How the Russian oligarchs came to rise and reign in boomtime London August 5, 2009 LONDONGRADBY MARK HOLLINGSWORTH AND STEWART LANSLEYFourth Estate, £12.99ONE of the most visible signs of the times over the past few years has been the increasing Russification of London. The likes of Roman Abramovich, the owner of Chelsea Football Club, Oleg Deripaska, who made headlines when he entertained the then-EU trade minister Peter Mandelson and shadow [...]
OUT OF OFFICE August 5, 2009 JAZZ AT VIVAT BACCHUSClerkenwell dwellers not content with food and fine wine should pop along to Vivat Bacchus in Farringdon this Saturday, where jazz pianist Jason Thompson (who has entertained the likes of Bill Clinton and Michael Douglas) will be in situ with his group, the JT Band. The food and wine here is always [...]
The breakfast club August 5, 2009 BREAKFAST has been creeping in to business culture for years. But let’s be honest – a couple years ago the preferred way of discussing important work matters was over beef bourguignon, a cheese plate and a couple of bottles of Burgundy. Those who opted instead for morning meetings were known as “power breakfasters”. Now, thanks [...]
In troubled times, traders look to flexible tools to maximise profits August 5, 2009 MARKET volatility during the financial crisis has meant that many investors have dived for cover and taken their money out of the markets. But that’s not the case for everybody. What is stormy weather for some is exciting for others, and those who like to plunge into volatility have been looking at the wide range [...]
A PRODUCT WHATEVER YOUR VIEW August 5, 2009 ALEXANDRE HOUPERTHEAD OF LISTED PRODUCTS UK, SG CORPORATE & INVESTMENT BANKING WHEN markets are choppy, clever traders look for new ways to diversify their tactics. One of the great things about covered warrants is their adaptability, which makes them a good addition to your trading armoury right now. For example, there are plenty of new [...]
BARCLAYS HIRES CLINTON SPINNER PENN FOR POST-CRUNCH COUNSEL August 5, 2009 BARCLAYS has brought in the big guns. Actually, it’s just the one gun, but they don’t come much bigger – Mark Penn, the American political pollster-cum-public relations guru who numbers both the Clintons, former UK Prime Minister Tony Blair and Microsoft boss Bill Gates among his powerful clients. Penn is the worldwide chief executive of [...]
THE LONDON REPORT August 5, 2009 The FTSE 100 closed down 0.5 per cent yesterday, after weaker than expected economic data in the US dragged equities lower, with oil producers and miners leading the losers. The index ended 24.24 points lower at 4,647.13, shy of Monday’s close when it hit its best closing level since the collapse of Lehman Brothers late [...]
NEW YORK REPORT August 5, 2009 US STOCKS slipped yesterday after weak data from the services sector and private payrolls cooled recent optimism the recession was retreating, but the market finished off its lows as investors ventured into riskier financial shares. The market’s decline came on the heels of a four-day rally that had driven the three major US stock indexes [...]
Flower praise hands off-key Broad a boost August 5, 2009 UNDER-FIRE seamer Stuart Broad looks set to retain his place in the England side for the fourth Ashes Test with Australia at Headingley tomorrow – after receiving a glowing assessment from coach Andy Flower. The Nottinghamshire bowler has failed to impress with the ball in the series so far, taking just six wickets in the [...]
Schumacher comeback hitch August 5, 2009 SEVEN-TIME champion Michael Schumacher’s racing comeback is in serious doubt due to a six-month-old neck injury, his spokesperson admitted last night. Schumacher will only be allowed to come out of retirement at the European Grand Prix later this month if the 40-year-old passes a stringent medical assessment, she added. “It is not sure yet the [...]
