Archive | 20:06

BBC Unions To Strike During Tory Conference

13 Sep

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Rt Hon David Cameron MP speaking at the Conser...

Image via Wikipedia

The BBC strike is about pensions, which are among the most generous in the public sector – the striking dates seems carefully chosen:

“I’ve just seen the news that BBC unions will be going on strike on 5 & 6 October. How totally coincidental that this is during the Conservative Party Conference and that the BBC may not be able to broadcast David Cameron’s speech or give it any news coverage. And even more coincidental that the second strike will be on 19 & 20 October, the day of the Comprehensive Spending Review. Who’d have though it, eh?”

Go to Iain Dale’s Diary for more.

The Age Of Distributed Capitalism

13 Sep

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Quel ricco sfondato di Mark Zuckerberg, founde...

Mark Zuckerberg via Wikipedia

“Today, we are moving from an era of mass consumption to one focused on the individual. Sharp increases in higher education, standards of living, social complexity, and longevity over the past century gave rise to a new desire for individual self-determination: having control over what matters, having one’s voice heard, and having social connections on one’s own terms. The leading edge of consumption is now moving from products and services to tools and relationships enabled by interactive technologies. Amazon.com, Apple, eBay, and YouTube are familiar examples of companies solving today’s premium puzzle.”

Details from the latest McKinsey Quarterly here.

Prolog Du Jour

13 Sep

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Barron’s: Why Is Tech So Unloved? The shares have dropped to their lowest valuation, relative to the S&P, since March 1991.

BBC: Central bankers agree new rules. Regulators from 27 nations more than doubled their capital requirements for banks, giving lenders as long as eight years to comply in full, as part of international efforts to prevent future financial crises.

Bloomberg: Strengthening Chinese Domestic Demand Undermines Case to Limit Yuan’s Gain. Evidence of strengthening domestic spending in China undermined the case for Premier Wen Jiabao’s government to resist a faster pace of currency appreciation days before U.S. lawmakers meet to address the issue.

BusinessWeek: Tracking 25 of the World’s Most Innovative Companies.

Forbes: Fire The Status Quo Police. Their power to prevent innovation can devastate your business.
TIANJIN/CHINA, 27SEPT08 - Wen Jiabao, Premier ...

Wen Jiabao, Premier of the People's Republic of China via Wikipedia

MarketWatch: Recovery’s yin and yang: Investors will get look at recovery’s critical components in coming week with reports U.S. retail sales and manufacturing.

Reuters: Investors, prepare for volatility.

The Economist: Banyan hears grudging admiration for undemocratic power cuts in China.

The Business Insider: Facebook Passes Google In Time Spent On Site For First Time Ever.

The Financial Times: Lucy Kellaway:Why toddlers have the perfect CEO skills.

The Guardian: No British banks in top 10 of world’s safest financial institutions.

The New York Times: The Loneliest Analyst. When a Florida bank sued the analyst Richard X. Bove for his critique of its financial health, his colleagues and his employer abandoned him.

The Wall Street Journal: Power Investing: There’s a lot of money to be made—and lost—in the energy markets. Here are signposts to watch to help tap potential winners.

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