Chariot Oil and Gas aims to shimmer with placement September 1, 2014 Chariot Oil and Gas hopes to have a sparking future after more shares were bought by Westward Investments Limited, which includes as a beneficiary Adonis Pouroulis, founder of Petra Diamonds and Chariot. With Petra owning the Cullinan mine, source of the largest diamond ever, Chariot will hope to get a shine as it hunts “black [...]
Uni Baggage’s luxury travel service rescues wealthy students from transport woe September 1, 2014 The young plutocrats, Britain’s last persecuted minority, can find life at university hard – set upon by lefty lecturers, student unions and worst of all, their state-schooled peers. Not only are the children of the UK’s elite forced to share quarters with young people who may have only accessed their places through merit – [...]
Will Ecuador ditch the dollar for its own bitcoin? September 1, 2014 Ecuador is launching its first digital currency, backed by the country’s central bank, supposedly as a way to help poorer people who haven’t previously been able to access traditional banking. The nameless crypto-currency will come into use in December and could mean that the country might drop the US dollar – the currency Ecuador introduced [...]
Fave will Cheka-mate opposition in Solario December 29, 2008 The Marcus Tregoning trained Shabiba looks the filly to beat at Sandown tomorrow in the Iveco Atalanta Stakes live on Channel 4 at 2.05pm. She is stepping back up to a mile after a promising third to Visit over an inadequate seven furlongs at Goodwood last time out. The daughter of Misterah didn’t get going [...]
Vodafone top brass change under Colao September 10, 2008 Vittorio Colao, Vodafone’s new chief executive, announced a major reshuffle of the mobile telecoms giant’s top management yesterday – a move that will split its blossoming emerging markets division into two and see the departure of his most senior executive by the end of the year. Colao has appointed former France Telecom finance director Michael [...]
BG concedes defeat over deal with Australia’s Origin September 10, 2008 BG group said yesterday it would not increase its hostile takeover bid for Australian Origin Energy after the company agreed to a joint venture with American oil giant ConocoPhillips. BG’s offer of A$15.50 (£7.08) a share, which expires on 26 September, will not be extended and is expected to lapse, BG said in a statement. [...]
More women make it to the top in City law profession… September 10, 2008 More women are landing top jobs at the UK’s leading law firms than ever before, according to a study released yesterday. The research, which was commissioned by The Lawyer magazine, showed that although men still outnumber females by four to one throughout the profession, ratios in the top ranks are slowly improving. Nearly 20 per [...]
…as 3i breaks glass ceiling September 10, 2008 Private equity firm 3i yesterday smashed through the City’s glass ceiling, announcing that it was appointing a female finance director. Julia Wilson, 41, will join the board at the end of the month to replace the outgoing finance director, Simon Ball. 3i chairman Baroness Sarah Hogg – who is the most powerful woman at a [...]
Tullet Prebon and GFI end merger talks September 10, 2008 Merger talks between GFI and Tullett Prebon ended last night after the two interdealer brokers failed to agree on the terms of a deal. Tullett, the second largest broker between banks, combined with GFI, the largest interdealer broker of credit derivatives, would have created a firm to rival market leader ICAP. This is the second [...]
Brain-drain? It’s nothing but a blip September 10, 2008 Lots of City workers are heading for Dubai at the moment, but don’t worry: London will lure them back soon, says Max Orbach We all know somebody who has re-located to Dubai, Singapore or even Moscow in the last few months, as the British economy has wobbled, house-prices have fallen and inflation has risen. While [...]
