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.
- 1 Drugs Live cannabis trial: Hash is less harmful than any other drug, expert claims
- 2 What happens to your body when you give up sugar?
- 3 Turkish Airlines flight TK 726 crash-lands on Nepal runway in dense fog
- 4 Have sex with your iPad thanks to the new sex toy no-one asked for
- 5 The 'sex selfie stick' lets you FaceTime the inside of a vagina
Turkish Airlines flight TK 726 crash-lands on Nepal runway in dense fog
George Clooney and Amal fail to get special treatment at New York restaurant
Cindy Crawford 'un-PhotoShopped' viral Marie Claire image was doctored, photographer claims
'A girl is more responsible for rape than a boy': The statement that shocked the world... except India
The 'sex selfie stick' lets you FaceTime the inside of a vagina
Durham Free School: 'Creationism taught at' free school facing closure
Nearly 100,000 of Britain's poorest children go hungry after parents' benefits are cut
Ukip would cut billions from Scottish budget to fund English tax cuts
End of the licence fee: BBC to back radical overhaul of how it is funded
Ukraine crisis: Top Chinese diplomat backs Putin and says West should 'abandon zero-sum mentality'
Boris Nemtsov shot dead: Outspoken Putin critic who had expressed fears for his life is killed near the Kremlin
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