Exports bounce back

first_img AN index of British factory orders rose to its highest level in two years in August after overseas demand rebounded from a dip in July, the CBI’s monthly industrial trends survey showed.The CBI survey showed how the total order book balance rose in line with expectations to -14 this month, up from -16 in July.The export order book balance rebounded to -1 from July’s -12, a sharp dip from the -2 recorded in June. This survey’s order book balances are almost always in negative territory, even when other measures show growing orders.“Prospects for the manufacturing sector remain very positive. Demand is steadily improving, helped by the revival of export orders after some weakness last month, and manufacturers expect slightly strong production growth in the three months ahead,” said the CBI’s head of economic analysis, Lai Wah Co.“However, inflationary pressures within the sector have not fully faded, and firms are predicting a faster rise in output prices over the next quarter,” she continued.The domestic prices index jumped to its highest since May at +11 versus +5, while output expectations rose to +10 from +6. Tags: NULL whatsapp John Dunne whatsapp Share Exports bounce back Thursday 19 August 2010 7:04 am More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Show Comments ▼last_img read more

BofA bolsters M&A team after poaching Nomura rainmaker

first_imgTuesday 7 September 2010 11:02 pm BofA bolsters M&A team after poaching Nomura rainmaker whatsapp Share ADRIAN MEE, head of European mergers and acquisitions at Nomura and one of the bank’s key rainmakers, has quit the Japanese investment bank to join Bank of America Merrill Lynch (BoA).The move will come as a blow to Nomura which has suffered a series of high-profile defections just two years after acquiring the European and Asian investment banking of Lehman Brothers.Mee, global head of M&A at Nomura, will become head of international M&A at BoA. He joins his former colleague Christian Meissner, who ran the investment banking business at Nomura before resigning earlier this year to join BoA.The pair, along with William Vereker, co-head of global investment banking at Nomura, were the three main negotiaters in the acquisition of Lehman’s businesses.The duo recently advised International Power on its deal with France’s GDF Suez to create the world’s largest utility with annual revenue of €84bn (£69.3bn).Nomura still ranks 18th in the league tables for European M&A, compared with BoA which has held a top five position under the leadership of Carlo Calabria. Read This NextNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proofcenter_img Show Comments ▼ whatsapp KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Adsautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Tags: NULLlast_img read more

Sony set to hit PS3 target

first_imgThursday 16 September 2010 8:05 pm whatsapp Sony set to hit PS3 target by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com whatsapp Show Comments ▼ Sharecenter_img KCS-content Sony yesterday said its PS3 game console sales were on track to reach its target of 15m units for the year to March 2011, with sales for the April-September first half likely to be just above forecast.“As of the end of August, sales look a bit better than we expected,” said Kazuo Hirai, president of Sony Computer Entertainment. Hirai, speaking in an interview on the sidelines of the Tokyo Game Show, added that much still depended on the year-end shopping season.His comments came days after research group NPD said retail sales of video game equipment and software in the United States fell 10 per cent in August, as the industry continues a months-long slump.Sony faces a stand off with rival Microsoft in the coming months, as both bet on motion-gaming add-ons for their existing consoles in a bid to attract non-gamers and entice hardcore fans to buy new software.Sony launched its Move motion controller for the PS3 on 15 September in Europe, ahead of Microsoft’s Kinect motion-sensing system, which hits store shelves on 4 November.Both companies are also encouraging console owners to sign up for network services, allowing upgrades and game downloads as well as communication with other gamers.Hirai said 80 per cent of the 38m PS3 units sold so far were linked up to Sony’s PlayStation Network, and the company was targeting 100 per cent of the consoles.He said there were no plans to consolidate PlayStation Network with the company’s Qriocity network, an online movie service in the United States. More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comSidney Crosby, Alex Ovechkin are graying and frayingnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Tags: NULLlast_img read more

BT warns Ofcom of legal challenge ahead of ruling

first_img Show Comments ▼ whatsapp KCS-content whatsapp Tags: NULL Sharecenter_img BT warns Ofcom of legal challenge ahead of ruling Tuesday 16 November 2010 9:20 pm by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBlood Pressure Solution4 Worst Blood Pressure MedsBlood Pressure SolutionMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutHealthyGem”My 600-lb Life” Star Dropped 420 Pounds, See Her NowHealthyGemDaily Finance StoriesChrissy Metz, 40, Shows Off Massive Weight Loss In Fierce New PhotoDaily Finance Stories Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap TELECOMS giant BT has warned it could sue regulator Ofcom, after it refused to allow a rise in wholesale fees to rivals to help repair BT’s onerous pension deficit.An interim ruling in July by the regulator denied BT the opportunity to raise charges on its Openreach business, the subsidiary used by rivals to access BT’s network. If onfirmed in December by Ofcom, the operator could pursue a legal challenge.Companies in other sectors are allowed to raise wholesale charges to rivals in order to address pension deficits, including in the gas and electricity market.Worries over BT’s pension pot were raised by the Pensions Regulator in February over the company’s plans to remedy its deficit, which stood at £9bn, according to a December 2008 actuarial valuation. last_img read more

