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A magical combination

Sun, cricket and alcohol, on the cusp of great upheavalTHE buzz of anticipation starts to build well before reaching Lord’s. On the train into central London I see two young men in shorts and sun hats with a large cool box. Surely they are on the same journey as me–to Lord’s, the home of cricket. Nearer the ground the tube train begins to fill with more like-minded souls. I glimpse a flash of the distinctive “egg-and-bacon” yellow-and-pink tie of the Marylebone Cricket Club, the custodians of the laws of cricket, whose home is Lord’s. Next a Panama hat or two with a band in the same colours hoves into view. And finally on Wellington Road, close to the ground, the few become a jovial throng heading for the Test match. The smattering of MCC colours is reinforced by more daring older members who sport dazzling MCC blazers, lurid beacons amid the more soberly attired cricket fans….
Original Source:


  20 July, 2008| massmedia | Comments (0) @ 23:53
Harbinger suspends Inmarsat talks, still wants deal

LONDON (Reuters) - U.S. hedge fund Harbinger remains interested in buying British satellite communications firm Inmarsat , but is suspending talks for now because of the lengthy regulatory process involved, it said on Monday.


Original Source: feeds.reuters.com


  20 July, 2008| massmedia | Comments (0) @ 23:52
Autonomy profit rises

LONDON (Reuters) - British search software company Autonomy reported a 85 percent rise in second-quarter adjusted pretax profit to $50.78 million (25.5 million pounds) on Monday, and said it was increasingly positive about its outlook for the second half.


Original Source: feeds.reuters.com


  20 July, 2008| massmedia | Comments (0) @ 23:50
HSBC soars in HK on China investment talk and Citi loss

HONG KONG (Reuters) - Shares in HSBC Holdings jumped over 4 percent in Hong Kong on Monday after a UK newspaper reported Europe’s largest lender had discussed a potential investment by China’s sovereign wealth fund.


Original Source: feeds.reuters.com


  20 July, 2008| massmedia | Comments (0) @ 23:44
IG Group year profit jumps 40 pct

LONDON (Reuters) - Spread-betting firm IG Group said it met market forecasts with a 40 percent rise in full-year profit, as volatile financial markets encouraged clients to place more bets.


Original Source: feeds.reuters.com


  20 July, 2008| massmedia | Comments (0) @ 23:41
Domino’s Pizza well-placed to beat forecasts

LONDON (Reuters) - Britain’s largest pizza home delivery chain, Domino’s Pizza UK & IRL , said on Monday it was well-placed to exceed market expectations for the year after it reported a 33 percent rise in first-half profits.


Original Source: feeds.reuters.com


  20 July, 2008| massmedia | Comments (0) @ 23:34
HBOS shareholders buy 8.3 pct of shares

LONDON (Reuters) - HBOS said shareholders subscribed to buy just 8.3 percent of shares in its 4 billion pound rights issue, leaving its underwriters to try to sell almost 3.8 billion pounds of shares.


Original Source: feeds.reuters.com


  20 July, 2008| massmedia | Comments (0) @ 23:30
HBOS gets 8 pct take-up for rights issue

LONDON (Reuters) - HBOS said shareholders subscribed to buy just 8.3 percent of shares in its 4 billion pound rights issue, leaving its underwriters to try to sell almost 3.8 billion pounds of shares.


Original Source: feeds.reuters.com


  20 July, 2008| massmedia | Comments (0) @ 23:20
Blanchflower sees recession

LONDON (Reuters) - The economy is heading into recession and interest rates should fall to “well below” their current 5 percent, Bank of England policy-maker David Blanchflower was quoted as saying in a newspaper interview.


Original Source: feeds.reuters.com


  20 July, 2008| massmedia | Comments (0) @ 23:16
Roche offers to buy out Genentech

BASEL, Switzerland (Reuters) - Swiss drugmaker Roche Holding offered to acquire all outstanding shares in its U.S. partner Genentech for $43.7 billion (21.9 billion pounds).


Original Source: feeds.reuters.com


  20 July, 2008| massmedia | Comments (0) @ 22:06
BOE policy maker sees recession

LONDON (Reuters) - The economy is heading into recession and interest rates should fall to “well below” their current 5 percent, Bank of England policy-maker David Blanchflower was quoted as saying in a newspaper interview.


Original Source: feeds.reuters.com


  20 July, 2008| massmedia | Comments (0) @ 21:36
Economy "going into recession" -Blanchflower

LONDON (Reuters) - The economy is heading into recession and interest rates should fall to “well below” their current 5 percent, Bank of England policy-maker David Blanchflower was quoted as saying in a newspaper interview.


Original Source: feeds.reuters.com


  20 July, 2008| massmedia | Comments (0) @ 20:33
Roosevelt redux

A Green New Deal could sort climate, energy and banking…
Original Source: news.bbc.co.uk


  20 July, 2008| massmedia | Comments (0) @ 18:00
Change in France?

Are ethnic minorities able to find work?…
Original Source: news.bbc.co.uk


  20 July, 2008| massmedia | Comments (0) @ 18:00
Oil up over $1 on Iran talks

PERTH (Reuters) - Oil rose towards $130 a barrel on Monday after its biggest one-week slide on record as inconclusive talks between Iran and world powers over Tehran’s disputed nuclear programme dimmed prospects of ending the row.


Original Source: feeds.reuters.com


  20 July, 2008| massmedia | Comments (0) @ 17:45
‘Gloomy’ forecast for UK economy

The economic outlook for next year is looking gloomier as business confidence sags, top forecasters suggest….
Original Source: news.bbc.co.uk


  20 July, 2008| massmedia | Comments (0) @ 17:34
Oil rises over $1 on Iran talks

PERTH (Reuters) - Oil rose over $1 to top $130 a barrel on Monday after inconclusive talks between Iran and world powers over the weekend over Tehran’s disputed nuclear programme.


Original Source: feeds.reuters.com


  20 July, 2008| massmedia | Comments (0) @ 16:55
House prices fall 2 percent in July

LONDON (Reuters) - Asking prices for homes in England and Wales fell two percent year-on-year in July, a survey by property Web site Rightmove showed on Monday, the first annual fall since the series began six years ago.


Original Source: feeds.reuters.com


  20 July, 2008| massmedia | Comments (0) @ 16:50
5 fashion tips for your portfolio

U.S. stocks are down, bonds are dicey, and the stuff you don’t own is way up. What’s out of vogue and what’ll stay in style?

Original Source: rss.cnn.com


  20 July, 2008| massmedia | Comments (0) @ 15:42
Blanchflower says economy "going into recession"

LONDON (Reuters) - The economy is heading into recession and interest rates should fall to “well below” their current 5 percent, Bank of England policy-maker David Blanchflower was quoted as saying in a newspaper interview.


Original Source: feeds.reuters.com


  20 July, 2008| massmedia | Comments (0) @ 14:59
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