Burley urges Scots to up the tempo to keep dream alive September 8, 2009 GEORGE BURLEY is calling on his players to “perform to their maximum” to keep Scotland’s World Cup play-off dreams alive. Victory over the Netherlands at Hampden Park tonight will secure second spot for the Scots, but manager Burley believes his team will have to be at their best to beat the runaway leaders of Group [...]
Opec meeting hikes oil price September 7, 2009 OPEC ministers meeting in Vienna on Wednesday are expected to keep supply targets intact and instead rely on hoped-for economic growth to sustain oil prices. The oil market rose towards $69 (£42) a barrel yesterday after G20 finance leaders said at a weekend meeting they would not end stimulus plans until economic recovery was well [...]
CITY MOVES WHO’S SWITCHING JOBS September 6, 2009 PricewaterhouseCoopersThe accountancy firm has appointed Marco Amitrano to lead its UK risk assurance business.Amitrano, 39, joined the firm in 1992, and worked first in Newcastle and then for three years in the Chicago office. Most recently, he has had responsibility for all of the firm’s audit and related services to the UK subsidiaries of global [...]
CITY MOVES WHO’S SWITCHING JOBS September 2, 2009 Anthony GoldLaw firm Anthony Gold has appointed Margaret Hatwood, pictured, to join its London Bridge office as an associate in the Family Team. Hatwood, listed in the Legal 500, joins from Thomas Eggar where she has built a reputation acting for many high net worth clients, particularly from the legal, banking and financial industry, and [...]
Rosneft’s profits tumble but margins beat rival September 1, 2009 RUSSIA’S largest oil producer Rosneft yesterday reported net profits of $1.61bn (£1bn) for the second quarter of 2009, missing the average $1.72bn forecast in a poll of analysts. The company said the drop in net income, from $4.31bn a year ago and $2.06bn in the first quarter, was mainly due to the effective income tax [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 1, 2009 FANANCIAL TIMES NATIONAL EXPRESS BID RETHINKThe Cosmen-CVC Capital Partners team bidding for National Express is looking for ways to make its offer more attractive after the rejection of a conditional all-cash 450p takeover proposal. Stagecoach, a rival transport group that had been in exclusive discussions with the Cosmen-led consortium about buying some of the assets [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 11, 2009 FINANCIAL TIMES DEUTSCHE BANK BACKS €300M SAL OPPENHEIM INJECTIONDeutsche Bank has backed a €300m ($423m) injection of capital for Sal Oppenheim as the two banks continue their talks over a possible equity shareholding. Sal Oppenheim, a 220-year-old institution that claims to be Europe’s largest biggest independent private bank, said the equity injection was made by [...]
How the Russian oligarchs came to rise and reign in boomtime London August 5, 2009 LONDONGRADBY MARK HOLLINGSWORTH AND STEWART LANSLEYFourth Estate, £12.99ONE of the most visible signs of the times over the past few years has been the increasing Russification of London. The likes of Roman Abramovich, the owner of Chelsea Football Club, Oleg Deripaska, who made headlines when he entertained the then-EU trade minister Peter Mandelson and shadow [...]
Curtain up on a global drama of a different kind August 2, 2009 IT’S August and the streets of the Square Mile feel different. Many (especially those with families) are on holiday or thinking about it, the pace of news from Westminster and Whitehall is subdued and London is filled with foreign tourists marching across the City’s Millennium Bridge or up Ludgate Hill to enjoy our history and [...]
Lazard profit falls but beats forecasts July 29, 2009 FINANCIAL adviser and asset manager Lazard yesterday reported higher-than-expected second-quarter earnings, helped by strength in its restructuring business, sending its shares higher. But the firm said that profit was lower than a year earlier as its mergers and acquisitions business had not fully recovered in a lacklustre market. Lazard vice chairman Steven Golub said that [...]