The Nikkei was up this afternoon ending 1.6perconet higher after being helped by stronger than expected Japanese core private-sector machinery orders, a key gauge of capital spending by companies. The Yen was also up scoring a one month high against the Dollar and a two high on the Euro on speculation that Japanese rates...
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The worst kept secret of the weekend is that giant UK retailer Tesco is considering making a bid for the Polish arm of French rival Casino. The bid is likely to top €800m, though Tesco may have to bid against the French super giant retailer Carrefour. Tesco is already a big player in the...
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Oil, Copper and Gold all took to the skies yesterday, shaking off previous worries of commodity bubbles with some breaking through previous records. Crude oil reached record highs across New York and London markets amid concerns over the latest crisis in Korea after the missile firings, and at the lack of progress in Iran...
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Desperate times seek desperate measures. Yesterday the Universal Music Group announced that it would be seeking new measures to revive sales of the humble CD. The company unveiled an ‘innovative’ three tier packaging system for new and older released albums – ‘Deluxe packaging’ for top artists, standard packaging for new releases and thin card...
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Once upon a time, before the Internet, the only way you could get access to content and resources was through dial up modems connected to dedicated information gateways, the mightiest of these was America Online (AOL). Now we hear that AOL is retreating from offshore and looking to offer its once great ‘crown jewels’...
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We were quite stunned this morning that according to the BBC leading security firm Sophos has suggested that the best way for a corporation to reduce its exposure to nasty viruses and other forms of malware, is to start using Macs. In a report Sophos security reported that the top 10 most commonly found...
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