Holborn Dining Room brings life to Midtown April 29, 2014 @steve_dinneen RESTAURANT HOLBORN DINING ROOM 252 High Holborn, WC1V 7EN Tel: 0203 747 8633 FOOD Four Stars VALUE Four Stars ATMOSPHERE Five Stars Cost for three with cocktails: £187 THERE’S NOT a lot going on in Holborn, or “Midtown” as nobody outside of an estate agent’s office has ever called it. In actual Midtown, exactly [...]
The West’s latest sanctions might deal a heavier blow than we think April 29, 2014 Despite being criticised for their mildness, the newest sanctions imposed on Russian companies and indviduals by the US and EU send out a clear message on elements of Russia's way of doing business. Russian officials have warned the country’s hi-tech sector could be affected and Gazprom, Russia’s massive gas company, has said the sanctions have the [...]
Asian markets indecisive as US imposes fresh sanctions April 29, 2014 Asian markets have been switching between gains and losses after a less than impressive day on Wall Street and the crisis in Ukraine continued to give investors reason for caution. The US has deployed more troops in eastern Europe and imposed fresh sanctions in response to Russia's activity in the region. The new sanctions target [...]
US unveils fresh sanctions wave on Moscow elite April 28, 2014 A FRESH round of sanctions on figures close to the Russian regime was announced by the American government yesterday. The list of people sanctioned included Igor Sechin, president and chairman of the board of Rosneft, an oil firm in which the Russian government is a majority shareholder and BP holds a 20 per cent stake. [...]
Letters to the Editor – 29/04 – HS2 alternatives, Super-billionaires, Best of Twitter April 28, 2014 HS2 alternatives [Re: Why MPs need to vote against the expensive folly that is HS2, yesterday] There is a “taxpayer free” alternative to HS2. The private sector solution is to build a new freight rail line to increase capacity on passenger lines. By transferring freight trains from the West Coast Mainline to the new line, twice the [...]
Gold ETFs in tug of war between Ukraine fears and US growth April 28, 2014 There has been mixed research on gold today. According to Saxo Bank, gold saw a sixth consecutive week of outflows in exchange traded products last week. Investors traditionally buy gold as a safe-haven asset at times of uncertainty, but ongoing fears about the political crisis in Ukraine have been offset by confidence in the US [...]
What you need to know before the US open April 28, 2014 US stocks futures have been buoyed by the slew of M&A activity we’ve seen today, suggesting markets will following European counterparts at the open. European stocks are still being lifted by announced deals, with AstraZeneca still the biggest mover on the FTSE, keeping the index near seven-week highs. Meanwhile, President Obama’s announced further sanctions against [...]
Asian markets tumble as Russia sanctions loom April 28, 2014 Asian markets are in retreat after a lacklustre performance on Wall Street and western nations prepare to impose further on sanctions on Russia in wake of heightened tensions in Ukraine. Representatives from all 28 EU member states will meet today to impose travel restrictions and asset freezes on a further 15 influential Russians, according to [...]
What the other papers say this morning – 28 April 2014 April 28, 2014 FINANCIAL TIMES Pfizer renews interest in AstraZeneca Pfizer, the US pharmaceuticals group, has renewed its interest in a takeover of UK rival AstraZeneca, in what would be one of the global drugs industry’s largest ever deals. The US group approached AstraZeneca, which has a market value of £51.5bn, within the last week and could make [...]
S&P downgrades Russia to BBB- April 25, 2014 Standard and Poor’s has cut its credit rating for Russia to BBB- – the lowest investment grade. The reason for the downgrade to a notch above "junk" is owing to large capital outflows from the country and worsening economic risks, the credit rating agency said, as the situation over Ukraine becomes more tense. It maintains [...]