Steel baron Lisin tops rich list February 15, 2010 STEEL magnate Vladimir Lisin, the chairman of miner and steel producer Novolipetsk Steel (NLMK), has topped a list of Russia’s richest citizens with a personal wealth of $18.8bn (£12bn) – almost half the fortune of Microsoft founder Bill Gates. 53-year-old Lisin, who has been at the helm of NLMK since 1998, came out at the [...]
BEST OF THE BROKERSn February 14, 2010 BT GROUP Charles Stanley says last week’s third quarter results from BT were positive, particularly for overall improvement in profitability, and a small uplift in full year cash flow guidance was also welcome. “However, overshadowing all this was the news on the pension fund, which was overall worse than expectations,” Stanley said. SMITH & NEPHEW Edison [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 9, 2010 FINANCIAL TIMES TREASURY BLOCKS £1BN TAX LOOPHOLE A corporate tax loophole that threatened to drain the exchequer of £1bn a year was blocked yesterday by the Treasure in legislation that will be backdated to October 2007. The move is a response to a threat by banks and other companies to exploit an apparent defedct in [...]
Steady does it as Lloyd’s of London reveals review February 7, 2010 LLOYD’S of London, the insurance and reinsurance market, will publish plans to strengthen its ties with insurance brokers today as it gears up for a profitable reporting season. In a sweeping strategic review, Lloyd’s will salute its members’ resilience in the face of the financial crisis and remark that its subscription-based model has held up [...]
Capello warning as England draw Wales February 7, 2010 FABIO CAPELLO warned his England side against complacency despite being handed a favourable draw for their Euro 2012 qualifying campaign in a group which includes Wales. The Three Lions will go head-to-head with John Toshack’s side in Group G, along with Switzerland, Bulgaria and Montenegro. Scotland were paired with holders Spain, while Northern Ireland take [...]
England boss Capello won’t be drawn on captaincy issue February 7, 2010 FABIO CAPELLO has refused to shed any more light on his decision to strip John Terry of the England captaincy, insisting it had formed part a “normal week” in his reign as manager. The Italian gave only a brief explanation of his decision in a statement on Friday and was equally as evasive yesterday when [...]
ALSO OUT THIS WEEKEND February 4, 2010 FILM ASTRO BOY The long-running Japanese comics character gets an animated outing. MALICE IN WONDERLAND The fairytale gets transposed to the UK underworld, with Danny Dyer. OIL CITY CONFIDENTIAL Punk filmmaker Julian Temple’s documentary about 70s rockers Dr Feelgood. DVD THE INVENTION OF LYING Ricky Gervais stars and directs this romcom fantasy set in a [...]
WHAT THE OTHER PAPERS SAY THIS MORNING February 4, 2010 FINANCIAL TIMES UNION “NOT MILES APART” FROM BA The broad outlines of a settlement in the dispute between British Airways and its cabin crew are emerging in informal talks between the two sides, the Unite union said yesterday. “We’re not miles apart,” said Steve Turner, national officer for aviation at Unite, which represents BA’s 12,000-plus [...]
CITY MOVES | WHO’S SWITCHING JOBS February 1, 2010 GMT Communications Partners The private equity group has promoted Natalie Tydeman, pictured, to partner and Vikram Krishna to principal. Tydeman joined the group in 2007 as a senior adviser from Fremantle media, where she was a senior vice president. Krishna has been at GMT since 2005. He was formerly a manager at PwC, focusing on [...]
PetroNeft offloads Russia stake January 31, 2010 Oil and gas producer PetroNeft Resources will today confirm partner Arawak Energy has exercised an option to acquire a 50 per cent stake in its Ledovy Licence project in Russia, following a technical and commercial review. PetroNeft will remain as operator of the project, located to the west of the Ob River, while all costs [...]