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  • Familiar foe threat to Murray’s Australian bid

    January 27, 2015

    BRITAIN’S Andy Murray has played down the threat of Tomas Berdych’s insider knowledge after setting up an Australian Open semi-final against the in-form Czech. Murray made swift work of ending a 15,000 sell-out Melbourne crowd’s hopes of a famous home victory by thrashing 19-year-old rising star Nick Kyrgios in straight sets yesterday. The Scot, seeded [...]

  • European leaders call for new Russia sanctions after renewed violence in Ukraine

    January 27, 2015

    European leaders have written a joint statement saying they will back new sanctions against Russia, after renewed violence in eastern Ukraine. Heads of state from all 28 European Union (EU) nations condemned the killing of civilians – said to have been deliberate – in the Ukrainian city of Mariupol over the weekend. We note evidence [...]

  • Russian “spies” looking for US economic intelligence posing as bankers foiled by FBI

    January 27, 2015

    Three Russians have been charged in connection with a Cold War-style spy ring attempting to gather economic intelligence on sanctions by posing as a bank employee, US authorities have said. The FBI arrested Evgeby Buryakov in New York, charging him with conspiring to gather intelligence on behalf of Russia. He is due to appear in [...]

  • Greece elections 2015: How David Cameron, Ed Miliband, Paul Krugman and other world leaders and economists reacted to Syriza victory

    January 26, 2015

    The impact and significance of Syriza's victory in the Greek election is already making its mark on Europe and the rest of the world.  Syriza, a leftist anti-austerity party, wants to renegotiate Greece's debt to its three creditors (the European Commission, the European Central Bank and the International Monetary Fund), which currently stands at around [...]

  • Exclusive: Fifty suitors bid for remains of FX firm Alpari UK

    January 26, 2015

    More than 50 companies are bidding to buy all or part of failed forex and spreadbetting firm Alpari UK, City A.M. understands – with international units of the wider Alpari group among those who are interested. Alpari’s Japanese and Russian arms are thought to be most involved. Firms including ETX Capital, Oanda, Iron FX and [...]

  • Oxford Instruments warns over weak Russia and Japan trading

    January 22, 2015

    OXFORD Instruments issued a profit warning yesterday, citing weak trading in Russia and Japan. The company, which makes maintenance systems and parts for CT and MRI scanners, warned of a nearly 26 per cent fall in full-year profit. It added that it expects revenue for the second half to be below market expectations. Shares in [...]

  • Russia’s Kalashnikov to be made in the US after sanctions import ban

    January 21, 2015

    The infamous AK-47 assault rifle, also known as the Kalashnikov, will begin production in the US for the first time after imports of the weapon were banned under sanctions imposed on Russia by the US government. RWC, the US company with exclusive rights to import and sell the weapon in the country, will start making [...]

  • UK bosses expect higher growth than elsewhere in Europe

    January 20, 2015

    The UK’s chief executives are more confident about growth this year than their counterparts in the rest of Europe, while the US stands out among developed nations. That is according to an annual survey of bosses that found that 39 per cent of UK bosses said they were “very confident” about growth prospects in 2015, [...]

  • Eurasia Drilling to merge with Schlumberger

    January 20, 2015

    OIL AND gas firm Schlumberger is set to acquire a 45.65 per cent minority shareholding in Russian company Eurasia Drilling for around $1.7bn (£1.1bn). The deal will involve Eurasia delisting from the public market, which is slated to take effect from 23 February. The transaction will deliver $22 a share to shareholders, which represents a [...]

  • Davos according to TripAdvisor… Which hotels, restaurants and attractions to avoid while at the World Economic Forum 2015

    January 20, 2015

    The world and his cat are heading to Davos this week, but if you've been too busy dealing with the Swiss franc fracas or China's crawling economy, fear not. Here's our top tips on where to avoid, what not to do, and where to run screaming from, courtesy of Trip Advisor's review system. You should [...]

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