Russian commodities firms Eurasia Drilling Company, Uralkali PJSC and Polyus Gold are fleeing London’s stock markets October 12, 2015 Russians are flocking to leave the London stock exchange as commodities companies take a hammering. Eurasia Drilling Company, Russia's largest driller, confirmed this morning its managers would buy out the company and de-list it from the London Stock Exchange, for an increased price of $11.75 a share. If the deal goes ahead, and is approved by two-thirds [...]
Oil firm Ineos goes on a shopping spree for DEA’s North Sea assets October 11, 2015 Ineos has agreed to purchase all of the UK North Sea gas fields owned by Russian billionaire Mikhail Fridman’s DEA Group. The deal comes only weeks ahead of a deadline set by the government in April for DEA owner investment firm LetterOne to dispose of the oil and gas fields it bought from German utility [...]
Lewis Hamilton wins Russian Grand Prix to take giant step towards third Formula One world championship October 11, 2015 Britain's Lewis Hamilton insists all other targets are on hold until he clinches his third world championship, after he took a giant step towards the title at the Russian Grand Prix yesterday. Hamilton recorded his ninth win of the season in Sochi as Nico Rosberg suffered a pedal problem that ended his race – and [...]
London’s first rocket-shaped tower fails to launch October 8, 2015 Houston, we have a problem. Plans to add a 110-metre tall tower in the shape of a rocket to London's skyline have been grounded after planners denounced it as too "alien" for the local area. A planning application for the Gagarin Tower, named after the first human to travel into space, was rejected by Southwark Council members earlier this week. Planners struggled [...]
Will an asteroid hit the Earth? Not this time, but we should take today’s fly-by as a warning October 8, 2015 Later today, an asteroid called 2014 RC will pass by the Earth, flying 25,000 miles over New Zealand as it makes its way through space. While that's far enough away to pose no direct threat to Earth, we shouldn't simply brush it off. It was, after all, an asteroid that supposedly killed off the [...]
Why economic downturns could boost your health October 7, 2015 One silver lining of a sickly economy is that it can make people healthier. It's hardly surprising that the devastating effects of an economic crisis take their toll on people's mental health. But high unemployment and low wages also leaves people with less money to spend, squeezing sales of booze and cigarettes, and improving their physical health. [...]
Acton, Earls Court, Old Oak Common and Nine Elms: These are London’s next 10 housebuilding hotspots October 7, 2015 The capital's supply of homes for sale – both new-builds and people putting their previously-loved properties on the market – continues to be pathetically low. But as the government attempts to increase the number of homes being built in the capital, parts of London are about to experience mini housebuilding revolutions. Knight Frank's Global Development Report highlights the areas where the biggest [...]
An exhibition in London today turns Vladimir Putin into Batman, Gandhi and Pele, because why not October 6, 2015 Russian leader Vladimir Putin celebrates his 63rd birthday on 7 October and Hackney hipsters are hoping to celebrate with along him, after the opening of an exhibition which puts Putin right up there with Alexander the Great and Mahatma Gandhi as a “famous hero” of our time. The international exhibition, "Putin Universe" will be open in Moscow and [...]
Politics and markets: What risks do key upcoming elections pose? October 5, 2015 Far less of a close-run thing than most had expected, the Greek elections last month confounded predictions. Syriza, led by Alexis Tsipras, bagged 7 per cent more of the vote than conservative party New Democracy – with which it had been neck-andneck in opinion polls. Now, with a more centrist hard-left party at the helm, [...]
Putin will fail in Syria: The West must take a step back October 4, 2015 I feel as if we are in a time warp. To read right-wing commentators over the past few days, you would think the Cold War is back on – only this time we are losing. To hear them talk, we are living in a new age of Russian power. A triumphant Russia is calling the [...]