Keep greasing the guillotine: bankers’ heads are still rolling

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And another one and a half bite the dust. The latest victims of the continuing banking purge are Daniel Bouton, chairman of Société Générale and <a target=”_blank” href=”http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/5246903/Lewis-loses-BoA-chair-as-investors-vote-…

Source: Business Listings

Gekko’s back: Wall Street quotes updated for the current crisis

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Gekko is back. They are making a sequel to Wall Street, the 1987 Oliver Stone movie that introduced us to Gordon Gekko, the ruthless trader played by Michael Douglas. Thinking back, the film was really the first time that lower Manhattan’s excesses were truly exposed to masses of ord…

Source: Business Listings

What’s happening in China 30/4/09

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Click on the links for the full story

Thursday April 30

* China’s $200 billion sovereign wealth fund, China Investment Corp, has restructured and announced a new department to mastermind (even) bigger long-term investments. It also now has a private-equity department to invest in property. (WSJ)

* Mianyang, a city close to the epicentre of t…

Source: Business Listings

Recession takes its toll on British innovation

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Protecting your ideas and the way that you intend to exploit them is not big busineses these days.

First the UK Intellectual Property Office reveals that trademark registrations are down around 30pc from their peak - a lead indicator of new business and product creation.

Now its European counterpart for trademarks and designs says that UK applications for European wid…

Source: Business Listings

From Swine flu to Swinefighter: British gamers do it again

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Where this is human suffering on a potentially huge scale there is an opportunity.

So over to Heyzap.com, a quick moving games company based in Silicon Valley but run by two Brits.

It has just launched <a href=”http://www.swinefighter.com/”…

Source: Business Listings

Have the media had a good credit crisis?

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There is only one thing that journalists like more than scrutinising the performance of others and finding it wanting, and that is a spot of self-examination. Usually, this is no more interesting for outsiders than a bunch of computer nerds chatting about a new piece of code. But there is one question that I have been asked frequently in the last year or so, and it came up again at this morning’s <a target=”_blank” href=”http://www.editorialintelligence.com/” title=”editoria…

Source: Business Listings

Pharmacies cashing in on swine flu fears

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Amid reports that anxious Singaporeans are stockpiling face masks and Tamiflu - a drug believed to be effective against swine flu - despite the fact that the disease has not hit here, Singapore’s largest chain of pharmacies is playing on people’s fears in a rather questionable attempt to boost sales.

“Swine Flu alert! Protect yourself and your…

Source: Business Listings

What’s happening in China 29/4/09

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Wednesday April 29

* China has allegedly offered to lift its objections to Taiwan’s participation in the World Health Assembly, a key decision-making body of the World Health Organisation. Since being expelled from the UN in 1971, Taiwan has not been able to actively represent itself and has long petitioned for inclusion, supported by the US. Until now, China has blocked all attempts, conscious that any political involveme…

Source: Business Listings

Swine flu deflation

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The markets have been remarkably relaxed about the rise in the World health Organization pandemic alert Phase 4 (sustained human to human transmission) - and tonight perhaps to Phase 5.

They seem not to care that confirmed cases of H1N1 avian-swine flu have spread to Israel, Spain, France, New Zealand, and Korea.

This surprises me. The WHO alert is the best objective indicator we have of rising risk, and the potential implications of Phase 4 or Phase 5 are .. well .. awful.</…

Source: Business Listings

Why I’m cross with marathon-runners

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Next Wednesday, I will be running five kilometres in Battersea Park in aid of Cancer Research. I should be feeling good about this, but I’m not. This is not because I’m worried about being able to run the whole distance - I know for sure that I haven’t a chance. The reason I’m feeling stressed is that so many of my so-called friends have upped the ante by running marathons and, in one case, completing the Three Peaks Challenge (climbing Ben Nevis, Sca Fell and Snowdon in 24 hours). My…

Source: Business Listings

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