Bear Stearns bosses at each other’s throats 2008-05-13 06:01 - BILLIONS up in flames, allegations of dope smoking and of playing golf and
cards while the empire burned; it’s a terrible way to end a career. Now to
make matters worse, Jimmy Cayne, fallen boss of Bear Stearns, has been
publicly lambasted by his mentor, with whom he still shares an office.
Charles Dunstone keys into the laptop phenomenon 2008-05-13 06:01 - SHAREHOLDERS take a lot on trust with Charles Dunstone, chief executive of
Carphone Warehouse. He is an entrepreneur who has created a FTSE-100 company
based on reading changes in the fast-moving communications and technology
market. And for investors who have backed him, their loyalty has paid off.
The company has morphed from a mobile-phone retail specialist to selling
broadband and is now intending to ride the laptop boom. It’s easy to get
left behind in this game and lose your relevance to the marketplace, but so
far, bar a few hiccups in terms of delivery, Dunstone has kept up with the
trends.
Why high oil prices are not squeezing us more 2008-05-13 06:01 - IT is hard to keep up with the price of oil. No sooner have we got used to
$100 a barrel than it is in the $120s. Will the price rise to $150, $200 or
even $300 a barrel? How far can it rise without doing severe damage to the
world economy?$
Soaring price of a staple diet 2008-05-13 06:01 - IT’S been a long time since Italians were a force in Manhattan and every year
Little Italy grows littler, forced out by an army of expensive handbag shops.
China lifts reserve requirement for banks 2008-05-13 06:01 - China’s central bank has ordered banks to set aside larger reserves for the
fourth time this year after the country’s inflation accelerated close to its
highest level since 1996.
Tempus: The heat is on 2008-05-13 05:25 - Centrica, the owner of British Gas, sits between a rock and a hard place.
Every time it raises prices for its millions of domestic gas and electricity
customers it risks a consumer backlash.
Northern Rock hit by mortgage defaults 2008-05-13 05:25 - The number of mortgage borrowers with Northern Rock falling behind on
repayments has risen by two thirds in the past four months, the nationalised
bank revealed today.
Government must stop middle class debt crisis 2008-05-13 05:25 - The middle class are sleep walking into a debt crisis and the Government is
failing to act, a leading City investment bank warned today.
BlackBerry unveils Bold challenge to iPhone 2008-05-13 05:25 - Workaholics in the City are likely to celebrate news that their favourite
gadget, the BlackBerry, is set to become slicker, faster and more powerful.
