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 Lego breaks out of the toy box and heads for the gallery
- 2 A bottle of wine a day is not bad for you and abstaining is worse than drinking, scientist claims
- 3 Piers Morgan attempts to save the Union by promising to go back to the US if Scotland votes 'No' to independence
- 4 Tyler, The Creator says having new U2 album automatically downloaded on his iPhone was 'like waking up with herpes'
- 5 Grandmas keep accidentally tagging themselves as Grandmaster Flash on Facebook
David Haines remembered: Death of British hostage executed by Isis lamented from the Balkans to Sudan
Jennifer Lawrence and Kate Upton nude pictures exhibition cancelled after artist concedes photos were 'stolen property'
David Haines beheading: David Cameron says Britain will hunt down Isis 'monsters' shown in video murdering aid worker
Piers Morgan attempts to save the Union by promising to go back to the US if Scotland votes 'No' to independence
Jennifer Lawrence to make public appearance after nude photo leaks as Met Gala Ball 2015 co-host
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
George Galloway on Scottish independence: The political class is doing what Hitler couldn’t – destroying Britain
Scottish independence: Nationalist leader Jim Sillars threatens pro-union companies with 'day of reckoning' after independence
Scottish independence: Yes campaign feels the heat as Alex Salmond's NHS claims come under furious attack
Scottish independence: Britain faces 'constitutional crisis' at next election
£23m Birmingham cycle scheme is attacked by Tory councillor for not catering to the elderly
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