Team GB is doing brilliantly – but the British economy isn’t August 2, 2012 JUST as some had started to worry, Team GB delivered spectacularly yesterday, thanks in no small part to Bradley Wiggins, our new sideburned national hero. GB Plc isn’t performing as well, unfortunately. Manufacturing output is shrinking disastrously. The manufacturing purchasing managers index slumped from 48.4 to 45.4 in July – its lowest level since May [...]
Technical glitch forces NYSE to cancel trades August 1, 2012 THE New York Stock Exchange (NYSE) was forced to cancel trades in several shares yesterday after a technical glitch by market maker Knight Capital triggered dramatic stock price movements. The US exchange identified “irregular trading” in 140 shares in the opening 45 minutes of trade, but ultimately cancelled trades in just six shares. Most of [...]
Team GB is doing brilliantly – but the British economy isn’t August 1, 2012 JUST as some had started to worry, Team GB delivered spectacularly yesterday, thanks in no small part to Bradley Wiggins, our new sideburned national hero. GB Plc isn’t performing as well, unfortunately. Manufacturing output is shrinking disastrously. The manufacturing purchasing managers index slumped from 48.4 to 45.4 in July – its lowest level since May [...]
A truly unique home in idyllic surroundings July 26, 2012 This gorgeous Grade II-listed property with Capability Brown gardens is set in an idyllic country setting, with views towards the Exe Estuary and Lyme Bay. In addition to the main house, there is also a boat house, complete with a large open-plan kitchen, two bedrooms and reception room. The main house has four bedroom “suites”, [...]
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 [...]