Sunday, January 31st, 2010 Money.
By Edmund ConwayPublished: 6:27AM GMT 28 Jan 2010 The World Economic Forum takes place in Davos, Switzerland Photo: Getty It’s that time of the year again: the snow glistening on the slopes, the smell of money in the air, the braying of millionaires echoing across the mountains. For this is Davos week, when the world’s [...]
Sunday, January 31st, 2010 Money.
By Jonathan RussellPublished: 9:33PM GMT 27 Jan 2010 Rainbow nation wraps it up It’s all South Africa in Davos. The hosts of this year’s World Cup have turned up in force to the Swiss mountain resort (in force and in flip flops, one of the contingent flew in wearing sandals and had to send out [...]
Sunday, January 31st, 2010 Money.
By Edmund Conway in DavosPublished: 6:00PM GMT 27 Jan 2010 Barclays president Bob Diamond warns against ban on proprietary trading at the 2010 WEF meeting in Davos. In a veiled threat to governments considering proposals to forbid banks from carrying out lucrative “proprietary trading”, Mr Diamond said that such moves would not only threaten the [...]
Saturday, January 30th, 2010 Money.
Published: 6:05AM GMT 28 Jan 2010 Link to this video New bubbles George Soros, the billionaire hedge fund manager, is worried about new bubbles developing and right now gold is his fear. “When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment,” Mr Soros said. [...]
Saturday, January 30th, 2010 Money.
By Sean FarrellPublished: 8:31PM GMT 26 Jan 2010 Severn Trent In a trading update yesterday, Britain’s second-biggest water company said the impact on full-year revenues would be between £5m and £10m, down from its earlier estimate of £15m to £20m. Water use by commercial customers that are able to measure their consumption fell sharply during [...]