Wall St falls to seven month low June 7, 2010 US STOCKS fell yesterday, taking the S&P 500 to its lowest close in seven months, as industrials and technology shares fell and investors stayed on their heels after last week’s payrolls figure discouraged buyers. The Nasdaq fared the worst as investors unloaded positions in the most liquid large-cap technology shares. Research in Motion fell 5.2 [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 3, 2010 Financial times TNK-BP STEP UP SALE OF GAS FIELD TNK-BP, BP’s Russian joint oil venture, ratcheted up the pressure for a sale of its vast Kovykta gas field on Thursday, announcing that it was pushing the unit that owns the licence to the field into bankruptcy. The move raises the stakes over the future of [...]
Bolger can land his second Oaks with Akdarena June 3, 2010 THERE is only one place to start when looking for a potential winner of the Investec Oaks; the master of Warren Place, Henry Cecil. He has won this race eight times in the past and has two live chances this afternoon with likely favourite Aviate and Timepiece. I tipped up the latter at 7/1 prior [...]
How to have the perfect World Cup at home June 2, 2010 1 Slingbox Pro With World Cup viewing forecast to cost businesses £11.6m this year as matches collide with the working day, make sure you can skive with the best of them. The Slingbox Pro enables you to channel your TV through the internet to your computer or mobile device, wherever you are. Simply set up [...]
Slide in energy shares hits US as jittery investors sell June 1, 2010 US stocks fell yesterday as energy shares slid after the latest failed attempt to halt the oil spill in the Gulf of Mexico and the US government announced a criminal probe into the disaster. Investors punished shares of companies directly involved with the spill and losses accelerated into the close following the news of the [...]
O2 bites into Apple with package for Dell’s tablet June 1, 2010 TELECOMS giant O2 hopes to muscle in on the roaring success of Apple’s iPad by offering a package for Dell’s new tablet device. It will give free mobile connectivity to users already signed up to its mobile broadband package costing from £25 a month. Dell hopes its new Streak tablet computer, which can double as [...]
Google bans Windows over security fears June 1, 2010 GOOGLE is phasing out internal use of rival Microsoft’s Windows operating system because of security concerns following a Chinese hacking incident. The decision to move to other operating systems including Apple’s Mac OS and open-source Linux began in January after Google’s Chinese operations were hacked. Internet security firm McAfee said the cyber attacks on Google [...]
Jobs well done as 2m iPADS sold May 31, 2010 APPLE’S iPad sales continued their extraordinary pace yesterday when the firm announced it had shifted more than 2m units. The tablet device, which became available in the UK on Friday, has smashed all predictions, becoming an instant hit that has dwarfed even the sales of the landmark iPod and iPhone. The iPod sold just 125,000 [...]
WHAT THE OTHER PAPERS SAY THIS MORNING May 27, 2010 FINANCIAL TIMES COMMODITIES SURGE AFTER WARNING ON HURRICANE SEASON Oil and natural gas prices surged on Thursday as the US government said this year’s hurricane season could rank among the most active to date, comparable to years that brought such devastating storms as 2005’s Katrina and Rita. The outlook raises the possibility of damage to [...]
How Apple became the king of technology May 27, 2010 APPLE’S journey back from the abyss is the stuff of legend, a truly American tale of ingenuity and success in the face of adversity. Now it has overtaken Microsoft as the US’s second largest company in terms of market capitalisation, its place in history is assured. The recovery can be credited to one man: Steve [...]