Investment & Business News Headlines

“If Bill Hewlett and Dave Packard were alive today they would be appalled”

Secretly, executives at Dell must have been hoping for more. Dell is suffering from continuing price pressure on its products, while HP has seen something of a renaissance. For example, Dell’s profits in the third quarter were just half the level recorded a year earlier. But then, just as the runes seemed to be with HP, scandal struck. First there were leaks, with secret information finding its way into the hands of the press. Then the investigators employed a tactic known as pretexting, by impersonating the people they were investigating...Read More

Irrational exuberance hits US

More economists are talking about the dangers of the US hitting recession, and yet the latest news was shrugged off by market analysis that could have come straight from the Mickey Mouse School of Economics.

There’s no sign that the slowdown in US house prices has effected the rest of the...Read More

Posted Sep 29, 2006

“If Bill Hewlett and Dave Packard were alive today they would be appalled”

Secretly, executives at Dell must have been hoping for more. Dell is suffering from continuing price pressure on its products, while HP has seen something of a renaissance. For example, Dell’s profits in the third quarter were just half the level recorded a year earlier. But then, just as the...Read More

Posted Sep 29, 2006

Does Britain’s retail king need rose tinted glasses?

When Philip Green was trying to buy Marks and Spencer, his critics said he was nothing more than a cost cutter. Those doubters said Stuart Rose was the real class act. After all, he ran Bhs before Green took it over, and the reforms that saw such a dramatic change...Read More

Posted Sep 29, 2006

New York plans to strike back at London

If only Ken had kept quiet. When London Mayor Ken Livingstone visited New York recently he was asked his plans for London’s economy, to which he replied “Sarbanes-Oxley”. But alas New York Mayor, Michael Bloomberg, was listening.

According to an article in today’s Independent, business leaders in the US are becoming...Read More

Posted Sep 28, 2006

Dow approaches all time high

The Dow Jones Industrial 500 went within 27 points of its all time high yesterday, before ending the day on 11689, 30 points off the record.

Some analysts are predicting the index could pass its all time high mark this week.

dow jones

dow ftse

It was good news on...Read More

Posted Sep 28, 2006

Four pay is here

Four services, forty pounds, NTL has launched its quadruple play service, or as Sir Richard Branson once referred to it, Four Pay.

For forty pounds a month, customers can have 2 megabits per second broadband, 30 channels of TV, fixed line telephony and a Virgin mobile SIM.

Neil Berkett, chief...Read More

Posted Sep 28, 2006

Brits put it on the plastic

Those Anglo Saxons. In the US they are borrowed up to the hilt, and in the UK, we are not far behind. According to a report from Datamonitor, the UK takes up more than a third of consumer debt across Europe.

Apparently, the average Brit owes £3,175. As for the last...Read More

Posted Sep 27, 2006

Corn: a big hope or just a con?

maiseCould corn kill three birds with one stone? Could this crop be used to kickstart trade talks, lead to an end to food subsidies, and solve the global warming crisis? At first glance, it actually looks like it could. Unfortunately take a second glance, and the argument falls...Read More

Posted Sep 27, 2006

Biofuel bad for the environment?

Biofuels could save the planet. Rather than use up our scarce supplies of oil, and add billion of tons of carbon dioxide to the atmosphere, why not grow our fuel instead? Sure it emits the global warming gases when its used, but then, as it grows it soaks up these...Read More

Posted Sep 26, 2006

Ebbers goes to jail without passing go, while Fastow is set to go.

Today is a momentous day for US corporate law. Former milkman, club bouncer, and boss of Woldcom when it went down, Bernie Ebbers begins his 25 year jail sentence. The 62 year old said he wasn’t good at maths and the problems at Worldcom weren’t his fault. He was just...Read More

Posted Sep 26, 2006

Does Britain’s retail king need rose tinted glasses?

When Philip Green was trying to buy Marks and Spencer, his critics said he was nothing more than a cost cutter. Those doubters said Stuart Rose was the real class act. After all, he ran Bhs before Green took it over, and the reforms that saw such a dramatic change...Read More

Posted Sep 29, 2006

Irrational exuberance hits US

More economists are talking about the dangers of the US hitting recession, and yet the latest news was shrugged off by market analysis that could have come straight from the Mickey Mouse School of Economics.

There’s no sign that the slowdown in US house prices has effected the rest of the...Read More

Posted Sep 29, 2006

New York plans to strike back at London

If only Ken had kept quiet. When London Mayor Ken Livingstone visited New York recently he was asked his plans for London’s economy, to which he replied “Sarbanes-Oxley”. But alas New York Mayor, Michael Bloomberg, was listening.

According to an article in today’s Independent, business leaders in the US are becoming...Read More

Posted Sep 28, 2006

Dow approaches all time high

The Dow Jones Industrial 500 went within 27 points of its all time high yesterday, before ending the day on 11689, 30 points off the record.

Some analysts are predicting the index could pass its all time high mark this week.

dow jones

dow ftse

It was good news on...Read More

Posted Sep 28, 2006

UK game publisher sees big jump in profits

There was a time when Eidos was one of the giants of the video games industry and SCi a minnow. But despite boasting the talismanic Lara Croft titles in its line up, Eidos hit hard times. Even so, when SCi first expressed interest in buying it, the mighty Eidos looked...Read More

Posted Sep 28, 2006

Dow closes on record

January 14 2000: that was the day the Dow Jones Industrial Average hit 11,722.98, an all time high. Then markets crashed. By May this year, the index was creeping up, with many talking about it passing a new high. But, once again the ‘crash’ word came out again, as markets...Read More

Posted Sep 27, 2006

US and UK slide down competitive rankings

The UK needs more scientists, better government procurement, and more corporate spending on RD. As for the US, its privileged position in the global economy could be under threat. Its government spends too much, especially on defence, and its current trade deficit poses a major threat, says a new report...Read More

Posted Sep 27, 2006

US market closes in on all time high

“Sell in May and go away” is a famous adage, and in 2006, at least, it appears to be spot on. Cast your mind back to the 7 May. The Dow Jones hit 11577, just 145 points short of its all time peak, and the bulls celebrated. Two days later,...Read More

Posted Sep 26, 2006

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