Sunday, 16 December 2007
Sunday Business Round Up - 16 December
Bit late today, been out Christmas shopping at Bluewater. Busy as it was, it was no the hideous mess I would have expected, perhaps that is a small piece of anecdotal evidence for the type of Christmas it will be for retailers?
I digress, here are the 10 stories that caught my eye in the press today. This will be the last round-up until January, as there is much space filling in the next two weeks as most companies see a big chunk of their stuff down tools:
Ashley has more fun - Now he is to make himself chairman of Sports Direct. I wonder what the bonus payments are to the teams who got investors into this Turkey!
Google vs Microsoft - An excellent in-depth piece from the New York Times.
Nomura to but Collins Stewart - Will the fast growing small broker finally get snapped up?
No Resolution - FSA looks into market abuse during take-overs. Something that share prices will indicate is quite common, but is very hard to prove.
Rock bottom - Will the Northern Rock be nationalised over the Christmas break, whilst everyone is distracted with other Turkey's?
House Prices glum - Citigroup predicts 10% fall, quite modest really...
FTSE review - the excellent Tom Stevenson with a review of the year investing in the FTSE 100
Darling trouble - Our fantastically awful Chancellor is considering ways to avoid future crises. Perhaps he could could start by resigning?
PWC criticised - Another aspect of Northern Rock that will soon emerge, who is to blame. Shareholders mat well settle their aim on the auditors.
Fighting Pru - Winner of the week's most bizarre story is the CEO of Prudential, fighting in a Sunday football match....
Posted by CityUnslicker