Injured Nastasic to miss kick-off August 6, 2013 FOOTBALL: Manchester City defender Matija Nastasic will miss the start of the new Premier League season with an ankle injury.
Soaring services sector drives business activity to record high August 5, 2013 HOPES that the recovery is picking up steam were lifted further yesterday, after the UK’s businesses reported the strongest month of growth since records began. Markit’s surveys of the services, manufacturing and construction sectors in July got the most positive responses ever, bolstering recent signs that the economy is returning to sustained expansion. The unparalleled [...]
Google co-founder revealed as backer of test-tube hamburger August 5, 2013 GOOGLE co-founder Sergey Brin was yesterday unveiled as the mystery financial backer behind a pioneering beef burger made entirely from stem cells. The billionaire internet entrepreneur revealed his support for the project at the first tasting of the so-called test-tube burger yesterday, appearing in a video message played at the launch event in west London. [...]
Ackman hits Soros with complaint in hedgie food fight August 5, 2013 BILLIONAIRE financier Bill Ackman has stepped up his battle against US food giant Herbalife by asking regulators to probe a stake taken in the company by rival investor George Soros. Ackman has reportedly written to the Securities and Exchange Commission (SEC), the US watchdog, accusing Soros’ fund of breaking trading rules over its recent investment [...]
All hail the boffin burger: The next step in human nutrition August 5, 2013 IT WOULD be easy to dismiss the serving of the first lab-grown burger as classic silly season fodder. Yet this is one photo opportunity that really may mark a historic moment, even if most seem to be missing its exact importance. In vitro meat is significant not because it increases menu options for a few [...]
EU looks to adopt Britain’s tough bank capital rules August 5, 2013 EUROPE’S banks could soon face the same tough conditions as their British peers as the continent’s regulators yesterday said they would look at imposing a leverage ratio cap similar to that taking hold in the UK. British lenders such as Barclays and Nationwide have been caught by the three per cent cap, with both forced [...]
What the other papers say this morning – 6 August 2013 August 5, 2013 FINANCIAL TIMES UK weighs legal action over Gibraltar Britain is looking at whether it can take Spain to the European courts over its treatment of British nationals at the border with Gibraltar. UK officials are taking advice on whether checks on cars as they try to cross from Spain into Gibraltar violate EU rules on [...]
BP faces £18m fine from US August 5, 2013 THE US Federal energy regulator yesterday gave oil giant BP 30 days to explain why it should not be fined $28m (£18.2m) and give up $800,000 plus interest in profits for manipulating the natural gas market. The Federal Energy Regulatory Commission said that BP traders had suppressed gas prices “with the goal of increasing the value [...]
Vodafone gears up for 4G launch August 5, 2013 VODAFONE will this week announce plans to roll out its 4G mobile network at the end of the month – in the same week as rival telecoms firm O2. The FTSE 100 listed giant is expected to announce that 4G will come on stream for customers in just over three weeks’ time. O2 is also [...]
Washington Post sold to Amazon boss August 5, 2013 JEFF Bezos, the founder of Amazon.com, will buy the Washington Post newspaper for $250m, bringing the curtain down on its 80-year old ownership by the influential Graham family. Bezos, who founded Amazon in 1994, will buy the newspaper and affiliate businesses in an all-cash deal, it emerged last night. The internet entrepreneur told employees in [...]
