Dunkin’ Donuts plots a move to Britain with 50 London branches September 12, 2013 THE FORMER chairman of Ipswich Town FC is backing the return of Dunkin’ Donuts to British shores. The Court Group, chaired by football stalwart David Sheepshanks, has signed a franchise deal to open 25 coffee and doughnut restaurants in east London over the next five years, Dunkin’ said in a statement yesterday. The US-listed firm [...]
Murray to face Croat prodigy in Davis opener September 12, 2013 SIXTEEN-year-old Borna Coric is the first obstacle in Andy Murray’s path this morning as he attempts to lead Great Britain back into the Davis Cup elite for the first time in five years. Despite his tender years Coric is no pushover, having won the US Open boys’ title last week at Flushing Meadows – just [...]
How the geography of global innovation is rapidly changing September 12, 2013 Liam Ward-Proud investigates the cities that are attempting to foster new startup cultures WIKIPEDIA founder Jimmy Wales has called on Britain to extend its entrepreneurship visa scheme to make London more enticing to startups. He joked that “nobody wants to live in San Jose, California – it’s incredibly boring”. But the geography of global innovation [...]
Syria attack on hold amid UN debate on arms September 11, 2013 LEADING world powers were last night debating a Russian proposal to neutralise Syria’s chemical weapons, as the prospect of imminent strikes on the Middle Eastern country retreated. The five permanent members of the UN security council met in New York to discuss a Russian proposal that would see Syrian President Bashar al-Assad voluntarily give up [...]
Abu Dhabi invests $5bn in Russia fund September 11, 2013 Abu Dhabi plans to invest $5bn (£3.1bn) in Russian infrastructure in a venture to be set up with the country’s state-backed private equity fund, aimed at funding toll roads, ports and airports, the Kremlin and the Russian fund said yesterday. Moves to improve infrastructure, some of which has changed little since Soviet times, are considered [...]
Crisis in Syria: The US has no room for error in a new world of many powers September 11, 2013 TWO NOTABLE failures – US Secretary of State John Kerry and Russia – have dramatically transformed the Syria crisis in recent days. Kerry, who could not beat George W Bush despite the Iraq War, may have committed one of the more beneficial rhetorical stumbles of all time. Living up to his reputation for intellectual overconfidence [...]
Syria tensions ease allaying fears of oil price spikes September 11, 2013 Ishaq Siddiqi, market strategist, ETX Capital on the likelihood of US intervention in Syria and possible market reaction: Syria tensions ease considerably overnight as US President Obama in his speech acknowledges drumming support in Congress for a strike at Syria was hard found and has opted for diplomacy with Russia to disarm the Middle Eastern [...]
Tensions ease after Syria’s vow over chemical weapons yet UN deal hits problems September 10, 2013 SYRIA accepted a Russian proposal to give up chemical weapons and win a reprieve from US military strikes yesterday, but serious divisions between Russia and the US could still block a UN resolution securing the deal. The White House said it was determined to push ahead with a congressional resolution authorising force, while Russian President [...]
Europe getting even hungrier for McDonald’s September 10, 2013 FAST food giant McDonald’s yesterday reported a bigger-than-expected 1.9 per cent increase in global sales at established restaurants in August, after a revival in France helped drive solid results in Europe, its top market. Although the results from the world’s biggest fast-food chain soundly beat the average estimate of a 0.3 per cent increase from [...]
Before the open: FTSE expected up following Chinese strengthening September 10, 2013 Given stronger data in from China this morning, investors are expecting London's leading index to move higher at the open. Industrial production and retail sales came in higher than analysts anticipated. European opening calls: FTSE +22, DAX +34, CAC +13 — Carolin Roth (@CarolinCNBC) September 10, 2013 $ little weaker, equities set to be stronger [...]