NEW YORK REPORT September 29, 2009 US stocks fell yesterday as a surprise drop in a gauge of consumer confidence overshadowed signs of stabilisation in housing and solid earnings from Walgreen. Stocks started higher but then turned lower as the Conference Board’s Consumer Confidence Index for September fell. Even so, investors were reluctant to sell stocks indiscriminately. Major indexes spent most [...]
Price war to start as Voda grabs iPhone September 29, 2009 VODAFONE said yesterday that it has sealed a deal to sell Apple’s iPhone in the UK, likely sparking a price war between the three biggest mobile networks. Vodafone, the world’s largest mobile operator by revenue, said it will be able to sell the must-have device from early 2010, though it did not confirm an exact [...]
iPhone is coolest brand but not the most reliable September 29, 2009 THE iPhone is the coolest brand, according to YouGov research for CoolBrands. Aston Martin came second, with – astonishingly – Apple and iPod in positions three and four. It’s an amazing success story, and the first graph shows the climb over the past year. The scores here are proportional, which means the proportion of positive [...]
Feeding the skin organic veggies, fruit and honey are the new cream September 28, 2009 PORRIDGE was drying stickily on my face and the smell of strawberries wafted towards me, past the little pot of goat’s milk yoghurt by my head. No, I was not the victim of a breakfast explosion – I was on a treatment table at Belgravia’s Glow Urban Spa, trying out the new talk-of-the-town treatment: American [...]
Orange finds juicy deal for Apple iPhone September 28, 2009 ORANGE has landed the rights to carry Apple’s flagship product the iPhone, ending rival O2’s exclusivity deal with the firm. The mobile operator, which is owned by France Telecom, said it would start selling the iPhone later this year, although it has yet to decide on pricing and exact release date. Orange said yesterday that [...]
WHO PROFITS MOST FROM THIS DEAL? September 28, 2009 JOHN TYSOE THE MOBILE WORLDApple usually wants to be with the largest operator but this seems to break the mould of exclusivity. The scale of it is not transformational for Orange, but if other operators are able to follow suit it will allow Apple to address the entire market. I don’t think this will be [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 27, 2009 THE SUNDAYSThe Sunday TelegraphFSA TOLD TO CLEAN UP OIL MARKETSThe Financial Services Authority has been told to examine its statutes to ensure it can prosecute oil speculators practising market abuse. The financial watchdog must also consider bringing in stronger measures to detect speculators using techniques such as phone-tapping, as well as ensuring they have enough [...]
Smartphone app developers are striking gold September 24, 2009 GOLD Rush. It’s not a phrase you hear much these days, but that’s how research firm Yankee described the market for smartphone apps earlier this week. Its analysts estimate that the US market will be worth some $4.2bn (£2.6bn) by the end of 2013 – over 10 times higher than the $343m it is expected [...]
RIM earnings fall as it trims its forecasts September 24, 2009 BLACKBERRY maker Research In Motion said yesterday that profits had dropped as it gave an outlook short of analyst forecasts heading into the holiday shopping season. RIM said its quarterly profit dropped 3.5 per cent and that it added only 3.8m new subscribers, at the low end of the forecast it had provided in June.That [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 24, 2009 FINANCIAL TIMES DNO AIMS TO SAVE KURDISH VENTUREShares in DNO International, the Norwegian oil company, plunged more than 45 per cent on Thursday as trading resumed in the stock for the first time since Kurdish authorities threatened to cancel its licence to export oil from Iraq. Helge Eide, chief executive of DNO, told the Financial [...]