Hyder wins two new contracts August 11, 2009 Infrastructure design consultancy Hyder Consulting has been awarded two contracts by Crossrail. The contracts are for the design of a rail station at White-chapel – to provide connections for Crossrail, London Underground and East London Line rail services – and the design of the ground level railway adjacent to Royal Victoria Dock.
WHAT THE OTHER PAPERS SAY THIS MORNING August 11, 2009 FINANCIAL TIMES DEUTSCHE BANK BACKS €300M SAL OPPENHEIM INJECTIONDeutsche Bank has backed a €300m ($423m) injection of capital for Sal Oppenheim as the two banks continue their talks over a possible equity shareholding. Sal Oppenheim, a 220-year-old institution that claims to be Europe’s largest biggest independent private bank, said the equity injection was made by [...]
GM unveils super-efficient car August 11, 2009 Troubled auto giant General Motors said yesterday its new electric car, the Chevrolet Volt, will be marketed in 2011 as the world’s most fuel-efficient car. The Volt is expected to achieve city fuel economy of at least 230 miles per gallon, and can travel 40 miles on electric power alone. The record-breaking level of fuel [...]
China charges Rio detainees August 11, 2009 China last night formally arrested four employees of British-Australian mining giant Rio Tinto, including an Australian citizen, and charged them with commercial bribery and trade secrets infringement in a case that has rocked the global steel industry. The four have been held without charge since 5 July. In a brief statement on the arrests, reported [...]
Airlines still soaring despite bad news and cost-cutting August 10, 2009 ON THE face of it, 2009 was never going to be a good year for airlines. The cost of oil – the main source of fuel for aeroplanes – has been steadily rising since February and is now nearing $75 per barrel. The recession meant that people were more inclined to stay at home rather [...]
CITI HARD TO BEAT FOR A BRAVE PUNT August 10, 2009 MARTIN SLANEYHEAD OF DERIVATIVES, GFT ONE of the most popular CFD stocks right now is Citigroup, but perhaps what is surprising is the direction of trades – everyone is buying. But what is attracting people to a bank, which was fighting for its very survival earlier this year? It is certainly an impressive turnaround in [...]
Spas for the mind are the new cure-all August 10, 2009 NOT long ago I found myself lying on a Freudian-looking couch in a small, neat room. Rather than a psychoanalyst sitting by my head with a clock and a contemplative expression, there was a lithe young woman at my feet, skimming over my bare soles with her fingers, asking me in a soft voice about [...]
OUT OF OFFICE August 10, 2009 GLORIOUS GROUSE AT LE BOUCHON BRETONSpitalfields’ most glamorous – and unabashedly – French restaurant will put a unique twist on game season with a selection of platters that combine the traditional with the Gallic. Traditional roast grouse will come wrapped in bacon with forcemeat pate and roasted breadcrumbs, while jugged hare comes in its own [...]
Opulence, ostrich and eggs benedict as West End landmark goes weird August 10, 2009 The Criterion224 Piccadilly W1J 9HP Tel: 020 7930 0488 Cost per person without wine: £43 OUTSIDE the Criterion’s grand entrance it’s like Piccadilly Circus – a grim, heaving mass of tourists and traffic that swarms in every direction. Okay, it is Piccadilly Circus, and as you arrive it’s hard not to feel a bit sorry [...]
THREE OTHER GRAND WEST END DINING ROOMS August 10, 2009 JUST ST JAMESOccupying a cavernous former bank on St James’s Street, Just St James is all marble columns, chandeliers and huge mirrors. The food is hearty old-school English dishes – not sure about the hi-tech glass lift occupying the centre of the room, however. 16 St James Street, SW1A 1ER, www.juststjames.com THE WOLSELEYThe arching building [...]