EY UK sanctioned for breaching fee cap with Abramovich-owned Russian miner Evraz August 7, 2024 EY has been issued a financial sanction by the accountancy regulator for failing to comply with fee cap with Russian mining group Evraz.
Wife of ‘McMafia banker’ agrees to forfeit golf club and Knightsbridge mansion August 5, 2024 The wife of convicted fraudster Jahangir Hajiyev has agreed to forfeit a mansion in Knightsbridge worth approximately £14m and a a golf club in Ascot, following a lengthy investigation by the National Crime Agency.
Yellow fever: Central banks and private investors keep demand for gold buoyant July 30, 2024 Private investors and consistent demand from central banks where the two dominant behind the second quarter's consecutive all-time highs in the gold price an industry report has found.
Paris 2024 Olympics: France hit by second wave of attacks on infrastructure July 29, 2024 France has been hit by a second wave of attacks on infrastructure surrounding the Paris 2024 Olympic Games after telecommunications lines were brought down by apparently coordinated strikes. The French government said fibre lines as well as fixed and mobile phone lines were hit by acts of vandalism overnight on Sunday, affecting services in several [...]
Miraval mystery: The Jersey trust at heart of Brad Pitt wine war July 29, 2024 Brad Pitt has demanded to know who he is in business with after half of his hip wine brand Chateau Miraval, sold by his former partner Angelina Jolie to exiled Russian billionaire Yuri Shefler, ended up in a secretive Jersey trust.
UK finance chiefs gear up for growth as sentiment soars July 29, 2024 Chief financial officers of some of the largest UK companies have seen expectations about the prospects of their own business shoot up.
British American Tobacco: Lucky Strike maker holds guidance but vapes and tobacco sales disappoint July 25, 2024 BAT said profit from operations declined by 28.3 per cent, with the operating margin down by 9.7 percentage points to 34.5 per cent.
French police swoop to thwart attempt to sabotage Paris 2024 Olympics July 24, 2024 French police have detained a Russian man on suspicion of trying to disrupt the Paris 2024 Olympic Games, which begin this week. Prosecutors said the 40-year-old was accused of intending to “organise events likely to cause destabilisation” but did not give any further information. It follows warnings that Russia would seek to sabotage the Olympics [...]
Six graphs the Bank of England will study before August interest rate decision July 24, 2024 For the first time since last September, there is genuine uncertainty about the Bank of England’s next move on interest rates. The Monetary Policy Committee (MPC) will meet next Thursday, with markets putting the odds of a cut at about 40 per cent. There’s enough evidence of disinflation to warrant a cut. Similarly, more hawkish [...]
London-listed mining group plots copper spree after £223m Turkey deal July 18, 2024 London listed mining group ACG is gearing up for a global deals spree after snapping up a Turkish copper mine for $290m (£223m) today.