Court battle for Deutsche in New York September 23, 2009 DEUTSCHE Bank and a banking unit of Saudi Arabia’s Algosaibi family battled in court yesterday over whether to throw out a $74.2m (£45.3m) claim by the German bank, part of a flurry of lawsuits involving billions of dollars and allegations of fraud. New York State Supreme Court Justice Bernard Fried said he expects to rule [...]
Court battle for Deutsche in New York September 23, 2009 DEUTSCHE Bank and a banking unit of Saudi Arabia’s Algosaibi family battled in court yesterday over whether to throw out a $74.2m (£45.3m) claim by the German bank, part of a flurry of lawsuits involving billions of dollars and allegations of fraud. New York State Supreme Court Justice Bernard Fried said he expects to rule [...]
F&C DITCHES THE DORCHESTER FOR A LEANER SHOWING AT PING PONG November 25, 2009 THINGS may be looking up in terms of the economy, but the corporate Christmas goose is looking just as lean as it was in the depths of the financial crisis last year – and a little bird tells me that asset management firm F&C Investments is among the companies trimming its budget. Usually, F&C staffers [...]
The best places to splash the cash with discretion November 11, 2009 MARCUS Wareing recently told City A.M. that ever since the start of the financial crisis, the phones have been ringing off the hook of his restaurant at the Berkeley Hotel with enquiries about the private dining room. “People are spending money,” he said. “They just don’t particularly want to be seen doing it.” It seems [...]
GSK to get flu injection July 19, 2009 DRUGS giant GlaxoSmithKline is gearing up to make almost £1.3bn from sales of its swine flu drug treatments. In May the UK’s largest drug firm said that it had already taken 128m orders for a vaccine, in deals worth approximately £600m, including those from the UK. But with around 50,000 cases in the UK diagnosed [...]
GSK to get flu injection July 19, 2009 DRUGS giant GlaxoSmithKline is gearing up to make almost £1.3bn from sales of its swine flu drug treatments. In May the UK’s largest drug firm said that it had already taken 128m orders for a vaccine, in deals worth approximately £600m, including those from the UK. But with around 50,000 cases in the UK diagnosed [...]
Take yourself out for a lovely dinner alone October 7, 2009 IT’S not just about where you eat, but who you eat with. Nothing says quiet confidence like dining alone. Indeed, Suzanne Pirret, the pin-up chef, wrote a whole book called The Pleasure’s All Mine, about the joys of dining alone. If the thought of sitting at a table for two on your own puts you [...]
Oil surprise staves off Wall Street lull August 19, 2009 US stocks rose yesterday, shaking off a slide in China’s equity market as investors responded well to a surprise drop in crude oil stockpiles that might suggest an improving demand outlook. Exxon Mobil and Chevron led the blue-chip Dow industrials index’s advance. Exxon Mobil was up 2.3 per cent at $68.00, and Chevron gained 1.8 [...]
Wilkinson in, Cipriani out July 7, 2009 ENGLAND manager Martin Johnson has recalled record points scorer Jonny Wilkinson to the 32-man elite player squad in favour of Wasps’ Danny Cipriani. Wilkinson, who left Newcastle for Toulon earlier this summer, and Brive’s Riki Flutey are the only France-based players in the party. Cipriani, 21, started last season as England’s first choice No10 but [...]
Roche drug gets WHO backing June 11, 2009 The World Health Organisation (WHO) is to start distributing a further batch of 5.65m courses of the antiviral drug Tamiflu from Swiss drug maker Roche Holding. Earlier WHO director general Dr Margaret Chan said it was raising its pandemic alert to phase 6, the top of its six-point scale, because of the outbreak of swine [...]