Thirteen years later, workers return to World Trade Center November 3, 2014 ONE WORLD Trade Center opened for business yesterday, more than 13 years after the original towers were destroyed in the 11 September attacks. The 104-storey building is 541 metres tall, making it the tallest skyscraper in the western hemisphere. It is currently 60 per cent leased. Workers at publisher Conde Nast have started moving in.
Taylor Swift withdraws music from Spotify November 3, 2014 TAYLOR Swift’s entire catalogue of music was removed from streaming service Spotify yesterday. The singer requested her work be removed following a dispute over her latest album, the Swedish company said. Swift had withheld the album from Spotify, a move which helped maximise full-price CD and iTunes download sales.
Naked Wines has added sparkle after bond November 3, 2014 Naked Wines, which crowd funds independent wine makers, has enlisted award-winning champagne maker Jean-Philippe Moulin, who also makes wine for Champagne Barons de Rothschild, to create its own range after raising £500,000 through bonds. “It’s like getting Ronaldo to sign for Norwich,” said a source close to the Norwich-based firm.
Diageo and Casa drink swap November 3, 2014 CASA CUERVO AND DIAGEO CURRENTLY EACH OWN 50% OF DON JULIO TEQUILA MULTINATIONAL alcoholic beverage producer Diageo yesterday agreed an asset swap deal with Mexico’s Casa Cuervo, owner of its flagship Jose Cuervo tequila brand. The transaction sees Diageo take full global ownership of Casa Cuervo’s Tequila Don Julio brand. Diageo has agreed to sell [...]
Ashley’s man Llambias appointed to rangers November 3, 2014 SPORTS Direct owner Mike Ashley tightened his grip on Glasgow Rangers yesterday after former Newcastle United managing director Derek Llambias was officially appointed as a non-executive director at the club. Ashley, who owns Newcastle, made a £2m loan to Rangers last week. Llambias was at Newcastle between 2008 and 2013.
Best of the Brokers for 04 November 2014 November 3, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com B&M EUROPEAN VALUE RETAIL Numis has upgraded its rating from “hold” to “add” as the company’s shares have fallen to what the broker calls an “attractive entry point”. Although profit forecasts have fallen for the general retail sector since the IPO in June, the broker [...]
FTSE dragged down by HSBC and utilities – London Report November 3, 2014 BRITAIN’S top equity index broke a four-day rise yesterday as a drop in major utility stocks and in global banking group HSBC dragged the UK stock market lower. The blue-chip FTSE 100 index closed down by 0.9 per cent at 6,487.97 points. Last week, it had extended a rebound off 15-month lows reached in October. [...]
US markets hit intraday highs …but end flat – New York Report November 3, 2014 THE S&P 500 and the Dow touched intraday records yesterday before pulling back to trade close to unchanged, while strength in semiconductors boosted the Nasdaq. Equities have been strong of late, with the Dow last week posting its biggest weekly gain since January 2013 and the S&P coming off its biggest two-week jump since December [...]
What to do this winter? From The Hobbit to Guy Bourdin to the Merchant of Venice – culture for the colder months November 3, 2014 Yes, the weather’s taken a turn and yes, the clocks have gone back. But don’t let the cold temperatures and short days dampen your spirits; as ever, London has plenty to warm the cockles over the winter, with plenty of great plays, exhibitions and films scheduled for the end of the year. From [...]
Christmas top 5 November 3, 2014 Book ahead to avoid yule tide disappointment HYPER JAPAN CHRISTMAS MARKET Get the perfect Christmas present for the Japanophile in your life at the Hyper Japan Christmas Market. Following a successful exhibition earlier this year, the market will bring all things Japan to Kensington’s Olympia once again from 14 to 16 November. Adult tickets are [...]