Total CEO Christophe de Margerie killed in Moscow plane crash as his aircraft collides with snow-clearing machine October 21, 2014 The CEO of Europe's third largest oil company Christophe de Margerie has been killed after a collision between his private jet and a snow-clearing machine at Moscow's Vnukovo airport. Russian authorities said the incident had involved a Falcon-50 plane, with the collision occurring a little before midnight local time. Visibility was reported to have been [...]
Navratilova blasts ITF silence over Russian’s Williams brothers slur October 20, 2014 EIGHTEEN-TIME grand slam winner Martina Navratilova has criticised the International Tennis Federation (ITF) for its failure to punish the Russian official who referred to Serena and Venus as the “Williams brothers”. Shamil Tarpischev, the president of the Russian Tennis Federation, landed a £15,000 fine and a one-year ban from the Women’s Tennis Association for the [...]
Caterham hit back at Kobayashi worries over suspension safety October 20, 2014 CASH-STRAPPED Formula One team Caterham have defended their safety procedures after it emerged that driver Kamui Kobayashi was fearful of driving his car at this month’s Russian Grand Prix. Kobayashi wrote on Facebook that he felt “seriously troubled” by a suspension fault that could not be replaced so instead had to be wrapped in carbon [...]
Why British homeowners are mad about mews October 20, 2014 It’s a common complaint that all the best properties in London are being bought up by foreign, cash-rich investors, looking to tie their money up in our constantly expanding property market. But there is one section of the market that, until now, has remained largely untapped by foreign investment, a last bastion of British buyers: [...]
Russia clamps down with 200 new McDonald’s investigations October 20, 2014 Russia has stepped up its action against restaurant chain McDonald’s, with 200 new investigations into the fast food outlet on various grounds. In the wake of sanctions on President Putin’s nation following his intervention in the conflict in Ukraine earlier this year, Russia clamped down on a number of restaurants in Moscow over poor hygiene [...]
Best of the Brokers for 20 October 2014 October 19, 2014 To appear in Best of the Brokers, email your research to notes@cityam.com BSKYB S&P Capital IQ reiterated its “sell” rating, and stated that despite a good first quarter which saw a six per cent rise in recurring revenue and total customer numbers up five per cent year-on-year, it remains concerned about content and product costs. [...]
Sweden hunts for suspected Russian submarine October 19, 2014 Sweden's military is searching for "foreign underwater activity" less than 31 miles from Stockholm. According to Reuters, the mobilisation of troops, ships and helicopters is on a scale not seen since the depths of the cold war. Russia's bellicose actions in Ukraine are making nations in the Baltic and Nordic regions uneasy. Stockholm is just across the [...]
Rolls-Royce share price dives following profit warning October 17, 2014 Rolls-Royce Holdings share price fell this morning after warning that its underlying revenue may be 3.5 to four per cent lower in 2014 compared to last year, on the back of worsening economic conditions and tightening Russian trade sanctions. The British engine maker said leading customers had cancelled orders particularly in the Nuclear & Energy [...]
Waterstones still able to book a place in nation’s hearts – Brand Index October 14, 2014 Once a regular fixture on the high street, growing competition from online retailers, supermarkets and the rise of e-books is taking its toll on booksellers – even on chains such as Waterstones. Established in 1982 by Tim Waterstone, the bookseller expanded rapidly until being sold in 1993 to WH Smith. Then it changed hands several times [...]
Hamilton set for new contract as Mercedes look to extend rivalry October 13, 2014 MERCEDES chiefs have vowed to keep Britain’s Lewis Hamilton at the team beyond the world championship leader’s current contract, which expires at the end of next season. Head of motorsport Toto Wolff addressed speculation linking Ferrari’s Fernando Alonso with a move to the team by insisting he wants Hamilton and his title challenger Nico Rosberg [...]