Business Diary: 04/07/2009
Saturday 04 July 2009
More sickening news for Citigroup
An internal memo from Citigroup HQ in New York reaches our desk. Apparently, a member of staff has contracted swine flu and the bank's staff have been instructed to watch out for any symptoms they may develop themselves. As if the credit crisis-hit bank doesn't have enough to worry about.
Above Cellan-Jones's pay grade
Rory Cellan-Jones, the BBC's technology correspondent, told his Twitter followers yesterday that there was "general bemusement in our office". The reason? "We've just noticed that a man none of us have heard of is second highest earner in BBC News on £280,000." Who could Cellan-Jones mean? The only exec whose pay has been made public and who earns around that sum is Richard Sambrook, who runs Global News. Even the Beeb's technology geeks must have heard of him.
Polish factory hits the big time
We enjoy the Polish Information and Foreign Investment Agency's regular updates on what is going on in the economy of the Eastern European country. Sadly, not a lot, it seems. The poor chaps have been reduced to announcing this: "LG Display factory in Dolny Slask produced its 10 millionth LCD display several days ago."
Brewin advises selling on a lethal cocktail
How's this for insensitivity? Broker Brewin Dolphin has published a note warning investors about its concerns for Southern Cross Healthcare, the nursing home operator. It says the mix of swine flu and this week's heatwave could have a deadly effect on Southern Cross's clientele – and its earnings. We're waiting for the note from Brewins tipping Dignity, the funeral services provider.
G8 leaders head for the danger zone
We applaud the motives of Silvio Berlusconi, left, in deciding to host next week's G8 summit in quake-stricken L'Aquila. But do you think world leaders are getting nervous about their trip to Italy? Reuters reports that more strong tremors – measuring 4.1 on the Richter scale – sent locals into a panic yesterday.
Number of the day
Revenues earned by the City law firm Linklaters last year, making it Britain's highest-grossing solicitor.
Are beards attractive? Ryan Gosling says yes, but science says no. Take the A-list facial hair challenge and find out who's right
South Korea ferry: Four dead and almost 300 missing as mass rescue gets underway
Oscar Pistorius trial: Reeva Steenkamp told athlete she 'loved him' for first time in Valentine's Day card
Oscar Pistorius trial: Reeva Steenkamp standing with 'hand on the door handle' when she was shot dead
Lunar eclipse 2014: Images of the spectacular 'blood moon'
The food poverty scandal that shames Britain: Nearly 1m people rely on handouts to eat – and benefit reforms may be to blame
US Navy christens huge $3 billion destroyer ship USS Zumwalt that appears as a fishing boat on enemy radar
Nigel Farage fatigue? Half of voters ‘immune’ to Ukip’s appeal
Scottish independence: It is the English who should be on their knees, begging the Scots to vote ‘No’
Nigel Farage on Have I Got News For You: Ukip leader ridiculed over expenses and party 'fruitcakes'
Refugee facing deportation from Sweden saved by fellow passengers refusing to let plane leave
- 1 Poveglia: 'World's most haunted island' up for auction...is anyone brave enough to buy it?
- 2 Refugee facing deportation from Sweden saved by fellow passengers refusing to let plane leave
- 3 Naked yoga: the bare truth - it's already big in the US, and has now landed here
- 4 24 people applied for the 'world's toughest job', here are their interviews
- 5 Scientists warn we've hit 'peak beard': The more people grow facial hair, the less attractive it is
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