Apple’s shares pass $500 for the first time February 13, 2012 APPLE’S shares topped $500 for the first time ever yesterday, in a new milestone that underscores the technology giant’s place as the world’s most valuable company by market value at around $460bn. The company’s shares have surged by more than 20 per cent so far this year, after the success of its iPhones and iPads [...]
Google gets EU and US green light over Motorola takeover February 13, 2012 GOOGLE has won the approval of US and European regulators for the $12.5bn (£7.9bn) purchase of Motorola Mobility. Both the US Justice Department and European antitrust authorities both warned, however, that they would monitor how patents are used to ensure they comply with antitrust rules. Antitrust enforcers on both sides of the Atlantic are concerned [...]
US stocks rise and Apple hits its peak February 13, 2012 US stocks rose yesterday, with the S&P 500 near seven-month highs, after Greece’s parliament approved reforms needed to qualify for a bailout and avoid an unruly default. Apple shares closed above $500 for the first time after a gain of 1.9 per cent, leading the Nasdaq Composite to close at a more than 11-year high. [...]
THE HUNT FOR YIELD HAS LED INVESTORS TO APPLE February 13, 2012 FX 360 ONE of the absolute truths of the current investment climate is that investors are desperate for yield. With both the Federal Reserve and the European Central Bank emulating the Bank of Japan by keeping rates at near zero per cent for the foreseeable future, savers have become starved for return. For example, in [...]
Apple seeks Samsung injunction February 12, 2012 Apple has asked a California court to issue a preliminary injunction to block sales of Samsung’s new Galaxy Nexus smartphone, alleging the device infringes four Apple patents. The move marks another escalation of the legal battle between the world’s top two sellers of smartphones, with Apple re-focusing its arguments to account for Samsung’s rising position [...]
Partnerships are all about finding the right person February 12, 2012 JUST a decade ago, the idea of going beyond family and friends to help find one’s significant other would be greeted by a mixture of confusion, curiosity and pity. However, times change and the plethora of introduction or dating agencies have expanded apace. Tomorrow is Valentine’s Day – and of course entrepreneurs have stepped in [...]
Modest gains for Wall Street stocks February 9, 2012 US stocks rose modestly for a third straight day yesterday after Greece reached a deal to secure a financial bailout, but investors were cautious after weeks of gains. Tech shares, led by Apple, gave a lift to the Nasdaq index and were the session’s strongest sector. Skepticism that Greece would follow through on promised austerity [...]
GOING OUT February 9, 2012 EARLY 2012 openings are showing plenty of promise. Take Galante on South Ken’s Sloane Avenue. After a beefy expansion, Gaucho is opening its first cocktail bar. Inspired by Argentina’s gilded era, staff at the Art Deco-inspired Galante don traditional white jackets or chic lamé dresses to serve guests while the drinks are mostly classic South [...]
Nokia slashes 4,000 jobs as it shifts all assembly lines to Asia to cut costs February 8, 2012 STRUGGLING Finnish phone maker Nokia plans to cut 4,000 more jobs at its plants in Finland, Hungary and Mexico as it seeks to cut costs by moving phone assembly work to Asia. The cuts of eight per cent of the workforce bring total planned job cuts at the group since Stephen Elop took over as [...]
Blow your mind with mega bass February 8, 2012 Headphones are about more than sound quality – make a statement with some of the most stylish musical headgear on the planet AKG REFERENCE HEADPHONES £499 akg.com If you want to stand out in a crowd, these mean, green sound machines are the headphones for you. SKULLCANDY HESH NBA THUNDER £55 uk.skullcandy.com Good sound quality [...]