London Sports Festival moves from 3×3 basketball success to pickleball at the City of London Corporation’s Guildhall Yard
What the other papers say this morning – 12 September 2013 September 11, 2013 FINANCIAL TIMES Libor control to remain in London Brussels has ditched its plan to put the scandal-mired Libor lending rate under the direct control of a European supervisor in Paris, in a concession that removes a serious political nuisance for Britain. Early drafts of the European Commission regulation, which is to be unveiled next week, [...]
Arm boosted by Apple’s latest iPhone line up September 11, 2013 SHARES in semiconductor manufacturer Arm Holdings jumped four per cent yesterday, spurred by excitement surrounding Apple’s new smartphone lineup announced on Tuesday. Arm’s processors will be used in the new iPhone 5s that uses high end chips to power a phone with more than double the speed of the previous generation iPhone. Mike van Dulken, [...]
Sales force cut at struggling BlackBerry September 11, 2013 STRUGGLING smartphone maker BlackBerry has cut dozens of sales staff from its US office in a sign of further decline in the company. BlackBerry has struggled in recent years to compete with rival smartphones from Apple and Google. On Monday it was reported that Fairfax Financial, BlackBerry’s largest shareholder, had approached several Canadian investment funds [...]
London Report: Arm’s advance helps to steady FTSE 100 index September 11, 2013 BRITAIN’S blue-chip equity index ended flat yesterday as chip-maker Arm Holdings, boosted by the launch of Apple’s latest iPhone, helped offset profit-taking on DIY retailer Kingfisher after its results. Shares in Arm rose 4.8 per cent in volume one-and-a-half times its 90-day average a day after partner Apple unveiled a new smartphone using the Cambridge-based [...]
New York Report: Wall St rises as Obama helps calm Syria fears September 11, 2013 US stocks closed higher yesterday, with the S&P 500 up for a seventh straight day, as geopolitical fears eased amid diplomatic efforts to allow Syria to surrender its chemical weapons, averting a US military strike. The Nasdaq composite index ended slightly lower on a sell-off of Apple shares. Market nervousness abated as US President Barack [...]
The 5S: Apple goes for gold September 11, 2013 New features of the tech giant’s latest smartphone, reviewed by Melissa York APPLE unleashed its newest smartphone at an international launch in Berlin this week to an audience eager to hear about the latest innovations from the world’s most secretive technology company. Here, we unravel the hype and review the main new features of the [...]
Plastic fantastic: Apple hopes iPhone 5C will crack international markets September 11, 2013 APPLE CEO Tim Cook told the audience at Apple’s live-streamed launch that the company was thriving and looking forward to shipping their 700 millionth iOS device next month. But South Korea’s Samsung is leading the way with around 30 per cent of the market share worldwide. Apple is lagging behind in second with around 18 [...]
London investors feeling left out as Verizon’s sterling bond plans are scrapped September 11, 2013 Verizon's $49bn (£31bn) is already the largest investment grad corporate bond sale on record, dwarfing the former title spot (held by Apple's $17bn (£11bn) issuance). There's been such strong demand that Reuters reports that planned euro and sterling offerings have been scrapped. The final size was at the top end of the $45-$49 billion range [...]
Analysts think Apple has gone rotten: Three banks downgrade to neutral September 11, 2013 A disappointing reveal from tech giant Apple last night has seen analysts downgrade their buy recommendations in the company's stock to neutral. No surprises last night despite promises from chief executive officer Tim Cook in May last year that security was being ramped up. Crucially, Apple's budget iPhone 5C turned out to not be that [...]
Apple squares up with new phones September 10, 2013 APPLE last night unleashed its latest salvo in the smartphone war with the launch of the updated iPhone 5s and a lower-cost, brightly coloured iPhone 5c, making its first move into the competitive mid-range market. Despite Apple’s senior vice president Phil Schiller dubbing the iPhone 5s “the most forward-thinking phone perhaps anyone has ever made,” [...]