TRAVEL NOTES FOR VALENTINE’S DAY January 24, 2010 Fall in love in New York You and your partner can enjoy some top quality pampering and fabulous food, along with the best of the Big Apple, at New York’s famous slice of Upper East Side luxury, The Carlyle. In the swankiest city on Earth, it doesn’t get swankier than this Art Deco landmark on [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 20, 2010 FINANCIAL TIMES BERLIN PUSHES WEBER FOR TOP JOB AT THE ECB Berlin has stepped up its campaign for Axel Weber, Bundesbank chief, to be elected president of the European Central Bank amid intense negotiations over the appointment of the number two position at the Frankfurt-based institution. German officials told the Financial Times that eurozone nations [...]
Nokia win proves that IP is taking centre stage January 19, 2010 EARLIER this week, mobile phone maker Nokia won a legal case against German intellectual property company IPCom in the High Court in London. The court ruled that Nokia does not have to pay IPCom to use the technology for which it owns patents. IPCom is one of the intellectual property (IP) companies known as “patent [...]
APPLE PLANS E-BOOK VENTURE January 18, 2010 PUBLISHER HarperCollins is said to be in talks with Apple over making electronic books available on its new tablet device – dubbed the iSlate – which is set to be launched by Steve Jobs on 27 January. News Corp’s HarperCollins is expected to set the price of the e-books, with Apple taking a percentage of [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 17, 2010 FINANCIAL SERVICES CITY’S ROLE AS FINANCIAL CENTRE SET FOR NEW BOOST, SAYS TOP HEDGE FUND London will thrive as a financial centre over the next decade by becoming the natural western hub for emerging market growth, according to one of the City’s best-known hedge funds. In stark contrast to bankers’ doom-laden predictions about the City’s [...]
Pay wall beckons for NYT January 17, 2010 The New York Times is preparing to charge its readers to access its website, according to reports. The newspaper is expected to announce the introduction of a “pay wall” before 27 January when Apple launches its new tablet computer, especially designed for easy newspaper reading. The New York Times is expected to make a decision [...]
Smart idea to take a punt on the tech sector January 17, 2010 Jaws dropped on Wall Street late Thursday after Intel, the computer chip maker, reported an 875 per cent increase in profits between October and December last year. Profits were $2.3bn, up from $234m in the same quarter in 2008, smashing analyst expectations. But while a nine-fold increase in profits is unlikely to be replicated this [...]
The apps that mean business January 17, 2010 Financial information Bloomberg has the best financial information on the iPhone by a mile (free). For those in the UK, you might also want to add Shareprice (free, pictured above), which gives you real-time live streaming level one market prices for the LSE. MarketWatch from Dow Jones (free) is also good, while Thomson Reuters (free) [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 14, 2010 FINANCIAL TIMES SIEMENs CHAIRMAN TO MEET INVESTORS Gerhard Cromme, chairman of Siemens and ThyssenKrupp, and the chief financial officers of both conglomerates will meet investors on Friday in an unusual joint move ahead of the first shareholder votes on executive pay in Germany. The meeting in Munich is considered extraordinary by investors as it highlights [...]
Banking levy hangs over S&P financials January 12, 2010 US stocks slid in a broad sell-off yesterday as investors pummeled financials on concerns about a potential government levy on banks, while Alcoa’s disappointing results tempered optimism about the economic recovery. The benchmark S&P 500 broke a six-day streak of gains as banks led the financial sector lower, sending the KBW bank index down almost [...]