Deripaska’s plan for Rusal flotation hits a setback December 2, 2009 RUSSIAN tycoon Oleg Deripaska’s plan to float his aluminium business UC?Rusal hit another hurdle yesterday, when the Hong Kong Stock Exchange delayed a ruling that needs to go in the firm’s favour before it can list. Rusal, the world’s largest aluminium company, is poised to secure a $17bn debt restructuring package that it hopes will [...]
Relief at last for Moyes as Everton squeeze through December 2, 2009 AEK ATHENS (0) vs EVERTON (1) A SIXTH minute goal from Diniyar Bilyaletdinov was enough to hand struggling Everton a passage into the last 32 of the Europa League at a rain-soaked Olympic Stadium. The Russian winger raced onto Jo’s brilliant through ball to seal a precious away victory and keep the pressure off under-fire [...]
WHAT THE OTHER PAPERS SAY THIS MORNING December 1, 2009 FINANCIAL TIMES HIT HAMSTER RANGE LIFTS CHARACTER GROUPToymaker and distributor The Character Group has predicted Christmas shortages of its most popular lines of children’s gifts, including Go Go Pets, based on a range of battery-powered interactive hamsters. John Lewis, the department store chain, has already imposed a limit of one order per customer for the [...]
Challenger Salita confident of dethroning ‘chinny’ Khan December 1, 2009 DMITRIY SALITA believes he can steal victory over “chinny” Amir Khan in Newcastle on Friday night. The New York-based fighter puts his unbeaten record on the line when he takes on Khan for the WBA light-middleweight title. Khan, defending his title for the first time following his victory over Andreas Kotelnik in July, claims to [...]
SEASONAL THOUGHTS FROM THE CITY GIRL November 30, 2009 As 2009 comes to a close, City folk are craving a bit of fun. After being forced to keep their heads down all year amid the misery, bailouts and chaos, most bankers I know are desperate to let their hair down, get drunk and embarrass themselves. One of the things I miss most about the [...]
Benitez: Derby win could turn round our season November 29, 2009 UNDER-FIRE Liverpool boss Rafael Benitez says yesterday’s Merseyside derby victory over Everton could help turn around his side’s ailing season. A first-half own goal from Joseph Yobo and a late strike from Dirk Kuyt saw the Reds register back-to-back wins for the first time since September and move back up to fifth in the Premier [...]
Davydenko is the unlikely star of the O2 November 29, 2009 NIKOLAY DAVYDENKO treated the London crowd a tennis masterclass on his way to becoming the first Russian to win the season-ending ATP World Tour Finals. The 28-year-old turned on the style to beat Argentina’s Juan Martin del Potro 6-3, 6-4 to claim the biggest title of his career – and a cheque for just over [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 26, 2009 FINANCIAL TIMES US RETAILERS TURN TO SOCIAL MEDIA ON “BLACK FRIDAY”US retailers will on Friday unleash a traditional barrage of post-Thanksgiving holiday shopping promotions, with the National Retail Federation expecting 134m Americans to head for the stores. This year however, the retailers have reinforced their traditional efforts with a new array of social-networking weapons including [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 25, 2009 FINANCIAL TIMES INVESTORS TO SIGN AVTOVAZ AID DEALShareholders in Russian car maker Avtovaz will sign a rescue deal for the near-bankrupt firm at a meeting near Paris this week, Yuri Ushakov, the Russian Prime Minister’s deputy chief of staff, said yesterday. SATYAM SHARES TUMBLE OVER FRESH CHARGESShares in Mahindra Satyam, the fraud-hit IT services group, [...]
THETINMAN November 25, 2009 Russian oligarch Oleg Deripaska will lose majority control of aluminium producer Rusal following a planned flotation of the company, said Russian finance minister Alexei Kudrin yesterday. “After VEB (the Russian state-owned bank) buys a stake, the government and Deripaska will control the company,” he said. Picture: reuters