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 [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 18, 2011 FINANCIAL TIMES FEARS OVER RETREAT ON VOLCKER BANK RULES The Volcker rule, which bans US banks from trading for their own account, is set to include exemptions that some officials fear will weaken its impact, people familiar with the situation have warned. In the wake of UBS’s $2.3bn (£1.4bn) loss last week, alleged to have [...]
WPP trading in line September 16, 2011 Advertising giant WPP said trading in August was in line with the first seven months of the year despite the tough economic climate. Chief executive Martin Sorrell gave an upbeat view of the company’s performance at a Royal Television Society conference. The company said like-for-like sales were up 5.9 per cent for the period January [...]
MBA students go gaga over lessons from pop stars September 14, 2011 LOOK along the business books section in a bookshop and you will find many tomes that promise to teach you how to invest like Warren Buffett or to learn from Bill Gates how a start-up can turn you into a billionaire. But alongside those you will also find another sub-genre of books that promise to [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 13, 2011 FINANCIAL TIMES MICROSOFT OPENS WINDOWS TO TOUCHSCREEN Microsoft has laid out a wide-ranging plan to overhaul its Windows software platform, marking an attempt to stem the erosion of its core PC software business amid the rise of touchscreen computing popularised by Apple. Along with the first full touchscreen version of Windows, the world’s biggest software [...]