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 February 14, 2013 FINANCIAL TIMES JPMorgan’s Gulati launches fund JPMorgan’s global head of equity proprietary trading is quitting to set up a hedge fund in Switzerland in what will be the first prominent launch of a fund since several bank spinouts floundered last year. Deepak Gulati, once one of the bank’s star traders, will launch Argentière Capital probably [...]
This is 40 minutes too long February 14, 2013 FILM THIS IS 40 Cert 12A ** Half-way through Judd Apatow’s latest, This Is 40, a woman accuses Debbie (Leslie Mann) and Pete (Paul Rudd) of looking like a couple from a bank advert. Its one of the better jokes, not least because it highlights the fundamental problem with the film. Debbie and Pete are [...]
What the other papers say this morning February 13, 2013 FINANCIAL TIMES Hedge funds win big on yen bets Hedge fund giants have made billions betting against the yen in recent months, marking a return to form for some blue-blood investors that stumbled after the financial crisis. Managers who speculate on economic shifts by trading currencies, bonds and derivatives have reaped their biggest gains in [...]
Capital Idea: Tech views February 13, 2013 MICHAEL ACTON SMITH CHIEF EXECUTIVE OF MIND CANDY “We are proud to be a British company and love being based in London. We welcome these new initiatives to make the London financial markets more attractive to the many fast growth tech companies that are based here.” ERROL DAMELIN CHIEF EXECUTIVE OF WONGA “If we want [...]
US corporate results round up February 13, 2013 Deere results beat forecasts on strong farm demands DEERE & Co, the world’s largest farm equipment maker, reported first-quarter results above analysts’ expectations yesterday as farmers geared up to plant the biggest corn crop in US history following the worst drought in the US Midwest in 56 years. The company also raised its forecast for [...]
What 2013’s top gadgets might look like (we really, really hope) February 13, 2013 iPad 5 The last generation iPad was a small improvement on the iPad 3. Expect the next one to be lighter and thinner, and some analysts think it could shave 17mm from the width and 4mm from the height. It is also likely to feature a far smaller bevel, more akin to the iPad Mini. [...]
“We’ve never been stronger” – Tim Cook says Apple is at top of its game February 12, 2013 APPLE chief executive Tim Cook sounded a bullish note at a Goldman Sachs event yesterday, reassuring investors that “limit” was not a word in his vocabulary, and that the firm remained a “centre of innovation”. Speaking ahead of the bank’s annual technology and internet conference, Cook acknowledged the lawsuit brought against the firm by David Einhorn’s [...]
Blackberry falls as Home Depot chooses iPhone February 11, 2013 SHARES in Blackberry plummeted by as much as six per cent during early trading yesterday, after one of the US’s biggest retailers said it was replacing its employee handsets with Apple’s rival iPhone. A spokesman for DIY-chain Home Depot said as many as 10,000 of its management and corporate employees would switch their Blackberry models [...]
Australia calls up tech giants February 11, 2013 APPLE has been ordered to appear before Australia’s parliament with fellow technology giants Microsoft and Adobe Systems to explain why local consumers pay so much for their products, despite the strong Aussie dollar. Broadening a row between the world’s most valuable company and Australian politicians over corporate taxes paid on Apple’s operations, Apple executives were [...]
US markets are quiet after six weeks of gains February 11, 2013 US stocks ended a quiet session with slight moves yesterday as investors found few reasons to keep pushing shares higher following a six-week advance, though the longer-term trend was still viewed as positive. The benchmark index is up more 6.4 per cent in 2013, putting both the S&P 500 and Dow industrials near multi-year highs. [...]