CITY MOVES WHO’S SWITCHING JOBS November 22, 2009 Legal & General PropertyThe property investment group has hired Simon Russian as senior fund manager of retail development.Russian was previously head of retail and development director at Wilson Bowden Developments, which he joined in 1995. In his new role, he will be responsible for strategically managing the firm’s retail development projects and working with the [...]
ROMA MOVE IN FOR ROMAN November 19, 2009 ITALIAN side Roma took the lead the race to sign Tottenham striker Roman Pavlyuchenko last night after club director Daniele Prade flew into London to discuss a possible transfer. The £13.8m Russian has fallen out of favour under Harry Redknapp this season, prompting Prade to push a deal through. Pavlyuchenko’s representative Oliver Wendt said: “It’s [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 19, 2009 FINANCIAL TIMES VODAFONE?VEXED BY VERIZON STANCEThe chief executive of Vodafone yesterday said that the question of dividend payments from Verizon Wireless, its US joint venture, was one of the most pressing items on the company’s agenda. Speaking at a MorganStanley investor conference in Barcelona, Vittorio Colao said: “We need to solve the US situation.” EUROPEAN [...]
TNK-BP’s new boss unveiled November 19, 2009 OIL giant BP said the candidate proposed by its oligarch partners to lead their Russian joint venture, TNK-BP, had won out over BP’s candidate and that oligarch Mikhail Fridman would stay at the helm until 2011. BP and AAR, a consortium representing the billionaire co-owners, said Maxim Barsky, currently TNK-BP’s executive vice president for strategy [...]
M&S and ITV brighten up dull day of trading for FTSE November 18, 2009 THE UK’s main market ticked down slightly yesterday, as an unexpected drop in US housing figures spooked investors and weakness in food retailers and tobacco firms outpaced gains in miners and energy companies. The FTSE100 closed 0.1 per cent lower at 5,342.13 with Cable & Wireless, Unilever, Vodafone and HSBC going ex-dividend. Marks & Spencer [...]
Fresh blow to BP over TNK November 18, 2009 TNK-BP is likely to stay under the effective control of Russian oligarch Mikhail Fridman until 2011. The chief executive’s post at the joint venture between oil giant BP and four Russian tycoons will soon pass to Maxim Barsky, the candidate agreed by both sides several months ago. But Fridman will stay at the helm of [...]
QUEEN SENT FROM RUSSIA WITH LOVE November 17, 2009 FIRST there was Bobby George; the Bobby Dazzler, the King of the Bling, the first true bastion of darting glitz and glamour. Then, there was Andy Fordham. Thirty-one stone at his peak, hair down to his backside and regular consumer of 25 bottles of Holsten Pils before going on stage. Equally adored by his public. [...]
Central bank slows rocky rouble’s rally November 17, 2009 WHILE its Bric counterparts of Brazil, India and China have been relatively unaffected by the global downturn, the Russian economy has suffered more than most. With approximately 60 per cent of its exports dependent on oil, a slump in the crude price during the second half of 2008 proved disastrous. But a recovering oil price [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 17, 2009 FINANCIAL TIMES BARCLAYS RETAIL CHIEF WARNS NEW ENTRANTSThe new head of global retail banking at Barclays has joined the backlash of traditional bankers against the entry into banking of supermarkets and other consumer companies. Antony Jenkins said the new competitors may be under-estimating the difficulties of breaking into the market. APOLLO SETS SIGHTS ON NYSE [...]
SPORT IN BRIEF November 16, 2009 De la Hoya backs HayeBOXING: Oscar De La Hoya believes Britain’s new heavyweight champion David Haye can take the world by storm. Haye took the WBA belt after beating Russian giant Nikolai Valuev in Germany ten days ago and De La Hoya’s Golden Boy Promotions believe he can set the division alight both sides of [...]