FOCUS ON: NOTTING HILL July 26, 2012 NEED TO KNOW | AREA INSIGHT TRAVEL AND EDUCATION Located in the heart of West London, Notting Hill is among the most desired areas to live in the world. It is served by a wealth of transport links, with the central line from Notting Hill Gate taking just 16 minutes to get into the City. [...]
London Stock Exchange surges as speculation over merger circulates July 19, 2012 BRITAIN’S top share index edged higher yesterday helped by a bounce in several heavyweight banking stocks. But the London Stock Echange gathered the most attention, with a late surge before the close sparked by speculation of a potential tie-up with its Singaporean counterpart. The talk follows the LSE’s recently announced joint venture with the Singapore [...]
The Batman of business: Private equity has the guts to do the dirty work July 19, 2012 BATMAN and Barack Obama are conspiring to put private equity under a Bat Signal-shaped spotlight this week. The unlikely duo have come together thanks to the similarity between Bane – the name of the villain in The Dark Knight Rises (see our review on page 35) – and the Obama re-election campaign’s attack against Republican [...]
Holy smoke! The Dark Knight Rises rocks July 19, 2012 FILM THE DARK KNIGHT RISES Cert 12A | By Steve Dinneen ***** UNLESS you’ve lived in a cupboard for the last six months, it won’t have escaped you that there is a new Batman movie. Even if you have, you’ll probably have heard about it anyway. You’ll have seen a trailer through the little crack [...]
Knight Capital could sue over Facebook loss July 18, 2012 THE TRAIL of losses and lawsuits stemming from Facebook’s botched float in May got longer yesterday, as one of the market-makers on the initial public offering said it was considering legal action to recoup its losses. Knight Capital, one of four market-makers on the £10bn float, revealed its plans after its quarterly earnings plunged 81 [...]
ANALYST VIEWS | WHAT DO THE SECOND QUARTER FIGURES MEAN FOR RIO TINTO? July 17, 2012 CAILEY BARKER NUMIS A small downgrade in copper, but balanced by performance through other divisions. A predictably cautious outlook on global demand, with the company keeping a close eye on the pace of the US recovery. Overall, a fairly in line update despite the slight disappointment in copper. TIM DUDLEY CANACCORD Operationally, the iron ore [...]
KNIGHT VINKE TURNS UP HEAT ON GLENCORE July 3, 2012 Activist fund Knight Vinke, a top-20 shareholder in miner Xstrata, yesterday backed a surprise call from fellow investor Qatar for better terms in a takeover offer from commodities trader Glencore, led by Ivan Glasenberg (pictured).Knight Vinke yesterday said the deal does not represent fair value for Xstrata on current terms and also objected to the [...]
Knight and the BBA put banker bash on hold July 2, 2012 Angela Knight, the departing chief executive of the British Bankers’ Association, was yesterday forced to cancel the industry body’s summer party amid the continuing furore over the Libor interest rate scandal. News of the scrapped banker bash came via an email from Ben Andersen-Tuffnell to invitees, advising them that the shindig, planned for tomorrow on [...]
You wouldn’t buy a car without a few gadgets in it – why should it be any different for your home? June 28, 2012 The “internet of things” is big news right now. It’s the idea that anything with an electrical plug can become a “smart” device, connected to the web. Companies like Intel have been busy showcasing everything from smart gas metres to intelligent washing machines but it is only recently this smart technology is moving out of [...]
London still outperforms the rest of the country June 28, 2012 Q What is happening to London prices at the moment? A London property continues to outperform the rest of the UK market. The latest official data showed that average house prices across the capital are up 5.1 per cent year on year, compared to a one per cent fall across England and Wales. The average [...]