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 – 2 August 2013 August 1, 2013 FINANCIAL TIMES Google unveils iPhone challenger Google unveiled the Motorola Moto X smartphone yesterday, its latest attempt to leapfrog Apple’s iPhone – this time with a device packed full of sensors and processors that will allow the phone to anticipate its user’s intentions. The Moto X, which will cost $199 (£131.41), is the first smartphone [...]
New York Report: Dow and S&P climb to fresh record highs August 1, 2013 THE DOW and S&P 500 ended at record highs last night, with the S&P 500 rising above 1,700 after strong data on manufacturing-sector growth and as central banks said they would keep monetary stimulus in place for now. Stocks were broadly higher, with all 10 S&P 500 sectors in the black, though growth-sensitive financials, industrials [...]
Top gadgets to take on your holidays July 31, 2013 Travelling can be far easier if you have the right technology in your suitcase STOCK up on these essential gadgets to avoid the holiday pitfalls of dead batteries, communications black-spots and gigantic roaming charges. 1. Loewe Speaker 2Go £269; currys.co.uk This brilliant portable speaker will connect wirelessly with your phone, giving you top [...]
Goldman suggests Obama may reduce tax on repatriation of corporate cash stockpiles July 31, 2013 Goldman Sachs have suggested that Obama's new tax scheme could signal support for the low-tax repatriation of foreign profits. The bank's comment team has listed 50 S&P500 companies with as much as $1.8 trillion (£1.2 trillion) invested overseas in 2012. Here's the list of the companies with the most assets overseas, by Goldman's reckoning: General [...]
Letters to the editor – 31/07 – Green policies, Tax relief, Best of Twitter July 30, 2013 Green policies [Re: Ruinous green policies mean rising profits for UK energy companies, yesterday] I live in Wyoming County of New York State, where we already have 250 430 foot wind turbines, with 58 more due this summer. Those who live within the footprint of these wind factories have seen the value of their homes plummet. [...]
What the other papers say this morning – 30 July 2013 July 29, 2013 FINANCIAL TIMES US funds return to European banks US money market funds have nearly doubled their allocations to European banks over the past 12 months, in a sign of improving investor sentiment towards the region. In the first half of the year, the 10 biggest US money market funds allocated about 15 per cent of [...]
Apple supplier in China accused of 86 labour rights violations July 29, 2013 A New York-based rights group has reported three factories making Apple products in Shanghai and Suzhou enforce unpaid overtime and employ minors among other violations of Chinese regulations (release). China Labor Watch says Pegatron, which assembles iPads and iPhones at factories in China, were found to be “violating a great number of international and Chinese [...]
iPhone discounts help Apple in battle for smartphone market July 28, 2013 APPLE is regaining ground in the battle for control of the UK smartphone market after cutting the cost of its iPhone 4, according to research released today. Kantar Worldpanel ComTech found that almost a third of British purchasers chose products running Apple’s iOS software in the three months to June 2013, up five per [...]
Battle of the online giants: Why Facebook continues to surprise its many critics July 25, 2013 BEFORE Facebook surprised the market with a 53 per cent rise in second quarter revenues to $1.8bn (£1.2bn), the social network had had a wretched few months. It was forced to admit it hands data to the US National Security Agency – stirring up privacy concerns. In May, Nissan and Nationwide pulled ads after they [...]
Inside Track: All bets on Ross McEwan as field of candidates for RBS narrows July 24, 2013 AND then there was one. The search for Stephen Hester’s successor as chief executive of Royal Bank of Scotland (RBS) was never going to be straightforward – George Osborne put paid to that prospect by engineering the current boss’s removal last month. So it was hardly surprising that Mark McCombe, the former HSBC executive who [...]