What the other papers say this morning January 25, 2011 FINANCIAL TIMES RUSSIANS PREPARE FOR LISTING SPREE IN LONDON Four industrial and mining companies from Russia are set to list in London within the next few weeks, the first in a string of companies from the country rushing to raise an estimated $15bn-$20bn (£9.5bn-£12.7bn) this year. The companies are taking advantage of a narrow window [...]
TECH NEWS | IN BRIEF January 25, 2011 Psion hit by forex losses Psion forecast a normalised operating loss for the full-year, hurt by forex losses, but said it remained confident of strong growth in 2011. Shares of the company fell five per cent in trading yesterday. The provider of mobile computing services expects a normalised operating loss of £1.5m to £2.5m for [...]
Business bags full of hi-tech cargo January 23, 2011 BUSINESS travellers take items worth nearly £1,500 in their airplane carry-on bags, according to a survey. The research found that business people typically take 12 items, including essentials like toothbrushes and a shirt. But now smartphones and iPads – costing around £700 – are making their way onto the list as technology becomes a must-have [...]
Nintendo leaps ahead with 3DS January 23, 2011 AFTER being surrounded by the latest in 3D technology for a week at the Consumer Electronics Show in Las Vegas, the sight of two-dimensional images – a video of a puppy playing, for example, or a photograph of a friend’s newborn baby – now makes me uncontrollably and violently sick. Watching standard 2D TV is [...]
Business travellers stash items worth £1,500 in airplane bags January 21, 2011 Business travellers takes items worth nearly £1,500 in their airplane carry-on bags, according to a survey. The research found that business people typically take 12 items, including essentials like toothbrushes and a shirt. But now smartphones and iPads – costing around £700 – are making their way onto the list as technology becomes a must-have [...]
Nokia US deal falls through January 20, 2011 Nokia’s woes continued yesterday with the announcement that a deal to launch its X7 smartphone on US carrier AT&T has fallen through. The news is a blow for the Finnish firm, which is desperate to push its new range of high-end smartphones. It is understood Nokia lost confidence in the US firm, believing the phone [...]
Old handsets hit profits at Sony Ericsson January 20, 2011 WORLD NUMBER five mobile phone maker Sony Ericsson posted lower than expected fourth-quarter pre-tax profit yesterday, and said it saw only modest growth in the handset market this year. Sony Ericsson posted pre-tax profit of €35m (£29.7m) on sales of €1.53bn. Analysts had forecast a pre-tax profit of €79.7m and sales of €1.82bn. Sony Ericsson [...]
Mourad worth Big Buck’s in World Hurdle January 20, 2011 WITH just under two months to go until the start of the Cheltenham Festival, the time is right to start building our ante-post portfolio. The purpose of any bet placed such a long way in advance of the event itself is to take a price about a horse that will supposedly be a lot shorter [...]
Goldman and Wells Fargo dampen rally January 19, 2011 THE S&P 500 suffered its biggest decline in nearly two months yesterday as disappointing results from Goldman Sachs and Wells Fargo put a damper on the rally. The Nasdaq fell more than one per cent, its biggest daily percentage loss since 16 November, as more disappointment in earnings came from chipmaker Cree. Its stock tumbled [...]
Nintendo shows off new 3DS January 19, 2011 NINTENDO yesterday announced it will release its much anticipated 3DS in Europe on March 25. The handheld console will feature one 3D screen and one touch-screen, as well as a motion sensor, a gyro sensor and the ability to take 3D photographs. It will also allow users to download games from a platform similar to [...]