Report of a new Apple iPhone boosts US stocks March 30, 2010 US stocks rose in a slow session yesterday on data showing more stabilisation in the economy, while Apple rallied on a report that it was developing a new iPhone. With the S&P 500 now up 73.4 per cent from the March 2009 bottom and on track for a fourth straight quarterly gain, investors chose to [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 29, 2010 FINANCIAL TIMES BIG INVESTMENTS BOOST UK’S GREEN SECTOR The prospect of thousands of new “green” jobs in the UK as part of a drive for a low carbon economy came a step closer with two big investments in the environmental sector. Siemens, the German industrial giant, became the fourth wind turbine manufacturer to announce that [...]
US iPad distribution may be late March 28, 2010 Customers who preordered Apple’s new iPad may have to wait a bit longer to get the device, as the company appears to be having a hard time keeping up with demand. Apple began taking preorders for the iPad on 12 March, promising to ship the touchscreen device to buyers on the official sales launch date [...]
Bullock is Miss Sentimentality in her apple pie Oscar role March 25, 2010 Film THE BLIND SIDE Cert: 12A IT’S certainly a remarkable story. “Big Mike” Oher, a poor black kid from the Tennessee projects abandoned by his junkie mother, became a major star in American football after being rescued by rich housewife, Leigh Anne Tuohy. She and her millionaire husband (Tim McGraw) adopted him as a teenager, [...]
Cider proves bad apple of Darling’s eye March 24, 2010 CIDER drinkers will bear the brunt of the chancellor’s latest “sin” tax swoop, after Alistair Darling yesterday said the drink had enjoyed a disproportionately lengthy tax holiday. From midnight on Sunday, cider will face a tax increase of 10 per cent above inflation, a move the chancellor said would address a “long-standing anomaly which has [...]
How an MBA can make you an entrepreneur March 24, 2010 SURVEYS of this newspaper’s readers always show that a large proportion of them hope to start up their own business one day. But if that is your dream, how do you go about it? Can you learn to be an entrepreneur? There is a mystique around entrepreneurialism and those who have succeeded often promote the [...]
WHAT THE OTHER PAPERS SAY THIS MORNING March 23, 2010 FINANCIAL TIMES POKER PROVES TOUGH GAMBLE FOR 888 888 Holdings took a near 30 per cent hit on poker revenues last year, but the online gambling operator said it was confident of tapping into its well of social players and predicted a return to poker growth in the second half of 2010. Poker was the [...]
CITY TAKES AN OUTSIDE PUNT ON THE BUBBLY March 23, 2010 AMUSED ripples radiated from the City yesterday following this column’s speculation as to what tipple George Osborne – likely to be the country’s next chancellor if the Tories win the election – might drink if he ends up presenting the next Budget. It seems most readers agreed with The Capitalist’s prediction that Osborne would stick [...]
Caterpillar leads as US stocks move up March 23, 2010 US stocks rallied yesterday, led by the tech, industrial and materials sectors, driving the Dow and the S&P 500 to 18-month highs. Signs of improved demand in the semiconductor industry and a broker’s positive commentary on Caterpillar lifted blue chips, while tech bellwethers Apple and Cisco hit 52-week highs, indicating increased optimism among investors. Kraft, [...]
City favourite banking on a revamp March 22, 2010 IT’S hardly as if the City’s been short of “sign of the times” changes, but another came late last year when Prism, the Harvey Nichols outpost that was one of the Square Mile’s grandest and most lauded fine-dining restaurants, was reborn as a brasserie and bar. That meant a back-to-basics menu emphasising cosy ingredients including [...]