The most influential people in beauty and makeup September 24, 2012 1. Maksymilian Faktorowicz (1872-1938) He founded Max Factor, which started as a theatrical make up shop and grew into a cosmetic empire. 2. Elizabeth Arden (1884-1966) She founded the brand, under her own name, which became international in 1915. 3. Charles Revson (1906-1975) He created the world famous makeup company Revlon, launched in 1932. 4. [...]
The New York fairytale hoping to wow London. But is it any good? September 24, 2012 RESTAURANT BALTHAZAR 80 Spring St, New York Tel: 00 1 212 965 1414 FOOD **** SERVICE ***** ATMOSPHERE **** Cost per person without wine: £45 In the late nineties and early noughties, New York’s Balthazar was the very definition of an “it” restaurant. Renowned as one of the hardest places to get a table in [...]
How to make a Drambuie cocktail fit to raise the dead September 24, 2012 City A.M.’s resident cocktail expert TO MAKE Donn Beach’s infamous Zombie cocktail you’ll need white rum, golden rum, dark rum, apricot brandy, fresh pineapple juice, fresh papaya juice, 151-proof rum and grenadine. Good luck with that. Making some cocktails is akin to trying to cook like Heston Blumenthal. You’ll be back on the beer in [...]
FTSE 100 falls on weakness in mining shares September 24, 2012 The leading share index opened down this morning, as headline mining shares dropped on concerns over the weak global outlook. Miner Bumi led the fallers in early trade, as it announced it is to investigate its Indonesian operations for alleged financial irregularities. Miners Evraz, Anglo American and Ferrexpo lost 3.75 per cent, 3.3 per cent [...]
Bumi plummets on probe into financial irregularity claims September 24, 2012 Shares in miner Bumi plunged by more than 35 per cent this morning, as it announced it would investigate alleged financial irregularities at its Indonesian operations. The company, co-founded by financier Nat Rothschild, said this morning that allegations related to PT Bumi Resources, in which Bumi owns a 29 per cent stake. An independent investigation [...]
Promsvyazbank unveils plans for London-Moscow listing September 24, 2012 Russian lender Promsvyazbank said this morning it is proceeding with a dual London-Moscow initial public offering, becoming the latest Russian company to tap the London markets for funding. It is understood the IPO is hoping to raise up to $500m (£308m). The IPO follows news that Russia’s top lender Sberbank raised just over $5bn by [...]
QinetiQ enjoys strong first half September 24, 2012 Defence technology company QinetiQ this morning reported better-than-expected first-half performance, boosted by its global products and UK services divisions. In the first half, FTSE 250-listed QinetiQ delivered two key orders for the Q-Net vehicle survivability product, which protects vehicles from rocket-propelled grenade attacks, earlier than planned. It reported strong performance in its UK services unit, [...]
Aberdeen sees modest summer outflows September 24, 2012 Fund manager Aberdeen Asset Management reported a net outflow over the summer, while assets under management edged up to £184.3bn at the end of August. Aberdeen, led by chief executive Martin Gilbert, said today that strong fund performance outweighed the outflows. Overall, the group attracted £6.1bn of new business during July and August, while outflows [...]
Top tech boss: London still no Silicon Valley September 23, 2012 LONDON needs to do more to nurture growth in technology firms and become an attractive destination for them to go public, the head of one of the UK’s most successful internet firms said yesterday, warning that the US is a significantly better option for blooming British companies. Michael Acton Smith, chief executive of Mind Candy, [...]
Clegg plan on pensions draws fire September 23, 2012 THE INVESTMENT industry slammed Liberal Democrat plans to allow parents to use a quarter of their pension pots to guarantee their children’s mortgages yesterday, arguing it could undermine pensions and hit retirement incomes. Nick Clegg said the move will help struggling young people get a foot on the housing ladder at a time when large [...]
