ECB Says Cost of New Frankfurt Skyscraper Soars by 41%

The European Central Bank said the cost of its new Frankfurt headquarters will jump by as much as 41 percent due to higher prices for construction materials and “a number of unforeseen challenges.”
The 185-meter twin-towered skyscraper will now cost as much as 1.2 billion euros ($1.6 billion), up to 350 million euros more than the initial price of 850 million euros, the ECB said in a statement yesterday. The central bank’s relocation to the new premises remains scheduled for 2014, it said. Previously, the ECB said it would move into its new headquarters in early 2014, with construction due for completion at the end of 2013…article

more news /German

 

The Economics of Breast Photography

Many breasts were bared as William and Kate visited the Solomon Islands.  The photographer said he would have earned 1.6 million dollars if he’d been allowed to market Kate’s breasts turned out to be off limits.  The photographer who captured them said he could have made 1.6 million dollars if he had been allowed to continue to sell them.
Kate’s breasts. Article  

Most Influential Woman in Investment Banking: The shortlist

Most Influential Woman in Investment Banking: The shortlist Financial News

will announce its choice of the most influential woman in European …more

FN 100 most influential 2012

For the second year running, Mario Draghi has topped the FN100 list of the most influential people in the European capital markets.

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