The announcement yesterday that the Australian Bank, Macquarie is to buy the UK’s Thames Water utility for £8 billion may stick in the throat of UK consumers when they see the profits made by the current owner, RWE on the sale of the utility – but spare a thought for Australians who only this...
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With confirmation of the underground nuclear test yesterday by the Democratic Peoples Republic of Korea (DPRK) drawing the ire of world leaders across the spectrum, there appears to be little that can be done other than a full scale assault on facilities or so called ‘regime change’. With neither option favoured by the DPRK’s...
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If it were a movie it would be dismissed as pure fantasy. A teetering third world dictatorship sets off a nuclear bomb and threatens the world. Could it really be more unimaginable? Well the unimaginable has happened, and worse still the superpowers of the world are helpless and divided over what to do. A...
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British Airways up to dirty tricks again Two senior directors from British Airways have quit the company whilst it is in the midst of an investigation into price-fixing. Commercial Director Martin George and Communications chief Iain Burns were put on leave of absence in June after a probe was begun by the UK office...
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Hedge funds are rapidly becoming the Emperors New Clothes. Whilst the mythology and superstitions of the financial markets continues to believe that Hedge funds are the ‘best of the best’ figures show that funds are now extremely exposed and gains lower than ever. With the risk/reward ratios getting worse fewer funds are able to...
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