Getting ahead in a recession: five tips to sharpen up your job-hunt June 3, 2009 JOB hunting is a painful process at the best of times, and even more so during a recession. We spoke to Michael Moran, chief executive of career development company Fairplace, for tips on how to get to the next step on the career ladder. 1. UNDERSTAND THE SKILLS YOU HAVEIn order to sell yourself to [...]
Management MAs are the fast-track to business success June 3, 2009 ONE of the growing trends in professional education is the rise of masters courses in management. Such courses have been taught at business schools around the world for the past couple of decades, and at the moment they are becoming more popular, with two of London’s biggest institutions newly getting on board. Last September, the [...]
Oil stocks push FTSE 100 lower for second day in row June 3, 2009 THE large cap index lost 2.1 per cent yesterday, dented by weakness in commodity stocks, banks and index heavyweight Vodafone, which traded ex-dividend. At the close, the FTSE 100 was down 93.60 points at 4,383.42, albeit above the session low of 4,359.33. Oil producers were the standout losers, retreating after recent gains in line with [...]
US hit by fears that worst is not over June 3, 2009 US stocks tumbled yesterday, halting a four-day winning streak, as falling oil prices hit energy shares, while less upbeat economic reports rekindled worries about recovery prospects. Oil prices slipped more than 3 per cent after a surprise build-up in inventories. Shares of energy companies, including Chevron off 1.6 per cent, were top drags, along with [...]
Fears over Barclays sell-off drag the FTSE 100 down June 2, 2009 THE FTSE 100 ended down 0.7 per cent yesterday, hurt by banks after a major shareholder sold its holding in Barclays, although improving US pending home sales lent some support. The index closed 29.17 points lower at 4,477.02, giving up some of the previous session’s 2 per cent rise. Barclays topped the FTSE 100 losers’ [...]
Housing data gives US markets a boost June 2, 2009 US stocks rose for the fourth straight day yesterday as an upbeat report on sales of previously owned US homes bolstered hopes for an economic recovery. But a sell-off in financials on worries about the dilutive impact of recent stock offerings limited a broad advance. An index of pending sales of previously owned US homes [...]
Technicals will help you profit from bullish cable outlook June 2, 2009 IN January sterling was the whipping boy of the currency markets, culminating in near-parity with the euro and investors like Jim Rogers proposed dollar parity in 2009. But what a difference six months can make. Yesterday sterling hit another seven-month high against the dollar – up 20 per cent on the pair’s January lows. But [...]
INFLATION NO THREAT TO THE DOLLAR June 2, 2009 BORIS SCHLOSSBERGDIRECTOR OF CURRENCY RESEARCH, GFT OVER the past two weeks, the US dollar has been battered from all sides, hitting yearly lows against the euro, pound and all Commonwealth currencies. Economic data has shown steady improvement, giving investors more confidence to move their capital into higher-yielding, riskier currencies. But the growing fear that US [...]
Making sense of the legal consultation game June 2, 2009 ARE you feeling bemused? You are not alone. The City’s legal framework is undergoing profound change in the form of consultations that could define the direction in which the legal profession is heading. The point of consultations is to generate considered input from a wider number of people, leading to improved proposals. The problem for [...]
THE FSA HAS TO FIGHT TO KEEP GAINS June 2, 2009 DORIAN DREWPARTNER, NORTON ROSE LLP THE FSA has sometimes been called a watchdog with no teeth. That has begun to change, and in recent months there has been a notable increase in success. This, perhaps, is a result of increased activity following criticism of the watchdog. But all of this progress could be undermined. It [...]