City Moves for 1 August 2016 | Who’s switching jobs August 1, 2016 Independent Oil and Gas Independent Oil and Gas has appointed David Peattie as chairman. David has 35 years’ industry experience and was most recently the CEO of Fairfield Energy, an oil & gas company owned by a syndicate of North American and European private equity investors, led by Riverstone and Warburg Pincus. David began his [...]
It’ll be Clinton who destroys the transatlantic alliance – not Trump August 1, 2016 I will never vote for Donald Trump. In line with the classic modern American demagogic tradition – from Huey Long to George Wallace – the present Republican nominee often plays fast and loose with the truth. He either outright lies, as when he said large crowds of Muslims were cheering in New Jersey when 9/11 [...]
Olympic bosses convene panel to determine Russia’s participation at Rio Games July 31, 2016 Olympic bosses have convened a three-man panel which will now have the final say on whether Russia’s athletes are eligible to compete at the Games in Rio de Janeiro. The International Olympic Committee (IOC) decreed last week that individual sports’ governing bodies must determine whether or not prospective competitors are clean after opting against a [...]
This is what Norway might be giving Finland as a birthday present next year… and it’s going to be pretty hard to wrap July 29, 2016 Birthdays… they stump us all, and not least when diplomacy is involved. It must be hard to think of a new present to give a country each year, but this week the Norwegian government confirmed it is considering giving Finland – wait for it – an arctic mountain for its birthday next year, when the country [...]
Diageo’s sales fail to fizz but growth on track to meet 2017 target July 28, 2016 Smirnoff and Guinness drinks maker Diageo reported net sales growth in its full-year results today and has said it is on track to deliver on its 2017 growth plans. The figures Net sales grew 2.8 per cent at the alcoholic drinks giant, in line with expectations, though reported net sales declined three per cent as organic growth and [...]
Olympic Games in Rio will de devalued by Russia absence, says president Vladimir Putin July 27, 2016 Russia president Vladimir Putin insists the banning of his nation’s competitors will devalue the achievements of medal-winning athletes at next month’s Olympic Games in Rio de Janeiro. More than one hundred Russians have so far been barred from the Games, which start on 5 August, including 67 of their 68-strong athletics team. The International Association [...]
Seven Russian swimmers barred from Olympic Games in Russia by sport’s governing body July 25, 2016 Seven Russian swimmers have been banned from competing at next month’s Olympic Games in Rio de Janeiro by the International Swimming Federation (Fina), the sport’s governing body. Reigning world 100m breaststroke champion Yulia Efimova is one of four swimmers withdrawn by the Russian Olympic Committee. Three others appeared in the World Anti-Doping Agency-commissioned McLaren Report, [...]
Diamond disrupter: How this digital-focused jewellery retailer is shaking up the marketplace July 25, 2016 Every day, thousands of shoppers in the Oxford Street area unknowingly pass by the workshop of 77 Diamonds. Behind a nondescript door, workers craft wedding rings with diamonds worth tens, if not hundreds, of thousands of pounds. A short walk from the dingy workshop – decorated inside with a topless Zoo calendar and a Euro 2016 [...]
High stamp duty charges risk deterring labour market mobility among senior executives, according to a new analysis July 25, 2016 High stamp duty charges may be deterring senior executives from moving to the UK, according to a new study by UHY Hacker Young. In a study of equivalent tax regimes in 26 countries, the accountancy group found that the UK charges significantly higher taxes on personal property than many of its western European neighbours, and [...]
Backlash for Olympic chiefs after Russia dodges blanket ban for Rio Olympics July 24, 2016 The International Olympic Committee [IOC] has been accused of a dereliction of duty after deciding not to impose a blanket ban on all Russian competitors at the Rio Games next month. The IOC on Sunday instead ruled that the governing bodies of each sport represented at the Olympics must judge whether to accept or exclude athletes [...]