RUSSIA AND CHINA INK DEALS October 13, 2009 RUSSIAN and Chinese companies have signed deals worth $3.5bn (£2.2bn) during Russian Prime Minister Vladimir Putin’s visit to Beijing, where he was hosted by Chinese premier Wen Jiabao. The deals included a $500m loan from the Agricultural Bank of China to Russia’s second biggest lender VTB.
Analysts are impressed by M&S’s Dyson October 13, 2009 MARKSand Spencer’s finance director Ian Dyson yesterday wowed shareholders and analysts at the firm’s first investor day in a decade, convincing some he is the right man to replace outgoing boss Sir Stuart Rose. Dyson is widely-tipped for the top job, as are director of clothing Kate Bostock and head of food John Dixon. The [...]
McFall backs motion to split banking units October 13, 2009 TREASURY committee chairman John McFall yesterday threw his weight behind a House of Commons motion calling for banks’ retail and investment banking “casino” operations to be split. Labour MP McFall – noted for his scathing attacks on bankers’ behaviour during Treasury committee sessions – seconded an early-day motion tabled by Alun Michael MP, the chair [...]
There’s no need to be scared of US stocks October 12, 2009 GIVEN the global influence of American business, it would seem perhaps a little odd that we Brits feel we don’t know enough about the largest market in the world to invest in it. This was, essentially, the upshot of research published yesterday by the largest US discount broker Charles Schwab. Based on a survey of [...]
10,000 ON THE DOW IS NOT IMPOSSIBLE October 12, 2009 MARTIN SLANEYHEAD OF DERIVATIVES, GFT DO not underestimate just how important this week is for the markets. The next few days are likely to prove decisive in determining the near-term direction of global stock markets. And it’s all down to earnings. In the first quarter, the overriding concern was whether we were facing meltdown, and [...]
Brunette ambition in tough times October 12, 2009 WITH the economic golden days over and the job market still precarious, who has time to spend 72 minutes a day on their appearance? Blondes, apparently, who – according to recent research by hair care company Goody – take more time than women of any other hair colour to get ready to go out, be [...]
IN DEFENCE OF BLONDES October 12, 2009 EVER since actress Jennifer Hudson sashayed into a New York cafe in the Sex and the City Movie and failed to recognise the newly-darkened locks of her trend-setting boss Carrie Bradshaw, the world of hairdressing has developed an obsession with the idea of ditching the bottle. Blonde is out, they cry; save money, go back [...]
OUT OF OFFICE October 12, 2009 FRIEZE ART FAIRLondon’s art world goes into overdrive this week as the season of contemporary art fairs gets underway. The biggest of the lot once again is Frieze (www.friezeartfair.com), taking place in a huge marquee in Regent’s Park from Thursday to Sunday, showcasing works for sale from the biggest galleries in the world. How will [...]
New York comes to Docklands October 12, 2009 Lower East Liquor Bar28 Westferry Circus, E14 8RRTel: 020 7536 2862 FOODSERVICEATMOSPHERECost in restaurant per person without wine: £25 THE Docklands’ great trump card, when it comes to leisure and lifestyle, is the river. Residents have access to the best views in town, immaculate riverside running paths and access to water transport (how jolly). Now [...]
FOOD & BOOZE NEWS October 12, 2009 SOHO GOES AQUAHere’s ambition. Having opened a slew of stylish, modern restaurants in Hong Kong – including one that garnered a Michelin star – former Credit Suisse laywer-turned-restaurateur David Yeo has set his sites on conquering London, and he’s taking a three-in-one approach. Aqua London, his new venue on the fifth floor of the former [...]