Get your hands dirty in Sardinia November 15, 2009 THESE days, you can hardly turn on a television without seeing somebody rummaging around in hedgerows, or cooking a meal with something they have just picked or plucked from a tree. Foraging is in. The idea of wandering around the British countryside in November looking for my dinner doesn’t exactly appeal – but doing so [...]
LICENCED TO SELL November 12, 2009 THE former Midland Bank headquarters – which was the setting for the Fort Knox vault in 1964 Bond film Goldfinger – has been sold for £40m to an anonymous buyer. The building, located opposite the Bank of England, was owned by a Russian investor who wanted to convert the 291,573 sq ft bank into a [...]
Another boss to step down from TNK-BP November 11, 2009 BILLIONAIRE Mikhail Fridman yesterday said that he is likely to step down as acting chief executive of BP’s Russian joint venture TNK-BP, which will appoint a new permanent chief. The void at the helm of TNK-BP is the result of a row over strategy and control that erupted last year between BP and the four [...]
Pavlyuchenko demands exit from Spurs November 11, 2009 TOTTENHAM striker Roman Pavlyuchenko is plotting his route out of White Hart Lane after telling boss Harry Redknapp he wants to leave the club in January. The Russian is yet to start a Premier League game for Spurs this season and now fears for his place in Russia’s World Cup squad if he doesn’t play [...]
Eight indicted in card hack November 10, 2009 A US grand jury has indicted eight non-nationals on charges of hacking into a computer network used by credit card processing firm RBS WorldPay and stealing over $9m (£5.9m). The US Justice Department said yesterday that the group was accused of compromising the data encryption used by Atlanta-based RBS WorldPay, part of Royal Bank of [...]
Haye could earn $120m to turn his back on Britain November 10, 2009 NEW WBA heavyweight champion David Haye could take a share of a whopping $120m purse if he turns his back on Wembley and opts to go stateside for a unification bout with one of the Klitschko brothers. Many of the world’s top venues have been clamouring to host a 2010 super-fight since Haye became Britain’s [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 9, 2009 FINANCIAL TIMES Banks face hike in funding costsBanks around the world face increases in funding costs that could cut profits and hit their customers as they look to refinance $7,000bn-plus in short-term debt expiring in the next three years with longer-dated bonds, according to research released today. Institutions seeking to reduce their reliance on short-term [...]
Higher prices hurt Gazprom November 9, 2009 GAZPROM, the state-owned Russian energy giant, yesterday said its profits for the first six months of the year had halved, even as the cost of gas soared. Profits in the period tumbled to 305.8bn roubles (£6.3bn) from 609.4bn roubles in the first half. The company blamed the price of buying gas from central Asia, which [...]
Haye all set for Wembley showdown November 9, 2009 DAVID HAYE is setting his sights on a huge Wembley showdown with one of the Klitschko brothers next summer in a fight already being billed as the biggest in heavyweight history. Britain’s new heavyweight king is in talks with Wembley chiefs over a possible unification bout with champions Vitali or Wladimir after winning the WBA [...]
GM will stick with plan to cut Opel costs November 8, 2009 General Motors (GM) will probably stick to a plan to cut costs at Opel by 30 percent after deciding to restructure the European subsidiary itself rather than sell it, Bob Lutz, a GM executive set to become Opel’s chairman, said yesterday. “The restructuring plan developed at the end of last year is still the basis [...]