WHAT THE OTHER PAPERS SAY THIS MORNING November 3, 2009 FINANCIAL TIMES INDIA SOLD ON GOLDGold surged to an all-time high after India bought 200 tonnes of the precious metal, swapping dollars for bullion as the finance minister warned the economies of the US and Europe had ‘collapsed’. India’s decision to exchange $6.7bn for gold equivalent to eight per cent of world annual mine production [...]
Haye promises big knockout November 3, 2009 BOXING: Britain’s David Haye has promised to make history by flooring giant Nikolai Valuev with a “jaw-dropping knockout”. The 7ft Russian has never been taken down in 51 contests, but Haye believes he can end that run in Saturday night’s eagerly anticipated WBA heavyweight title fight. “I truly believe it will be one of the [...]
Ferguson in new ref rant as United frustrated November 3, 2009 MANCHESTER UTD vs CSKA MOSCOW MANCHESTER UNITED boss Sir Alex Ferguson continued his crusade against referees with a blast at Olegario Benquerenca as his side were held to a thrilling draw by CSKA Moscow at Old Trafford. Ferguson was furious United weren’t awarded a penalty by the Portuguese official after Darren Fletcher appeared to be [...]
THREE OTHER JAPANESE RESTAURANTS November 2, 2009 ROKARoka is rightly Soho’s favourite, buzziest Japanese and one of the area’s best restaurants. The sushi, sashimi and goodies from the Robata grill are all divine and choosing one dish over another is an eternal struggle. The airy, colourful interior lifts the whole experience further. Go for the tasting menu if you have time. 37 [...]
WHAT THE OTHER PAPERS SAY THIS MORNING November 2, 2009 FINANCIAL TIMES VODAFONE’S GHANA DEAL ATTRACTS SFO INTERESTThe UK Serious Fraud Office has contacted Vodafone about its controversial deal to buy a controlling stake in Ghana’s third-largest mobile phone operator. The SFO has not launched an investigation into the deal, but is monitoring allegations of irregularity that have been made in Ghana. INDIAN SURGE BENEFITS [...]
CITY MOVES WHO’S SWITCHING JOBS November 2, 2009 Close Brothers Corporate FinanceThe independent corporate finance advisory firm has appointed Will Thompson to head up its support services sector team. Thompson joined the firm in March this year to lead the European healthcare services team, having previously been at Morgan Stanley. He has also worked at Lazard and Barings. He has advised on numerous [...]
Russia warns on Ukraine gas November 1, 2009 Vladimir Putin the Russian Prime Minister warned the European Union yesterday that gas supplies via Ukraine may be disrupted because of another pay dispute with Kiev. Putin said he wanted to “draw attention to signals, including those sent through official channels to Kiev, concerning possible payment problems for the delivery of Russian gas”.
Kremlin seeks Western capital with bond issue November 1, 2009 A RUSSIAN delegation will arrive in London this week to announce an £11bn bond issue as it seeks Western investment in its struggling economy. Deputy prime minister Alexei Kudrin, who is also Russia’s finance minister, will meet business secretary Peter Mandelson, bringing with him senior figures from the Russian central bank and finance ministry, as [...]
Russia cuts interest rate October 29, 2009 Russia’s central bank yesterday cut interest rates by 50 basis points to 9.5 per cent in an attempt to boost bank lending and reduce the attractiveness of short-term investments in Russian assets. It also reduced the repurchase rate charged on central bank loans to 8.5 per cent from nine per cent. Analysts thought that the [...]
BP SMASHES EXPECTATIONS October 27, 2009 OIL major BP smashed market expectations yesterday as it released third-quarter profits that were down year-on-year but still managed to wow investors. Profits were down 50 per cent from the $10bn (£5.8bn) it reported a year ago, at $4.98bn. This was because oil now trades at around $80 a barrel, plummeting from a peak of [...]