Best of travel: The luxury yacht with more toys than Hamleys March 3, 2021 To tide us over until we’re able to travel again, we’re republishing classic travel stories from our archives. Today we revisit Adam Hay-Nicholls’ stay on what might be the best pound-for-pound yacht in the world. ••• Luxury journalism: It won’t make me a billionaire, but I do get to act like one on occasion. The [...]
Rio Tinto chairman to step down over destruction of sacred site March 3, 2021 The chairman of Rio Tinto will step down as the mining giant has come under fire for destroying a sacred cave system in Australia. The global outcry over the destruction of the 46,000-year old Aboriginal site, known as Jukkan Gorge, has led the US government to rethink its plan for Rio Tinto and BHP to [...]
Precious metal price surge boosts Russian miner Polymetal March 3, 2021 Russian miner Polymetal today said that earnings hit a record high in 2020 as surging precious metal prices boosted the firm’s profit. The FTSE 100 firm said that earnings reached $1.1bn last year, up from $483m in 2019. In addition, revenue jumped 28 per cent to $2.9bn. A combination of higher production volumes, higher commodity [...]
Ocado opens hub in Bristol as it plans to boost UK capacity by 40 per cent March 1, 2021 Online supermarket retailer Ocado has opened a new mini customer fulfilment centre (CFC) in a bid to expand its reach across the country after a strong 2020. Supporting up to 815 jobs, the Bristol-based centre has the capacity for over 30,000 orders a week and will hep the retailer with its increased demand over lockdown. [...]
Russian retailer Fix Price targets $1.7bn London listing March 1, 2021 Russian budget retailer Fix Price is targeting an IPO size of between $1.5bn and $1.7bn as it finalises its London listing. Earlier this month the company, which is the largest value retailer in Russia, announced its float would allow it to pursue growth and international expansion. Fix Price, which launched in 2007, has more than [...]
Alexei Navalny: Destination unknown as Putin makes opponent disappear February 25, 2021 Russian opposition politician Alexei Navalny has been moved to an undisclosed detention centre outside Moscow, his lawyer and a member of a rights organisation said this evening. One of his lawyers, Vadim Kobzev, said on Twitter that Navalny was transferred to a prison camp but it was not clear which one or where. Navalny, a [...]
More than a dozen companies exit $11bn Nord Stream 2 project to avoid US sanctions February 24, 2021 Baker Hughes Co, AXA group and 16 other companies have stopped working on Russia’s Nord Stream 2 natural gas pipeline to avoid US sanctions, according to multiple media reports this evening. Russian energy company Gazprom and its partners are in the process of building an $11bn pipeline that will supply natural gas from Russia directly [...]
PM must pull G7 back from the dusty halls of diplomatic irrelevancy to tackle Covid, China & climate change February 24, 2021 Last Friday, Prime Minister Boris Johnson hosted the first leadership meeting of the UK’s 2021 presidency of the G7. While the western club may appear ill-suited to tackling the global crisis from the pandemic, it has always been at its best reacting to the big issues of the moment. Indeed, the very fact that it [...]
French actor Gerard Depardieu charged with rape: AFP February 23, 2021 French actor Gerard Depardieu is under Judicial supervision after being charged with rape in December 2020
EU ministers agree to sanction Russian officials responsible for Navalny imprisonment February 22, 2021 The EU agreed this evening to sanction Russian officials directly responsible for jailing opposition leader Alexei Navalny in Russia, according to German foreign minister Heiko Mass. Today’s agreement came after France, Germany, Poland and the Baltic countries had urged the bloc to confront the Kremlin. Mass told reporters that “the EU will not be silent. [...]