming traders as it threatens to send prices of nutty snacks and sweets sharply higher, as California’s almond orchards are hit by a decline in bee colonies. Morsi defiant as [...]
Diet Expert: How eating high-protein foods can help you conquer the 5:2 diet November 4, 2013 THE 5:2 diet, which evolved from the concept of intermittent fasting, has has been growing in popularity as an effective method of weight loss and weight management. Earlier, intermittent fast regimens such as the alternate fast day consisted of a “feed day” alternated with a “fast day”. A 24-hour total fast is quite challenging, so [...]
Sony slashes profit outlook on bad TV sales October 31, 2013 SONY cut its full-year profit targets yesterday after slipping to a quarterly net loss as its recovering TV operation relapsed into the red. The Japanese electronics-maker’s worse-than-expected performance, a setback after years of striving to return to its former glories, also featured weak sales of video cameras and a steep slump in personal computers in the [...]
Modern drawing room farce disappoints, despite strong cast October 31, 2013 THEATRE RAVING Hampstead Theatre | Two stars I THOUGHT you didn’t agree with stereotypes?” says Keith to his wife Briony. “You’ve restored my faith in them,” she fires back, stingingly. Actor and playwright Simon Paisley Day obviously has plenty of faith in them, too – the whole of Raving is built on them. Keith (Barnaby [...]