Space X explosion will delay astronaut plans, Nasa official says June 18, 2019 The explosion that destroyed a Space X crew vehicle in April will delay the drive to build a US spaceship able to carry astronauts to the International Space Station, a senior Nasa official said today. In April, Space X’s passenger vehicle, Crew Dragon, exploded on the ground during testing. Nasa administrator Jim Bridenstine said he [...]
Independent and Evening Standard could face probe over Saudi stakes June 13, 2019 The Independent and the Evening Standard could face an inquiry over public interest concerns after a mysterious Saudi investor took major stakes in the titles. Culture secretary Jeremy Wright today said he is mulling an investigation into the groups behind the two newspapers, amid fears the deals could compromise freedom of expression and the accurate [...]
Welcome aboard the Amore Mio, a 7,620 horsepower luxury sports yacht with more toys than Hamleys June 10, 2019 Luxury journalism: It won’t make me a billionaire, but I do get to act like one on occasion. The 45-metre Amore Mio is one of the largest and most powerful ‘sports’ yachts in the world, and it isn’t available for charter. Instead, its owner – who shall remain nameless but, predictably, he’s Russian and in [...]
America is changing, and the UK cannot afford to ignore it June 10, 2019 I cannot begin to estimate how much ink has been wasted on President Trump’s state visit to the UK last week. This is not to dismiss the significance of commemorating the D-Day anniversary, and the immense shared sacrifice of British and American soldiers in liberating Europe. But the rest of the state visit, focusing as [...]
Natalia Goncharova review: This exhibition offers a glimpse into a Russia that has long been forgotten June 7, 2019 Natalia Goncharova was a Russian avant-garde artist who throughout her career was preoccupied with the world of the Russian peasantry. Upon entering this exhibition, you’re presented with the artistic culture of an old, lost world; entrancing tray-paintings (an old folk handicraft), stylised versions of traditional religious prints, a peasant’s dress. Goncharova was a modernist, but [...]
Bob Bob Ricard City review: This bonkers restaurant is the Square Mile’s new best place to eat June 6, 2019 There are many laudable things about Soho’s Bob Bob Ricard: the fancy Titanic-meets-Orient-Express interiors, the no-nonsense Franco-Anglo-Russian menu that turns a fish pie or a chicken kiev into a minor culinary event. But the thing everybody remembers is the “Press for Champagne” button on every table, a gimmick that perfectly encapsulates the personality of the [...]
US trade ban on Huawei could slow global 5G rollout, warns Barclays June 6, 2019 The US’s decision to blacklist Chinese tech firm Huawei could slow down the global rollout of 5G, Barclays has warned. In a new report analysts said network carriers in Europe could be hit by heavy costs and technical disruption if they are forced to upgrade existing Huawei 4G technology with gear made by a different [...]
Tinkoff owner TCS looks to $300m London fundraise June 4, 2019 The company behind Russian online bank Tinkoff plans to raise $300m (£237m) on London markets in a bid to fund growth. Read more: Tinkoff looking for calm after Friday sell-off Tinkoff’s loans portfolio grew 21 per cent in the first quarter, chief executive Oliver Hughes said. He promised the trend would continue in the second [...]
Kremlin says it hopes US investor Michael Calvey will be freed June 3, 2019 The Kremlin said it hopes US investor Michael Calvey, who is under house arrest in Russia, will be freed and able to attend an economic forum in St Petersburg this week. Calvey, who founded private equity group Baring Vostok, was detained in Russia in February over embezzlement charges. The businessman has denied wrongdoing and alleges that [...]
En+ profit plunges after Trump’s US sanctions bite May 31, 2019 Energy provider En+'s profit and revenue plunged in its first quarter this year after the imposition of US tariffs that were only recently lifted. The aluminium and power giant saw its profit slide 38.7 per cent to $409m (£324m) in the first three months of 2019, with revenue falling 19.1 per cent to $2.8bn. Read more: US [...]