Plans for Greece lift US sentiment September 26, 2011 US stocks rose yesterday as sentiment swung toward hope European officials would find a way to cut Greece’s debt and shore up European banks. Shares rallied to session highs in the afternoon after a report said a plan to leverage money from the European Financial Stability Facility was in the works. Investors were reluctant to [...]
The lightest dinner out in town September 26, 2011 Galoupet 13 Beauchamp Place, SW3 1NQ 0207 036 3600; www.galoupet.co.uk FOOD *** SERVICE **** ATMOSPHERE *** Cost per person without wine: £40 THERE is so much that is pleasing about Galoupet. It looks like the kind of place you’d find in one of those super-cool northern European cities like Malmo or Arrhus, frequented by thin-legged [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 25, 2011 FINANCIAL TIMES US TAX AUTHORITIES TARGET BANK DEALS US tax authorities are targeting cross-border finance deals worth billions of dollars between leading US and UK banks as they step up efforts to clamp down on abusive tax avoidance, a joint investigation by the Financial Times and ProPublica has found. Four US banks – BB&T, Bank [...]
The robotic killers that could take over Blue Peter September 25, 2011 Animals aren’t high-tech enough. They don’t have screens. You can’t easily upgrade them. Last night I spent six hours trying to control a fox with my iPhone, with limited success. Don’t take my word for it – ask the makers of Blue Peter. They have decided not to relocate the show’s famous menagerie in the [...]
Collet’s Sahpresa to make history in the Sun Chariot September 22, 2011 NO horse has ever won tomorrow’s Group One Sun Chariot Stakes (3.10pm) three times, but that could be about to change with Rod Collet’s French mare SAHPRESA. The six-year-old has claimed the last two renewals of this contest and probably should have taken the Falmouth Stakes at the July Course when given a poor ride [...]
It is always the perfect time to start a business September 21, 2011 WHY would now be a good time to start your own business, when the economy is weak and all around is pessimism? Well the truth is that plenty of great companies were started in downturns. In the depths of the Great Depression in the 1930s, Walt Disney launched his eponymous animation company, now almost the [...]
Hurray! Put on your Zuckerberg masks – it’s Facebook day! September 21, 2011 IT’S Facebook day! Put on your cut-out Mark Zuckerberg masks. Celebrate by poking your colleagues; remember – you can’t be taken to a tribunal on Facebook day. Today, of course, being the F8 (fate, see) conference in San Fransisco where the social network will layout the next stage in its plans for world domination. Later [...]
Samsung may try to block new iPhone September 20, 2011 THE ESCALATING smartphone patent war saw another salvo yesterday, with Samsung considering a legal bid to block the sale of the as-yet-unseen iPhone 5, according to sources close to the matter. The move follows a series of suits brought by Apple against the Korean firm, which culminated in sales of Samsung’s latest tablet being blocked [...]
ARM bosses net fortune in share sale September 20, 2011 ARM Holdings president Tudor Brown has sold shares worth £600,000, cashing in on the technology firm’s sky-high valuation. He offloaded 100,000 shares at 600p each. The transaction marks the second windfall in a month for the firm’s former chief operating officer, after he recently trousered £1m for cashing in 182,000 shares at 550p each. He [...]
Wall St awaits Fed decision as Greece stalls September 20, 2011 US stocks ended little changed yesterday as investors waited to see if the US Federal Reserve would offer more economic stimulus and if Greece made progress in talks to avoid a default. In the lowest volume session since late August, the market gave up earlier gains of about one per cent as investors were wary [...]