Service sector morale hit by consumer slump

first_img CONSUMER service businesses such as bars and restaurants are suffering from sluggish demand, according to a survey released today.Optimism plummeted 22 percentage points among consumer service executives, who have seen the value and volume of their businesses hit.Employers’ organisation the CBI surveyed 169 service sector firms, covering both consumer services and professional services such as accountancy.Thirty per cent of consumer-sector respondents said the value of their business had risen this quarter, yet 38 per cent reported a fall. And the same balance (-8 per cent) expect a decline in value of trade over the next three months.The poor results were a surprise, after modest growth had been expected.The outlook is a little rosier for professional services. While sentiment is still negative (at -4 per cent), it has recovered from its August low of -17 per cent.Volume of business in professional services is narrowly up, increasing by a percentage point to three per cent.Yet Ian McCafferty of the CBI said uncertainty over consumer demand is causing a fall in business optimism.“Consumers are cutting back on leisure spending, leading to a surprise fall in business volumes and flat profits,” he said. Service sector morale hit by consumer slump whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof KCS-content Sunday 28 November 2010 9:32 pm Tags: NULLcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Center whatsapp Show Comments ▼ Sharelast_img read more

Rose leaves M&S as new era begins

first_imgTuesday 4 January 2011 7:42 pm SIR Stuart Rose said farewell to Marks & Spencer (M&S) yesterday, drawing to a close a colourful six years at the helm of the retailer. He formally hands over the reins of chairman to former City banker Robert Swannell today.Sir Stuart, 61, was hailed as an inspiration after steering M&S to a £1bn profit, but fell foul of shareholders after a period in which he acted as chairman and chief executive, sparking fears that he was wielding too much power.The move was also against corporate governance guidelines. Former Wm Morrison boss Marc Bolland joined as chief executive in May, paving the way for Rose to step down as chief executive, and now chairman. Sir Stuart started his retail career in 1972 when he joined M&S as a management trainee. He left the firm to work in a series of posts at rival retailers including Debenhams and Argos. However, he made his mark at fashion firm Arcadia after presiding over the sale of the company to Sir Philip Green. He reportedly made £25m from the deal. After returning to an ailing M&S in 2004, he put the company back on track by reviewing the ranges offered by the company as well as launching a series of successful advertising campaigns. New chairman Swannell has retail experience from his time as chairman of HMV Group. He also advised M&S during the hostile takeover battle with Green.Rose said: “I feel I have done the job I was hired to do at M&S. People forget what a dilapidated state it was in when I took over.” He has taken on an advisory role at private equity firm Bridgepoint.TIME LINE | THE CAREER OF SIR STUART ROSE1972 to 1989 Sir Stuart began his retailing career as a management trainee at M&S, working there from 1972 to 1989.1989 to 2000 Works in management positions at retailers including Burton Group, Debenhams and as chief executive of Argos.2000 Becomes chief executive of Arcadia Group – which he sold to Sir Philip Green in 2002. Made £25m himself.2004Returns to M&S in the position of chief executive. Taken on to steady the ship after share price plunge. Sees off a bid for the business from Green.2007Rose is given a knighthood in recognition of his services to business after steering M&S back to health and re-thinking the company’s ranges.2008Applauded by shareholders for steering firm to a £1bn profit in tough economic times.2009 His reputation is dented as he is attacked for taking on the dual role of chairman and chief executive, and allowing over-excessive boardroom pay.2010Former Morrisons chief Marc Bolland takes over as chief executive but Rose continues to oversee the business as he assesses the changes he wants to make. His strategy statement eventually reveals that he would not radically change the firm.4 Jan 2011Officially steps away from M&S leaving Robert Swannell as new chairman. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldUndoAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteUndoDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionUndo Tags: NULL KCS-content Rose leaves M&S as new era begins center_img whatsapp More From Our Partners Man on bail for murder arrested after pet tiger escapes Houston homethegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comColin Kaepernick to publish book on abolishing the policethegrio.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com whatsapp Show Comments ▼ Sharelast_img read more

