Stocks edge up but Fed urges caution January 6, 2010 THE DOW and S&P 500 inched higher, while the Nasdaq dipped yesterday after Federal Reserve officials said they were still worried about labour market weakness and a report on the services sector showed only slight improvement in the economy. Cautious minutes from the Fed’s last meeting, as well as the ISM services report, which showed [...]
WHAT THE OTHER PAPERS SAY THIS MORNING January 5, 2010 WHAT THE OTHER PAPERS SAY THIS MORNING FINANCIAL TIMES ALWALEED’S CITI SHARES TO BOLSTER KINGDOM Prince Alwaleed bin Talal al-Saud, the Saudi investor, revealed on Tuesday that he plans to shore up the balance sheet of his investment vehicle by “donating” SR2.24bn (€416m) of shares in Citigroup into it. Prince Alwaleed said the initiative would [...]
Vodafone is first off the blocks with Google phone January 5, 2010 VODAFONE will be the first UK carrier to stock the new Google Nexus One smartphone. It will start stocking the phone “soon” but the deal is non-exclusive, meaning other networks could offer it in the coming weeks. Vodafone missed out on the exclusive rights to the iPhone in 2007 after clashing with Apple over its [...]
Apple to unveil new device January 4, 2010 APPLE is set to unveil a new tablet device later this month, as anticipation builds about what could be the company’s biggest product launch since the phenomenally successful iPhone. Apple is understood to be planning to ship a multimedia tablet with a 10-to 11-inch touchscreen in March. The much-anticipated device has been dubbed the iSlate [...]
Vodafone gives details of its £35 a month iPhone offering December 21, 2009 VODAFONE will make its move in to the iPhone market on 14 January, becoming the fourth UK network to sell the sought-after handset. It will offer customers a free handset for £35 a month on a two-year contract. Vodafone joins Orange, Tesco and O2, which had the original exclusive deal with Apple for the handset’s [...]
BILL OF THE WEEK December 20, 2009 THESE four diners evidently had something to celebrate when they popped for a £1,929.15 dinner at Beauberry House, the country house restaurant in leafy Dulwich Village, at the weekend. They started their three-course meal with oysters, crispy squid and trout, washed down with a bottle of Dom Perignon 1982 champagne, before moving on to wagyu [...]
Stuck in London for Christmas? Hole up in a luxury hotel December 20, 2009 OH dear. A bit of snow, as we had on Thursday, and London goes into panic mode. Flights are delayed, cancelled and rearranged, and with the threat of a BA strike only tenuously averted, getting out of London over the Christmas period seems anything but a sure bet. But look on the bright side. It’s [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 14, 2009 FINANCIAL TIMES COUNCILS THREATEN ICELAND BANK ACTION Council leaders have threatened to launch legal proceedings against a failed Icelandic bank which they fear will not repay £150m in deposits made by local authorities before the credit crunch. British councils had £900m of deposits in Iceland when a trio of its banks collapsed. So far barely [...]
PRE-PARTY PAMPERING December 7, 2009 24 Karat Gold Mask FacialThe ultimate luxury from master therapist JohnTsagaris, who fuses Eastern medicine with modern science to bring you a face mask made from pure gold, a substance with skin-boosting effects that was favoured by Cleopatra. An LED light mask follows to make sure your face will truly glow. £350, www.energybodies.co.uk Diamond Polish [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 7, 2009 FINANCIAL TIMES APAX PAYS £975M IN MARKEN BUY-OUTApax Partners will today announce the £975m buy-out of Marken, the provider of distribution services to the pharmaceutical industry, generating big profits for its management and Intermediate Capital Group, which acquired the company in 2007. The acquisition of Marken is the biggest private equity deal in the UK [...]