Banking on new business ideas November 25, 2010 I DON’T want to be a banker, I’m not a banker, never have been, a lot of my job is walking around here…” Anthony Thomson gestures towards the shop floor and his staff and says “…making sure they don’t turn it into a bank.” But sure enough we are in a bank – the Holborn [...]
Arrest made in US insider dealing probe November 24, 2010 FBI agents yesterday made the first arrest in what could be the biggest insider dealing probe in US history. Don Ching Trang Chu, 56, was arrested yesterday in connection with the investigation. He is an executive at Primary Global Research, an “expert network” firm that pairs hedge funds with current and former employees at publicly [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 23, 2010 FINANCIAL TIMES CAMERON WOOS NORDIC NATIONS David Cameron is to host a summit with leaders of Nordic and Baltic countries in January, an unusual move which Downing Street billed as an opportunity to exchange ideas on issues such as the green economy, social cohesion and gender equality. Cameron’s spokeswoman insisted the summit was not an [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 22, 2010 FINANCIAL TIMES GENEVA SET TO TRUMP LONDON IN OIL TRADING Geneva will leave London behind and become the world’s most important trading hub for physical energy commodities, including oil, as leading companies relocate dozens of traders to Switzerland, according to industry executives. The transfers threaten the UK capital’s leadership in physical crude and oil products [...]
REVIEW: SEASONAL PEDICURE November 22, 2010 THERE’S something very lovely about a wintry, Christmassy pedicure. It’s cold outside, you’ve got a flush in your cheeks and your hands are full of goody bags. What could be nicer than ducking out of the shopping mayhem and settling onto a warm bed in a delicious cavern of a spa in one of Mayfair’s [...]
FOOD & BOOZE NEWS November 22, 2010 THE BIG EASY DOES THANKSGIVING This iconic King’s Road American diner takes Thanksgiving (this Thursday) very seriously. There will be a live band from 8:30, by which time you’ll have tucked into your roasted breast of Norfolk turkey with giblet gravy, chestnut stuffing, green beans and candied sweet potatoes with toasted hazelnuts. Afterwards, it’ll be [...]
Orange to trigger an iPad price war November 22, 2010 THE pricing model for Apple’s all conquering iPad could undergo a dramatic shift, with UK carrier Orange set to offer heavily discounted units to users willing to sign lengthy contracts, City A.M. has learned. It is understood the firm will offer the iPad for around £200 – far below the starting price of £529 for [...]
The Beatles score 31 tracks in top 200 November 22, 2010 THE Beatles managed to land 31 tracks in the iTunes top 200 chart after their first weekend on sale. Last Thursday saw the Beatles songs become available for download for the first time after years of fruitless negotiations between Apple founder Steve Jobs, Beatles management company Apple Corps and the Beatles label EMI. Analysts predicted they [...]
Google to hire 2,000 new staff November 19, 2010 Google plans to hire more than 2,000 people around the globe, bumping up its workforce as it expands into new markets and battles for talent with faster-growing rivals. The world’s largest Internet search engine, whose finance chief told investors in September that the Internet industry was waging a “war for talent,” has job openings listed [...]
iPhone users to see adverts inside apps November 18, 2010 iPhone users in the UK will soon find adverts inside apps they download as Apple rolls out its iAds platform outside the US. The platform allows application developers – and Apple itself – to make money from advertising contained within apps. It is set to launch in the UK and France in December after attracting [...]