BP MAKES HEALTH AND SAFETY TOP PRIORITY

first_img KCS-content Show Comments ▼ More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org whatsapp GIVEN BP’s recent misadventures in the Gulf of Mexico – and the subsequent $20bn (£12.6bn) it has sunk into a compensation fund – The Capitalist is relieved to note that safety is top of the agenda for visitors to BP’s offices.Indeed, some may argue that BP has gone rather overboard with its ‘elf ‘n’ safety rules. Woe betide anyone attempting to use the stairs without taking a firm grasp of the bannister – an offence of this magnitude warrants a report to the duty manager.Want to take a cup of coffee with you? Not unless it has a lid on it (although, presumably if the coffee was spilled, BP would be able to absorb the mess by throwing golf balls and human hair at it). And don’t even think about carrying something that requires more than one hand upstairs with you – how on earth would you be able to hold onto the bannister? That was the first rule!A po-faced BP press officer refused to give The Capitalist a copy of the safety booklet. “In my experience, diary columns are meant to be funny and safety is very serious,” he said, in a PR flourish worthy of former boss Tony Hayward himself.TRUE HIGH FLYERThe Capitalist naturally assumes that all its readers are high-flyers. But City girl Gisele Edwards (top right) stretches the point to extremes. The Asian stockmarket equity analyst leads a dramatic double-life as an aerial artist. She has wowed crowds above Trafalgar Square with death-defying stunts and even worked with sculptor Anthony Gormley.If that wasn’t enough, Gisele is also a Mandarin-speaker, a composer and vocalist with her own funk fusion band and a ballet dancer who has performed with the National Chinese Ballet. She read Chinese at Cambridge University and Islamic and Asian Art History at the School of Oriental and African Studies.FIRED, AGAINHamster-like defeated Apprentice candidate Alex Epstein (right) managed to raise his profile earlier this week by inadvertently trending on Twitter. The hapless fired candidate sent a grovelling email to more than 700 media bosses asking for work as a pundit. Only problem was, he forgot to hide the email addresses. Cue a free-for-all of insults sent between the editors, including the choice: “I had the pleasure of receiving it twice. So that’s a double ‘no’ from me.”ROMANCE IS DEADAnd on to one man who has no need for extra publicity. City stalwart David Buik amused his readers this week with his musings on modern relationships. Prompted by the 100-day countdown to the Royal wedding, Buik despairs of modern courtships that involve “See you at the pub at 8pm; the next round’s yours. Your share of dinner is £60 please and unless there is a bit of ‘nookie’ or ‘slap & tickle’ on offer, find your way home in a cab, gal!” Not like Buik’s day… “I can’t get my head round this culture,” he grumbles.A NOD TO HARD WORKAnd finally, a nod to the intrepid graduate featured in City A.M. earlier this week. James Elgeti was pictured wearing a sandwich board promoting himself as a future City boy. James told The Capitalist he now has several meetings set up and the chair of HSBC London Alumni has asked us to put him in touch with James. Well done, son. Sharecenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comSenior Living | Search AdsNew Senior Apartments Coming Nearby Scottsdale (Take a Look at The Prices)Senior Living | Search AdsAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCute BP MAKES HEALTH AND SAFETY TOP PRIORITY Thursday 20 January 2011 7:45 pm whatsapp Tags: NULLlast_img read more

