Published: August 1, 2010
If either of these (linked) events occurred, the Fed would have no choice but to tighten policy aggressively. This would, without question, reverse a significant part of the 1990s bull market in financial assets, and would quite likely turn into a hard landing for the US and world economy. The American economic miracle of recent [...]
Published: August 1, 2010
MOBILE PHONE users are up to two-and-a-half times more likely to develop brain tumours than non-users, and should consider using low- emission or hands-free phones, scientists have warned. Two new studies, in Sweden and the United States, have found a correlation between exposure to microwaves emitted by mobile phones and cancer, Dr Lennard Hardell, a [...]
Published: August 1, 2010
“Mannesmann is the clear winner from all this, the laughing third party,” said Holger Grawe, an analyst at WestLB Panmure in Duesseldorf.
Mannesmann will now pay Olivetti 14.9bn marks (pounds 5bn) for Olivetti’s stakes in the fast growing mobile carrier Omnitel Pronto Italia and the fixed line, long-distance carrier Infostrada.The company, which was already a partner [...]
Published: August 1, 2010
Almost half those surveyed said they would welcome a system whereby they could shop without visiting the High Street. Eight per cent of those who had purchased a PC had placed an order through the Internet. A quarter said they would be subscribing to cable or satellite.. Alstom to sell off industrial units
ALSTOM, [...]
Published: August 1, 2010
Both are defenders, while further spending on a squad which has already cost a staggering pounds 62m is expected. The next priority is the midfield but the attack also has problems.Newcastle’s last Wembley goal came from Jackie Milburn in the 1955 final and there seemed little prospect of Alan Shearer or Ferguson adding to it [...]
Published: August 1, 2010
The decision comes despite his achievement in taking Seven Stars to fifth place in the South African Premier League, the best finish for any club in their first season in top-flight South African football.Stars, who were 13th when the former Liverpool goalkeeper took over as coach in January, are merging with Cape Town Spurs to [...]