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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So called ‘superwoman’ Nicola Horlick, is rumoured to be planning a $1.8 billion floatation of her Bramdean Asset Management group, which was set up only last year. Horlick, was branded ‘superwoman’ by the scurrilous tabloids that promote ‘tat’ on a daily basis to mainly illiterate hoards in the UK. Whilst denigrating council estate mothers...
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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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Oil rose slightly hovering just above the $60 mark trading in the Far East this morning. Prices could be expected to rise further as North Korea announced its first underground testing of a nuclear device. Although there are now immediate threats to energy supplies perceived by the test, there are concerns that the news...
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Yesterday the ECB increased rates by 25 basis points to 3.25 percent. At the same time Jean-Claude Trichet, the ECB president indicated that another quarter point increase would occur before the year was out. Although the ECB interest rates may be nearing a plateau, the bank is not expected to follow the US Federal...
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