The City View: August CEO Mélie Dunod on rethinking holiday home co-ownership April 27, 2022 Today Andy Silvester talks to Mélie Dunod, CEO and co-founder of holiday home co-ownership firm August. She talks us through the company’s inception; why their equity purchase model allows for better and more transparent co-ownership; and the post-Covid re-examination of lifestyle purchases. And in the news: law giant Eversheds Sutherland has re-entered Russia, striking a [...]
Government asks energy company to extend life of coal power units in supply security push April 27, 2022 The government is exploring the possibility of expanding the lifespan of the UK's coal-fired power stations this winter.
Johnson: 287 UK MPs sanctioned by Russia should wear it as ‘badge of honour’ April 27, 2022 Hundreds of British MPs have today been hit with Russian sanctions, with Boris Johnson telling them they should wear it as a “badge of honour”. The Russian foreign ministry today said 287 MPs were being sanctioned for taking “the most active part” in organising sanctions over Ukraine and engaging in “Russophobic hysteria”, however a chunk of [...]
Boom in demand boosts Mercedes allowing to offset costs April 27, 2022 A boom in demand has boosted Mercedes-Benz’s financial performance allowing it to offset rising material and transport costs, the car giant announced today. “In terms of the desire of wealthy people to spend the money for exceptional products, I would say there is no barrier, there is no limit,” said chief financial officer Harald Wilhelm. In [...]
Billionaire financier Leon Black paid mistress millions for UK Golden Visa April 27, 2022 Billionaire financier Leon Black paid his Russian mistress £2m to make her eligible for a UK “Golden Visa”, in the hopes she would start a new life, far away from his home in New York. The co-founder of private equity giant Apollo Global Management transferred millions to his former mistress Guzel Ganieva after she began [...]
Shares in Atome Energy soar amid fertiliser crisis April 27, 2022 Shares in Atome Energy have soared 24.4 per cent powered by the ongoing fertiliser crisis - which has been exacerbated by raised gas prices.
Dodging inflation woes: Ad giant WPP raises forecasts as online demand soars April 27, 2022 Ad giant WPP hiked its its full-year sales outlook this morning following booming online demand despite shrinking woes for consumer budgets for major brands.
Uniper expects to pay for Russian gas in roubles despite halting flows into Poland and Bulgaria April 27, 2022 Uniper has confirmed it still expects to be able to pay for long-term gas contracts from Russia through the roubles payments process signed into law by Russian President Vladimir Putin last month.
Eversheds Sutherland strikes deal with Russian ‘relationship firm’ – made up of ex-employees April 27, 2022 Law giant Eversheds Sutherland has entered into an “exclusive” relationship with a newly-formed Russian law firm consisting entirely of its former employees just weeks after vowing to cut links with Russia in response to the country’s invasion of Ukraine. The London law firm said all of its Russian lawyers had transferred to its newly launched [...]
Austria to pay for Russian gas in roubles April 27, 2022 Austria has ceded to Russian demands to pay for its gas supplies in roubles, amid escalating tensions between the West and the Kremlin.