BILL OF THE WEEK November 8, 2009 Little Bay played host to a group of 16 colleagues from a well-known accountancy firm, who treated themselves to a long lunch in honour of one of the party’s 30th birthday celebrations. Readers may remember the Farringdon Road venue after owner Peter Ilic ran a “pay what you think” promotion in February. No such frugality [...]
WHERE TO GO FOR A TOP SAUSAGE November 4, 2009 HG WALTERPremium butchers supplying Hibiscus, Arbutus and top schools in London. Their sausage maker has been making the same traditional recipe for 30 years using free-range Surrey pigs for juicy, fatty cuts of belly and shoulder, plus rock salt and white pepper. The sausages are 80-85 per cent meat, depending on the presence of leek [...]
Hard day’s night for Bluebeat as EMI sues over copyright November 4, 2009 MUSIC label EMI, which is owned by Guy Hands’ Terra Firma, said yesterday that it is suing a US-based website that is selling unauthorised downloads of Beatles songs. EMI filed a copyright infringement suit against Bluebeat.com, a small website based in California, which was selling the fab four’s music for download at just 25 cents [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 2, 2009 FINANCIAL TIMES VODAFONE’S GHANA DEAL ATTRACTS SFO INTERESTThe UK Serious Fraud Office has contacted Vodafone about its controversial deal to buy a controlling stake in Ghana’s third-largest mobile phone operator. The SFO has not launched an investigation into the deal, but is monitoring allegations of irregularity that have been made in Ghana. INDIAN SURGE BENEFITS [...]
Orange to sell iPhone next week November 2, 2009 ORANGE said yesterday that it will start selling the Apple iPhone from 10 November, ending O2’s exclusive carriage deal in the UK. But there was no sign of the price war that consumers had anticipated, with France Telecom’s Orange setting similar tariffs and contract structures to O2. The network operator will provide the sought-after 3GS [...]
Chips are down for Wolfson October 28, 2009 Wolfson Microelectronics swung to a $1.5m (£914,000) pre-tax loss in the third quarter, short of analysts’ expectations, and said trading remained challenging. The chipmaker, which was dropped by Apple from its latest iPhone, reported revenue of $35.4m and a pre-tax loss of $1.5m, compared with a profit of $8.3m a year ago. Analysts were expecting [...]
Wall Street falls on weak home sales October 28, 2009 US stocks tumbled in a broad sell-off yesterday, sending the benchmark S&P 500 lower for a fourth straight day, after weak data on new home sales heightened concerns about the pace of the economic recovery. Financials, technology, materials and industrial sectors, which underpinned the market’s advance from March, bore the brunt of the slide as [...]
Profit taking hits Wall St after rally October 27, 2009 THE S&P 500 and the Nasdaq fell yesterday as investors booked profits following the stock market’s recent run-up, while a weaker-than-expected reading on a measure of consumer confidence raised doubts about spending. Technology and consumer discretionary shares fared worse than the broader market as investors sold recent winners. Baidu’s disappointing outlook added to the negative [...]
Chipmaker Arm says it will grow faster than rivals October 27, 2009 MICROCHIP designer ARM met expectations for third-quarter revenue and earnings yesterday and said it expects to outperform a recovery in the industry next year. “Despite pressure on customers’ R&D budgets this year, demand for ARM’s processors and physical IP technology remains strong, with a record numbers of licences signed in the third quarter,” said finance [...]
Verizon posts $3bn in profits October 26, 2009 US TELECOMS firm Verizon Communications saw third-quarter profit fall a less-than-expected nine per cent to $2.89bn (£1.77bn) yesterday as wireless subscriber gains offset slower-than-anticipated growth in its television service. While Verizon Wireless added a net 1.2m mobile customers, beating Wall Street forecasts of 1m new customers, it is still losing market share to AT&T, the [...]