It was once only a brave investor who’d bet against fashion favourite Asos, but yesterday two City experts called time on the stock.
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Wednesday 07 December 2011
Friday 02 December 2011
Delia Smith hasn't had the easiest ride since taking over at Norwich City Football Club – who could forget her raucous appeal to fans to get behind the side on the PA system – but here's some reward for all her hard work. The Institute for Turnaround has just handed her and the rest of Norwich City's management team a gong for the way they've turned the once financially stricken club into a stable member of the Premier League. Let's hope this isn't the equivalent of the dreaded vote of confidence in the manager.
Monday 28 November 2011
The investment bank Goldman Sachs is in talks to become the biggest shareholder in Peacoks, the debt-laden fashion chain.
Tuesday 22 November 2011
A senior judge is to be brought in to investigate a series of controversial tax deals which cost the Exchequer millions of pounds in lost revenue.
Tuesday 22 November 2011
A senior judge is to be brought in to investigate a series of highly controversial tax deals which cost the Exchequer millions of pounds in lost revenue.
Friday 18 November 2011
The eurozone's corridors of power have been undergoing a remarkable transformation. Stephen Foley reports
Wednesday 16 November 2011
Rio Tinto was among the gainers at the end of a mixed session for the mining sector last night. The stock was 35p better off at 3,458p, rising along with rivals such as the Eurasian Natural Resources Corporation, which was 3p firmer at 679.5p at the close of play.
Tuesday 08 November 2011
The debate continues to rage over whether people ought to feel sorry for the Greeks. But for those feeling sorry enough, there is a way to show your support. The Bank of Greece runs an account specially for people who want to donate what they feel they can afford to the impoverished nation. The bank promises its "Solidarity Account for Repayment of Public Debt" will use your donations for only that purpose. Oddly, no details of how much has been raised so far appear to be available.
Tuesday 08 November 2011
The head of the agency in charge of regulating MF Global, the collapsed broker-dealer, has recused himself from the investigation into the bankruptcy, because he worked with the firm's chief executive, Jon Corzine, at Goldman Sachs.
Tuesday 01 November 2011
Investors in Mothercare will have been forgiven for sobbing like babies yesterday. Having been hit recently by its falling popularity with Britain's mothers, shares in the high street retailer, which has issued three profits warnings this year already, managed to reach an eight-year low last night after analysts said there was still plenty more pain to come.
Friday 28 October 2011
That Steve Jobs biography you might have heard of has been called a must-read for Apple fans and wannabe tech gurus alike, but at one Chinese company the book is literally required reading. Xiaochuan Wang, an earnest computer programming prodigy who is now chief technology officer at Sohu, a Nasdaq-listed search engine, has bought 500 copies. "For my colleagues," he says. "I hope they can learn from it." Diary detects just a hint of menace, and thinks Sohu might have a little Steve Jobs in the making here.
Friday 02 September 2011
Economic Life: There is strong evidence that cuts in public spending do not do nearly as much damage to long-term growth as increases in taxation
Tuesday 23 August 2011
Lloyd Blankfein, chief executive, and other senior executives at Goldman Sachs have hired high-powered criminal defence attorneys to represent them in government investigations into possible wrongdoing at the investment bank, it emerged last night.
Tuesday 02 August 2011
Labour turned to the former boss of ITV and senior adviser at Goldman Sachs yesterday to oversee a management and commercial overhaul of the party.
Monday 01 August 2011
Europe's biggest hedge fund has sold its $850m (£518m) shareholding in Goldman Sachs, the Wall Street bank, signalling its rising concerns about the health of the global banking sector.
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- 1 Stephen Fry explains what he would say if he was 'confronted by God'
- 2 Venezuela Expo Tattoo 2015: Extreme body art from 'Vampire Woman' to 109mm earlobes
- 4 Ball pool for adults opens in London
- 5 Amal Clooney gives excellent response to fashion question at European Court of Human Rights