Author

 
Nils Pratley

Nils Pratley

    Greek referendum: A yes vote would be messy, a no even messier
    Greek referendum: A yes vote would be messy, a no even messier
    Referendums settle matters definitively, right? Not in Greece. Both outcomes next Sunday would raise as many questions as they answer.
    Visionary vs Greece's Mr Austerity
    Visionary vs Greece's Mr Austerity
    The tainted old order under Prime Minister Antonis Samaras is up against unencumbered young firebrand Alexis Tsipras.
    US is nowhere near a grand solution to fiscal crisis
    US is nowhere near a grand solution to fiscal crisis
    Fans of cliff-top dramas should settle back and prepare for another episode as the March deadline approaches.
    BP dividend: To pay or not to pay?
    BP dividend: To pay or not to pay?
    The more it says it can cope with whatever penalties are imposed on it, the more US politicians are entitled to ask whether they are high enough.
    What does the war on Wall Street mean for the big banks?
    What does the war on Wall Street mean for the big banks?
    More details please. On Thursday ­President Obama declared war on Wall Street -- but what would ­victory look like?
    Not much can be done for taxpayers who face being fleeced
    Not much can be done for taxpayers who face being fleeced
    It was a bad plan -- but it was a plan. The refusal of the US House of Representatives to back Hank Paulson's bail out takes us into new territory.
    Day the time bombs went off
    Day the time bombs went off
    If this is the death of Wall Street as we know it, the tombstone will read: killed by complexity.
    Is oil going back under $100 a barrel?
    Is oil going back under $100 a barrel?
    Is it over? Was that the oil shock? Can we relax, sit back and expect our energy bills and prices at the pumps to tumble?
    UK govt bails out bank
    UK govt bails out bank
    You might have expected Northern Rock to sound apologetic as queues formed outside its branches and its website was overwhelmed. Here is a bank that lent aggressively and tried to grab a big share of the mortgage market. Now its business model has been exposed as fragile and its brand damaged, perhaps beyond repair.
    FTSE hits landmark 6 000
    FTSE hits landmark 6 000
    The FTSE 100 (the Financial Times/London Stock Exchange list of the top 100 companies) spent much of last week above 6 000 points for the first time since March 8 2001, achieving the latest landmark in one of the most remarkable post-war stock market recoveries. It didn't quite last -- the closing level was 5 999,4.
    Marriage for 'beauty not money'
    Marriage for 'beauty not money'
    SABMiller has won its fight to buy Bavaria, a Colombian-based brewer regarded as the last major prize in the global beer industry's pursuit of growth in South America. SAB's shares moved sharply higher as investors applauded an apparent bargain price of $7,8-billion, almost $1-billion below some market estimates of Bavaria's value.