BAA mulls a fresh lawsuit in sell-off spat July 19, 2011 BAA said it is considering judicial review after the Competition Commission ruled yesterday that the airport operator must sell Stansted and Glasgow or Edinburgh airport. In its final report, the commission said that the sales process for London’s third-largest airport Stansted would start in three months’ time, and would be followed by the sale of [...]
Boston’s calling July 10, 2011 CAPE ANN: SMALL-TOWN BEAUTY MANCHESTER-by-the Sea is a little town about 30 miles north of Boston. It’s got white picket fences, a harbour, a tiny train station, two ice cream shops and an old diner called the Coffee Cup that’s recently been bought by a plucky, Italian-American mother and daughter called Christine and Kathy DeSalvo, [...]
WHAT THE OTHER PAPERS SAY THIS MORNING July 6, 2011 FINANCIAL TIMES SPOTIFY SIGNS DEAL WITH VIRGIN Spotify and Virgin Media on Wednesday announced a deal that could help the music streaming service boost numbers of paying customers and reach a wider audience. By the end of the year, Virgin Media’s 4m UK customers will be able to access Spotify’s catalogue of 13m songs through [...]
OTHER PRIZE SPONSORS BY CATEGORY FOR THIS YEAR’S CITY A.M. AWARDS June 30, 2011 Saxo Bank is a global investment bank specialising in online trading and investment across the international financial markets. Saxo Bank enables private investors and institutional clients to trade forex, contracts for difference, exchange-traded funds, stocks, futures, options and other derivatives via multi-award winning online trading platforms, as well as offering professional portfolio and fund management. [...]
CITY MOVES | WHO’S SWITCHING JOBS June 28, 2011 Glendevon King Asset Management Dr Percy Barnevik (pictured) and Dr Kurt Moosmann have been appointed to the newly created advisory board of the independent fixed income boutique, following the recent appointment of Richard Kendall as chief executive. Barnevik has served as chairman or a board member of global businesses including General Motors, AstraZeneca and Skanska, [...]
LAWYER OF THE YEAR | June 26, 2011 FROM up-and-coming dealmakers to City stalwarts, our shortlisted lawyers represent the vast pool of legal talent that London has to offer both domestic companies and those from further afield. Our diverse list may appear difficult to compare at first glance, but with their combined talents they represent a group of people who’ve made the most [...]
A luxe bootcamp on the Côte d’Azur takes the pain out of getting in shape June 26, 2011 YOU’RE obliged to go ‘aaahhhhh’,” said therapist Sophie Bonjean as she turned the hose from hot to cold. It’s Day One on La Réserve Ramatuelle’s Luxury Bootcamp and this, apparently, is doing wonders for my circulation. The morning started gently; yoga by the pool on the comfiest mat you will ever find yourself down-dogging on. [...]
DEALMAKER OF THE YEAR June 23, 2011 Recessions are when reputations are made, they say, and that has been true in the world of fund managers. While some have battened down the hatches, the ones on our list have seen opportunity in crisis, and pushed ahead with flotations and expansions, or have just taken the chance to expand. All are stars in [...]
FTSE tumbles to three-month closing low on energy worries June 23, 2011 MINERS and energy stocks were the worst hit members of Britain’s sharply lower FTSE 100 index yesterday, hit by heightened fears of a slowdown in global growth. The FTSE 100 ended down 98.61 points, or 1.7 per cent, at 5,674.38, its lowest close since 16 March when markets were plunging in the immediate aftermath of [...]
WHAT THE OTHER PAPERS SAY THIS MORNING June 22, 2011 FINANCIAL TIMES BA CABIN CREW VOTE FOR PEACE DEAL British Airways cabin crew have voted overwhelmingly to accept a peace deal, ending 18 months of conflict in one of the most bitter recent industrial disputes. Unite said members voted 92 per cent in favour of what it described as an “honourable settlement’’, with eight per [...]