Business Diary: 28/11/2009
Saturday 28 November 2009
RBS gets another gift from ABN Amro
Royal Bank of Scotland has one more reason to regret its disastrous takeover of ABN Amro, a deal that lead to the departure of the boss, Sir Fred Goodwin. Guess where most of RBS's exposure to Dubai comes from? You got it: its Dutch subsidiary has always been a big player in the Middle East.
Credit Suisse wants its briefing back
A mild panic at Credit Suisse, one of the few investment banks to have data on British banks' exposure to the Dubai crisis. Good for it, but an internal briefing with estimates of the exposure was never supposed to be made public – when it surfaced yesterday, there was a desperate attempt to get the document back.
One way to find out what's going on
Want to keep up with the latest developments in Dubai? Try twitter.com/HHSHKMOHD, where you'll find the thoughts of Sheikh Mohammed, the emirate's ruler. He's been strangely quiet over the past few days.
French footballer not welcome here
The Irish bookmaker Paddy Power is still smarting about Ireland's unjust exit from the World Cup. It has launched an advertising campaign at Dublin airport castigating the French striker whose handball knocked the Irish out. "Paddy Power welcomes you to Ireland... unless you're called Thierry," the posters read.
Electric vision for those with sharp eyes
A strange way to announce news. Carphone Warehouse has published a series of mock-ups of how its new Best Buy stores might look. One of them features a tiny picture of an electric car. Boss Charles Dunstone said he'd had a private bet no one would notice the car, which was there to reflect the fact Best Buy may eventually sell them.
Number of the day: 500,000
The number of people who have lost the chance to work overtime so far this year, according to the TUC.
Lammily: Barbie-like doll hits Kickstarter fundraising target in a day
Belle Knox: How the porn star student from Duke University became bigger than Justin Bieber
Top 10 most expensive cities in the world: Singapore named costliest place to live – but what about London?
Oscar Pistorius trial: Neighbour feared athlete would use gun that killed his girlfriend Reeva Steenkamp to shoot himself
Channel 4 announces two-hour TV show to be broadcast 'Live from Space' later this month
Apple's Tim Cook: Business isn’t just about making profit
Thousands of young people forced to go without food after benefits wrongly stopped under 'draconian' new sanctions regime
Ukraine crisis: New navy chief 'defects' and surrenders Crimean HQ as Putin claims ultranationalists forced intervention
Britain's top vet sparks controversy with call for ban on slashing animals' throats in 'ritual' slaughters for halal and kosher meat products
Ukraine crisis: Russia dismisses '3am ultimatum' as 'total nonsense'
If you're horrified by a flame-roasted dog, you should be shocked at a hog roast
- 1 The future of sex: The first female condoms were derided, mistrusted and shunned - but will their modern counterparts catch on?
- 2 South African rhino finally put down after roaming Kruger park for days with horn hacked off and bullet in brain
- 3 Channel 4 announces two-hour TV show to be broadcast 'Live from Space' later this month
- 4 Man stabbed with Legend of Zelda Master Sword in serious condition
- 5 Study suggests that 'gaydars' are real - at least for women
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