Welcome to London’s business paper June 3, 2011 WELCOME to our first ever Saturday edition to celebrate the greatest and most exciting sporting event of the year. Here at City A.M., we are truly passionate about the Investec Derby as well as horse-racing in general. Our growing numbers of readers in and around London work very hard – but they also love to [...]
RENT June 2, 2011 Q&A Q.We are looking into purchasing a buy to let investment. Is there a better time of year to do this? A.The central London lettings market is seasonal to an extent. Traditionally the busiest months of the year are January, June, September and October. The months to avoid if possible are December, April and August. [...]
Nokia denies Microsoft is lining up offer June 1, 2011 BELEAGUERED Nokia was yesterday forced to deny speculation it is in talks to sell its mobile phone business to Microsoft. The Finnish manufacturer described the report – by the same industry insider who predicted its tie-up with the software giant earlier this year – as “100 per cent baseless”. Eldar Murtazin says Microsoft is lining [...]
The docks that you don’t have to dock with June 1, 2011 THE annoying thing with docks for MP3 players is how problematic and fragile those multi-pin docking connectors can be. Much easier if you don’t have to connect at all, which is what the latest generation of wireless docks and speakers enable. Bluetooth speaker systems have been around a little while but in items like Soundfreaq’s [...]
USAA top for customer service in US June 1, 2011 The top American company with the best service is military financial services giant United Services Automobile Association, a survey has shown. According to research by marketing company Nunwood the group beat global giants including Amazon. Nunwood surveyed 4,853 customers across the US in April, about 250 major American brands to discover what a top performing [...]
Nokia shares tumble as firm abandons targets May 31, 2011 NOKIA’S share price tumbled to its lowest in 13 years yesterday after the mobile phone maker abandoned hope of meeting key targets it set just weeks ago. Shares plunged 18 per cent to €4.75 (£4.16), wiping some €3.8bn off its market value as investors worried that Nokia, once a leading force in the industry, had [...]
Steve Jobs to return to the Apple stage May 31, 2011 APPLE chief executive Steve Jobs, who spent months on medical leave, will open an annual developers’ conference next week showcasing the iPad maker’s latest computer software and a new cloud computing service. Apple’s shares rose 3.1 per cent to $347.83 after it said yesterday that Jobs, along with a team of executives, will deliver the [...]
INTEL UNVEILS ULTRA-THIN NOTEBOOK May 31, 2011 INTEL yesterday invented a category of ultra-thin, affordable notebooks. They will be powered by its second generation Sandy Bridge and Ivy Bridge processors, as the firm looks to take on Apple chipmaker ARM in the portable computing stakes. Intel plans to price the devices – which it is calling the Ultrabook – at under $1,000 [...]
US rallies on hopes of Greek debt plan May 31, 2011 WALL St bulls took the upper hand with a one per cent rally yesterday as hopes for a new plan to deal with Greece’s debt crisis relieved some investor worry, but grim economic data suggested more hurdles ahead as the S&P 500 closed out its worth month since August. Stocks rebounded late in the session, [...]
Apple warns Mac users as virus appears May 26, 2011 APPLE is fighting what security experts warned yesterday may be the most pernicious types of computer virus to ever target its line of Mac computers. The company was forced to issue a security advisory warning to customers about a recent scam that infects Macs with malicious software that wrongly tells them their computer is infected [...]