Nintendo leaps ahead with 3DS

first_img whatsapp Sunday 23 January 2011 9:30 pm KCS-content AFTER being surrounded by the latest in 3D technology for a week at the Consumer Electronics Show in Las Vegas, the sight of two-dimensional images – a video of a puppy playing, for example, or a photograph of a friend’s newborn baby – now makes me uncontrollably and violently sick. Watching standard 2D TV is like peering through the analogue haze at the Queen’s coronation footage from 1952, while wearing a blindfold. I have even built a pyre in my garden, upon which I plan to throw my old Xbox 360 and PlayStation 3 games, casting the outdated technology to the flames where it belongs.Thank the lord, then, that Nintendo is almost ready to launch its much-hyped 3DS. The portable console will hit the UK on 25 March, after an embarrassing delay that resulted in the firm missing the lucrative Christmas market, and while they haven’t let me get my hands on one yet, what I have seen so far looks impressive.I got a chance to play with some of the first portable glasses-free 3D gadgets at CES and the depth that even a small screen can achieve is astonishing. Judging by the demos Nintendo showed off last week, this translates nicely to its trademark cartoony games. The dual-screen device is also packing motion and gyro sensors (although these clash with the 3D technology, which demands the device is held still, meaning you have to go into 2D mode to take advantage of them), and Nintendo has introduced its own version of the App Store, allowing it to cash in on the trend for casual and retro games.The Japanese firm has already unveiled a host of launch titles, including new versions of Street Fighter and Pro Evolution Soccer. So far so good. The catch is the £229 price tag. Will gamers be willing to shell out such a handsome sum for a portable device (more than a standard Xbox360 console)? I doubt it. Expect prices to fall after hardcore fans have finished flashing the cash.One thing for sure is the new PlayStation Portable 2 (PSP2), which is set to be unveiled sometime this week, has a lot to live up to. Sony has already confirmed it will not feature a 3D screen, meaning it will either have to be very powerful or very cheap to compete (the PSP has already struggled against the DS, selling just 18m units in the US compared to Nintendo’s 47m).With games on mobile phones advancing at a remarkable pace, this could well be the last great battle of the stand-alone portable consoles. Apple’s iPhone and iPod Touch are evolving into fully-fledged gaming machines in their own right and Sony is set to launch its own PlayStation phone. But for now, clever money is on Nintendo to come out victorious.WHITE BLACKBERRY TORCH/iPHONEAs Apple boss Steve Jobs – the man who drove a stake through the heart of the beige PC – knows too well, colour is important. And in the mobile phone world, white is very much in this season. First up is a new version of BlackBerry’s flagship Torch handset. The white 9800 will be much the same as its monochrome sibling, only brighter, presumably for people wanting to be noticed typing their incredible important emails on the underground. Not to be outdone, Apple is set to respond with its very own white version of its iPhone 4.HYDRA (RAZER)High definition 3D screens are grabbing the headlines. But for gamers, three dimensions are becoming de rigueur off screen too. We got our hands on Razer’s latest motion sensing controller, the Hydra. The unit features two separate hand-held devices which are tracked by an electromagnetic field, doing away with the need for a motion sensing camera. This allows gamers to interact with the screen with incredible precision and pull off seemingly complex moves with relative ease. For now, the Hydra will only work with Valve’s upcoming title Portal 2 (which is out soon on Xbox 360, PlayStation 3, and PC), but something this good will surely be rolled out across other titles soon.iPAD 2More than 80 tablets were unveiled at the Consumer Electronics show earlier this month but none managed to knock the iPad from its perch. Now the competition may just have got even tougher, with rumours that the latest version of the all-conquering device could hit stores as soon as next month. The iPad 2 is expected to feature front and rear facing cameras and our money is on a more sophisticated multi-tasking system akin to that on the impressive BlackBerry Playbook. At the risk of going out on a limb, we think this will be the gadget to own this year. Show Comments ▼ Tags: NULLcenter_img Share whatsapp Nintendo leaps ahead with 3DS last_img read more

Goldman’s Cohn’s warning makes hedge funds furious

first_img Share whatsapp Tags: NULL Thursday 27 January 2011 8:39 pm Goldman’s Cohn’s warning makes hedge funds furious KCS-content whatsapp Show Comments ▼ Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautCheese Crostini: Delicious Recipes Worth CookingFamily Proof COMMENTS made by Goldman chief operating officer Gary Cohn in Davos this week have sparked fury among hedge fund investors, who form a large part of Goldman’s client base.Cohn sounded a warning about banking regulation on Wednesday at the World Economic Forum, saying that over-regulation could push dangerous practices into “the shadow banking system”.Although he did not explicitly point the finger at hedge funds, his remarks were widely interpreted to be targeting them. He claimed that the “unregulated sector” would experience a boom due to stringent new regulations imposed on banks and that risk “will move from the regulated, more transparent banking sector to a less regulated, more opaque sector”.But a hedge fund industry source told City A.M.: “The idea that the hedge fund sector is unregulated is complete tosh. And the idea that we are all better-off if banks are handling risk is absurd because they are the ones that bankrupted themselves.”“It’s much better to disperse risk among smaller players who are small enough to fail,” said the source.But despite the framing of his remarks, Cohn is now the third senior banking executive to speak out against anti-banker measures recently, after Barclays’ Bob Diamond said it was time for banks to stop saying sorry and JP Morgan’s Jamie Dimon said that overly generalised criticism of bankers was “unfair”. last_img read more

Businesses need help to export

first_img Tags: NULL Tuesday 8 February 2011 8:27 pm whatsapp Businesses need help to export whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndoBetterBe20 Stunning Female AthletesBetterBeUndocenter_img Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’Sportsnaut More needs to be done to get British companies exporting, the British Chambers of Commerce (BCC) said today. In a survey of 8,000 companies, nearly 70 per cent were not current or likely exporters, it said. And among companies that do export, 15 per cent still face difficulties accessing trade finance and insurance. Most businesses – 65 per cent – were unaware of the government’s Export Credits Guarantee Department, the BCC found. “Too many of our companies lack an exporting culture, even though they produce high quality goods and services,” said the BCC’s David Frost. Share Show Comments ▼ KCS-content last_img read more