Kremlin shields Gazprom from EU
The Kremlin has moved to shield Gazprom from an EU anti-monopoly investigation in a deepening standoff over gas prices, warning that it will not co-operate with actions deemed to be against its interests.
A decree signed yesterday day by Vladimir Putin aims to protect “strategic” companies operating abroad, demanding that any foreign organisation requesting information, assets or changes to contracts from strategically important companies must first seek permission from the Russian government.
News Corp shakes up management
News Corp has appointed Paul Cheesbrough, the man credited with introducing the Times and Sunday Times paywall, to be its chief technology officer in another management shake-up at Rupert Murdoch’s media empire before its planned split into two companies.
GoDaddy denies hack attack
GoDaddy, the web hosting firm, said that Monday’s widespread outage, which affected thousands of websites, was caused by technical difficulties, not a hacking attack as had been suggested.
Titanic special effects company sinks
The company that made the special effects for Titanic has sunk under its debts. Digital Domain, which was founded by film director James Cameron, declared Chapter 11 bankruptcy protection yesterday.
Herbalcos looking to clean up
Herbalcos International, a Chinese maker of detergent and shampoos, is to float on London’s AIM in an initial public offering expected to value it at between £75m and £80m.
The Daily Telegraph
Clegg embroiled in row over gay marriage after bigots comment
Nick Clegg is embroiled in an embarrassing row over homosexual marriage after issuing a statement denouncing opponents of the coalition’s plans for same-sex unions as “bigots”
Eurozone test as Dutch go to polls
The Eurozone faces a major political test today as the Netherlands votes in elections expected to weaken Angela Merkel's grip on Europe.
THE WALL STREET JOURNAL
McDonald's August sales rise 3.7pc
McDonald's global same-store sales rose 3.7 per cent in August as weak performance in southern Europe weighed on the world's largest fast food chain.
Israel blasts US over Iran
The rift between top US and Israeli leaders appeared to deepen as prime minister Benjamin Netanyahu levelled the sharpest attacks in years by an Israeli leader on Washington over differences on how to address Iran's nuclear programme.