Can Gordon Ramsay hit gold again on the site of Maze with pan-Asian eating house Lucky Cat? October 4, 2019 Ten years and several lifetimes ago, Jason Atherton was heading up the kitchen at Gordon Ramsay’s Maze. Back then, Ramsay could do no wrong. He was decorated with more Michelin awards than he could comfortably carry up a flight of stairs, owned lauded restaurants from New York to Tokyo, and was the sweary star of [...]
Trump says he wants Ukraine and China to investigate the Bidens October 3, 2019 US president Donald Trump has said he wants Ukraine and China to investigate former vice president Joe Biden and his son. Speaking on a lawn outside the White House, Trump said he would “recommend” that Ukraine opens an investigation into the Bidens, and later added he thought China should do the same too. Read more: [...]
US non-manufacturing sectors undershoot expectations October 3, 2019 The US’s non-manufacturing sector severely undershot expectations last month, survey data showed today, continuing the trend of bad economic news from the world’s biggest economy. Read more: Global stock markets bleed red on US-EU trade war fears The Institute for Supply Management’s (ISM) non-manufacturing purchasing managers’ index (PMI) – a gauge of the health of [...]
UK construction activity suffers ‘devastating’ drop as Brexit kills demand October 2, 2019 UK construction activity fell at the second-fastest rate since the financial crisis in September, a closely-followed survey of the industry showed today. Read more: Job losses mount as Brexit fears hit UK manufacturing A historically steep drop in new orders led to firms trimming employment at their fastest pace since the end of 2010, according [...]
FTSE 100 sinks as Brexit ultimatum and manufacturing crisis pummel European stocks October 2, 2019 The FTSE 100 fell one per cent in early trading today as markets stumbled over Boris Johnson’s “take it or leave it” Brexit ultimatum and weak US economic data. London’s blue-chip index dropped to 7,287.8 points shortly after open today, following global stocks plunging into a sea of red overnight. Read more: Boris Johnson’s ‘clarity [...]
US factories suffer worst month since 2009 – and Trump blames the Fed October 1, 2019 The US manufacturing sector contracted at its fastest rate in a decade in September, according to a closely-watched survey, as trade wars and a global slowdown took their toll on factories. Read more: US manufacturing sector suffers worst month in seven years in April The September purchasing managers’ index (PMI) from the Institute for Supply [...]
Faultless and in total control, Danny Willett was back to his best in Wentworth duel with Jon Rahm September 23, 2019 It went right down to the wire, but Danny Willett got his reward for a week of near-faultless golf when he won a fantastic duel with Jon Rahm for the BMW PGA Championship on Sunday at Wentworth. I was very impressed by both men but especially Willett, who holed a 40ft putt to make a [...]
Trump denies reports he made promise to foreign leader prompting complaint September 20, 2019 US President Donald Trump has denied accusations that he made a promise to a foreign leader which sparked a complaint from an intelligence officer. The Washington Post has reported that the officer found it “so troubling” they felt the need to inform the department’s inspector general. Read more: Trump says he’s not thrilled with Fed [...]
Trump says he won’t fire Fed chair Powell (because he, er, can’t) September 19, 2019 US President Donald Trump has assured Federal Reserve chairman Jay Powell that his job is safe, even though he is “not thrilled” with the central bank’s actions. Read more: Blackrock says Federal Reserve cut should have been bolder “It’s safe, yeah, it’s safe. I mean, sure, why not?” Trump told Fox News in an interview [...]
Blackrock says Federal Reserve rate cut should have been ‘bolder’ September 19, 2019 The world’s biggest investment firm Blackrock has criticised the Federal Reserve’s decision to cut interest rates by one notch, saying it “missed an opportunity for a bolder stance”. Read more: US Federal Reserve cuts interest rates by a quarter point Rick Rieder, chief investment officer of global fixed income at Blackrock, which manages $6.8 trillion [...]