Business Diary: Friends across the ocean
Monday 19 July 2010
It's good to see our friends in the US are keen to kiss and make up now that BP finally seems to be getting its act together over the Gulf oil spill. Simon Hobbs and Mark Haines, the anchors of CNBC's Squawk on the Street, have taken to wearing ties emblazoned with the Union Jack and the Stars and Stripes.
It's an elegant sartorial trick that underlines how we are all back on speaking terms again after a very public falling out. Thank heavens for the special relationship.
Sir Stuart's latest degree
The urbane Sir Stuart Rose has not forgotten the Yorkshire roots of Marks & Spencer, the retailer from which he is shortly due to step down as chairman.
Not only has he accepted an honorary doctorate from Leeds University, in the town where M&S was founded as a humble market stall back in 1884, but the institution has been chosen as the site of a massive new company archive.
Right ranch, wrong Paulson
Those Paulsons have so much fun. Former Treasury Secretary Hank Paulson has been a little disturbed to see US press reports in recent days that he has shelled out the best part of $25m on a ranch in Aspen, the upmarket resort in Colorado.
His concern stems partly from the damage that reports of such extravagance might do his reputation as a former policymaker. More importantly, however, the purchase was news to him. Further investigations by the Paulson family have established that the buyer was in fact John Paulson, the super-rich hedge fund manager.
Fabio's lessons in life
To the World of Learning Conference & Exhibition, where delegates are asked: "What can business learn from Fabio's management?" Not much, some said, but the most popular response was that Capello's leadership of England's World Cup squad demonstrated the importance of "strategies and tactics that play to the strengths of the individuals and the team". Quite.
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- 2 Kate Winslet thanked 'particularly horrible' girl who bullied her at school after Titanic success
- 3 Norwich paedophile ring: Woman at centre of gang who made children 'sexual play things' guilty of 23 offences
- 4 Black and ethnic minority people twice as likely to be hit by Tory cuts than white people, report finds
- 5 Walter Palmer: American dentist revealed as the killer of Cecil the lion in Zimbabwe
Dentist who illegally killed Cecil the lion blames local guides for the scandal
Kate Winslet thanked 'particularly horrible' girl who bullied her at school after Titanic success
Norwich paedophile ring: Woman at centre of gang who made children 'sexual play things' guilty of 23 offences
Black and ethnic minority people twice as likely to be hit by Tory cuts than white people, report finds
Walter Palmer: American dentist revealed as the killer of Cecil the lion in Zimbabwe
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I am the Jeremy Corbyn supporter that many will tell you doesn't exist
Public anger after French sunbather beaten up by gang for wearing a bikini in Reims park
Labour leadership: New poll shows party is now even 'less electable' than under Ed Miliband
Yvette Cooper: Our choice is years of Tory rule under Jeremy Corbyn – or a return to a Labour government
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