Gam shares slide after Credit Suisse slashes price target August 30, 2018 Shares in Swiss asset management firm Gam plummeted more than ten per cent this morning after Credit Suisse halved its price target for the stock. Gam Holdings' shares were down 10.4 per cent to SFr7.32 (£5.80) at midday after the banking giant cut its target from SFr14.20 to SFr7. The troubled company announced the start of a liquidation process for unconstrained/absolute [...]
Putin’s approval rating slumps as he urges Russians to accept older retirement age August 29, 2018 Vladimir Putin has softened controversial pensions reforms after a public outcry that has seen his approval rating tumble. The Russian President had proposed to raise the retirement age of men from 60 to 65 and from 55 to 63 for women. Read more: US to impose fresh sanctions on Russia on Monday following Novichok attack [...]
Trump puts China behind Clinton email hacks August 29, 2018 US President Donald Trump has accused China of hacking the emails of his 2016 presidential election opponent Hillary Clinton, despite an ongoing investigation into Russian involvement by US officials. "Hillary Clinton’s Emails, many of which are Classified Information [sic], got hacked by China. Next move better be by the FBI & DOJ or, after all [...]
Trevor Steven: Jamie Vardy’s England retirement is a mistake but it opens door for exceptional talent Phil Foden August 28, 2018 Tinker, modify and ask how you can improve, by all means, but I don’t think Gareth Southgate should chop and change too much when he names his first England squad of the season on Thursday. The opening match of the new Nations League against Spain on Saturday week and a friendly with Switzerland three days [...]
Washington to impose additional Russian sanctions on Monday following Novichok attack August 24, 2018 US sanctions on Russia, retaliation for the Salisbury nerve agent attack, are to take effect on Monday. Washington announced that it is to limit foreign assistance to humanitarian means only, terminate arms exports and prevent the issuance of credit from any US government entity. Items deemed sensitive to national security are also to be prevented [...]
Arsenal v West Ham: Old foes reunited as Unai Emery and Manuel Pellegrini meet again with new clubs August 23, 2018 Familiarity will be in the air at Emirates Stadium on Saturday when West Ham visit Arsenal. Most eyes will be trained on Jack Wilshere, who is set to face the club at which he spent his formative footballing years for the first time since his summer switch from north to east London, while Spanish forward [...]
Credit Suisse freezes £4bn linked to Russia after US sanctions August 22, 2018 Banking giant Credit Suisse has frozen 5.1bn Swiss francs (£4.02bn) linked to Russia following US sanctions. The Zurich-headquartered bank reported in its second quarter results that it had identified impacted client relationships and transactions to ensure compliance. It added that the sanctions compliance group is closely monitoring the developments. Read more: Russia hits out at ‘unacceptable’ US [...]
Microsoft says Russia was behind several major US political group hacks August 21, 2018 Microsoft has warned that Russian state actors are ramping up cyberattacks ahead of the US congressional elections in November. The software giant said it had caught and shut down a number of web domains masquerading as websites belonging to the US Senate, two think tanks and its own cloud storage service in the last week. [...]
Hunt: EU must ‘get house in order’ to counter Russian threat to way of life August 21, 2018 Foreign secretary Jeremy Hunt is today set to call on the EU to “go further” when it comes to imposing sanctions against Russia, claiming that President Putin’s regime has “made the world a more dangerous place”. The secretary of state will note that allies must “get our own house in order” to meet new challenges posed [...]
Polymetal ships first 2,000 tonnes of gold from Kazakhstan mine August 20, 2018 Precious metals miner Polymetal has shipped the first 2,000 tonnes from its new gold mine in Kazakhstan to China. Polymetal International acquired the Kyzyl mine in 2014 for $618.5m and has taken a significant step towards its first cash flow from the project. Approximately 2,000 tonnes of gold concentrate were shipped by rail to an off-taker in [...]