OECD sees signs of fresh slump September 13, 2010 A SLOWDOWN in economic growth in the world’s developed countries looks increasingly likely, a leading think-tank said yesterday, highlighting signs the recovery may now have peaked in the United States, Japan and Brazil. The Organisation for Economic Co-operation and Development (OECD) said yesterday that its July composite leading indicator for the 32-nation OECD area fell [...]
Saucy goings on in the country September 9, 2010 Film Tamara drewe Cert: 15 FINALLY: a comic book adaptation with nary a caped superhero in sight. Instead, we have Gemma Arterton in a vest and denim hotpants, reducing the male denizens of a rural backwater – and, frankly, most male viewers – to a state of sweaty-palmed lust. Arterton’s titular (pun intended) character, a [...]
Murray conqueror Stan survives Querrey thriller September 7, 2010 ANDY MURRAY’S conqueror Stanislas Wawrinka powered his way into his first Grand Slam quarter-final last night after a gruelling five-set thriller with Sam Querrey. Wawrinka, the Swiss 25th seed, was pegged back twice by the American before coming through 7-6, (11-9) 6-7 (5-7), 7-5, 4-6, 6-3 in four hours 28 minutes at Flushing Meadows. He [...]
Record for foreigners in UK shopping bonanza September 6, 2010 LAST month was the busiest on record for international shoppers hitting UK stores, a new survey showed today. Sales were up 18 per cent with shoppers from China, Russia, Thailand and Malaysia leading the boom. The hike came despite Middle Eastern shoppers heading home for religious festival Ramadan during the month. The growth in Chinese [...]
Gazprom mulls float of units September 6, 2010 RUSSIAN energy company Gazprom said yesterday it planned to combine its numerous electricity holdings under a single entity that it would float on the stock market. Combining the assets, some of them large electricity providers, would create Russia’s second-biggest power producer after state-controlled Rushydro, Renaissance Capital analyst Vladimir Sklyar said. The consolidation would be done [...]
Suits’ fave spot for a helping of glam September 6, 2010 Aqua Nueva Fifth Floor, 30 Argyll Street, W1B 3BR Tel: 020 7478 0540, www.aqua.com.hk FOOD SERVICE ATMOSPHERE Cost per person without wine: £50 LONDON’s love affair with the shamelessly glam has been hotting up for several years and Aqua Nueva, the Spanish side of a double rooftop restaurant off Regent Street, fits the bill perfectly. [...]
TASTING NOTES September 6, 2010 THE eating establishment reviewed above is the polar opposite to the one discussed here. Where that one is brashly glamorous and made for Euro-trotting Russians, this one is beautifully humble, studiedly homely and completely spot-on food-wise. It is equally trendy, of course, but rather it’s a Boho teacup whereas Aqua is a towering martini glass. [...]
BP to launch $20bn sale of stake in Prudhoe Bay oil field September 5, 2010 BP has put its $20bn (£12.9bn) stake in Alaska’s Prudhoe Bay oil field up for sale as part of the oil major’s move to cover the rising costs of the Gulf of Mexico spill. The sale falls in line with plans announced by BP to auction off roughly $30bn in global assets to help pay [...]
WHAT THE OTHER PAPERS SAY THIS MORNING September 2, 2010 FINANCIAL TIMES LENDERS SHUNNED ON STRESS TESTS DOUBTS Leading UK and continental European companies are increasingly shunning banks from Spain, Italy and even Germany because they do not believe the Europe-wide stress testing of banks gave a true picture of their financial health. Corporate treasurers from groups with revenues of more than $240bn told the [...]
Imperious Fed looks Beck to his best September 2, 2010 FIVE-TIME champion Roger Federer continued his love affair with the US Open after cruising into the third round at Flushing Meadows. The Swiss second seed eased to a 6-3, 6-4, 6-3 victory over German Andreas Beck to earn a third round clash with either Paul-Henri Mathieu or Guillaume Rufin. Meanwhile, Russian sixth seed Nikolay Davydenko [...]