Blackberry’s Lazaridis quits chief executive role January 23, 2012 Research In Motion’s Mike Lazaridis and Jim Balsillie have bowed to investor pressure and resigned as co chief executives, handing the top job to an insider with four years at the struggling BlackBerry maker. Thorsten Heins, a former Siemens AG executive who has risen steadily through RIM’s upper management ranks since joining the Canadian company [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 19, 2012 FINANCIAL TIMES LOBBYISTS’ REGISTER UNVEILED Proposals to force all lobbyists to join a compulsory register will be set out on Friday as the government moves to toughen the regime for the industry. Launching a consultation on the sector’s governance, ministers will also take views on opening up the register to include other groups that seek [...]
Kodak snaps and files for bankruptcy January 19, 2012 KODAK’S moment has come to an end, as the company yesterday admitted defeat in the face of an increasingly digital age by filing for chapter 11 bankruptcy protection. Citigroup has thrown the dwindling company a $950m (£614m) lifeline to support Kodak through its ongoing operations, which will continue despite the bankruptcy application. Kodak subsidiaries outside [...]
Sony Ericsson plunges into loss January 19, 2012 Sony Ericsson posted a quarterly loss that missed all forecasts after losing in the battle for smartphone sales in the key year-end period, showing the challenge for Sony as it prepares to take full control of the joint venture. The world’s ninth-biggest handset maker, which got left behind in the boom that powered smartphone growth [...]
The good, the bad and the ugly from Las Vegas January 18, 2012 The dust is settling after what turned out to be something of a damp squib at the Consumer Electronics Show. The ultrabook (read: thin laptop) was king, with most manufacturers launching rivals to Apple’s lauded MacBook Air. Mobile had a big presence but hero releases were thin on the ground – perhaps waiting for Mobile [...]
Why prejudice cannot pay off in the long run January 17, 2012 OVER the last year, the number of executive directors of FTSE 350 firms who are women has decreased from 45 to 43, about 5 per cent of the total. The revelation of this fact on Monday prompted complaints about “under-representation”, “glass ceilings” and “boys’ clubs”. The Liberal Democrat peer, Lord Oakeshott, even claimed that “British [...]
Tom Aikens’ return is a hit January 16, 2012 Tom Aikens Restaurant 43 Elystan St, SW3 3NT T: 020 7584 2003 FOOD ***** SERVICE ***** ATMOSPHERE **** Cost per person without wine: £90 Popular culture can be a depressing economic barometer. In the 90s and early 2000s British music was all working-class swagger and barefaced ambition. It was a time when it didn’t seem [...]
Sleeping tight in NYC January 15, 2012 NOBODY needs an excuse to go to New York; the Big Apple is one of the few cities in the world to match London for sheer breadth of sights to see, entertainment to sample and scenes to explore. But the opening of a sprinkling of new high-class hotels that demand to be visited is as [...]
Kalanisi just what the Doctor ordered January 12, 2012 TOMORROW’S William Hill Lanzarote Hurdle at Kempton (2.50pm) was won by Martin Pipe’s Make A Stand in 1997 before he went on to land the Champion Hurdle as a novice two months later. There are no Champion Hurdlers in tomorrow’s line-up, but the first place to start is with David Pipe’s Decoy who was an [...]
MARIO’S BEMUSING MUSINGS ON BEAUTY January 11, 2012 THE GREAT Pyramids of Giza? An ugly pile of weirdly-angled rocks. The Statue of Liberty? Just a rusty shard of copper wearing a silly hat. The Colosseum in Rome is still far too paltry a landmark, but at least we’re getting warmer geographically. No, for the human race’s biggest achievement, one must go to Brussels. [...]